Medtronic plc Annual Income Tax Expense (Benefit) in USD from 2012 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Medtronic plc quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2012 to 2023.
  • Medtronic plc Income Tax Expense (Benefit) for the quarter ending January 24, 2025 was $237M, a 75.6% increase year-over-year.
  • Medtronic plc Income Tax Expense (Benefit) for the twelve months ending January 24, 2025 was $934M, a 28.2% decline year-over-year.
  • Medtronic plc annual Income Tax Expense (Benefit) for 2023 was $1.13B, a 28.3% decline from 2022.
  • Medtronic plc annual Income Tax Expense (Benefit) for 2022 was $1.58B, a 246% increase from 2021.
  • Medtronic plc annual Income Tax Expense (Benefit) for 2021 was $456M, a 72.1% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.13B -$447M -28.3% Apr 29, 2023 Apr 26, 2024 10-K 2024-06-20
2022 $1.58B +$1.12B +246% Apr 30, 2022 Apr 28, 2023 10-K 2024-06-20
2021 $456M +$191M +72.1% May 1, 2021 Apr 29, 2022 10-K 2024-06-20
2020 $265M +$1.02B Apr 25, 2020 Apr 30, 2021 10-K 2023-06-22
2019 -$751M -$1.3B -237% Apr 27, 2019 Apr 24, 2020 10-K 2022-06-23
2018 $547M -$2.03B -78.8% Apr 28, 2018 Apr 26, 2019 10-K 2021-06-25
2017 $2.58B +$2B +346% Apr 29, 2017 Apr 27, 2018 10-K 2020-06-19
2016 $578M -$220M -27.6% Apr 30, 2016 Apr 28, 2017 10-K 2019-06-21
2015 $798M -$13M -1.6% Apr 25, 2015 Apr 29, 2016 10-K 2018-06-22
2014 $811M +$171M +26.7% Apr 26, 2014 Apr 24, 2015 10-K 2017-06-27
2013 $640M -$144M -18.4% Apr 27, 2013 Apr 25, 2014 10-K 2016-06-28
2012 $784M Apr 28, 2012 Apr 26, 2013 10-K 2015-06-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.