10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALMART INC. | |||
Ticker: WMT Fiscal Year: 2021 | |||
Consolidated Statements of Income | |||
Period Ending Jan 31, 2022 10-K (Filed: Mar 18, 2022) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
| Revenues: | |||
| Net sales | $ 567,762 | 555,233 | 519,926 |
| Membership and other income | 4,992 | 3,918 | 4,038 |
| Total revenues | 572,754 | 559,151 | 523,964 |
| Costs and expenses: | |||
| Cost of sales | 429,000 | 420,315 | 394,605 |
| Operating, selling, general and administrative expenses | 117,812 | 116,288 | 108,791 |
| Operating income | 25,942 | 22,548 | 20,568 |
| Interest: | |||
| Debt | 1,674 | 1,976 | 2,262 |
| Finance lease | 320 | 339 | 337 |
| Interest income | (158) | (121) | (189) |
| Interest, net | 1,836 | 2,194 | 2,410 |
| Loss on extinguishment of debt | 2,410 | 0 | 0 |
| Other (gains) and losses | 3,000 | (210) | (1,958) |
| Income before income taxes | 18,696 | 20,564 | 20,116 |
| Provision for income taxes | 4,756 | 6,858 | 4,915 |
| Consolidated net income | 13,940 | 13,706 | 15,201 |
| Consolidated net income attributable to noncontrolling interest | (267) | (196) | (320) |
| Consolidated net income attributable to Walmart | 13,673 | 13,510 | 14,881 |
| Net income per common share: | |||
| Basic net income per common share attributable to Walmart (in USD per share) | 4.90 | 4.77 | 5.22 |
| Diluted net income per common share attributable to Walmart (in USD per share) | 4.87 | 4.75 | 5.19 |
| Weighted-average common shares outstanding: | |||
| Basic (in shares) | 2,792 | 2,831 | 2,850 |
| Diluted (in shares) | 2,805 | 2,847 | 2,868 |
| Dividends declared per common share (in USD per share) | 2.20 | 2.16 | 2.12 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALMART INC. | |||
Ticker: WMT Fiscal Year: 2021 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Jan 31, 2022 10-K (Filed: Mar 18, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
| Consolidated net income | $ 13,940 | 13,706 | 15,201 |
| Consolidated net income attributable to noncontrolling interest | (267) | (196) | (320) |
| Consolidated net income attributable to Walmart | 13,673 | 13,510 | 14,881 |
| Other comprehensive income (loss), net of income taxes | |||
| Currency translation and other | 2,442 | 842 | 286 |
| Net investment hedges | (1,202) | (221) | 122 |
| Cash flow hedges | (444) | 235 | (399) |
| Minimum pension liability | 1,974 | (30) | (1,244) |
| Other comprehensive income (loss), net of income taxes | 2,770 | 826 | (1,235) |
| Other comprehensive (income) loss attributable to noncontrolling interest | 230 | 213 | (28) |
| Other comprehensive income (loss) attributable to Walmart | 3,000 | 1,039 | (1,263) |
| Comprehensive income, net of income taxes | 16,710 | 14,532 | 13,966 |
| Comprehensive (income) loss attributable to noncontrolling interest | (37) | 17 | (348) |
| Comprehensive income attributable to Walmart | 16,673 | 14,549 | 13,618 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALMART INC. | |||
Ticker: WMT Fiscal Year: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 31, 2022 10-K (Filed: Mar 18, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
| Cash flows from operating activities: | |||
| Consolidated net income | $ 13,940 | 13,706 | 15,201 |
| Adjustments to reconcile consolidated net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 10,658 | 11,152 | 10,987 |
| Net unrealized and realized (gains) and losses | 2,440 | (8,589) | (1,886) |
| Losses on disposal of business operations | 433 | 8,401 | 15 |
| Asda pension contribution | 0 | 0 | (1,036) |
| Deferred income taxes | (755) | 1,911 | 320 |
| Loss on extinguishment of debt | 2,410 | 0 | 0 |
| Other operating activities | 1,652 | 1,521 | 1,981 |
| Changes in certain assets and liabilities, net of effects of acquisitions and dispositions: | |||
| Receivables, net | (1,796) | (1,086) | 154 |
| Inventories | (11,764) | (2,395) | (300) |
| Accounts payable | 5,520 | 6,966 | (274) |
| Accrued liabilities | 1,404 | 4,623 | 186 |
| Accrued income taxes | 39 | (136) | (93) |
| Net cash provided by operating activities | 24,181 | 36,074 | 25,255 |
| Cash flows from investing activities: | |||
| Payments for property and equipment | (13,106) | (10,264) | (10,705) |
| Proceeds from the disposal of property and equipment | 394 | 215 | 321 |
| Proceeds from disposal of certain operations, net of divested cash | 7,935 | 56 | 833 |
| Payments for business acquisitions, net of cash acquired | (359) | (180) | (56) |
| Other investing activities | (879) | 102 | 479 |
| Net cash used in investing activities | (6,015) | (10,071) | (9,128) |
| Cash flows from financing activities: | |||
| Net change in short-term borrowings | 193 | (324) | (4,656) |
| Proceeds from issuance of long-term debt | 6,945 | 0 | 5,492 |
| Repayments of long-term debt | (13,010) | (5,382) | (1,907) |
| Premiums paid to extinguish debt | (2,317) | 0 | 0 |
| Dividends paid | (6,152) | (6,116) | (6,048) |
| Purchase of Company stock | (9,787) | (2,625) | (5,717) |
| Dividends paid to noncontrolling interest | (424) | (434) | (555) |
| Sale of subsidiary stock | 3,239 | 140 | 52 |
| Other financing activities | (1,515) | (1,376) | (960) |
| Net cash used in financing activities | (22,828) | (16,117) | (14,299) |
| Effect of exchange rates on cash, cash equivalents and restricted cash | (140) | 235 | (69) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | (4,802) | 10,121 | 1,759 |
| Change in cash and cash equivalents reclassified from (to) assets held for sale | 1,848 | (1,848) | 0 |
| Cash, cash equivalents and restricted cash at beginning of year | 17,788 | 9,515 | |
| Cash, cash equivalents and restricted cash at end of year | 14,834 | 17,788 | 9,515 |
| Supplemental disclosure of cash flow information: | |||
| Income taxes paid | 5,918 | 5,271 | 3,616 |
| Interest paid | 2,237 | 2,216 | 2,464 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALMART INC. | ||
Ticker: WMT Fiscal Year: 2021 | ||
Consolidated Balance Sheets | ||
Period Ending Jan 31, 2022 10-K (Filed: Mar 18, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 31, 2022 | Jan 31, 2021 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 14,760 | 17,741 |
| Receivables, net | 8,280 | 6,516 |
| Inventories | 56,511 | 44,949 |
| Prepaid expenses and other | 1,519 | 20,861 |
| Total current assets | 81,070 | 90,067 |
| Property and equipment, net | 94,515 | 92,201 |
| Operating lease right-of-use assets | 13,758 | 13,642 |
| Finance lease right-of-use assets, net | 4,351 | 4,005 |
| Goodwill | 29,014 | 28,983 |
| Other long-term assets | 22,152 | 23,598 |
| Total assets | 244,860 | 252,496 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings | 410 | 224 |
| Accounts payable | 55,261 | 49,141 |
| Accrued liabilities | 26,060 | 37,966 |
| Accrued income taxes | 851 | 242 |
| Long-term debt due within one year | 2,803 | 3,115 |
| Operating lease obligations due within one year | 1,483 | 1,466 |
| Finance lease obligations due within one year | 511 | 491 |
| Total current liabilities | 87,379 | 92,645 |
| Long-term debt | 34,864 | 41,194 |
| Long-term operating lease obligations | 13,009 | 12,909 |
| Long-term finance lease obligations | 4,243 | 3,847 |
| Deferred income taxes and other | 13,474 | 14,370 |
| Commitments and contingencies | ||
| Equity: | ||
| Common stock | 276 | 282 |
| Capital in excess of par value | 4,839 | 3,646 |
| Retained earnings | 86,904 | 88,763 |
| Accumulated other comprehensive loss | (8,766) | (11,766) |
| Total Walmart shareholders' equity | 83,253 | 80,925 |
| Noncontrolling interest | 8,638 | 6,606 |
| Total equity | 91,891 | 87,531 |
| Total liabilities and equity | 244,860 | 252,496 |
| External Links | |
| WALMART INC. (WMT) Fiscal Year 2021 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |