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Common-Size Income Statement
Medtronic PLC, common-size consolidated income statement
Based on: 10-K (filing date: 2020-06-19), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-28), 10-K (filing date: 2015-06-23).
|Income statement item||Description||The company|
|Operating profit||The net result for the period of deducting operating expenses from operating revenues.||Medtronic PLC’s operating profit as a percentage of net sales decreased from 2018 to 2019 and from 2019 to 2020.|
|Income before income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Medtronic PLC’s income before income taxes as a percentage of net sales decreased from 2018 to 2019 and from 2019 to 2020.|
|Net income attributable to Medtronic||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Medtronic PLC’s net income attributable to Medtronic as a percentage of net sales increased from 2018 to 2019 and from 2019 to 2020.|