Medtronic plc Files 10-Q for Q2 2025

Ticker: MDT · Form: 10-Q · Filed: 2024-11-26T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, debt, financials

TL;DR

Medtronic's Q2 2025 10-Q is in, showing debt obligations like senior notes due 2025-2028.

AI Summary

Medtronic plc filed its 10-Q for the period ending October 25, 2024, reporting on its financial performance. The filing details various financial instruments and debt obligations, including senior notes due in 2025, 2027, and 2028, with varying interest rates. The company's fiscal year ends on April 25th.

Why It Matters

This filing provides investors with an update on Medtronic's financial health and debt structure, crucial for understanding the company's stability and future investment potential.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.

Key Numbers

Q2 2025 — Fiscal Quarter (Reporting period for the 10-Q)

Key Players & Entities

Medtronic plc (company) — Filer of the 10-Q
2024-10-25 (date) — End of reporting period
2025 (date) — Maturity year for senior notes
2027 (date) — Maturity year for senior notes
2028 (date) — Maturity year for senior notes

FAQ

What is the total amount of senior notes due in 2025?

The filing lists multiple senior notes due in 2025 with varying interest rates (e.g., 0.250%, 0.000%, 2.625%), but the total aggregate amount is not explicitly stated in this excerpt.

What is the interest rate on the senior notes due in 2027?

The filing indicates senior notes due in 2027 with an interest rate of 1.125%.

What is the interest rate on the senior notes due in 2028?

The filing mentions senior notes due in 2028 with an interest rate of 0.375%.

When does Medtronic's fiscal year end?

Medtronic's fiscal year ends on April 25th (0425).

What is the SEC file number for Medtronic?

The SEC file number for Medtronic is 001-36820.

From the Filing

0001613103-24-000165.txt : 20241126 0001613103-24-000165.hdr.sgml : 20241126 20241126161606 ACCESSION NUMBER: 0001613103-24-000165 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 113 CONFORMED PERIOD OF REPORT: 20241025 FILED AS OF DATE: 20241126 DATE AS OF CHANGE: 20241126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Medtronic plc CENTRAL INDEX KEY: 0001613103 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 FISCAL YEAR END: 0425 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36820 FILM NUMBER: 241504013 BUSINESS ADDRESS: STREET 1: BUILDING TWO PARKMORE BUSINESS PARK WEST CITY: GALWAY STATE: L2 ZIP: 1 BUSINESS PHONE: 01135314381700 MAIL ADDRESS: STREET 1: BUILDING TWO PARKMORE BUSINESS PARK WEST CITY: GALWAY STATE: L2 ZIP: 1 FORMER COMPANY: FORMER CONFORMED NAME: Medtronic Ltd DATE OF NAME CHANGE: 20150112 FORMER COMPANY: FORMER CONFORMED NAME: Medtronic Holdings Ltd DATE OF NAME CHANGE: 20140711 FORMER COMPANY: FORMER CONFORMED NAME: Kalani I Ltd DATE OF NAME CHANGE: 20140709 10-Q 1 mdt-20241025.htm 10-Q mdt-20241025 0001613103 4/25 false Q2 2025 H91 VY19 P6Y P6Y P3Y P3Y P5Y P5Y P8Y P8Y P5Y P5Y P6Y P6Y P8Y P8Y P5Y P5Y P12Y P12Y P12Y P12Y P9Y P9Y P12Y P12Y P10Y P10Y P12Y P12Y P20Y P20Y P12Y P12Y P30Y P30Y P20Y P20Y P30Y P30Y P20Y P20Y P30Y P30Y P20Y P20Y P30Y P30Y P30Y P30Y P19Y P19Y P30Y P30Y P30Y P30Y P30Y P30Y P30Y P30Y P29Y P29Y 295 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure mdt:tranche iso4217:EUR iso4217:JPY mdt:plaintiff mdt:claim mdt:lawsuit mdt:segment 0001613103 2024-04-27 2024-10-25 0001613103 mdt:A0.250SeniorNotesDue2025Member 2024-04-27 2024-10-25 0001613103 mdt:A0.000SeniorNotesDue2025Member 2024-04-27 2024-10-25 0001613103 mdt:A2.625SeniorNotesDue2025Member 2024-04-27 2024-10-25 0001613103 mdt:A1.125SeniorNotesDue2027Member 2024-04-27 2024-10-25 0001613103 mdt:A0.375SeniorNotesDue2028Member 2024-04-27 2024-10-25 0001613103 mdt:A3.000SeniorNotesDue2028Member 2024-04-27 2024-10-25 0001613103 mdt:A3.650SeniorNotesDue2029Member 2024-04-27 2024-10-25 0001613103 mdt:A1.625SeniorNotesDue2031Member 2024-04-27 2024-10-25 0001613103 mdt:A1.000SeniorNotesDue2031Member 2024-04-27 2024-10-25 0001613103 mdt:A3.125SeniorNotesDue2031Member 2024-04-27 2024-10-25 0001613103 mdt:A0.750SeniorNotesDue2032Member 2024-04-27 2024-10-25 0001613103 mdt:A3.375SeniorNotesDue2034Member 2024-04-27 2024-10-25 0001613103 mdt:A3.875SeniorNotesDue2036Member 2024-04-27 2024-10-25 0001613103 mdt:A2.250SeniorNotesDue2039Member 2024-04-27 2024-10-25 0001613103 mdt:A1.500SeniorNotesDue2039Member 2024-04-27 2024-10-25 0001613103 mdt:A1.375SeniorNotesDue2040Member 2024-04-27 2024-10-25 0001613103 mdt:A4.150SeniorNotesDue2043Member 2024-04-27 2024-10-25 0001613103 mdt:A1.750SeniorNotesDue2049Member 2024-04-27 2024-10-25 0001613103 mdt:A1.625SeniorNotesDue2050Member 2024-04-27 2024-10-25 0001613103 mdt:A4.150SeniorNotesDue2053Member 2024-04-27 2024-10-25 0001613103 2024-11-20 0001613103 2024-07-27 2024-10-25 0001613103 2023-07-29 2023-10-27 0001613103 2023-04-29 2023-10-27 0001613103 2024-10-25 0001613103 2024-04-26 0001613103 us-gaap:CommonStockMember 2024-04-26 0001613103 us-gaap:AdditionalPaidInCapitalMember 2024-04-26 0001613103 us-gaap:RetainedEarningsMember 2024-04-26 0001613103 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-26 0001613103 us-gaap:ParentMember 2024-04-26 0001613103 us-gaap:NoncontrollingInterestMember 2024-04-26 0001613103 us-gaap:RetainedEarningsMember 2024-04-27 2024-07-26 0001613103 us-gaap:ParentMember 2024-04-27 2024-07-26 0001613103 us-gaap:NoncontrollingInterestMember 2024-04-27 2024-07-26 0001613103 2024-04-27 2024-07-26 0001613103 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-27 2024-07-26 0001613103 us-gaap:CommonStockMember 2024-04-27 2024-07-26 0001613103 us-gaap:AdditionalPaidInCapitalMember 2024-04-27 2024-07-26 0001613103 us-gaa