← Medtronic plc

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Accounts receivable, less allowance for credit losses of $190 and $199, respectively $5.6b $6.0b $6.2b $4.6b $5.5b $5.6b $6.0b $6.1b $6.5b $6.6b
Cash and Cash Equivalents, at Carrying Value $5.0b $3.7b $4.4b $4.1b $3.6b $3.7b $1.5b $1.3b $2.2b $1.9b
Other current assets $1.9b $2.2b $2.1b $2.2b $2.0b $2.3b $2.4b $2.6b $2.9b $3.0b
Prepaid Expense and Other Assets, Current $1.9b — — — — — — — — —
Inventory, Net $3.3b $3.6b $3.8b $4.2b $4.3b $4.6b $5.3b $5.2b $5.5b $6.0b
Assets, Current $24.9b $23.0b $22.0b $22.0b $22.5b $23.1b $21.7b $21.9b $23.8b $24.8b
Total current assets $24.9b $23.0b $22.0b $22.0b $22.5b $23.1b $21.7b $21.9b $23.8b $24.8b
Property, Plant and Equipment, Net $4.4b $4.6b $4.7b $4.8b $5.2b $5.4b $5.6b $6.1b $6.8b $7.4b
Goodwill $38.5b $39.5b $40.0b $39.8b $42.0b $40.5b $41.4b $41.0b $41.7b $42.6b
Intangible Assets, Net (Excluding Goodwill) $23.4b $21.7b $20.6b $19.1b $17.7b $15.6b $14.8b $13.2b $11.7b $10.1b
Other intangible assets, net $23.4b $21.7b $20.6b $19.1b $17.7b $15.6b $14.8b $13.2b $11.7b $10.1b
Operating Lease, Right-of-Use Asset — — — $927.0m $998.0m $854.0m $1.0b $1.0b $1.1b $1.2b
Other Assets, Noncurrent $1.2b $1.1b $1.0b $2.1b $2.4b $3.0b $4.0b $4.0b $3.6b $4.1b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $5.6b $6.0b $6.2b $4.6b $5.5b $5.6b $6.0b $6.1b $6.5b $6.6b
Current debt obligations $7.5b $2.1b $838.0m $2.8b $11.0m $3.7b $20.0m $1.1b $2.9b $1.8b
Investments $8.7b $7.6b $5.5b $6.8b $7.2b $6.9b $6.4b $6.7b $6.7b $7.3b
Ordinary shares— par value $0.0001, 2.6 billion shares authorized, 1,280,177,293 and 1,281,934,628 shares issued and outstanding, respectively 0 0 0 0 0 0 0 0 0 0
Tax assets $1.5b $1.5b $1.5b $2.8b $3.2b $3.4b $3.5b $3.7b $4.0b $3.9b
Total equity $50.4b $50.8b $50.2b $50.9b $51.6b $52.7b $51.7b $50.4b $48.3b $50.1b
Total shareholders’ equity $50.3b $50.7b $50.1b $50.7b $51.4b $52.6b $51.5b $50.2b $48.0b $49.5b
Assets $99.8b $91.4b $89.7b $90.7b $93.1b $91.0b $90.9b $90.0b $91.7b $93.0b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $1.7b $1.6b $2.0b $2.0b $2.1b $2.3b $2.7b $2.4b $2.4b $2.6b
Accrued compensation $1.9b $2.0b $2.2b $2.1b $2.5b $2.1b $1.9b $2.4b $2.5b $2.7b
Accrued compensation and retirement benefits $1.6b $1.4b $1.7b $1.9b $1.6b $1.1b $1.1b $1.1b $1.2b $1.2b
Accrued income taxes $2.4b $3.1b $2.8b $2.7b $2.3b $2.1b $2.4b $1.9b $1.6b $1.5b
Long-term Debt, Current Maturities $7.5b $2.1b $838.0m $2.8b — — — — — —
Long-term Debt, Excluding Current Maturities $25.9b $23.7b $24.6b $22.1b $26.4b $20.4b $24.3b $23.9b $25.6b $26.2b
Operating Lease, Liability, Current — — — $171.0m $186.0m $167.0m $180.0m $183.0m $192.0m $198.0m
Operating Lease, Liability, Noncurrent — — — $774.0m $829.0m $703.0m $869.0m $840.0m $918.0m $989.0m
Other accrued expenses $2.4b $3.4b $2.9b $3.0b $3.5b $3.6b $3.6b $3.6b $3.7b $3.6b
Liabilities, Current $14.2b $10.1b $8.5b $10.4b $8.5b $12.4b $9.1b $10.8b $12.9b $11.7b
Total current liabilities $14.2b $10.1b $8.5b $10.4b $8.5b $12.4b $9.1b $10.8b $12.9b $11.7b
Deferred Income Tax Liabilities, Net $3.0b $1.4b $1.3b $1.2b $1.0b $884.0m $708.0m $515.0m $403.0m $362.0m
Other Liabilities, Noncurrent $1.5b $889.0m $757.0m $1.7b $1.8b $1.4b $1.7b $1.4b $1.8b $2.1b
Deferred Tax Liabilities, Net $1.6b $1.4b $1.3b $1.2b $1.0b $884.0m $708.0m $515.0m $403.0m $362.0m
Liabilities $49.4b $40.6b $39.5b $39.8b $41.5b $38.3b $39.3b $39.6b $43.4b $43.0b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($2.6b) ($1.8b) ($2.7b) ($3.6b) ($3.5b) ($2.3b) ($3.5b) ($3.3b) ($4.3b) ($4.1b)
Accumulated other comprehensive loss ($2.6b) ($1.8b) ($2.7b) ($3.6b) ($3.5b) ($2.3b) ($3.5b) ($3.3b) ($4.3b) ($4.1b)
Additional Paid in Capital $29.6b $28.1b $26.5b $26.2b $26.3b $24.6b $24.6b $23.1b $20.8b $20.9b
Common Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Retained Earnings (Accumulated Deficit) $23.4b $24.4b $26.3b $28.1b $28.6b $30.2b $30.4b $30.4b $31.5b $32.6b
Stockholders' Equity Attributable to Parent $50.3b $50.7b $50.1b $50.7b $51.4b $52.6b $51.5b $50.2b $48.0b $49.5b
Noncontrolling interests $122.0m $102.0m $121.0m $135.0m $174.0m $171.0m $182.0m $206.0m $232.0m $609.0m
Stockholders' Equity Attributable to Noncontrolling Interest $122.0m $102.0m $121.0m $135.0m $174.0m $171.0m $182.0m $206.0m $232.0m $609.0m
Liabilities and Equity $99.8b $91.4b $89.7b $90.7b $93.1b $91.0b $90.9b $90.0b $91.7b $93.0b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.