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Medical Devices & Supplies: Leases (ASC 842)

Note: Supplemental lease cash flow and right-of-use asset disclosures under ASC 842.
Medtronic plc (MDT) · Form 10-K for period ended 2026-04-24 · filed 2026-06-18 · Section: Notes to Consolidated Financial Statements (Continued)

The following table summarizes the cash paid for amounts included in the measurement of operating lease liabilities and right-of-use assets obtained in exchange for operating lease liabilities for fiscal years 2026, 2025, and 2024:

Fiscal Year
(in millions)202620252024
Cash paid for amounts included in the measurement of operating lease liabilities270233232
Right-of-use assets obtained in exchange for operating lease liabilities290281220

The following table summarizes the maturities of the Company's operating leases at April 24, 2026:

(in millions) Fiscal YearOperating Leases
2027223
2028196
2029160
2030133
2031111
Thereafter552
Total expected lease payments1,376
Less: Imputed interest( 188 )
Total lease liability1,188

The Company makes certain products available to customers under lease arrangements, including arrangements whereby equipment is placed with customers who then purchase consumable products to accompany the use of the equipment. Income arising from arrangements where the Company is the lessor is recognized within net sales in the consolidated statements of income and the Company's net investments in sales-type leases are included in other current assets and other assets in the consolidated balance sheets. Lessor income for fiscal years

Medtronic plc

Notes to Consolidated Financial Statements (Continued)

2026, 2025, and 2024 and the related assets and lease maturities at April 24, 2026 and April 25, 2025 were not material to the consolidated financial statements.

17. Accumulated Other Comprehensive Loss

Verbatim excerpt (239 words), formatting simplified. View full filing on EDGAR →

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