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Refine Assumptions for PPE Forecast Following are the income statement and balance sheet for Medtronic PLC. Medtronic PLC Consolidated Balance Sheet \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c}{ \$ millions } & \multicolumn{1}{c}{ April 26, } \\ \hline Current assets & \\ \hline Cash and cash equivalents & $5,272 \\ \hline Investments & 6,546 \\ \hline Accounts receivable, net & 7,466 \\ \hline Inventories, net & 4,504 \\ \hline Other current assets & 2,573 \\ \hline Total current assets & 26,361 \\ \hline Property, plant, and equipment, net & 5,610 \\ \hline Goodwill & 47,951 \\ \hline Other intangible assets, net & 24,672 \\ \hline Tax assets & 1,823 \\ \hline Other assets & 1,217 \\ \hline Total assets & $107,634 \\ \hline Current liabilities & \\ \hline Current debt obligations & $1,006 \\ \hline Accounts payable & 2,344 \\ \hline Accrued compensation & 2,627 \\ \hline Accrued income taxes & 680 \\ \hline Other accrued expenses & 3,510 \\ \hline Total current liabilities & 10,167 \\ \hline Long-term debt & 29,383 \\ \hline Accrued compensation and retirement benefits & 1,981 \\ \hline Accrued income taxes & 3,406 \\ \hline Deferred tax liabilities & 1,534 \\ \hline Other liabilities & 908 \\ \hline Totalliabilities & 47379 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Deferred tax liabilities & 1,534 \\ \hline Other liabilities & 908 \\ \hline Total liabilities & 47,379 \\ \hline Shareholders' equity & \\ \hline Ordinary shares & 31,839 \\ \hline Additional paid-in capital & 31,524 \\ \hline Retained earnings & (3,253) \\ \hline Accumulated other comprehensive loss & 60,110 \\ \hline Total shareholders' equity & 145 \\ \hline Noncontrolling interests & 60,255 \\ \hline Total equity & $107,634 \\ \hline Total liabilities and equity & \\ \hline \hline \end{tabular} b. Suppose the company discloses in a press release that accompanies its year-end SEC filing that anticipated CAPEX for fiscal yeat Company anticipated CAPEx for fiscal year ended April 2020 \$1,800 million Use this guidance to refine your forecast of property, plant and equipment, net for fiscal year ended April 2020. Property, plant, and equipment, net s 14,315 miltion