Fortune has named Medtronic to its 2016 "World's Most Admired Companies" list.
Here are four key notes:
1. Fortune develops the "most admired" list by surveying top executives and board members from major corporations around the world, along with financial analysts.
2. Companies are scored in nine areas of financial performance and business management.
3. Medtronic also ranked second in the medical products and equipment industry category of the "most admired" list.
4. Medtronic employs more than 85,000 people worldwide, serving physicians, hospitals and patients in approximately 160 countries.