Medtronic PLC (MDT)

Statement of Cash Flows

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Medtronic PLC, Consolidated Statement of Cash Flows

US$ in millions

	12 months ended	Apr 26, 2019		Apr 27, 2018		Apr 28, 2017		Apr 29, 2016		Apr 24, 2015		Apr 25, 2014
	Net income
	Depreciation and amortization
	Provision for doubtful accounts
	Deferred income taxes
	Stock-based compensation
	Loss on debt extinguishment
	Gain on sale of businesses
	Investment loss
	Other, net
	Accounts receivable, net
	Inventories, net
	Accounts payable and accrued liabilities
	Other operating assets and liabilities
	Change in operating assets and liabilities, net of acquisitions and divestitures
	Adjustments to reconcile net income to net cash provided by operating activities
	Net cash provided by operating activities
	Acquisitions, net of cash acquired
	Proceeds from sale of businesses
	Additions to property, plant, and equipment
	Purchases of investments
	Sales and maturities of investments
	Other investing activities, net
	Net cash (used in) provided by investing activities
	Change in current debt obligations, net
	Issuance of long-term debt
	Payments on long-term debt
	Dividends to shareholders
	Issuance of ordinary shares
	Repurchase of ordinary shares
	Other financing activities
	Net cash provided by (used in) financing activities
	Effect of exchange rate changes on cash and cash equivalents
	Net change in cash and cash equivalents
	Cash and cash equivalents at beginning of period
	Cash and cash equivalents at end of period

Based on: 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), 10-K (filing date: 2014-06-20).

Item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Medtronic PLC’s net cash provided by operating activities declined from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Net cash (used in) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Medtronic PLC’s net cash (used in) provided by investing activities increased from 2017 to 2018 but then slightly declined from 2018 to 2019 not reaching 2017 level.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Medtronic PLC’s net cash provided by (used in) financing activities declined from 2017 to 2018 but then increased from 2018 to 2019 not reaching 2017 level.

	Medtronic PLC	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality