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 30, 2021, April 24, 2020, and April 26, 2019. | |||||
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 30, 2021 | $ | 208 | $ | 128 | $ | — | $ | (95) | (a) | $ | 241 | ||||||||||||||||||
| Fiscal year ended April 24, 2020 | 190 | 99 | — | (81) | (a) | 208 | |||||||||||||||||||||||
| Fiscal year ended April 26, 2019 | 193 | 78 | — | (81) | (a) | 190 | |||||||||||||||||||||||
| Inventory reserve: | |||||||||||||||||||||||||||||
| Fiscal year ended April 30, 2021 | $ | 544 | $ | 483 | $ | — | $ | (398) | (b) | $ | 629 | ||||||||||||||||||
| Fiscal year ended April 24, 2020 | 521 | 282 | — | (259) | (b) | 544 | |||||||||||||||||||||||
| Fiscal year ended April 26, 2019 | 452 | 224 | — | (155) | (b) | 521 | |||||||||||||||||||||||
| Deferred tax valuation allowance: | |||||||||||||||||||||||||||||
| Fiscal year ended April 30, 2021 | $ | 5,482 | $ | 342 | $ | 170 | (e) | $ | (172) | (d) | $ | 5,822 | |||||||||||||||||
| 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) |
| (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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