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Forecast the Statement of Cash Flows Refer to the Medtronic PLC financial statements below. Use the information to forecast Medtronic's FY2017 statement of cash
Forecast the Statement of Cash Flows Refer to the Medtronic PLC financial statements below. Use the information to forecast Medtronic's FY2017 statement of cash flows. Medtronic plc Consolidated Statements of Income 2017 EST. Apr. 29, 2016 12 Months Ended ($ millions) Net sales $35,531 $28,833 Costs and expenses Cost of products sold 11,151 9,142 Research and development expense 2,709 2,224 Selling, general, and administrative expense 11,538 9,469 Special charges (gains), net -- 70 Restructuring charges, net 218 Certain litigation charges, net - 290 26 Acquisition-related items 352 283 Amortization of intangible assets 1,931 1,931 Other expense, net 107 107 Operating profit 7,525 5,291 Interest expense, net 955 955 Income from operations before income taxes 6,570 4,336 Provision for income taxes 1,314 798 Net income $5,256 $3,538
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