Non-Current Liabilities

Medtronic·Balance Sheet Statement·15 metrics

Breakdown

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Total liabilities	$39.6B	$41.6B	$41.3B	$40.4B	$43.4B	$42.8B	$42.5B	$42.3B
Long-term debt	$23.9B	$26.3B	$24.6B	$24B	$25.6B	$26.2B	$27.7B	$27.9B
Long-Term Debt and Finance Lease Obligations	$23.9B	$26.3B	$24.6B	$24B	$25.6B	$26.2B	$27.7B	$27.9B
Unrecognized Tax Benefits	$2.8B	$2.8B	$2.9B	$2.9B	$2.9B	$2.9B	$2.9B	$2.9B
Unrecognized Tax Benefits - Impacting Effective Tax Rate	—	$2.7B	$2.7B	$2.7B	—	$2.7B	$2.7B	$2.7B
Liability For Uncertain Tax Positions Noncurrent	—	—	$2B	—	$1.9B	—	—	$2B
Other non-current liabilities	$1.4B	$1.5B	$1.5B	$1.5B	$1.8B	$1.8B	$1.8B	$1.8B
Debt Maturity - Over 10 Years	—	$1.1B	$1.1B	$1.2B	—	$1.3B	$1.4B	$1.4B
Defined Benefit Pension Plan Liabilities (Non-Current)	$1.1B	$1.1B	$1.1B	$1.1B	$1.2B	$1.2B	$1.2B	$1.2B
Retirement and nonpension postretirement benefit obligations	$1.1B	$1.1B	$1.1B	$1.1B	$1.2B	$1.2B	$1.2B	$1.2B
Debt Maturity - 5 to 10 Years	—	$681M	$749M	$778M	—	$1.1B	$1.2B	$1.2B
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$110M	$129M	$125M	$121M	$117M	$113M	$122M	$118M
Finance lease liabilities	$55M	$52M	$50M	$50M	$52M	$51M	$55M	$58M
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	—	—	$45M	$63M	$74M	$99M	$50M	$36M
Secured Borrowings Cash Right to Reclaim	—	—	—	—	$125M	—	—	—