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Medtronic MDT Other Non-Current Liabilities

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Other financials

Income statement

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Revenue$9.8B+9.9%
Gross profit$6.4B+10.9%
Operating income$1.9B+30.4%
Net income$1.2B+17.8%
EPS (diluted)$0.97+18.3%

Balance sheet

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Cash & equivalents$1.9B-12.1%
Total debt$29.2B-1.6%
Total equity$49.5B+3.0%
Total assets$93.0B+1.5%

Cash flow

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Operating cash flow$2.6B+1.8%
CapEx$488.0M+6.3%
Free cash flow$2.1B+0.8%

Valuation

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Market cap$109.98B-3.9%
Enterprise value$137.24B-3.3%
P/E22.9×-1.7×
P/S-0.3×

Profitability

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Gross margin65%-0.3pp
Operating margin17.8%0.0pp
Net margin13.2%-0.7pp
FCF margin14.9%-0.5pp

Returns & leverage

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Return on equity9.8%+0.4pp
Debt / equity0.6×0.0×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Medtronic in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesNoncurrent.

The source filing: Medtronic’s 10-K, filed June 18, 2026.

Filed
Jun 18, 2026, 4:27 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-044354
(in millions, except share amounts)April 24, 2026April 25, 2025
Accrued compensation and retirement benefits1,1931,158
Accrued income taxes1,5151,574
Deferred tax liabilities362403
Other liabilities2,0551,769
Total liabilities42,95643,424
Commitments and contingencies (Notes 3, 16, and 18)
Shareholders’ equity:
Ordinary shares— par value $0.0001, 2.6 billion shares authorized, 1,280,177,293 and 1,281,934,628 shares issued and outstanding, respectively

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's other non-current liabilities?
Medtronic (MDT) reported other non-current liabilities of $2.06B in Q1 2026.
How has Medtronic's other non-current liabilities changed year-over-year?
Medtronic's other non-current liabilities increased by 16.2% year-over-year, from $1.77B to $2.06B.
What is the long-term trend for Medtronic's other non-current liabilities?
Over 5 years (2021 to 2026), Medtronic's other non-current liabilities has grown at a 3.2% compound annual growth rate (CAGR), from $1.76B to $2.06B.
What does other non-current liabilities mean?
Miscellaneous long-term obligations not classified in specific categories — pension liabilities, environmental remediation, and other long-term accruals.

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