Medtronic plc Quarterly Income Tax Expense (Benefit) in USD from Q2 2014 to Q2 2024

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 Q2 2014 to Q2 2024.
  • Medtronic plc Income Tax Expense (Benefit) for the quarter ending July 26, 2024 was $220M, a 45% decline year-over-year.
  • Medtronic plc Income Tax Expense (Benefit) for the twelve months ending July 26, 2024 was $953M, a 49% 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), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $953M $220M -$180M -45% Apr 27, 2024 Jul 26, 2024 10-Q 2024-08-27
Q1 2024 $1.13B $196M -$167M -46% Jan 27, 2024 Apr 26, 2024 10-K 2024-06-20
Q4 2023 $1.3B $135M -$11M -7.53% Oct 28, 2023 Jan 26, 2024 10-Q 2024-02-27
Q3 2023 $1.31B $402M -$557M -58.1% Jul 29, 2023 Oct 27, 2023 10-Q 2023-11-30
Q2 2023 $1.87B $400M +$288M +257% Apr 29, 2023 Jul 28, 2023 10-Q 2024-08-27
Q1 2023 $1.58B $363M +$253M +230% Jan 28, 2023 Apr 28, 2023 10-K 2024-06-20
Q4 2022 $1.33B $146M +$40M +37.7% Oct 29, 2022 Jan 27, 2023 10-Q 2024-02-27
Q3 2022 $1.29B $959M +$783M +445% Jul 30, 2022 Oct 28, 2022 10-Q 2023-11-30
Q2 2022 $504M $112M +$48M +75% Apr 30, 2022 Jul 29, 2022 10-Q 2023-08-31
Q1 2022 $456M $110M -$90M -45% Jan 29, 2022 Apr 29, 2022 10-K 2024-06-20
Q4 2021 $546M $106M +$165M Oct 30, 2021 Jan 28, 2022 10-Q 2023-03-01
Q3 2021 $381M $176M +$145M +468% Jul 31, 2021 Oct 29, 2021 10-Q 2022-12-01
Q2 2021 $236M $64M -$29M -31.2% May 1, 2021 Jul 30, 2021 10-Q 2022-09-01
Q1 2021 $265M $200M +$634M Jan 30, 2021 Apr 30, 2021 10-K 2023-06-22
Q4 2020 -$369M -$59M +$281M +82.6% Oct 31, 2020 Jan 29, 2021 10-Q 2022-03-03
Q3 2020 -$650M $31M +$108M Aug 1, 2020 Oct 30, 2020 10-Q 2021-12-02
Q2 2020 -$758M $93M -$7M -7% Apr 25, 2020 Jul 31, 2020 10-Q 2021-09-02
Q1 2020 -$751M -$434M -$544M -495% Jan 25, 2020 Apr 24, 2020 10-K 2022-06-23
Q4 2019 -$207M -$340M -$439M -443% Oct 26, 2019 Jan 24, 2020 10-Q 2021-03-05
Q3 2019 $232M -$77M -$312M -133% Jul 27, 2019 Oct 25, 2019 10-Q 2020-12-03
Q2 2019 $544M $100M -$3M -2.91% Apr 27, 2019 Jul 26, 2019 10-Q 2020-09-03
Q1 2019 $547M $110M -$150M -57.7% Jan 26, 2019 Apr 26, 2019 10-K 2021-06-25
Q4 2018 $697M $99M -$2.32B -95.9% Oct 27, 2018 Jan 25, 2019 10-Q 2020-02-28
Q3 2018 $3.02B $235M +$520M Jul 28, 2018 Oct 26, 2018 10-Q 2019-12-03
Q2 2018 $2.5B $103M -$83M -44.6% Apr 28, 2018 Jul 27, 2018 10-Q 2019-08-30
Q1 2018 $2.58B $260M -$11M -4.06% Jan 27, 2018 Apr 27, 2018 10-K 2020-06-19
Q4 2017 $2.59B $2.42B +$2.27B +1546% Oct 28, 2017 Jan 26, 2018 10-Q 2019-03-01
Q3 2017 $319M -$285M -$386M -382% Jul 29, 2017 Oct 27, 2017 10-Q 2018-11-29
Q2 2017 $705M $186M +$127M +215% Apr 29, 2017 Jul 28, 2017 10-Q 2018-08-31
Q1 2017 $578M $271M +$240M +774% Jan 28, 2017 Apr 28, 2017 10-K 2019-06-21
Q4 2016 $338M $147M +$63M +75% Oct 29, 2016 Jan 27, 2017 10-Q 2018-03-02
Q3 2016 $275M $101M -$462M -82.1% Jul 30, 2016 Oct 28, 2016 10-Q 2017-12-04
Q2 2016 $737M $59M -$61M -50.8% Apr 30, 2016 Jul 29, 2016 10-Q 2017-09-01
Q1 2016 $798M $31M -$157M -83.5% Jan 30, 2016 Apr 29, 2016 10-K 2018-06-22
Q4 2015 $955M $84M -$133M -61.3% Oct 31, 2015 Jan 29, 2016 10-Q 2017-03-03
Q3 2015 $1.09B $563M +$369M +190% Aug 1, 2015 Oct 30, 2015 10-Q 2016-12-05
Q2 2015 $719M $120M -$92M -43.4% Apr 25, 2015 Jul 31, 2015 10-Q 2016-09-07
Q1 2015 $811M $188M Jan 24, 2015 Apr 24, 2015 10-K 2017-06-27
Q4 2014 $217M Oct 25, 2014 Jan 23, 2015 10-Q 2016-03-09
Q3 2014 $194M Jul 26, 2014 Oct 24, 2014 10-Q 2015-12-09
Q2 2014 $212M Apr 26, 2014 Jul 25, 2014 10-Q 2015-09-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.