10-Q
Quarterly Report
MiniMed Group, Inc.
MMED
NASDAQ
CIK: 2062583
File #: 001-43183
Balance Sheet
31 line items · 2 periods
XBRL
| Item | Jan 23, 2026 | Apr 25, 2025 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 10,000,000 | 11,000,000 |
Accounts receivable, less allowances and credit losses of $64 and $46, respectively | 653,000,000 | 570,000,000 |
Inventories | 408,000,000 | 311,000,000 |
Other current assets | 37,000,000 | 48,000,000 |
Total current assets | 1,108,000,000 | 939,000,000 |
Property, plant, and equipment, net | 701,000,000 | 706,000,000 |
Goodwill | 2,256,000,000 | 2,255,000,000 |
Other intangible assets, net | 113,000,000 | 132,000,000 |
Tax assets | 19,000,000 | 19,000,000 |
Other assets | 146,000,000 | 150,000,000 |
Total assets | 4,343,000,000 | 4,201,000,000 |
LIABILITIES AND EQUITY | ||
Current liabilities: | ||
Accounts payable | 303,000,000 | 205,000,000 |
Accrued compensation | 184,000,000 | 182,000,000 |
Accrued rebates | 48,000,000 | 51,000,000 |
Italy | — | 15,000,000 |
Other accrued expenses | 161,000,000 | 271,000,000 |
Total current liabilities | 696,000,000 | 710,000,000 |
Other liabilities | 184,000,000 | 162,000,000 |
Total liabilities | 881,000,000 | 871,000,000 |
Parent company equity: | ||
Net investment from Parent | 3,449,000,000 | 3,328,000,000 |
Accumulated other comprehensive income | 14,000,000 | 3,000,000 |
Total Parent company equity | 3,462,000,000 | 3,330,000,000 |
Parent company investment | 3,449,000,000 | 3,328,000,000 |
Accumulated other comprehensive income (loss) | 14,000,000 | 3,000,000 |
Cumulative Translation Adjustments | 14,000,000 | 3,000,000 |
Total liabilities and Parent company equity | 4,343,000,000 | 4,201,000,000 |