Retine Assumptions for Dividend and Retained Earnings Forecast Provided below is FY2016 information for Medtronic PLC. Medtronic plc Consolidated Statement of Income ($ millions) Net sales Costs and expenses Cost of products sold Research and development expenses Selling, general, and administrative expense Special charges (gains), net Restructuring charge, net Certain litigation charges, net Acquisition-related items Amortization of intangiable assets Other expense, net Operating profit Interest expense, net Income from operations before income taxes Provision for income taxes Apr. 29, 2016 $29,499 9,142 2,224 9,469 70 290 26 283 1,931 107 5,957 955 5,002 950 $4,052 Net income