Item 15. Exhibits and Financial Statement Schedules
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Item 15. Exhibits and Financial Statement Schedules
| (a) | 1. Financial Statement Schedule | ||||
| Schedule II. Valuation and Qualifying Accounts — fiscal years ended April 25, 2025, April 26, 2024, and April 28, 2023. | |||||
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 and credit losses: | |||||||||||||||||||||||||||||
| Fiscal year ended April 25, 2025 | $ | 173 | $ | 123 | $ | — | $ | (97) | (a) | $ | 199 | ||||||||||||||||||
| Fiscal year ended April 26, 2024 | 176 | 90 | — | (93) | (a) | 173 | |||||||||||||||||||||||
| Fiscal year ended April 28, 2023 | 230 | 73 | — | (127) | (a) | 176 | |||||||||||||||||||||||
| Deferred tax valuation allowance: | |||||||||||||||||||||||||||||
| Fiscal year ended April 25, 2025 | $ | 13,271 | $ | 151 | $ | 9 | (d) | $ | (195) | (c) | $ | 12,668 | |||||||||||||||||
| (567) | (e) | ||||||||||||||||||||||||||||
| Fiscal year ended April 26, 2024 | 11,311 | 1,522 | 3 | (b) | (108) | (c) | 13,271 | ||||||||||||||||||||||
| 545 | (e) | (2) | (d) | ||||||||||||||||||||||||||
| Fiscal year ended April 28, 2023 | 6,583 | 4,779 | 39 | (b) | (63) | (c) | 11,311 | ||||||||||||||||||||||
| 1 | (d) | (27) | (e) |
| (a) Primarily consists of uncollectible accounts written off, less recoveries. | |||||
| (b) Reflects the impact from acquisitions. | |||||
| (c) Primarily reflects carryover attribute utilization and expiration. | |||||
| (d) Primarily reflects the effects of currency fluctuations. | |||||
| (e) Primarily reflects the impacts from tax rate changes. |
| 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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