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: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Apr 29, 2022 10-K (Filed: June 23, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Apr 29, 2022 | Apr 30, 2021 | Apr 24, 2020 | |
| Operating Activities: | |||
| Net income | $ 5,062 | 3,630 | 4,806 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,707 | 2,702 | 2,663 |
| Provision for credit losses | 58 | 128 | 99 |
| Deferred income taxes | (604) | (422) | (1,315) |
| Stock-based compensation | 359 | 344 | 297 |
| Loss on debt extinguishment | 0 | 308 | 406 |
| Asset impairment charges | 515 | 0 | 0 |
| Other, net | 138 | 251 | 217 |
| Change in operating assets and liabilities, net of acquisitions and divestitures: | |||
| Accounts receivable, net | (477) | (761) | 1,291 |
| Inventories, net | (560) | 78 | (577) |
| Accounts payable and accrued liabilities | 213 | 531 | (44) |
| Other operating assets and liabilities | (65) | (549) | (609) |
| Net cash provided by operating activities | 7,346 | 6,240 | 7,234 |
| Investing Activities: | |||
| Acquisitions, net of cash acquired | (91) | (994) | (488) |
| Additions to property, plant, and equipment | (1,368) | (1,355) | (1,213) |
| Purchases of investments | (9,882) | (11,808) | (11,039) |
| Sales and maturities of investments | 9,692 | 11,345 | 9,574 |
| Other investing activities, net | (10) | (54) | (37) |
| Net cash used in investing activities | (1,659) | (2,866) | (3,203) |
| Financing Activities: | |||
| Change in current debt obligations, net | 0 | (311) | (17) |
| Proceeds from short-term borrowings (maturities greater than 90 days) | 0 | 2,789 | 0 |
| Repayments from short-term borrowings (maturities greater than 90 days) | 0 | (2,853) | 0 |
| Issuance of long-term debt | 0 | 7,172 | 5,568 |
| Payments on long-term debt | (1) | (7,367) | (6,110) |
| Dividends to shareholders | (3,383) | (3,120) | (2,894) |
| Issuance of ordinary shares | 429 | 474 | 662 |
| Repurchase of ordinary shares | (2,544) | (652) | (1,326) |
| Other financing activities | 163 | (268) | (81) |
| Net cash used in financing activities | (5,336) | (4,136) | (4,198) |
| Effect of exchange rate changes on cash and cash equivalents | (231) | 215 | (86) |
| Net change in cash and cash equivalents | 121 | (547) | (253) |
| Cash and cash equivalents at beginning of period | 3,593 | 4,140 | |
| Cash and cash equivalents at end of period | 3,714 | 3,593 | 4,140 |
| Supplemental Cash Flow Information | |||
| Cash paid for: | |||
| Income taxes | 996 | 1,250 | 878 |
| Interest | 540 | 582 | 643 |
| External Links | |
| MEDTRONIC PLC (MDT) Fiscal Year 2022 | |
| 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 |