Medtronic 2007 Annual Report Download - page 70
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Please find page 70 of the 2007 Medtronic annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.I]Z [daadl^c\ iVWaZ hjbbVg^oZhVXi^k^in ^cWYYkckbWj[Zej^[h
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Accumulated derivative losses, April 30, 2004 $ (47)
Net losses reclassified to earnings 66
Change in fair value of hedges (30)
Accumulated derivative losses, April 29, 2005 (11)
Net gains reclassified to earnings (14)
Change in fair value of hedges 40
Accumulated derivative gains, April 28, 2006 15
Net gains reclassified to earnings (11)
Change in fair value of hedges (59)
Accumulated derivative losses, April 27, 2007 $ (55)
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Fiscal Year
2007 2006
Beginning balance
$4,346 $4,281
Goodwill as a result of acquisitions 16 104
Purchase accounting adjustments, net& (41) (32)
Currency adjustment, net 6(7)
Ending balance
$4,327 $4,346
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Purchased
Technology
and Patents
Trademarks
and
Tradenames Other Total
Amortizable
intangible assets
as of April 27, 2007:
Original cost $ 1,754 $ 265 $ 217 $ 2,236
Accumulated
amortization (519) (150) (134) (803)
Carrying value $ 1,235 $ 115 $ 83 $ 1,433
Weighted average
original life
(in years) 14.5 10.0 10.2
Amortizable
intangible assets
as of April 28, 2006:
Original cost $ 1,761 $ 265 $ 230 $ 2,256
Accumulated
amortization (423) (124) (117) (664)
Carrying value $ 1,338 $ 141 $ 113 $ 1,592
Weighted average
original life
(in years) 14.7 10.0 9.7
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