Medtronic plc (MDT)

Medtronic Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 23, 2026	Apr 25, 2025	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022	Apr 30, 2021
Net Income	4,613	4,662	3,676	3,758	5,039	3,606
Depreciation & Amortization	2,931	2,710	2,647	2,697	2,707	2,702
Asset Writedown & Restructuring Costs	151	151	371	61	457	-
Stock-Based Compensation	451	429	393	355	359	344
Provision & Write-off of Bad Debts	129	123	90	73	58	128
Other Operating Activities	427	23	94	62	-385	161
Change in Accounts Receivable	-162	-433	-391	-576	-477	-761
Change in Inventory	-617	-292	-139	-939	-560	78
Change in Accounts Payable	289	209	391	696	213	531
Change in Other Net Operating Assets	-927	-538	-345	-148	-65	-549
Operating Cash Flow	7,285	7,044	6,787	6,039	7,346	6,240
Operating Cash Flow Growth	-0.11%	3.79%	12.39%	-17.79%	17.72%	-13.74%
Capital Expenditures	-1,875	-1,859	-1,587	-1,459	-1,368	-1,355
Cash Acquisitions	-	-98	-211	-1,867	-91	-994
Investment in Securities	-483	269	-307	-171	-190	-463
Other Investing Activities	-149	-249	-261	4	-10	-54
Investing Cash Flow	-2,507	-1,937	-2,366	-3,493	-1,659	-2,866
Short-Term Debt Issued	-	-	1,073	2,284	-	2,789
Long-Term Debt Issued	-	3,209	-	5,409	-	7,172
Total Debt Issued	1,920	3,209	1,073	7,693	-	9,961
Short-Term Debt Repaid	-	-1,070	-	-2,279	-	-3,164
Long-Term Debt Repaid	-	-	-	-6,012	-1	-7,367
Total Debt Repaid	-2,930	-1,070	-	-8,291	-1	-10,531
Net Debt Issued (Repaid)	-1,010	2,139	1,073	-598	-1	-570
Issuance of Common Stock	527	508	284	308	429	474
Repurchase of Common Stock	-874	-3,235	-2,138	-645	-2,544	-652
Common Dividends Paid	-3,628	-3,589	-3,666	-3,616	-3,383	-3,120
Other Financing Activities	-221	-184	-3	-409	163	-268
Financing Cash Flow	-5,206	-4,361	-4,450	-4,960	-5,336	-4,136
Foreign Exchange Rate Adjustments	335	188	-230	243	-231	215
Miscellaneous Cash Flow Adjustments	-	-	-	-	1	-
Net Cash Flow	-93	934	-259	-2,171	121	-547
Free Cash Flow	5,410	5,185	5,200	4,580	5,978	4,885
Free Cash Flow Growth	-1.04%	-0.29%	13.54%	-23.39%	22.38%	-18.87%
Free Cash Flow Margin	15.25%	15.46%	16.07%	14.67%	18.87%	16.22%
Free Cash Flow Per Share	4.20	4.02	3.91	3.44	4.42	3.61
Cash Interest Paid	768	762	826	606	540	582
Cash Income Tax Paid	1,902	1,819	1,622	1,548	996	1,250
Levered Free Cash Flow	-	4,206	5,447	10,059	-1,164	4,787
Unlevered Free Cash Flow	-	4,662	5,896	10,424	-818.63	5,365
Change in Working Capital	-1,417	-1,054	-484	-967	-889	-701

Updated Feb 17, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q