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: 2020 | |||
Consolidated Statements of Income | |||
Period Ending Apr 24, 2020 10-K (Filed: June 19, 2020) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Apr 24, 2020 | Apr 26, 2019 | Apr 27, 2018 | |
| Net sales | $ 28,913 | 30,557 | 29,953 |
| Costs and expenses: | |||
| Cost of products sold | 9,424 | 9,155 | 9,067 |
| Research and development expense | 2,331 | 2,330 | 2,256 |
| Selling, general, and administrative expense | 10,109 | 10,418 | 10,238 |
| Amortization of intangible assets | 1,756 | 1,764 | 1,823 |
| Restructuring charges, net | 118 | 198 | 30 |
| Certain litigation charges | 313 | 166 | 61 |
| Gain on sale of businesses | 0 | 0 | (697) |
| Other operating expense, net | 71 | 258 | 535 |
| Operating profit | 4,791 | 6,268 | 6,640 |
| Other non-operating income, net | (356) | (373) | (181) |
| Interest expense | 1,092 | 1,444 | 1,146 |
| Income before income taxes | 4,055 | 5,197 | 5,675 |
| Income tax (benefit) provision | (751) | 547 | 2,580 |
| Net income | 4,806 | 4,650 | 3,095 |
| Net (income) loss attributable to noncontrolling interests | (17) | (19) | 9 |
| Net income attributable to Medtronic | 4,789 | 4,631 | 3,104 |
| Basic earnings per share (in dollars per share) | 3.57 | 3.44 | 2.29 |
| Diluted earnings per share (in dollars per share) | 3.54 | 3.41 | 2.27 |
| Basic weighted average shares outstanding (in shares) | 1,340,700 | 1,346,400 | 1,356,700 |
| Diluted weighted average shares outstanding (in shares) | 1,351,100 | 1,357,500 | 1,368,200 |
| External Links | |
| MEDTRONIC PLC (MDT) Fiscal Year 2020 | |
| 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 |