Non-Current Liabilities

Defined Benefit Pension Plan Liabilities (Non-Current)

Medtronic Defined Benefit Pension Plan Liabilities (Non-Current) increased by 0.6% to $1.19B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $1.06B to $1.19B. Over 4 years (FY 2021 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -7.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Feb 24, 2026

How to read this metric

An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.

Detailed definition

This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...

Peer comparison

Standard for mature companies with legacy pension obligations to their workforce.

Metric ID: defined_benefit_plan_liabilities_noncurrent

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.56B$1.52B$1.51B$1.37B$1.11B$1.10B$1.05B$1.10B$1.09B$1.09B$1.02B$1.05B$1.10B$1.11B$1.08B$1.06B$1.16B$1.18B$1.18B$1.19B
QoQ Change-2.3%-1.1%-9.0%-18.7%-1.0%-4.9%+5.2%-0.9%-0.1%-6.6%+2.8%+5.0%+0.5%-2.1%-1.9%+8.9%+1.8%+0.4%+0.6%
YoY Change-28.5%-27.5%-30.4%-19.4%-1.8%-0.9%-2.7%-4.9%+0.7%+1.4%+6.3%+1.3%+5.2%+6.5%+9.2%+12.0%
Range$1.02B$1.56B
CAGR-5.5%
Avg YoY Growth-4.6%
Median YoY Growth-0.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is Medtronic's defined benefit pension plan liabilities (non-current)?
Medtronic (MDT) reported defined benefit pension plan liabilities (non-current) of $1.19B in Q4 2025.
How has Medtronic's defined benefit pension plan liabilities (non-current) changed year-over-year?
Medtronic's defined benefit pension plan liabilities (non-current) increased by 12.0% year-over-year, from $1.06B to $1.19B.
What is the long-term trend for Medtronic's defined benefit pension plan liabilities (non-current)?
Over 4 years (2021 to 2025), Medtronic's defined benefit pension plan liabilities (non-current) has grown at a -7.1% compound annual growth rate (CAGR), from $1.56B to $1.16B.
What does defined benefit pension plan liabilities (non-current) mean?
The long-term shortfall in funding for company-sponsored pension plans.