← Walmart Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Consolidated net income | $14.3b | $10.5b | $7.2b | $15.2b | $13.7b | $13.9b | $11.3b | $16.3b | $20.2b | $22.3b | |
| Net Income (Loss) Attributable to Parent | $13.6b | $9.9b | $6.7b | $14.9b | $13.5b | $13.7b | $11.7b | $15.5b | $19.4b | $21.9b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $13.6b | $9.9b | $6.7b | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $14.3b | $10.5b | $7.2b | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $650.0m | $661.0m | $509.0m | $320.0m | $196.0m | $267.0m | ($388.0m) | $759.0m | $721.0m | $377.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $14.3b | $10.5b | $7.2b | $15.2b | $13.7b | $13.9b | $11.3b | $16.3b | $20.2b | $22.3b | |
| Depreciation, Depletion and Amortization | $10.1b | $10.5b | $10.7b | $11.0b | $11.2b | $10.7b | $10.9b | $11.9b | $13.0b | $14.2b | |
| Depreciation, Amortization and Accretion, Net | $10.1b | $10.5b | $10.7b | $11.0b | $11.2b | $10.7b | $10.9b | $11.9b | $13.0b | $14.2b | |
| Deferred Income Tax Expense (Benefit) | $745.0m | ($180.0m) | ($470.0m) | $329.0m | $2.0b | ($759.0m) | $430.0m | ($171.0m) | ($663.0m) | $2.3b | |
| Deferred income taxes | $761.0m | ($304.0m) | ($499.0m) | $320.0m | $1.9b | ($755.0m) | $449.0m | ($175.0m) | ($635.0m) | $2.3b | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $700.0m | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $596.0m | $626.0m | $773.0m | $854.0m | $1.2b | $1.2b | $1.6b | $2.1b | $2.8b | $3.6b | |
| Gain (Loss) on Disposition of Business | — | — | ($4.8b) | ($15.0m) | ($8.4b) | ($433.0m) | $0 | $0 | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | ($3.1b) | $0 | $0 | — | ($2.4b) | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $6.2b | $4.6b | $4.3b | $4.9b | $6.9b | $4.8b | $5.7b | $5.6b | $6.2b | $7.2b | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable | $3.9b | $4.1b | $1.8b | ($274.0m) | $7.0b | $5.5b | ($1.4b) | $2.5b | $3.2b | $1.6b | |
| Accrued capital expenditures | $10.6b | $10.1b | $10.3b | $10.7b | $10.3b | $13.1b | $16.9b | $20.6b | $23.8b | $26.6b | |
| Accrued income taxes | $492.0m | ($557.0m) | ($40.0m) | ($93.0m) | ($136.0m) | $39.0m | ($127.0m) | ($468.0m) | $435.0m | $113.0m | |
| Accrued liabilities | $1.1b | $928.0m | $183.0m | $186.0m | $4.6b | $1.4b | $4.4b | ($1.3b) | $379.0m | $1.6b | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | ($1.7b) | ($3.4b) | ($4.2b) | $1.5b | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $2.0b | |
| Goodwill | $17.0b | $18.2b | $31.2b | $31.1b | $29.0b | $29.0b | $28.2b | $28.1b | $28.8b | $28.7b | |
| Increase (Decrease) in Accounts Payable | $3.9b | $4.1b | $1.8b | ($274.0m) | $7.0b | $5.5b | ($1.4b) | $2.5b | $3.2b | $1.6b | |
| Inventories | $1.0b | ($140.0m) | ($1.3b) | ($300.0m) | ($2.4b) | ($11.8b) | ($528.0m) | $2.0b | ($2.8b) | ($1.4b) | |
| Investment (gains) and losses, net | — | — | — | — | — | — | $1.7b | $3.2b | $878.0m | ($2.0b) | |
| Investment Income, Interest | $100.0m | $152.0m | $217.0m | $189.0m | $121.0m | $158.0m | $254.0m | $546.0m | $483.0m | $368.0m | |
| Net change in short-term borrowings | ($1.7b) | $4.1b | ($53.0m) | ($4.7b) | ($324.0m) | $193.0m | ($34.0m) | $512.0m | $2.2b | $3.5b | |
| Nonoperating Income (Expense) | — | — | ($8.4b) | $2.0b | $210.0m | ($3.0b) | ($1.5b) | ($3.0b) | ($794.0m) | $2.1b | |
| Other operating activities | $206.0m | $1.2b | $1.7b | $2.0b | $1.5b | $1.7b | $1.9b | $2.6b | $2.9b | $4.1b | |
| Payments for property and equipment | $456.0m | $378.0m | $519.0m | $321.0m | $215.0m | $394.0m | $170.0m | $250.0m | $432.0m | $106.0m | |
| Proceeds from disposal of certain strategic investments | — | — | — | — | — | — | $0 | $0 | $4.1b | $927.0m | |
| Purchase of Company stock | ($8.3b) | ($8.3b) | ($7.4b) | ($5.7b) | ($2.6b) | ($9.8b) | ($9.9b) | ($2.8b) | ($4.5b) | ($8.1b) | |
| Receivables, net | ($402.0m) | ($1.1b) | ($368.0m) | $154.0m | ($1.1b) | ($1.8b) | $240.0m | ($797.0m) | ($1.1b) | ($1.1b) | |
| Sale of subsidiary stock | — | — | — | $52.0m | $140.0m | $3.2b | $66.0m | $716.0m | $362.0m | $111.0m | |
| Unrealized Gain (Loss) on Investments | — | — | ($3.5b) | $1.9b | $8.6b | ($2.4b) | ($1.7b) | ($3.2b) | ($878.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $31.5b | $28.3b | $27.8b | $25.3b | $36.1b | $24.2b | $28.8b | $35.7b | $36.4b | $41.6b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.6b | $10.1b | $10.3b | $10.7b | $10.3b | $13.1b | $16.9b | $20.6b | $23.8b | $26.6b | |
| Payments for business acquisitions, net of cash acquired | ($2.5b) | ($375.0m) | ($14.7b) | ($56.0m) | ($180.0m) | ($359.0m) | ($740.0m) | ($9.0m) | ($1.9b) | ($53.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $2.5b | $375.0m | $14.7b | $56.0m | $180.0m | $359.0m | $740.0m | $9.0m | $1.9b | $53.0m | |
| Other investing activities | ($122.0m) | ($58.0m) | ($431.0m) | $479.0m | $102.0m | ($879.0m) | ($295.0m) | ($1.1b) | ($212.0m) | ($688.0m) | |
| Payments for (Proceeds from) Other Investing Activities | $122.0m | $58.0m | $431.0m | ($479.0m) | ($102.0m) | $879.0m | $295.0m | $1.1b | $212.0m | $688.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($14.0b) | ($9.1b) | ($24.0b) | ($9.1b) | ($10.1b) | ($6.0b) | ($17.7b) | ($21.3b) | ($21.4b) | ($26.4b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $137.0m | $7.5b | $15.9b | $5.5b | $0 | $6.9b | $5.0b | $5.0b | $0 | $4.0b | |
| Repayments of Long-term Debt | $2.1b | $13.1b | $3.8b | $1.9b | $5.4b | $13.0b | $2.7b | $4.2b | $3.5b | $2.6b | |
| Payments for Repurchase of Common Stock | $8.3b | $8.3b | $7.4b | $5.7b | $2.6b | $9.8b | $9.9b | $2.8b | $4.5b | $8.1b | |
| Payments of Ordinary Dividends, Common Stock | $6.2b | $6.1b | $6.1b | $6.0b | $6.1b | $6.2b | $6.1b | $6.1b | $6.7b | $7.5b | |
| Purchase of noncontrolling interest | ($90.0m) | ($8.0m) | $0 | $0 | $0 | $0 | ($827.0m) | ($3.5b) | $0 | $0 | |
| Dividends paid | ($6k) | ($6k) | ($6k) | ($6k) | ($6k) | ($6k) | ($6k) | ($6k) | ($7k) | ($8k) | |
| Payments of Dividends | $6.2b | $6.1b | $6.1b | $6.0b | $6.1b | $6.2b | $6.1b | $6.1b | $6.7b | $7.5b | |
| Other financing activities | ($255.0m) | ($261.0m) | ($629.0m) | ($908.0m) | ($1.2b) | ($1.5b) | ($2.1b) | ($2.2b) | ($2.2b) | ($2.5b) | |
| Proceeds from (Payments for) Other Financing Activities | ($255.0m) | ($261.0m) | ($629.0m) | ($908.0m) | ($1.2b) | ($1.5b) | ($2.1b) | ($2.2b) | ($2.2b) | ($2.5b) | |
| Net Cash Provided by (Used in) Financing Activities | ($18.9b) | ($19.9b) | ($2.5b) | ($14.3b) | ($16.1b) | ($22.8b) | ($17.0b) | ($13.4b) | ($14.8b) | ($13.6b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($452.0m) | $487.0m | ($438.0m) | ($69.0m) | $235.0m | ($140.0m) | ($73.0m) | $69.0m | ($641.0m) | $123.0m | |
| Effect of exchange rates on cash, cash equivalents and restricted cash | ($452.0m) | $487.0m | ($438.0m) | ($69.0m) | $235.0m | ($140.0m) | ($73.0m) | $69.0m | ($641.0m) | $123.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($452.0m) | $487.0m | $742.0m | $1.8b | $10.1b | ($4.8b) | ($6.0b) | $1.1b | ($399.0m) | $1.8b | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($1.7b) | ($130.0m) | $742.0m | $1.8b | $10.1b | ($4.8b) | ($6.0b) | $1.1b | ($399.0m) | $1.8b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($452.0m) | $487.0m | $7.8b | $9.5b | $17.8b | $14.8b | $8.8b | $9.9b | $9.5b | $11.3b | |
| Cash, cash equivalents and restricted cash at beginning of year | $7.1b | $7.0b | $7.8b | $9.5b | $17.8b | $14.8b | $8.8b | $9.9b | $9.5b | $11.3b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.4b | $2.5b | $2.3b | $2.5b | $2.2b | $2.2b | $2.1b | $2.5b | $2.7b | $2.8b | |
| Income Taxes Paid, Net | $4.5b | $6.2b | $4.0b | $3.6b | $5.3b | $5.9b | $3.3b | $5.9b | $5.9b | $5.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.