Company research
MEDTRONIC INC
CIK 64670Updated Sep 24, 2026
Filing activity
Latest filing
50 filings on record · S-3ASR, 25-NSE, CERT, 8-A12B, 424B5, FWP.
Recent filings
Financials
FY 2014 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 37,943,000,000Source | 34,841,000,000Source | 33,083,000,000Source | 30,424,000,000Source |
| Property, Plant and Equipment, NetUSD | 2,392,000,000Source | 2,490,000,000Source | 2,473,000,000Source | 2,511,000,000Source |
| GoodwillUSD | 10,593,000,000Source | 10,329,000,000Source | 9,934,000,000Source | 9,537,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,286,000,000Source | 2,673,000,000Source | 2,647,000,000Source | 2,777,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,403,000,000Source | 860,000,000Source | 1,248,000,000Source | 1,382,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,811,000,000Source | 3,727,000,000Source | 3,808,000,000Source | — |
| Inventory, NetUSD | 1,725,000,000Source | 1,712,000,000Source | 1,800,000,000Source | 1,695,000,000Source |
| Assets, CurrentUSD | 21,210,000,000Source | 17,793,000,000Source | 9,515,000,000Source | 9,117,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 697,000,000Source | 744,000,000Source | 675,000,000Source | — |
| Other Assets, NoncurrentUSD | 1,162,000,000Source | 1,324,000,000Source | 305,000,000Source | 362,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 18,500,000,000Source | 16,170,000,000Source | 15,970,000,000Source | 14,456,000,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 100,000,000Source | 102,000,000Source | 104,000,000Source | 107,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 19,940,000,000Source | 19,061,000,000Source | 17,482,000,000Source | 16,085,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -597,000,000Source | -492,000,000Source | -473,000,000Source | -224,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 19,443,000,000Source | 18,671,000,000Source | 17,113,000,000Source | 15,968,000,000Source |
| Liabilities and EquityUSD | 37,943,000,000Source | 34,841,000,000Source | 33,083,000,000Source | 30,424,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 5,559,000,000Source | 3,891,000,000Source | 5,857,000,000Source | 4,714,000,000Source |
| Accounts Payable, CurrentUSD | 742,000,000Source | 622,000,000Source | 565,000,000Source | 511,000,000Source |
| Other Liabilities, NoncurrentUSD | 235,000,000Source | 278,000,000Source | 379,000,000Source | 434,000,000Source |
| Additional Financial Items | ||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | — | 97,000,000Source | 130,000,000Source | — |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | — | 852,000,000Source | -834,000,000Source | — |
| Deferred Tax Liabilities, NetUSD | 1,031,000,000Source | 1,208,000,000Source | 1,176,000,000Source | 969,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 1,601,000,000Source | 564,000,000Source | 2,227,000,000Source | 34,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 10,264,000,000Source | 9,530,000,000Source | 7,090,000,000Source | 8,096,000,000Source |
| Short-term InvestmentsUSD | 12,838,000,000Source | 10,211,000,000Source | 1,344,000,000Source | — |
cash flow · annual statements
| Line item | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 850,000,000Source | 819,000,000Source | 833,000,000Source | 804,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 145,000,000Source | 152,000,000Source | 161,000,000Source | 198,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 39,000,000Source | -93,000,000Source | 185,000,000Source | 101,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | -140,000,000Source | 56,000,000Source | -165,000,000Source | 59,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 4,959,000,000Source | 4,883,000,000Source | 4,470,000,000Source | 3,741,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 385,000,000Source | 820,000,000Source | 556,000,000Source | 1,332,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,594,000,000Source | -3,101,000,000Source | -2,651,000,000Source | -1,815,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 29,000,000Source | 14,000,000Source | 6,000,000Source | 129,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 396,000,000Source | 457,000,000Source | 484,000,000Source | 501,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 2,553,000,000Source | 1,247,000,000Source | 1,440,000,000Source | 1,140,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -918,000,000Source | -2,101,000,000Source | -1,882,000,000Source | -2,006,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 1,116,000,000Source | 1,055,000,000Source | 1,021,000,000Source | 969,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 14,000,000Source | -22,000,000Source | — | — |
| Repayments of Long-term DebtUSD | 565,000,000Source | 2,214,000,000Source | 24,000,000Source | 2,603,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 521,000,000Source | 537,000,000Source | 454,000,000Source | 826,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 145,000,000Source | 152,000,000Source | 161,000,000Source | 198,000,000Source |
| Amortization of Intangible AssetsUSD | 349,000,000Source | 331,000,000Source | 335,000,000Source | — |
| DepreciationUSD | 501,000,000Source | 488,000,000Source | 498,000,000Source | 464,000,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 0Source | 0Source | 204,000,000Source | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 0Source | 0Source | 32,000,000Source | — |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | — | — | 92,000,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | -245,000,000Source | -90,000,000Source | — |
| GoodwillUSD | 10,593,000,000Source | 10,329,000,000Source | 9,934,000,000Source | 9,537,000,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | 28,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 3,065,000,000Source | 3,467,000,000Source | 3,415,000,000Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 202,000,000Source | — |
| Income Tax Expense (Benefit)USD | 640,000,000Source | 784,000,000Source | 730,000,000Source | 627,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 3,065,000,000Source | 3,467,000,000Source | 3,617,000,000Source | 3,096,000,000Source |
| Nonoperating Income (Expense)USD | -181,000,000Source | -108,000,000Source | -364,000,000Source | -459,000,000Source |
| Payments to Acquire InvestmentsUSD | 10,895,000,000Source | 12,321,000,000Source | 8,080,000,000Source | 6,249,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 1,994,000,000Source | 2,980,000,000Source | 1,210,000,000Source | 1,000,000,000Source |
| Proceeds from Stock Options ExercisedUSD | — | 230,000,000Source | 43,000,000Source | 21,000,000Source |
income statement · annual statements
| Line item | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|
| Total RevenueUSD | 17,005,000,000Source | 16,590,000,000Source | 16,184,000,000Source | 15,933,000,000Source |
| Cost of RevenueUSD | 4,333,000,000Source | 4,126,000,000Source | 3,889,000,000Source | 3,912,000,000Source |
| Selling, General and Administrative ExpenseUSD | 5,847,000,000Source | 5,698,000,000Source | 5,623,000,000Source | 5,533,000,000Source |
| Income Tax Expense (Benefit)USD | 640,000,000Source | 784,000,000Source | 730,000,000Source | 627,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 3,065,000,000Source | 3,467,000,000Source | 3,617,000,000Source | 3,096,000,000Source |
| Earnings Per Share, BasicUSD per share | 3.06Source | 3.4Source | 3.43Source | 2.87Source |
| Earnings Per Share, DilutedUSD per share | 3.02Source | 3.37Source | 3.41Source | 2.86Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,002,100,000Source | 1,019,300,000Source | 1,053,900,000Source | 1,077,400,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,013,600,000Source | 1,027,500,000Source | 1,059,900,000Source | 1,081,700,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 349,000,000Source | 331,000,000Source | 335,000,000Source | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.12Source | 1.04Source | 0.97Source | 0.9Source |
| Current Income Tax Expense (Benefit)USD | 780,000,000Source | 728,000,000Source | 895,000,000Source | 568,000,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 0Source | 0Source | 32,000,000Source | — |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | — | — | 92,000,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | -245,000,000Source | -90,000,000Source | — |
| Gross ProfitUSD | 12,672,000,000Source | 12,464,000,000Source | 12,295,000,000Source | 12,021,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,690,000,000Source | 1,806,000,000Source | 1,620,000,000Source | 1,447,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 3,065,000,000Source | 3,467,000,000Source | 3,415,000,000Source | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 3.06Source | 3.4Source | 3.24Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 3.02Source | 3.37Source | 3.22Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 202,000,000Source | — |
| Nonoperating Income (Expense)USD | -181,000,000Source | -108,000,000Source | -364,000,000Source | -459,000,000Source |