Medtronic plc (ETR: 2M6)

Medtronic Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 25, 2024	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022	Apr 30, 2021	Apr 24, 2020
Cash & Equivalents	1,394	1,284	1,543	3,714	3,593	4,140
Short-Term Investments	6,595	6,721	6,416	6,859	7,224	6,808
Trading Asset Securities	-	-	-	-	-	3
Cash & Short-Term Investments	7,989	8,005	7,959	10,573	10,817	10,951
Cash Growth	3.30%	0.58%	-24.72%	-2.26%	-1.22%	11.13%
Accounts Receivable	6,260	6,128	5,998	5,552	5,462	4,645
Other Receivables	-	-	-	2,098	-	-
Receivables	6,260	6,128	5,998	7,650	5,462	4,645
Inventory	5,479	5,217	5,293	4,616	4,313	4,229
Other Current Assets	2,710	1,755	1,540	695	1,200	1,426
Total Current Assets	22,438	21,935	21,675	27,702	22,548	22,031
Property, Plant & Equipment	6,438	7,143	6,610	6,267	6,219	5,755
Long-Term Investments	33	1,315	1,640	915	720	513
Goodwill	41,161	40,986	41,425	40,502	41,961	39,841
Other Intangible Assets	12,423	13,225	14,844	15,595	17,740	19,063
Long-Term Deferred Tax Assets	3,572	3,657	3,477	-	3,169	2,832
Other Long-Term Assets	3,977	1,720	1,277	-	726	654
Total Assets	90,042	89,981	90,948	90,981	93,083	90,689
Accounts Payable	2,376	2,410	2,662	2,276	2,106	1,996
Accrued Expenses	4,619	5,277	4,883	2,094	5,216	4,556
Short-Term Debt	899	1,086	13	12	2	325
Current Portion of Long-Term Debt	2,820	-	-	3,724	-	2,446
Current Portion of Leases	-	189	187	173	195	176
Current Income Taxes Payable	947	1,330	840	704	435	502
Current Unearned Revenue	369	352	314	305	276	213
Other Current Liabilities	165	145	152	1,535	279	152
Total Current Liabilities	12,195	10,789	9,051	10,823	8,509	10,366
Long-Term Debt	24,557	23,877	24,287	20,316	26,316	21,976
Long-Term Leases	50	895	926	759	891	819
Long-Term Unearned Revenue	98	101	91	94	93	90
Long-Term Deferred Tax Liabilities	473	515	708	884	1,028	1,174
Other Long-Term Liabilities	3,953	2,919	3,742	4,284	4,644	5,392
Total Liabilities	41,326	39,561	39,283	38,259	41,481	39,817
Additional Paid-In Capital	20,824	23,129	24,590	37,967	26,319	26,165
Retained Earnings	30,919	30,403	30,392	16,849	28,594	28,132
Comprehensive Income & Other	-3,249	-3,318	-3,499	-2,265	-3,485	-3,560
Total Common Equity	48,494	50,214	51,483	52,551	51,428	50,737
Minority Interest	222	206	182	171	174	135
Shareholders' Equity	48,716	50,420	51,665	52,722	51,602	50,872
Total Liabilities & Equity	90,042	89,981	90,948	90,981	93,083	90,689
Total Debt	28,326	26,047	25,413	24,984	27,404	25,742
Net Cash (Debt)	-20,337	-18,014	-17,339	-14,347	-16,513	-14,773
Net Cash Per Share	-15.52	-13.54	-13.01	-10.62	-12.20	-10.93
Filing Date Shares Outstanding	1,282	1,282	1,330	1,329	1,344	1,341
Total Common Shares Outstanding	1,283	1,311	1,331	1,331	1,345	1,341
Working Capital	10,243	11,146	12,624	16,879	14,039	11,665
Book Value Per Share	37.81	38.29	38.69	39.49	38.23	37.83
Tangible Book Value	-5,090	-3,997	-4,786	-3,546	-8,273	-8,167
Tangible Book Value Per Share	-3.97	-3.05	-3.60	-2.66	-6.15	-6.09
Land	-	159	162	170	178	175
Buildings	-	2,506	2,487	2,351	2,370	2,277
Machinery	-	6,397	6,707	6,490	6,308	5,859
Construction In Progress	-	2,119	1,754	1,737	1,498	1,202

Source: S&P Capital IQ. Standard template. Financial Sources.