10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MEDTRONIC PLC | |||
Ticker: MDT Fiscal Year: 2017 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Apr 28, 2017 10-K (Filed: June 27, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Apr 28, 2017 | Apr 29, 2016 | Apr 24, 2015 | |
| Cash and Cash Equivalents, Period Increase (Decrease) [Abstract] | |||
| Operating Activities: | |||
| Net income | $ 4,024 | 3,538 | 2,675 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,917 | 2,820 | 1,306 |
| Amortization of debt discount and issuance costs | 11 | 29 | 76 |
| Acquisition-related items | (46) | 218 | 634 |
| Provision for doubtful accounts | 39 | 49 | 35 |
| Deferred income taxes | (459) | (460) | (926) |
| Stock-based compensation | 348 | 375 | 439 |
| Loss on debt extinguishment | 0 | 163 | 0 |
| Other, net | (93) | (111) | (134) |
| Change in operating assets and liabilities, net of acquisitions: | |||
| Accounts receivable, net | (75) | (435) | (413) |
| Inventories, net | (227) | (186) | (282) |
| Accounts payable and accrued liabilities | 356 | (379) | 849 |
| Other operating assets and liabilities | 85 | (403) | 643 |
| Net cash provided by operating activities | 6,880 | 5,218 | 4,902 |
| Investing Activities: | |||
| Acquisitions, net of cash acquired | (1,324) | (1,213) | (14,884) |
| Additions to property, plant, and equipment | (1,254) | (1,046) | (571) |
| Purchases of investments | (4,371) | (5,406) | (7,582) |
| Sales and maturities of investments | 5,356 | 9,924 | 5,890 |
| Other investing activities, net | 22 | (14) | 89 |
| Net cash (used in) provided by investing activities | (1,571) | 2,245 | (17,058) |
| Financing Activities: | |||
| Acquisition-related contingent consideration | (69) | (22) | (85) |
| Change in current debt obligations, net | 906 | 7 | (1) |
| Repayment of short-term borrowings (maturities greater than 90 days) | (2) | (139) | (150) |
| Proceeds from short-term borrowings (maturities greater than 90 days) | 12 | 139 | 150 |
| Issuance of long-term debt | 2,140 | 0 | 19,942 |
| Payments on long-term debt | (863) | (5,132) | (1,268) |
| Dividends to shareholders | (2,376) | (2,139) | (1,337) |
| Issuance of ordinary shares | 428 | 491 | 649 |
| Repurchase of ordinary shares | (3,544) | (2,830) | (1,920) |
| Other financing activities | 85 | 82 | (31) |
| Net cash (used in) provided by financing activities | (3,283) | (9,543) | 15,949 |
| Effect of exchange rate changes on cash and cash equivalents | 65 | 113 | (353) |
| Net change in cash and cash equivalents | 2,091 | (1,967) | 3,440 |
| Cash and cash equivalents at beginning of period | 2,876 | 4,843 | |
| Cash and cash equivalents at end of period | 4,967 | 2,876 | 4,843 |
| Supplemental Cash Flow Information | |||
| Cash paid for: | |||
| Income taxes | 1,029 | 1,379 | 632 |
| Interest | 1,134 | 1,266 | 578 |
| External Links | |
| MEDTRONIC PLC (MDT) Fiscal Year 2017 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |