Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
d Gross profit for periods the company did not report it, or tagged its operating income as gross profit, is Revenue − Cost of Revenue. Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement.
Across FY2013–FY2026: $28.72B in buybacks, $37.12B in dividends.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Total debt at January 24, 2025 was $26.6 billion as compared to $25.0 billion at April 26, 2024. The increase in total debt was primarily driven by issuance of Euro-denominated Senior Notes and fluctuations in exchange rates.
Total debt at April 26, 2024 was $25.0 billion, as compared to $24.4 billion at April 28, 2023. The increase in total debt was driven by commercial paper outstanding of $1.1 billion, partially offset by fluctuations in exchange rates.
Total debt at January 26, 2024 was $25.2 billion as compared to $24.4 billion at April 28, 2023. The increase in total debt was driven by commercial paper outstanding of $1.0 billion, offset by fluctuations in exchange rates.
Total debt at October 27, 2023 was $25.1 billion as compared to $24.4 billion at April 28, 2023. The increase in total debt was driven by commercial paper outstanding of $1.3 billion, offset by fluctuations in exchange rates.
Total debt at July 28, 2023 was $25.0 billion as compared to $24.4 billion at April 28, 2023. The increase in total debt was driven by commercial paper outstanding of $500 million, as well as fluctuations in exchange rates.
Total debt at April 26, 2024 was $25.0 billion, as compared to $24.4 billion at April 28, 2023. The increase in total debt was driven by commercial paper outstanding of $1.1 billion, partially offset by fluctuations in exchange rates.
Total debt at July 29, 2022 was $23.2 billion as compared to $24.1 billion at April 29, 2022. The decrease in total debt was driven by fluctuations in exchange rates as it pertains to our Euro-denominated senior notes.
Total debt at October 29, 2021 was $25.6 billion as compared to $26.4 billion at April 30, 2021. The decrease in total debt was driven by fluctuations in exchange rates as it pertains to our Euro-denominated senior notes.
Total debt at October 29, 2021 was $25.6 billion as compared to $26.4 billion at April 30, 2021. The decrease in total debt was driven by fluctuations in exchange rates as it pertains to our Euro-denominated senior notes.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
13 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged. 2 legal exhibits were not safely readable, so covenant coverage is incomplete.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
0.000% Senior Notes due 2023
Note · Medtronic Global Holdings S.C.A.
Reference: 0.000% Senior Notes due 2023
Active
Original principal
EUR 1,250,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Mar 15, 2023
Last reported interest terms:
0%
Reported 2020-09-29Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2023 Notes will mature on March 15, 2023, the 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2032 Notes will mature on October 15, 2032, the 2040 Notes will mature on October 15, 2040, and the 2050 Notes will mature on October 15, 2050. The 2023 Notes will bear interest at a rate of 0.000% per annum. The 2025 Notes will bear interest at a rate of 0.000% per annum. The 2028 Notes will bear interest at a rate of 0.375% per annum. The 2032 Notes will bear interest at a rate of 0.750% per annum. The 2040 Notes will bear interest at a rate of 1.375% per annum. The 2050 Notes will bear interest at a rate of 1.625% per annum.
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
0.000% Senior Notes due 2025
Note · Medtronic Global Holdings S.C.A.
Reference: 0.000% Senior Notes due 2025
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2025
Last reported interest terms:
0%
Reported 2020-09-29Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2023 Notes will mature on March 15, 2023, the 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2032 Notes will mature on October 15, 2032, the 2040 Notes will mature on October 15, 2040, and the 2050 Notes will mature on October 15, 2050. The 2023 Notes will bear interest at a rate of 0.000% per annum. The 2025 Notes will bear interest at a rate of 0.000% per annum. The 2028 Notes will bear interest at a rate of 0.375% per annum. The 2032 Notes will bear interest at a rate of 0.750% per annum. The 2040 Notes will bear interest at a rate of 1.375% per annum. The 2050 Notes will bear interest at a rate of 1.625% per annum.
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
2.625% Senior Notes due 2025
Note · Medtronic Global Holdings S.C.A.
Reference: 2.625% Senior Notes due 2025
Active
Original principal
EUR 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2025
Last reported interest terms:
2.625%
Reported 2022-09-21Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2031 Notes will mature on October 15, 2031 and the 2034 Notes will mature on October 15, 2034. The 2025 Notes will bear interest at a rate of 2.625% per annum. The 2028 Notes will bear interest at a rate of 3.000% per annum. The 2031 Notes will bear interest at a rate of 3.125% per annum. The 2034 Notes will bear interest at a rate of 3.375% per annum.
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
0.375% Senior Notes due 2028
Note · Medtronic Global Holdings S.C.A.
Reference: 0.375% Senior Notes due 2028
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2028
Last reported interest terms:
0.375%
Reported 2020-09-29Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2023 Notes will mature on March 15, 2023, the 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2032 Notes will mature on October 15, 2032, the 2040 Notes will mature on October 15, 2040, and the 2050 Notes will mature on October 15, 2050. The 2023 Notes will bear interest at a rate of 0.000% per annum. The 2025 Notes will bear interest at a rate of 0.000% per annum. The 2028 Notes will bear interest at a rate of 0.375% per annum. The 2032 Notes will bear interest at a rate of 0.750% per annum. The 2040 Notes will bear interest at a rate of 1.375% per annum. The 2050 Notes will bear interest at a rate of 1.625% per annum.
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
3.000% Senior Notes due 2028
Note · Medtronic Global Holdings S.C.A.
Reference: 3.000% Senior Notes due 2028
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2028
Last reported interest terms:
3%
Reported 2022-09-21Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2031 Notes will mature on October 15, 2031 and the 2034 Notes will mature on October 15, 2034. The 2025 Notes will bear interest at a rate of 2.625% per annum. The 2028 Notes will bear interest at a rate of 3.000% per annum. The 2031 Notes will bear interest at a rate of 3.125% per annum. The 2034 Notes will bear interest at a rate of 3.375% per annum.
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
3.125% Senior Notes due 2031
Note · Medtronic Global Holdings S.C.A.
Reference: 3.125% Senior Notes due 2031
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2031
Last reported interest terms:
3.125%
Reported 2022-09-21Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2031 Notes will mature on October 15, 2031 and the 2034 Notes will mature on October 15, 2034. The 2025 Notes will bear interest at a rate of 2.625% per annum. The 2028 Notes will bear interest at a rate of 3.000% per annum. The 2031 Notes will bear interest at a rate of 3.125% per annum. The 2034 Notes will bear interest at a rate of 3.375% per annum.
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
0.750% Senior Notes due 2032
Note · Medtronic Global Holdings S.C.A.
Reference: 0.750% Senior Notes due 2032
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2032
Last reported interest terms:
0.75%
Reported 2020-09-29Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2023 Notes will mature on March 15, 2023, the 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2032 Notes will mature on October 15, 2032, the 2040 Notes will mature on October 15, 2040, and the 2050 Notes will mature on October 15, 2050. The 2023 Notes will bear interest at a rate of 0.000% per annum. The 2025 Notes will bear interest at a rate of 0.000% per annum. The 2028 Notes will bear interest at a rate of 0.375% per annum. The 2032 Notes will bear interest at a rate of 0.750% per annum. The 2040 Notes will bear interest at a rate of 1.375% per annum. The 2050 Notes will bear interest at a rate of 1.625% per annum.
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
3.375% Senior Notes due 2034
Note · Medtronic Global Holdings S.C.A.
Reference: 3.375% Senior Notes due 2034
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2034
Last reported interest terms:
3.375%
Reported 2022-09-21Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2031 Notes will mature on October 15, 2031 and the 2034 Notes will mature on October 15, 2034. The 2025 Notes will bear interest at a rate of 2.625% per annum. The 2028 Notes will bear interest at a rate of 3.000% per annum. The 2031 Notes will bear interest at a rate of 3.125% per annum. The 2034 Notes will bear interest at a rate of 3.375% per annum.
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 21, 2022, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €500,000,000 aggregate principal amount of its 2.625% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of its 3.000% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of its 3.125% Senior Notes due 2031 (the “2031 Notes”), and €1,000,000,000 aggregate principal amount of its 3.375% Senior Notes due 2034 (the “2034 Notes” and together with the 2025 Notes, the 2028 Notes and the 2031 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
1.375% Senior Notes due 2040
Note · Medtronic Global Holdings S.C.A.
Reference: 1.375% Senior Notes due 2040
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2040
Last reported interest terms:
1.375%
Reported 2020-09-29Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2023 Notes will mature on March 15, 2023, the 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2032 Notes will mature on October 15, 2032, the 2040 Notes will mature on October 15, 2040, and the 2050 Notes will mature on October 15, 2050. The 2023 Notes will bear interest at a rate of 0.000% per annum. The 2025 Notes will bear interest at a rate of 0.000% per annum. The 2028 Notes will bear interest at a rate of 0.375% per annum. The 2032 Notes will bear interest at a rate of 0.750% per annum. The 2040 Notes will bear interest at a rate of 1.375% per annum. The 2050 Notes will bear interest at a rate of 1.625% per annum.
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
1.625% Senior Notes due 2050
Note · Medtronic Global Holdings S.C.A.
Reference: 1.625% Senior Notes due 2050
Active
Original principal
EUR 1,000,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Oct 15, 2050
Last reported interest terms:
1.625%
Reported 2020-09-29Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Issuer evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: The 2023 Notes will mature on March 15, 2023, the 2025 Notes will mature on October 15, 2025, the 2028 Notes will mature on October 15, 2028, the 2032 Notes will mature on October 15, 2032, the 2040 Notes will mature on October 15, 2040, and the 2050 Notes will mature on October 15, 2050. The 2023 Notes will bear interest at a rate of 0.000% per annum. The 2025 Notes will bear interest at a rate of 0.000% per annum. The 2028 Notes will bear interest at a rate of 0.375% per annum. The 2032 Notes will bear interest at a rate of 0.750% per annum. The 2040 Notes will bear interest at a rate of 1.375% per annum. The 2050 Notes will bear interest at a rate of 1.625% per annum.
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
Supporting evidence: On September 29, 2020, Medtronic Global Holdings S.C.A. (“Medtronic Luxco”), an indirect wholly owned subsidiary of Medtronic public limited company (“Medtronic plc”), issued €1,250,000,000 aggregate principal amount of 0.000% Senior Notes due 2023 (the “2023 Notes”), €1,000,000,000 aggregate principal amount of 0.000% Senior Notes due 2025 (the “2025 Notes”), €1,000,000,000 aggregate principal amount of 0.375% Senior Notes due 2028 (the “2028 Notes”), €1,000,000,000 aggregate principal amount of 0.750% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of 1.375% Senior Notes due 2040 (the “2040 Notes”), and €1,000,000,000 aggregate principal amount of 1.625% Senior Notes due 2050 (the “2050 Notes”, and together with the 2023 Notes, the 2025 Notes, the 2028 Notes, the 2032 Notes and the 2040 Notes, the “Notes”), in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-236739) filed with the Securities and Exchange Commission (the “Commission”) on February 28, 2020, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the offering of the Notes. The Notes are fully and unconditionally guaranteed by Medtronic plc and Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc (the “Guarantees,” and together with the Notes, the “Securities”).
2030 Notes
Note · Medtronic, Inc.
Reference: 2.950% Senior Notes due 2030
Active
Original principal
EUR 750,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Last reported interest terms:
2.95%
Reported 2025-09-16Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 15, 2025, Medtronic, Inc., Medtronic plc and Medtronic Luxco entered into an underwriting agreement (the “Underwriting Agreement”) with the underwriters listed therein, for which Deutsche Bank AG, London Branch and Goldman Sachs & Co. LLC acted as representatives. Pursuant to the Underwriting Agreement, Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc, will issue and sell €750,000,000 aggregate principal amount of its 2.950% Senior Notes due 2030 (the “2030 Notes”) and €750,000,000 aggregate principal amount of its 4.200% Senior Notes due 2045 (the “2045 Notes” and together with the 2030 Notes, the “Notes”) to the underwriters, in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-270272) filed with the Securities and Exchange Commission (the “Commission”) on March 3, 2023, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the Offering. The Notes are fully and unconditionally guaranteed on a joint and several basis by Medtronic Luxco and Medtronic plc.
Issuer evidence: On September 15, 2025, Medtronic, Inc., Medtronic plc and Medtronic Luxco entered into an underwriting agreement (the “Underwriting Agreement”) with the underwriters listed therein, for which Deutsche Bank AG, London Branch and Goldman Sachs & Co. LLC acted as representatives. Pursuant to the Underwriting Agreement, Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc, will issue and sell €750,000,000 aggregate principal amount of its 2.950% Senior Notes due 2030 (the “2030 Notes”) and €750,000,000 aggregate principal amount of its 4.200% Senior Notes due 2045 (the “2045 Notes” and together with the 2030 Notes, the “Notes”) to the underwriters, in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-270272) filed with the Securities and Exchange Commission (the “Commission”) on March 3, 2023, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the Offering. The Notes are fully and unconditionally guaranteed on a joint and several basis by Medtronic Luxco and Medtronic plc.
2045 Notes
Note · Medtronic, Inc.
Reference: 4.200% Senior Notes due 2045
Active
Original principal
EUR 750,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Last reported interest terms:
4.2%
Reported 2025-09-16Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On September 15, 2025, Medtronic, Inc., Medtronic plc and Medtronic Luxco entered into an underwriting agreement (the “Underwriting Agreement”) with the underwriters listed therein, for which Deutsche Bank AG, London Branch and Goldman Sachs & Co. LLC acted as representatives. Pursuant to the Underwriting Agreement, Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc, will issue and sell €750,000,000 aggregate principal amount of its 2.950% Senior Notes due 2030 (the “2030 Notes”) and €750,000,000 aggregate principal amount of its 4.200% Senior Notes due 2045 (the “2045 Notes” and together with the 2030 Notes, the “Notes”) to the underwriters, in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-270272) filed with the Securities and Exchange Commission (the “Commission”) on March 3, 2023, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the Offering. The Notes are fully and unconditionally guaranteed on a joint and several basis by Medtronic Luxco and Medtronic plc.
Issuer evidence: On September 15, 2025, Medtronic, Inc., Medtronic plc and Medtronic Luxco entered into an underwriting agreement (the “Underwriting Agreement”) with the underwriters listed therein, for which Deutsche Bank AG, London Branch and Goldman Sachs & Co. LLC acted as representatives. Pursuant to the Underwriting Agreement, Medtronic, Inc., an indirect wholly owned subsidiary of Medtronic plc, will issue and sell €750,000,000 aggregate principal amount of its 2.950% Senior Notes due 2030 (the “2030 Notes”) and €750,000,000 aggregate principal amount of its 4.200% Senior Notes due 2045 (the “2045 Notes” and together with the 2030 Notes, the “Notes”) to the underwriters, in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) (File No. 333-270272) filed with the Securities and Exchange Commission (the “Commission”) on March 3, 2023, and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the Offering. The Notes are fully and unconditionally guaranteed on a joint and several basis by Medtronic Luxco and Medtronic plc.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
3.77×
Peer median 4.22×
EV/EBIT
20.83×
Peer median 22.42×
P/E (TTM)
23.50×
Peer median 30.93×
Peer medians compare against the 9 similar-size Medical Devices companies (of 156 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
Component
FY2026
FY2025
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
Total Reportable Segments
$33,079,000,000
$30,734,000,000
$29,654,000,000
$30,731,000,000
$30,959,000,000
—
—
—
Cardiovascular
$13,976,000,000
$12,481,000,000
$11,831,000,000
$11,522,000,000
$11,368,000,000
$10,772,000,000
$10,468,000,000
$11,505,000,000
Neuroscience Group
$10,287,000,000
$9,846,000,000
$9,406,000,000
$8,959,000,000
$8,784,000,000
$8,195,000,000
$7,725,000,000
$8,183,000,000
Medical Surgical
$8,815,000,000
$8,407,000,000
$8,417,000,000
$7,989,000,000
$8,469,000,000
—
—
—
Other Operating Segments Including Diabetes
$3,247,000,000
$2,892,000,000
$2,710,000,000
—
—
—
—
—
Diabetes Group
$3,112,000,000
$2,755,000,000
$2,488,000,000
$2,262,000,000
$2,338,000,000
$2,413,000,000
$2,368,000,000
$2,391,000,000
Other Operating Segment Misc
$135,000,000
$137,000,000
$221,000,000
—
—
—
—
—
Medical Surgical Portfolio
—
—
—
$8,433,000,000
$9,141,000,000
$8,737,000,000
$8,352,000,000
$8,478,000,000
Other Segment
—
$137,000,000
$221,000,000
$495,000,000
—
—
—
—
All Other Segments
—
$137,000,000
$221,000,000
$495,000,000
$727,000,000
—
—
—
By Geography (USD)
Component
FY2026
FY2025
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
Non Us
$18,261,000,000
$16,365,000,000
$15,802,000,000
$14,854,000,000
—
—
—
—
Total Other Countries Excluding United States and Ireland
$18,118,000,000
$16,250,000,000
$15,689,000,000
$14,756,000,000
$15,450,000,000
$14,491,000,000
$13,909,000,000
$14,272,000,000
United States
$18,103,000,000
$17,171,000,000
$16,562,000,000
$16,373,000,000
$16,135,000,000
$15,526,000,000
$14,919,000,000
$16,194,000,000
Ireland
$143,000,000
$116,000,000
$113,000,000
$98,000,000
$101,000,000
$100,000,000
$85,000,000
$91,000,000
Japan Australia New Zealand Korea Canada and Western Europe
—
—
$9,979,000,000
$9,408,000,000
$10,126,000,000
$9,815,000,000
$9,287,000,000
$9,631,000,000
Middle East Africa Latin America Eastern Europeand Asia Excluding Japanand Korea
—
—
$5,823,000,000
$5,446,000,000
$5,426,000,000
$4,777,000,000
$4,707,000,000
$4,732,000,000
By Product & Service (USD)
Component
FY2021
HVAD
$141,000,000
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
