10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

MEDTRONIC PLC

Ticker: MDT   Fiscal Year: 2018

Consolidated Statements of Income

Period Ending Apr 27, 2018 10-K (Filed: June 22, 2018)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Apr 27, 2018Apr 28, 2017Apr 29, 2016
Net sales
$
29,953
29,71028,833
Costs and expenses:
Cost of products sold9,0559,2919,142
Research and development expense2,2532,1932,224
Selling, general, and administrative expense9,9749,7119,469
Amortization of intangible assets1,8231,9801,931
Restructuring charges, net30363290
Acquisition-related items104220283
Certain litigation charges6130026
Divestiture-related items11400
Gain on sale of businesses(697)00
Special charge801000
Other expense, net505222107
Operating profit6,6515,3305,361
 
Investment loss227070
Interest income(397)(366)(431)
Interest expense1,1461,0941,386
Interest expense, net749728955
Income before income taxes5,6754,6024,336
 
Income tax provision2,580578798
Net income3,0954,0243,538
 
Net loss attributable to noncontrolling interests940
Net income attributable to Medtronic3,1044,0283,538
 
Basic earnings per share (in dollars per share)2.292.922.51
Diluted earnings per share (in dollars per share)2.272.892.48
Basic weighted average shares outstanding (in shares)1,356,7001,378,9001,409,600
Diluted weighted average shares outstanding (in shares)1,368,2001,391,4001,425,900
Cash dividends declared per ordinary share (in dollars per share)1.841.721.52
External Links 
MEDTRONIC PLC (MDT) Fiscal Year 2018
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip