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 24, 2020, April 26, 2019, and April 27, 2018. | |||||
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 24, 2020 | $ | 190 | $ | 99 | $ | — | $ | (81) | (a) | $ | 208 | ||||||||||||||||||||||||
| Fiscal year ended April 26, 2019 | 193 | 78 | — | (81) | (a) | 190 | |||||||||||||||||||||||||||||
| Fiscal year ended April 27, 2018 | 155 | 52 | — | (14) | (a) | 193 | |||||||||||||||||||||||||||||
| Inventory reserve: | |||||||||||||||||||||||||||||||||||
| Fiscal year ended April 24, 2020 | $ | 521 | $ | 282 | $ | — | $ | (259) | (b) | $ | 544 | ||||||||||||||||||||||||
| Fiscal year ended April 26, 2019 | 452 | 224 | — | (155) | (b) | 521 | |||||||||||||||||||||||||||||
| Fiscal year ended April 27, 2018 | 443 | 170 | — | (161) | (b) | 452 | |||||||||||||||||||||||||||||
| Deferred tax valuation allowance: | |||||||||||||||||||||||||||||||||||
| Fiscal year ended April 24, 2020 | $ | 6,300 | $ | 119 | $ | (6) | (c) | $ | (744) | (d) | $ | 5,482 | |||||||||||||||||||||||
| (187) | (e) | ||||||||||||||||||||||||||||||||||
| 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) |
| (a) Primarily consists of uncollectible accounts written off, less recoveries. | ||||||||
| (b) Primarily reflects utilization of the inventory reserve. | ||||||||
| (c) Reflects the impact from acquisitions and amounts recognized in accumulated other comprehensive income/loss. | ||||||||
| (d) Primarily reflects carryover attribute utilization and expiration. | ||||||||
| (e) Primarily reflects the effects of currency fluctuations. |
| 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 | ||||||||||||||
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