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 2026, 2025, and 2024. | |||||
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 credit losses: | |||||||||||||||||||||||||||||
| Fiscal year 2026 | $ | 199 | $ | 136 | $ | — | $ | (145) | (a) | $ | 190 | ||||||||||||||||||
| Fiscal year 2025 | 173 | 123 | — | (97) | (a) | 199 | |||||||||||||||||||||||
| Fiscal year 2024 | 176 | 90 | — | (93) | (a) | 173 | |||||||||||||||||||||||
| Deferred tax valuation allowance: | |||||||||||||||||||||||||||||
| Fiscal year 2026 | $ | 12,668 | $ | 177 | $ | 4 | (d) | $ | (511) | (c) | $ | 12,338 | |||||||||||||||||
| Fiscal year 2025 | 13,271 | 151 | 9 | (d) | (195) | (c) | 12,668 | ||||||||||||||||||||||
| (567) | (e) | ||||||||||||||||||||||||||||
| Fiscal year 2024 | 11,311 | 1,522 | 3 | (b) | (108) | (c) | 13,271 | ||||||||||||||||||||||
| 545 | (e) | (2) | (d) |
| (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 |
| #31.1 | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | ||||||||||
| #31.2 | Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | ||||||||||
| #32.1 | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | ||||||||||
| #32.2 | Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | ||||||||||
| #97 | Medtronic plc Policy For The Recovery of Erroneously Awarded Compensation | ||||||||||
| #101.SCH | XBRL Taxonomy Extension Schema Document | ||||||||||
| #101.CAL | XBRL Taxonomy Extension Calculation Linkbase Document | ||||||||||
| #101.DEF | XBRL Taxonomy Extension Definition Linkbase Document | ||||||||||
| #101.LAB | XBRL Taxonomy Extension Label Linkbase Document | ||||||||||
| #101.PRE | XBRL Taxonomy Extension Presentation Linkbase Document | ||||||||||
| #104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |
| *Exhibits that are management contracts or compensatory plans or arrangements. | ||||||||
| #Filed herewith | ||||||||
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