Current Liabilities

Medtronic·Balance Sheet Statement·17 metrics

Breakdown

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Total current liabilities	$10.8B	$10.3B	$12.2B	$11.8B	$12.9B	$11.5B	$9.9B	$9.5B
Other accrued liabilities	$3.6B	$3.6B	$3.3B	$3.5B	$3.7B	$3.6B	$3.2B	$3.5B
Note payable to DIRECTV	$3.6B	$3.6B	$3.3B	$3.5B	$3.7B	$3.6B	$3.2B	$3.5B
Accrued compensation	$2.4B	$1.8B	$1.9B	$2.3B	$2.5B	$2B	$2.1B	$2.6B
Accounts payable	$2.4B	$2.3B	$2.4B	$2.3B	$2.4B	$2.6B	$2.6B	$2.6B
Other current liabilities	—	—	—	—	—	$1.2B	$1.3B	$1.3B
Accrued Income Taxes, Current	$1.3B	$1.1B	$947M	$1.1B	$1.4B	$933M	$650M	$650M
Income taxes payable	$1.3B	$1.1B	$947M	$1.1B	$1.4B	$933M	$650M	$650M
Contract liabilities	$453M	$461M	$467M	$462M	$446M	$442M	$451M	$468M
Deferred revenue	—	$400M	$400M	$400M	—	$400M	$300M	$400M
Derivative Liabilities - Fair Value	$66M	$98M	$110M	$79M	$97M	$523M	$349M	$388M
Accrued Contingent Liabilities	$200M	$300M	$200M	$200M	$400M	$200M	$200M	$200M
Current portion of long-term debt	$1.1B	$1.6B	$3.7B	$2.6B	$2.9B	$2.4B	$1.4B	$191M
Derivative Liabilities - Not Offset Policy Election Deduction	—	—	—	—	$195M	—	—	—
Derivative Liabilities Offset	—	—	—	—	$195M	—	—	—
Derivative liabilities	—	—	—	—	$97M	—	—	—
Finance Lease Liability, Current	$6M	—	—	—	$6M	—	—	—