Stock Analysis on Net

Medtronic PLC (NYSE:MDT)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Medtronic PLC, consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Apr 28, 2023 Apr 29, 2022 Apr 30, 2021 Apr 24, 2020 Apr 26, 2019 Apr 27, 2018
Net income 3,784 5,062 3,630 4,806 4,650 3,095
Unrealized gain (loss) on investment securities (49) (301) 92 45 102 (103)
Translation adjustment (240) (2,086) 1,699 (829) (1,375) 1,184
Net investment hedge (596) 2,299 (1,694) 405 88
Net change in retirement obligations 32 574 505 (544) (191) 167
Unrealized gain (loss) on cash flow hedges (381) 727 (519) 72 401 (218)
Other comprehensive income (loss), net of tax (1,234) 1,213 83 (851) (975) 1,030
Comprehensive income including noncontrolling interests 2,550 6,275 3,713 3,955 3,675 4,125
Comprehensive (income) loss attributable to noncontrolling interests (26) (17) (32) (15) (16) 9
Comprehensive income attributable to Medtronic 2,524 6,258 3,681 3,940 3,659 4,134

Based on: 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27).

Comprehensive income item Description The company
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 net income attributable to Medtronic increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Comprehensive income attributable to Medtronic Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Medtronic PLC comprehensive income attributable to Medtronic increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.