Item 15. Exhibits and Financial Statement Schedules
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Item 15. Exhibits and Financial Statement Schedules
| (a) | 1. Financial Statement Schedules |
| Schedule II. Valuation and Qualifying Accounts — years ended April 26, 2019, April 27, 2018, and April 28, 2017. | |
| All other schedules are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto. | |
| 2. Exhibits |
| *Exhibits that are management contracts or compensatory plans or arrangements. | ||
| #Filed herewith |
MEDTRONIC PLC AND SUBSIDIARIES
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
(in millions)
| Additions | Deductions | ||||||||||||||||||
| Balance at Beginning of Fiscal Year | Charges to Income | Charges to Other Accounts | Other Changes (Debit) Credit | Balance at End of Fiscal Year | |||||||||||||||
| Allowance for doubtful accounts: | |||||||||||||||||||
| Fiscal year ended April 26, 2019 | $ | 193 | $ | 78 | $ | — | $ | (81 | ) | (a) | $ | 190 | |||||||
| Fiscal year ended April 27, 2018 | 155 | 52 | — | (14 | ) | (a) | 193 | ||||||||||||
| Fiscal year ended April 28, 2017 | 161 | 39 | — | (45 | ) | (a) | 155 | ||||||||||||
| Inventory reserve: | |||||||||||||||||||
| Fiscal year ended April 26, 2019 | $ | 452 | $ | 224 | $ | — | $ | (155 | ) | (b) | $ | 521 | |||||||
| Fiscal year ended April 27, 2018 | 443 | 170 | — | (161 | ) | (b) | 452 | ||||||||||||
| Fiscal year ended April 28, 2017 | 426 | 155 | 28 | (166 | ) | (b) | 443 | ||||||||||||
| Deferred tax valuation allowance: | |||||||||||||||||||
| Fiscal year ended April 26, 2019 | $ | 7,166 | $ | 378 | $ | (11 | ) | (c) | $ | (770 | ) | (d) | $ | 6,300 | |||||
| (463 | ) | (e) | |||||||||||||||||
| Fiscal year ended April 27, 2018 | 6,311 | 434 | 21 | (c) | (171 | ) | (d) | 7,166 | |||||||||||
| 571 | (e) | ||||||||||||||||||
| Fiscal year ended April 28, 2017 | 7,032 | 101 | 6 | (c) | (524 | ) | (d) | 6,311 | |||||||||||
| (304 | ) | (e) |
| (a) Primarily consists of uncollectible accounts written off, less recoveries. | |
| (b) Primarily reflects utilization of the inventory reserve. | |
| (c) Reflects the impact from acquisitions. | |
| (d) Reflects carryover attribute utilization and expiration. | |
| (e) Primarily reflects the effects of currency fluctuations. |
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