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: 2022 | |||
Consolidated Statements of Income | |||
Period Ending Jan 31, 2023 10-K (Filed: Mar 17, 2023) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
| Revenues: | |||
| Net sales | $ 605,881 | 567,762 | 555,233 |
| Membership and other income | 5,408 | 4,992 | 3,918 |
| Total revenues | 611,289 | 572,754 | 559,151 |
| Costs and expenses: | |||
| Cost of sales | 463,721 | 429,000 | 420,315 |
| Operating, selling, general and administrative expenses | 127,140 | 117,812 | 116,288 |
| Operating income | 20,428 | 25,942 | 22,548 |
| Interest: | |||
| Debt | 1,787 | 1,674 | 1,976 |
| Finance lease | 341 | 320 | 339 |
| Interest income | (254) | (158) | (121) |
| Interest, net | 1,874 | 1,836 | 2,194 |
| Loss on extinguishment of debt | 0 | 2,410 | 0 |
| Other (gains) and losses | 1,538 | 3,000 | (210) |
| Income before income taxes | 17,016 | 18,696 | 20,564 |
| Provision for income taxes | 5,724 | 4,756 | 6,858 |
| Consolidated net income | 11,292 | 13,940 | 13,706 |
| Consolidated net (income) loss attributable to noncontrolling interest | 388 | (267) | (196) |
| Consolidated net income attributable to Walmart | 11,680 | 13,673 | 13,510 |
| Net income per common share: | |||
| Basic net income per common share attributable to Walmart (in USD per share) | 4.29 | 4.90 | 4.77 |
| Diluted net income per common share attributable to Walmart (in USD per share) | 4.27 | 4.87 | 4.75 |
| Weighted-average common shares outstanding: | |||
| Basic (in shares) | 2,724 | 2,792 | 2,831 |
| Diluted (in shares) | 2,734 | 2,805 | 2,847 |
| Dividends declared per common share (in USD per share) | 2.24 | 2.20 | 2.16 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALMART INC. | |||
Ticker: WMT Fiscal Year: 2022 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Jan 31, 2023 10-K (Filed: Mar 17, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
| Consolidated net income | $ 11,292 | 13,940 | 13,706 |
| Consolidated net (income) loss attributable to noncontrolling interest | 388 | (267) | (196) |
| Consolidated net income attributable to Walmart | 11,680 | 13,673 | 13,510 |
| Other comprehensive income (loss), net of income taxes | |||
| Currency translation and other | (1,858) | 2,442 | 842 |
| Net investment hedges | 0 | (1,202) | (221) |
| Cash flow hedges | (203) | (444) | 235 |
| Minimum pension liability | 5 | 1,974 | (30) |
| Other comprehensive income (loss), net of income taxes | (2,056) | 2,770 | 826 |
| Other comprehensive loss attributable to noncontrolling interest | 404 | 230 | 213 |
| Other comprehensive income (loss) attributable to Walmart | (1,652) | 3,000 | 1,039 |
| Comprehensive income, net of income taxes | 9,236 | 16,710 | 14,532 |
| Comprehensive (income) loss attributable to noncontrolling interest | 792 | (37) | 17 |
| Comprehensive income attributable to Walmart | 10,028 | 16,673 | 14,549 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALMART INC. | |||
Ticker: WMT Fiscal Year: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 31, 2023 10-K (Filed: Mar 17, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
| Cash flows from operating activities: | |||
| Consolidated net income | $ 11,292 | 13,940 | 13,706 |
| Adjustments to reconcile consolidated net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 10,945 | 10,658 | 11,152 |
| Net unrealized and realized (gains) and losses | 1,683 | 2,440 | (8,589) |
| Losses on disposal of business operations | 0 | 433 | 8,401 |
| Deferred income taxes | 449 | (755) | 1,911 |
| Loss on extinguishment of debt | 0 | 2,410 | 0 |
| Other operating activities | 1,919 | 1,652 | 1,521 |
| Changes in certain assets and liabilities, net of effects of acquisitions and dispositions: | |||
| Receivables, net | 240 | (1,796) | (1,086) |
| Inventories | (528) | (11,764) | (2,395) |
| Accounts payable | (1,425) | 5,520 | 6,966 |
| Accrued liabilities | 4,393 | 1,404 | 4,623 |
| Accrued income taxes | (127) | 39 | (136) |
| Net cash provided by operating activities | 28,841 | 24,181 | 36,074 |
| Cash flows from investing activities: | |||
| Payments for property and equipment | (16,857) | (13,106) | (10,264) |
| Proceeds from the disposal of property and equipment | 170 | 394 | 215 |
| Proceeds from disposal of certain operations, net of divested cash | 0 | 7,935 | 56 |
| Payments for business acquisitions, net of cash acquired | (740) | (359) | (180) |
| Other investing activities | (295) | (879) | 102 |
| Net cash used in investing activities | (17,722) | (6,015) | (10,071) |
| Cash flows from financing activities: | |||
| Net change in short-term borrowings | (34) | 193 | (324) |
| Proceeds from issuance of long-term debt | 5,041 | 6,945 | 0 |
| Repayments of long-term debt | (2,689) | (13,010) | (5,382) |
| Premiums paid to extinguish debt | 0 | (2,317) | 0 |
| Dividends paid | (6,114) | (6,152) | (6,116) |
| Purchase of Company stock | (9,920) | (9,787) | (2,625) |
| Dividends paid to noncontrolling interest | (444) | (424) | (434) |
| Purchase of noncontrolling interest | (827) | 0 | 0 |
| Sale of subsidiary stock | 66 | 3,239 | 140 |
| Other financing activities | (2,118) | (1,515) | (1,376) |
| Net cash used in financing activities | (17,039) | (22,828) | (16,117) |
| Effect of exchange rates on cash, cash equivalents and restricted cash | (73) | (140) | 235 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | (5,993) | (4,802) | 10,121 |
| Change in cash and cash equivalents reclassified from (to) assets held for sale | 0 | 1,848 | (1,848) |
| Cash, cash equivalents and restricted cash at beginning of year | 14,834 | 17,788 | |
| Cash, cash equivalents and restricted cash at end of year | 8,841 | 14,834 | 17,788 |
| Supplemental disclosure of cash flow information: | |||
| Income taxes paid | 3,310 | 5,918 | 5,271 |
| Interest paid | 2,051 | 2,237 | 2,216 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALMART INC. | ||
Ticker: WMT Fiscal Year: 2022 | ||
Consolidated Balance Sheets | ||
Period Ending Jan 31, 2023 10-K (Filed: Mar 17, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 31, 2023 | Jan 31, 2022 | |
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $ 8,625 | 14,760 |
| Receivables, net | 7,933 | 8,280 |
| Inventories | 56,576 | 56,511 |
| Prepaid expenses and other | 2,521 | 1,519 |
| Total current assets | 75,655 | 81,070 |
| Property and equipment, net | 100,760 | 94,515 |
| Operating lease right-of-use assets | 13,555 | 13,758 |
| Finance lease right-of-use assets, net | 4,919 | 4,351 |
| Goodwill | 28,174 | 29,014 |
| Other long-term assets | 20,134 | 22,152 |
| Total assets | 243,197 | 244,860 |
| LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST, AND EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings | 372 | 410 |
| Accounts payable | 53,742 | 55,261 |
| Accrued liabilities | 31,126 | 26,060 |
| Accrued income taxes | 727 | 851 |
| Long-term debt due within one year | 4,191 | 2,803 |
| Operating lease obligations due within one year | 1,473 | 1,483 |
| Finance lease obligations due within one year | 567 | 511 |
| Total current liabilities | 92,198 | 87,379 |
| Long-term debt | 34,649 | 34,864 |
| Long-term operating lease obligations | 12,828 | 13,009 |
| Long-term finance lease obligations | 4,843 | 4,243 |
| Deferred income taxes and other | 14,688 | 13,474 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interest | 237 | 0 |
| Equity: | ||
| Common stock | 269 | 276 |
| Capital in excess of par value | 4,969 | 4,839 |
| Retained earnings | 83,135 | 86,904 |
| Accumulated other comprehensive loss | (11,680) | (8,766) |
| Total Walmart shareholders' equity | 76,693 | 83,253 |
| Noncontrolling interest | 7,061 | 8,638 |
| Total equity | 83,754 | 91,891 |
| Total liabilities, redeemable noncontrolling interest, and equity | 243,197 | 244,860 |
| External Links | |
| WALMART INC. (WMT) Fiscal Year 2022 | |