Retirement and nonpension postretirement benefit obligations
Medtronic Retirement and nonpension postretirement benefit obligations 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), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -7.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.
Detailed definition
This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...
Peer comparison
Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.
non_current_liabilities_pension_and_other_postretirement_0d4947Historical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '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% |
Retirement and nonpension postretirement benefit obligations at Other Companies
Frequently Asked Questions
- What is Medtronic's retirement and nonpension postretirement benefit obligations?
- Medtronic (MDT) reported retirement and nonpension postretirement benefit obligations of $1.19B in Q4 2025.
- How has Medtronic's retirement and nonpension postretirement benefit obligations changed year-over-year?
- Medtronic's retirement and nonpension postretirement benefit obligations increased by 12.0% year-over-year, from $1.06B to $1.19B.
- What is the long-term trend for Medtronic's retirement and nonpension postretirement benefit obligations?
- Over 4 years (2021 to 2025), Medtronic's retirement and nonpension postretirement benefit obligations has grown at a -7.1% compound annual growth rate (CAGR), from $1.56B to $1.16B.
- What does retirement and nonpension postretirement benefit obligations mean?
- Long-term obligations for employee pension and retirement benefits.