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Medtronic MDT Goodwill Additions
Discontinued — last reported Q3 '24
Goodwill Additions at other companies
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Where this comes from
Reported directly by Medtronic in its filing.
Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.
The source filing: Medtronic’s 10-Q, filed February 27, 2024.
- Filed
- Feb 27, 2024
- Fiscal quarter
- Q3 FY2024
- Calendar quarter
- Q1 2024
- Accession
- 0001613103-24-000011
| (in millions) | Cardiovascular | Neuroscience | Medical Surgical | Diabetes | Total |
|---|---|---|---|---|---|
| April 28, 2023 | $7,873 | $11,718 | $19,579 | $2,255 | $41,425 |
| Goodwill as a result of acquisitions | 51 | — | — | — | 51 |
| Purchase accounting adjustments | (5) | — | — | — | (5) |
| Currency translation and other | (13) | (44) | (254) | — | (311) |
| January 26, 2024 | $7,906 | $11,674 | $19,325 | $2,255 | $41,160 |
Item 1. Financial Statements
FAQ
- What is Medtronic's goodwill additions?
- Medtronic (MDT) reported goodwill additions of $27M in Q4 2023.
- What does goodwill additions mean?
- Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.
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