WALMART INC., 10-Q filed on 12/1/2021
Quarterly Report
v3.21.2
Cover Page - shares
9 Months Ended
Oct. 31, 2021
Nov. 29, 2021
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Oct. 31, 2021  
Document Transition Report false  
Entity File Number 001-06991  
Entity Registrant Name WALMART INC.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 71-0415188  
Entity Address, Address Line One 702 S.W. 8th Street  
Entity Address, City or Town Bentonville  
Entity Address, State or Province AR  
Entity Address, Postal Zip Code 72716  
City Area Code 479  
Local Phone Number 273-4000  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   2,773,878,458
Entity Central Index Key 0000104169  
Current Fiscal Year End Date --01-31  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q3  
Amendment Flag false  
Common Stock, par value $0.10 per share    
Document Information [Line Items]    
Title of 12(b) Security Common Stock, par value $0.10 per share  
Trading Symbol WMT  
Security Exchange Name NYSE  
1.900% Notes Due 2022    
Document Information [Line Items]    
Title of 12(b) Security 1.900% Notes Due 2022  
Trading Symbol WMT22  
Security Exchange Name NYSE  
2.550% Notes Due 2026    
Document Information [Line Items]    
Title of 12(b) Security 2.550% Notes Due 2026  
Trading Symbol WMT26  
Security Exchange Name NYSE  
v3.21.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Revenues:        
Net sales $ 139,207 $ 133,752 $ 416,237 $ 404,248
Membership and other income 1,318 956 3,646 2,824
Total revenues 140,525 134,708 419,883 407,072
Costs and expenses:        
Cost of sales 105,023 100,339 313,478 305,054
Operating, selling, general and administrative expenses 29,710 28,591 86,350 84,957
Operating income 5,792 5,778 20,055 17,061
Interest:        
Debt 408 455 1,326 1,542
Finance lease 78 86 241 249
Interest income (44) (25) (111) (91)
Interest, net 442 516 1,456 1,700
Loss on extinguishment of debt 2,410 0 2,410 0
Other (gains) and losses (1,207) (1,853) 2,275 (5,796)
Income before income taxes 4,147 7,115 13,914 21,157
Provision for income taxes 1,015 1,914 3,607 5,443
Consolidated net income 3,132 5,201 10,307 15,714
Consolidated net income attributable to noncontrolling interest (27) (66) (196) (113)
Consolidated net income attributable to Walmart $ 3,105 $ 5,135 $ 10,111 $ 15,601
Net income per common share:        
Basic net income per common share attributable to Walmart (in dollars per share) $ 1.11 $ 1.81 $ 3.61 $ 5.51
Diluted net income per common share attributable to Walmart (in dollars per share) $ 1.11 $ 1.80 $ 3.59 $ 5.48
Weighted-average common shares outstanding:        
Basic (shares) 2,785 2,833 2,799 2,832
Diluted (shares) 2,797 2,849 2,813 2,849
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 2.20 $ 2.16
v3.21.2
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Statement of Comprehensive Income [Abstract]        
Consolidated net income $ 3,132 $ 5,201 $ 10,307 $ 15,714
Consolidated net income attributable to noncontrolling interest (27) (66) (196) (113)
Consolidated net income attributable to Walmart 3,105 5,135 10,111 15,601
Other comprehensive income (loss), net of income taxes        
Currency translation and other (523) 1,262 2,637 (2,408)
Net investment hedges 0 (1) (1,202) (35)
Cash flow hedges (183) 0 (318) 34
Minimum pension liability 1 16 1,972 47
Other comprehensive income (loss), net of income taxes (705) 1,277 3,089 (2,362)
Other comprehensive (income) loss attributable to noncontrolling interest 193 (109) 189 551
Other comprehensive income (loss) attributable to Walmart (512) 1,168 3,278 (1,811)
Comprehensive income, net of income taxes 2,427 6,478 13,396 13,352
Comprehensive (income) loss attributable to noncontrolling interest 166 (175) (7) 438
Comprehensive income attributable to Walmart $ 2,593 $ 6,303 $ 13,389 $ 13,790
v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 31, 2021
Jan. 31, 2021
Oct. 31, 2020
Current assets:      
Cash and cash equivalents $ 16,111 $ 17,741 $ 14,325
Receivables, net 7,349 6,516 5,770
Inventories 57,484 44,949 51,842
Prepaid expenses and other 2,020 20,861 1,665
Total current assets 82,964 90,067 73,602
Property and equipment, net 92,242 92,201 102,232
Operating lease right-of-use assets 13,863 13,642 17,128
Finance lease right-of-use assets, net 4,226 4,005 4,929
Goodwill 28,923 28,983 30,236
Other long-term assets 22,633 23,598 22,736
Total assets 244,851 252,496 250,863
Current liabilities:      
Short-term borrowings 447 224 240
Accounts payable 57,156 49,141 54,152
Dividends payable 1,528 0 1,529
Accrued liabilities 24,474 37,966 24,995
Accrued income taxes 446 242 548
Long-term debt due within one year 1,575 3,115 4,358
Operating lease obligations due within one year 1,486 1,466 1,725
Finance lease obligations due within one year 508 491 574
Total current liabilities 87,620 92,645 88,121
Long-term debt 36,425 41,194 40,849
Long-term operating lease obligations 13,095 12,909 15,982
Long-term finance lease obligations 4,061 3,847 4,750
Deferred income taxes and other 12,893 14,370 13,657
Commitments and contingencies
Equity:      
Common stock 277 282 283
Capital in excess of par value 4,811 3,646 3,485
Retained earnings 85,674 88,763 92,279
Accumulated other comprehensive loss (8,488) (11,766) (14,616)
Total Walmart shareholders' equity 82,274 80,925 81,431
Noncontrolling interest 8,483 6,606 6,073
Total equity 90,757 87,531 87,504
Total liabilities and equity $ 244,851 $ 252,496 $ 250,863
v3.21.2
Condensed Consolidated Statement Of Shareholders' Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Total Walmart Shareholders' Equity
Noncontrolling Interest
Beginning balance (in shares) at Jan. 31, 2020   2,832          
Beginning balance at Jan. 31, 2020 $ 81,552 $ 284 $ 3,247 $ 83,943 $ (12,805) $ 74,669 $ 6,883
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 4,074     3,990   3,990 84
Other comprehensive income (loss), net of income taxes (4,075)       (3,363) (3,363) (712)
Dividends declared (6,117)     (6,117)   (6,117)  
Purchase of Company stock (in shares)   (6)          
Purchase of Company stock (693) $ (1) (26) (666)   (693)  
Dividends declared to noncontrolling interests (359)           (359)
Sale of subsidiary stock 19   13 0   13 6
Other (in shares)   6          
Other (291) $ 1 (251) (9)   (259) (32)
Ending balance (in shares) at Apr. 30, 2020   2,832          
Ending balance at Apr. 30, 2020 74,110 $ 284 2,983 81,141 (16,168) 68,240 5,870
Beginning balance (in shares) at Jan. 31, 2020   2,832          
Beginning balance at Jan. 31, 2020 81,552 $ 284 3,247 83,943 (12,805) 74,669 6,883
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 15,714            
Other comprehensive income (loss), net of income taxes (2,362)            
Ending balance (in shares) at Oct. 31, 2020   2,831          
Ending balance at Oct. 31, 2020 87,504 $ 283 3,485 92,279 (14,616) 81,431 6,073
Beginning balance (in shares) at Apr. 30, 2020   2,832          
Beginning balance at Apr. 30, 2020 74,110 $ 284 2,983 81,141 (16,168) 68,240 5,870
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 6,439     6,476   6,476 (37)
Other comprehensive income (loss), net of income taxes 436       384 384 52
Dividends declared to noncontrolling interests (3)           (3)
Sale of subsidiary stock 11   8 0   8 3
Other (in shares)   2          
Other 204 $ (1) 206 (3)   202 2
Ending balance (in shares) at Jul. 31, 2020   2,834          
Ending balance at Jul. 31, 2020 81,197 $ 283 3,197 87,614 (15,784) 75,310 5,887
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 5,201     5,135   5,135 66
Other comprehensive income (loss), net of income taxes 1,277       1,168 1,168 109
Purchase of Company stock (in shares)   (4)          
Purchase of Company stock (486)   (17) (469)   (486)  
Dividends declared to noncontrolling interests (8)           (8)
Sale of subsidiary stock 86   5 0   5 81
Other (in shares)   1          
Other 237   300 (1)   299 (62)
Ending balance (in shares) at Oct. 31, 2020   2,831          
Ending balance at Oct. 31, 2020 87,504 $ 283 3,485 92,279 (14,616) 81,431 6,073
Beginning balance (in shares) at Jan. 31, 2021   2,821          
Beginning balance at Jan. 31, 2021 87,531 $ 282 3,646 88,763 (11,766) 80,925 6,606
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 2,811     2,730   2,730 81
Other comprehensive income (loss), net of income taxes 3,746       3,820 3,820 (74)
Dividends declared (6,200)     (6,200)   (6,200)  
Purchase of Company stock (in shares)   (21)          
Purchase of Company stock (2,832) $ (2) (112) (2,718)   (2,832)  
Dividends declared to noncontrolling interests (408)           (408)
Sale of subsidiary stock 75   18     18 57
Other (in shares)   5          
Other (131)   (128) 2   (126) (5)
Ending balance (in shares) at Apr. 30, 2021   2,805          
Ending balance at Apr. 30, 2021 84,592 $ 280 3,424 82,577 (7,946) 78,335 6,257
Beginning balance (in shares) at Jan. 31, 2021   2,821          
Beginning balance at Jan. 31, 2021 87,531 $ 282 3,646 88,763 (11,766) 80,925 6,606
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 10,307            
Other comprehensive income (loss), net of income taxes 3,089            
Ending balance (in shares) at Oct. 31, 2021   2,778          
Ending balance at Oct. 31, 2021 90,757 $ 277 4,811 85,674 (8,488) 82,274 8,483
Beginning balance (in shares) at Apr. 30, 2021   2,805          
Beginning balance at Apr. 30, 2021 84,592 $ 280 3,424 82,577 (7,946) 78,335 6,257
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 4,364     4,276   4,276 88
Other comprehensive income (loss), net of income taxes 48       (30) (30) 78
Purchase of Company stock (in shares)   (17)          
Purchase of Company stock (2,369) $ (2) (94) (2,273)   (2,369)  
Dividends declared to noncontrolling interests (10)           (10)
Sale of subsidiary stock 177   6     6 171
Other (in shares)   3          
Other 325   319 (8)   311 14
Ending balance (in shares) at Jul. 31, 2021   2,791          
Ending balance at Jul. 31, 2021 87,127 $ 278 3,655 84,572 (7,976) 80,529 6,598
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 3,132     3,105   3,105 27
Other comprehensive income (loss), net of income taxes (705)       (512) (512) (193)
Dividends declared 45     45   45  
Purchase of Company stock (in shares)   (14)          
Purchase of Company stock (2,132) $ (1) (87) (2,044)   (2,132)  
Dividends declared to noncontrolling interests (6)           (6)
Sale of subsidiary stock 2,979   922     922 2,057
Other (in shares)   1          
Other 317   321 (4)   317 0
Ending balance (in shares) at Oct. 31, 2021   2,778          
Ending balance at Oct. 31, 2021 $ 90,757 $ 277 $ 4,811 $ 85,674 $ (8,488) $ 82,274 $ 8,483
v3.21.2
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Statement of Stockholders' Equity [Abstract]        
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 2.20 $ 2.16
v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities:    
Consolidated net income $ 10,307 $ 15,714
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 7,952 8,333
Net unrealized and realized (gains) and losses 1,831 (6,883)
Losses on disposal of business operations 433 1,028
Deferred income taxes (1,402) 1,246
Loss on extinguishment of debt 2,410 0
Other operating activities 1,057 930
Changes in certain assets and liabilities, net of effects of acquisitions and dispositions:    
Receivables, net (842) 165
Inventories (12,663) (8,260)
Accounts payable 7,906 8,553
Accrued liabilities (722) 1,796
Accrued income taxes 24 258
Net cash provided by operating activities 16,291 22,880
Cash flows from investing activities:    
Payments for property and equipment (8,588) (6,438)
Proceeds from the disposal of property and equipment 290 99
Proceeds from disposal of certain operations, net of divested cash 7,935 12
Payments for business acquisitions, net of cash acquired (248) (180)
Other investing activities (919) 0
Net cash used in investing activities (1,530) (6,507)
Cash flows from financing activities:    
Net change in short-term borrowings 228 (301)
Proceeds from issuance of long-term debt 6,945 0
Repayments of long-term debt (13,010) (4,132)
Premiums paid to extinguish debt (2,317) 0
Dividends paid (4,627) (4,582)
Purchase of Company stock (7,368) (1,186)
Dividends paid to noncontrolling interest (20) (76)
Sale of subsidiary stock 3,231 116
Other financing activities (1,175) (1,179)
Net cash used in financing activities (18,113) (11,340)
Effect of exchange rates on cash, cash equivalents and restricted cash (118) (170)
Net increase (decrease) in cash, cash equivalents and restricted cash (3,470) 4,863
Change in cash and cash equivalents classified as held for sale 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 period $ 16,166 $ 14,378
v3.21.2
Summary of Significant Accounting Policies
9 Months Ended
Oct. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Basis of Presentation
The Condensed Consolidated Financial Statements of Walmart Inc. and its subsidiaries ("Walmart" or the "Company") and the accompanying notes included in this Quarterly Report on Form 10-Q are unaudited. In the opinion of management, all adjustments necessary for the fair presentation of the Condensed Consolidated Financial Statements have been included. Such adjustments are of a normal, recurring nature. Certain previously reported amounts have been reclassified to conform to the current year presentation. The Condensed Consolidated Financial Statements, and the accompanying notes, are prepared in accordance with generally accepted accounting principles in the United States ("GAAP") and do not contain certain information included in the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2021 ("fiscal 2021"). Therefore, the interim Condensed Consolidated Financial Statements should be read in conjunction with that Annual Report on Form 10-K.
The Company's Consolidated Financial Statements are based on a fiscal year ending January 31 for the United States ("U.S.") and Canadian operations. The Company consolidates all other operations generally using a one-month lag based on a calendar year. There were no significant intervening events during the month of October 2021 related to the consolidated operations using a lag that materially affected the Condensed Consolidated Financial Statements.
The Company's business is seasonal to a certain extent due to calendar events and national and religious holidays, as well as weather patterns. Historically, the Company's highest sales volume and operating income have occurred in the fiscal quarter ending January 31.
Use of Estimates
The Condensed Consolidated Financial Statements have been prepared in conformity with GAAP. Those principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities. Management's estimates and assumptions also affect the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ materially from those estimates.
Investments
Investments in equity and debt securities are recorded in other long-term assets in the Condensed Consolidated Balance Sheets. Changes in fair value of equity securities measured on a recurring basis are recognized in other gains and losses in the Condensed Consolidated Statements of Income. Refer to Note 5 for details. Equity investments without readily determinable fair values are carried at cost and are adjusted for any observable price changes or impairments within other gains and losses in the Condensed Consolidated Statements of Income. Investments in debt securities classified as trading are reported at fair value with interest income recorded in interest income in the Condensed Consolidated Statements of Income. As of October 31, 2021, the Company had $1.0 billion in debt securities classified as trading.
Indemnification Liabilities
The Company has provided certain indemnifications in connection with its divestitures and has recorded indemnification liabilities equal to the estimated fair value of the obligations upon inception. As of October 31, 2021 and January 31, 2021, the Company had $0.8 billion and $0.6 billion, respectively, of certain legal and tax indemnification liabilities recorded within deferred income taxes and other in the Condensed Consolidated Balance Sheets. The maximum amount of potential future payments under these indemnities was $3.5 billion, based on exchange rates as of October 31, 2021.
v3.21.2
Net Income Per Common Share
9 Months Ended
Oct. 31, 2021
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share
Basic net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period. Diluted net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period adjusted for the dilutive effect of share-based awards. The Company did not have significant share-based awards outstanding that were anti-dilutive and not included in the calculation of diluted net income per common share attributable to Walmart for the three and nine months ended October 31, 2021 and 2020.
The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted net income per common share attributable to Walmart:
Three Months Ended October 31,Nine Months Ended October 31,
(Amounts in millions, except per share data)2021202020212020
Numerator
Consolidated net income$3,132 $5,201 $10,307 $15,714 
Consolidated net income attributable to noncontrolling interest(27)(66)(196)(113)
Consolidated net income attributable to Walmart$3,105 $5,135 $10,111 $15,601 
Denominator
Weighted-average common shares outstanding, basic2,785 2,833 2,799 2,832 
Dilutive impact of share-based awards12 16 14 17 
Weighted-average common shares outstanding, diluted2,797 2,849 2,813 2,849 
Net income per common share attributable to Walmart
Basic$1.11 $1.81 $3.61 $5.51 
Diluted1.11 1.80 3.59 5.48 
v3.21.2
Accumulated Other Comprehensive Loss
9 Months Ended
Oct. 31, 2021
Other Comprehensive Income (Loss), Tax [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss for derivative instruments are generally recorded in interest, net, in the Company's Condensed Consolidated Statements of Income. Amounts for the minimum pension liability, as well as the cumulative translation and any related net investment hedge impacts resulting from a disposition of a business, are recorded in other gains and losses in the Company's Condensed Consolidated Statements of Income. The following tables provide the changes in the composition of total accumulated other comprehensive loss:
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2021$(10,772)$1,296 $(304)$(1,986)$(11,766)
Other comprehensive loss before reclassifications, net(225)(7)(26)(1)(259)
Reclassifications related to business dispositions, net(1)
3,258 (1,195)30 1,966 4,059 
Reclassifications to income, net— — 16 20 
Balances as of April 30, 2021$(7,739)$94 $(284)$(17)$(7,946)
Other comprehensive income (loss) before reclassifications, net123 — (193)(3)(73)
Reclassifications to income, net— — 38 43 
Balances as of July 31, 2021$(7,616)$94 $(439)$(15)$(7,976)
Other comprehensive income (loss) before reclassifications, net(330)— (181)(507)
Reclassifications to income, net— — (2)(3)(5)
Balances as of October 31, 2021$(7,946)$94 $(622)$(14)$(8,488)
(1) Upon closing of the sale of the Company's operations in the U.K. and Japan during the first quarter of fiscal 2022, these amounts were released from accumulated other comprehensive loss, the majority of which was considered in the impairment evaluation when the individual disposal groups met the held for sale classification in fiscal 2021.
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2020$(11,827)$1,517 $(539)$(1,956)$(12,805)
Other comprehensive income (loss) before reclassifications, net(3,256)157 (295)(4)(3,398)
Reclassifications to income, net— — 16 19 35 
Balances as of April 30, 2020$(15,083)$1,674 $(818)$(1,941)$(16,168)
Other comprehensive income (loss) before reclassifications, net246 (191)303 (2)356 
Reclassifications to income, net— — 10 18 28 
Balances as of July 31, 2020$(14,837)$1,483 $(505)$(1,925)$(15,784)
Other comprehensive income (loss) before reclassifications, net1,153 (1)(13)(3)1,136 
Reclassifications to income, net— — 13 19 32 
Balances as of October 31, 2020$(13,684)$1,482 $(505)$(1,909)$(14,616)
v3.21.2
Short-term Borrowings and Long-term Debt
9 Months Ended
Oct. 31, 2021
Debt Disclosure [Abstract]  
Short-term Borrowings and Long-term Debt Short-term Borrowings and Long-term Debt
The Company has various committed lines of credit in the U.S. that are used to support its commercial paper program. In April 2021, the Company renewed and extended its existing 364-day revolving credit facility of $10.0 billion as well as its five-year credit facility of $5.0 billion. In total, the Company had committed lines of credit in the U.S. of $15.0 billion at October 31, 2021 and January 31, 2021, all undrawn.
The following table provides the changes in the Company's long-term debt for the nine months ended October 31, 2021:
(Amounts in millions)Long-term debt due within one yearLong-term debtTotal
Balances as of February 1, 2021$3,115 $41,194 $44,309 
Proceeds from issuance of long-term debt— 6,945 6,945 
Repayments of long-term debt(3,010)(10,000)(13,010)
Reclassifications of long-term debt1,461 (1,461)— 
Other(253)(244)
Balances as of October 31, 2021$1,575 $36,425 $38,000 
Debt Issuances
Information on significant long-term debt issued during the nine months ended October 31, 2021, for general corporate purposes and certain eligible green initiatives, is as follows:
(Amounts in millions)
Issue DatePrincipal AmountMaturity DateFixed vs. FloatingInterest RateNet Proceeds
September 17, 2021$1,250September 17, 2026Fixed1.050%$1,243 
September 22, 2021$1,250September 22, 2028Fixed1.500%1,244 
September 22, 2021 (1)
$2,000September 22, 2031Fixed1.800%1,981 
September 22, 2021$1,000September 22, 2041Fixed2.500%994 
September 22, 2021$1,500September 22, 2051Fixed2.650%1,483 
Total$6,945 
(1) Represents a green bond issuance for which an amount equal to the net proceeds is intended to fund certain eligible green investment initiatives through the maturity date of the bond.
These issuances are senior, unsecured notes which rank equally with all other senior, unsecured debt obligations of the Company, and are not convertible or exchangeable. These issuances do not contain any financial covenants and do not restrict the Company's ability to pay dividends or repurchase company stock.
Maturities and Extinguishments
The following table provides details of debt repayments during the nine months ended October 31, 2021:
(Amounts in millions)
Maturity DatePrincipal AmountFixed vs. FloatingInterest Rate
Repayment(1)
April 15, 2021$510Fixed4.250%$510 
June 23, 2021$750FloatingFloating750
June 23, 2021$1,750Fixed3.125%1,750
Total repayment of matured debt3,010
June 26, 2023$2,750Fixed3.400%470 
October 15, 2023$152Fixed6.750%
July 8, 2024$1,500Fixed2.850%510 
December 15, 2024$1,000Fixed2.650%370 
June 26, 2025$1,500Fixed3.550%625 
July 8, 2026$1,250Fixed3.050%451 
April 5, 2027$483Fixed5.875%110 
June 26, 2028$2,750Fixed3.700%1,271 
July 8, 2029$1,250Fixed3.250%517 
September 24, 2029$500Fixed2.375%181 
February 15, 2030$588Fixed7.550%119 
September 1, 2035$1,968Fixed5.250%635
August 15, 2037$1,300Fixed6.500%262
April 15, 2038$919Fixed6.200%116
June 28, 2038$1,500Fixed3.950%925
April 1, 2040$751Fixed5.625%142
July 8, 2040$378Fixed4.875%101
October 25, 2040$519Fixed5.000%125
April 15, 2041$918Fixed5.625%305
April 11, 2043$709Fixed4.000%296
October 2, 2043$269Fixed4.750%38
April 22, 2044$502Fixed4.300%172
December 15, 2047$1,000Fixed3.625%566
June 29, 2048$3,000Fixed4.050%1,317
September 24, 2049$1,000Fixed2.950%371
Total repayment of extinguished debt(2)
10,000 
Total$13,010 
(1) Represents portion of the outstanding principal amount which was repaid during the nine months ended October 31, 2021.
(2) Individual repayment amounts may not sum due to rounding.
The Company recorded a $2.4 billion loss on extinguishment of debt during the three and nine months ended October 31, 2021, which included payment of $2.3 billion in early extinguishment premiums.
v3.21.2
Fair Value Measurements
9 Months Ended
Oct. 31, 2021
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets and liabilities recorded at fair value are measured using the fair value hierarchy, which prioritizes the inputs used in measuring fair value. The levels of the fair value hierarchy are:
Level 1: observable inputs such as quoted prices in active markets;
Level 2: inputs other than quoted prices in active markets that are either directly or indirectly observable; and
Level 3: unobservable inputs for which little or no market data exists, therefore requiring the Company to develop its own assumptions.
As described in Note 1, the Company measures the fair value of certain equity investments on a recurring basis in the accompanying Condensed Consolidated Balance Sheets. The fair value of the Company's equity investments measured on a recurring basis is as follows:
(Amounts in millions)Fair Value as of October 31, 2021Fair Value as of January 31, 2021
Equity investments measured using Level 1 inputs$6,124 $6,517 
Equity investments measured using Level 2 inputs6,340 7,905 
Total$12,464 $14,422 
Derivatives
The Company also has derivatives recorded at fair value. Derivative fair values are the estimated amounts the Company would receive or pay upon termination of the related derivative agreements as of the reporting dates. The fair values have been measured using the income approach and Level 2 inputs, which include the relevant interest rate and foreign currency forward curves. As of October 31, 2021 and January 31, 2021, the notional amounts and fair values of these derivatives were as follows:
 October 31, 2021January 31, 2021
(Amounts in millions)Notional AmountFair ValueNotional AmountFair Value
Receive fixed-rate, pay variable-rate interest rate swaps designated as fair value hedges$4,719 $91 
(1)
$3,250 $166 
(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as net investment hedges— — 1,250 311 
(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges8,086 (881)
(2)
5,073 (394)
(2)
Total$12,805 $(790)$9,573 $83 
(1)Classified primarily in other long-term assets within the Company's Condensed Consolidated Balance Sheets.
(2)Classified primarily in deferred income taxes and other within the Company's Condensed Consolidated Balance Sheets.
Nonrecurring Fair Value Measurements
In addition to assets and liabilities recorded at fair value on a recurring basis, the Company's assets and liabilities are also subject to nonrecurring fair value measurements. Generally, assets are recorded at fair value on a nonrecurring basis as a result of impairment charges.
As of January 31, 2021, the Company's operations in the U.K. ("Asda") and operations in Japan ("Seiyu") met the held for sale criteria, and as a result the Company recorded non-recurring impairment charges in the fourth quarter of fiscal 2021 as the carrying value of the disposal groups exceeded their fair value, less costs to sell. Upon completing the sales of Asda in February 2021 and Seiyu in March 2021, the Company recorded incremental non-recurring impairment charges of $0.4 billion in the first quarter of fiscal 2022 within other gains and losses in the Condensed Consolidated Statements of Income. Refer to Note 6. The Company did not have other material assets or liabilities resulting in nonrecurring fair value measurements as of October 31, 2021.
Other Fair Value Disclosures
The Company records cash and cash equivalents, restricted cash, and short-term borrowings at cost. The carrying values of these instruments approximate their fair value due to their short-term maturities.
The Company's long-term debt is also recorded at cost. The fair value is estimated using Level 2 inputs based on the Company's current incremental borrowing rate for similar types of borrowing arrangements. The carrying value and fair value of the Company's long-term debt as of October 31, 2021 and January 31, 2021, are as follows: 
 October 31, 2021January 31, 2021
(Amounts in millions)Carrying ValueFair ValueCarrying ValueFair Value
Long-term debt, including amounts due within one year$38,000 $44,354 $44,309 $54,240 
v3.21.2
Divestitures
9 Months Ended
Oct. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Divestitures Divestitures
During fiscal 2022, the Company completed the following transactions related to the Company's Walmart International segment. After closing these transactions, total assets of the Walmart International segment were $94.8 billion as of October 31, 2021, as compared to $109.4 billion as of January 31, 2021.
Asda
In February 2021, the Company completed the divestiture of Asda, the Company's retail operations in the U.K., for net consideration of $9.6 billion. Upon closing of the transaction, the Company recorded an incremental pre-tax loss of $0.2 billion
in other gains and losses in its Condensed Consolidated Statement of Income in the first quarter of fiscal 2022, primarily related to changes in the net assets of the disposal group, currency exchange rate fluctuations and customary purchase price adjustments upon closing. During the first quarter of fiscal 2022, the Company deconsolidated the financial statements of Asda and recognized its retained investment in Asda as a debt security within other long-term assets and also recognized certain legal and tax indemnity liabilities within deferred income taxes and other on the Condensed Consolidated Balance Sheet.
Seiyu
In March 2021, the Company completed the divestiture of Seiyu, the Company's retail operations in Japan, for net consideration of $1.2 billion. Upon closing of the transaction, the Company recorded an incremental pre-tax loss of $0.2 billion in other gains and losses in its Condensed Consolidated Statement of Income in the first quarter of fiscal 2022, primarily related to changes in the net assets of the disposal group, currency exchange rate fluctuations and customary purchase price adjustments upon closing. During the first quarter of fiscal 2022, the Company deconsolidated the financial statements of Seiyu and recognized its retained 15 percent ownership interest in Seiyu as an equity investment within other long-term assets on the Condensed Consolidated Balance Sheet.
v3.21.2
Contingencies
9 Months Ended
Oct. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Contingencies Contingencies
Legal Proceedings
The Company is involved in a number of legal proceedings. The Company has made accruals with respect to these matters, where appropriate, which are reflected in the Company's Condensed Consolidated Financial Statements. For some matters, a liability is not probable or the amount cannot be reasonably estimated and therefore an accrual has not been made. However, where a liability is reasonably possible and may be material, such matters have been disclosed. The Company may enter into discussions regarding settlement of these matters, and may enter into settlement agreements, if it believes settlement is in the best interest of the Company and its shareholders.
Unless stated otherwise, the matters discussed below, if decided adversely or settled by the Company, individually or in the aggregate, may result in a liability material to the Company's financial condition, results of operations or cash flows.
Opioids Litigation
In December 2017, the United States Judicial Panel on Multidistrict Litigation consolidated numerous lawsuits filed against a wide array of defendants by various plaintiffs, including counties, cities, healthcare providers, Native American tribes, individuals, and third-party payers, asserting claims generally concerning the impacts of widespread opioid abuse. The consolidated multidistrict litigation is entitled In re National Prescription Opiate Litigation (MDL No. 2804) (the "MDL") and is pending in the U.S. District Court for the Northern District of Ohio. The Company is named as a defendant in some of the cases included in this multidistrict litigation. The liability phase of a trial in one of the MDL cases began on October 4, 2021 against a number of parties, including the Company, regarding opioid dispensing claims. On November 23, 2021, the jury found in favor of the plaintiffs as to the liability of all defendants, including the Company. The Company intends to appeal this verdict.
Similar cases that name the Company have also been filed in state courts by state, local and tribal governments, health care providers and other plaintiffs. Plaintiffs are seeking compensatory and punitive damages, as well as injunctive relief including abatement. The Company cannot predict the number of such claims that may be filed, but believes it has substantial factual and legal defenses to these claims, and intends to defend the claims vigorously. The Company has also been responding to subpoenas, information requests and investigations from governmental entities related to nationwide controlled substance dispensing and distribution practices involving opioids.
On October 22, 2020, the Company filed a declaratory judgment action in the U.S. District Court for the Eastern District of Texas against the U.S. Department of Justice (the "DOJ") and the U.S. Drug Enforcement Administration, asking a federal court to clarify the roles and responsibilities of pharmacists and pharmacies as to the dispensing and distribution of opioids under the Controlled Substances Act (the "CSA"). The Company’s action was dismissed. The Company has appealed this decision to the Fifth Circuit and awaits the court's decision.
On December 22, 2020, the DOJ filed a civil complaint in the U.S. District Court for the District of Delaware alleging that the Company unlawfully dispensed controlled substances from its pharmacies and unlawfully distributed controlled substances to those pharmacies. The complaint alleges that this conduct resulted in violations of the CSA. The DOJ is seeking civil penalties and injunctive relief. The Company filed a motion to dismiss the DOJ complaint on February 22, 2021. The DOJ filed its opposition brief on April 23, 2021 and the Company filed its reply brief on May 24, 2021. On November 19, 2021, the District Court stayed further proceedings in the DOJ complaint pending the decision of the United States Supreme Court in two consolidated cases (not involving Walmart) interpreting the CSA.
In addition, the Company is the subject of two securities class actions alleging violations of the federal securities laws regarding the Company's disclosures with respect to opioids, filed in the U.S. District Court for the District of Delaware on January 20, 2021 and March 5, 2021 purportedly on behalf of a class of investors who acquired Walmart stock from March 30, 2016
through December 22, 2020. Those cases have been consolidated. On October 8, 2021, the defendants filed a motion to dismiss the consolidated securities action. Derivative actions were also filed by two of the Company's shareholders in the U.S. District Court for the District of Delaware on February 9, 2021 and April 16, 2021 alleging breach of fiduciary duties against certain of its current and former directors with respect to oversight of the Company's distribution and dispensing of opioids and also alleging violations of the federal securities laws and other breaches of duty by current directors and two current officers in connection with the Company's opioids disclosures. On September 27, 2021, three shareholders filed a derivative action in the Delaware Court of Chancery alleging that certain members of the current Board and certain former officers breached their fiduciary duties in failing to adequately oversee the Company's prescription opioids business.
The Company cannot reasonably estimate any loss or range of loss that may arise from the various Opioids Litigation and intends to vigorously defend these litigation matters. Accordingly, the Company can provide no assurance as to the scope and outcome of these matters and no assurance as to whether its business, financial position, results of operations or cash flows will not be materially adversely affected.
Asda Equal Value Claims
Prior to the divestiture of Asda, the Company, through its Asda subsidiary, was a defendant in certain equal value claims that began in 2008 and are proceeding before an Employment Tribunal in Manchester in the United Kingdom on behalf of current and former Asda store employees (the "Asda Equal Value Claims"), and further claims may be asserted in the future. Subsequent to the divestiture of Asda in February 2021, the Company will continue to conduct the defense of these claims. While potential liability for these claims remains with Asda, the Company has agreed to provide indemnification with respect to these claims up to a contractually determined amount. The Company cannot predict the number of such claims that may be filed, and cannot reasonably estimate any loss or range of loss that may arise related to these proceedings. Accordingly, the Company can provide no assurance as to the scope and outcomes of these matters.
v3.21.2
Segments and Disaggregated Revenue
9 Months Ended
Oct. 31, 2021
Segment Reporting Information, Profit (Loss) [Abstract]  
Segments and Disaggregated Revenue Segments and Disaggregated Revenue
Segments
The Company is engaged in the operation of retail, wholesale, eCommerce websites and other units located throughout the U.S., Africa, Canada, Central America, Chile, China, India and Mexico. The Company's operations are conducted in three reportable segments: Walmart U.S., Walmart International and Sam's Club. The Company defines its segments as those operations whose results the chief operating decision maker ("CODM") regularly reviews to analyze performance and allocate resources. The Company sells similar individual products and services in each of its segments. It is impractical to segregate and identify revenues for each of these individual products and services.
The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce and omni-channel initiatives. The Walmart International segment consists of the Company's operations outside of the U.S., as well as eCommerce and omni-channel initiatives. The Sam's Club segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives. Corporate and support consists of corporate overhead and other items not allocated to any of the Company's segments.
The Company measures the results of its segments using, among other measures, each segment's net sales and operating income, which includes certain corporate overhead allocations. From time to time, the Company revises the measurement of each segment's operating income and other measures, including any corporate overhead allocations, as determined by the information regularly reviewed by its CODM. When the measurement of a segment significantly changes, previous period amounts and balances are reclassified to be comparable to the current period's presentation.
Net sales by segment are as follows:
 Three Months Ended October 31,Nine Months Ended October 31,
(Amounts in millions)
2021202020212020
Net sales:
Walmart U.S.$96,609 $88,353 $287,968 $270,378 
Walmart International23,627 29,554 73,962 86,487 
Sam's Club18,971 15,845 54,307 47,383 
Net sales$139,207 $133,752 $416,237 $404,248 
Operating income by segment, as well as operating loss for corporate and support, interest, net, loss on extinguishment of debt and other gains and losses are as follows:
 Three Months Ended October 31,Nine Months Ended October 31,
(Amounts in millions)
2021202020212020
Operating income (loss):
Walmart U.S.$4,860 $4,589 $16,404 $13,948 
Walmart International871 1,078 2,926 2,696 
Sam's Club475 431 1,710 1,517 
Corporate and support(414)(320)(985)(1,100)
Operating income5,792 5,778 20,055 17,061 
Interest, net442 516 1,456 1,700 
Loss on extinguishment of debt2,410 — 2,410 — 
Other (gains) and losses(1,207)(1,853)2,275 (5,796)
Income before income taxes$4,147 $7,115 $13,914 $21,157 
Disaggregated Revenues
In the following tables, segment net sales are disaggregated by either merchandise category or by market. From time to time, the Company revises the assignment of net sales of a particular item to a merchandise category. When the assignment changes, previous period amounts are reclassified to be comparable to the current period's presentation.
In addition, net sales related to eCommerce are provided for each segment, which include omni-channel sales, where a customer initiates an order digitally and the order is fulfilled through a store or club.
(Amounts in millions)Three Months Ended October 31,Nine Months Ended October 31,
Walmart U.S. net sales by merchandise category2021202020212020
Grocery$55,560 $50,683 $161,600 $155,149 
General merchandise28,544 26,927 90,858 84,075 
Health and wellness11,030 9,806 31,480 28,560 
Other categories1,475 937 4,030 2,594 
Total$96,609 $88,353 $287,968 $270,378 
Of Walmart U.S.'s total net sales, approximately $11.1 billion and $10.3 billion related to eCommerce for the three months ended October 31, 2021 and 2020, respectively, and approximately $33.6 billion and $29.1 billion related to eCommerce for the nine months ended October 31, 2021 and 2020, respectively.
(Amounts in millions)Three Months Ended October 31,Nine Months Ended October 31,
Walmart International net sales by market2021202020212020
Mexico and Central America$8,718 $7,429 $25,706 $23,133 
United Kingdom— 7,249 3,811 21,079 
Canada5,507 4,969 15,847 14,383 
China3,538 2,787 10,313 8,735 
Other5,864 7,120 18,285 19,157 
Total$23,627 $29,554 $73,962 $86,487 
Of Walmart International's total net sales, approximately $4.3 billion related to eCommerce for each of the three months ended October 31, 2021 and 2020, respectively, and approximately $12.7 billion and $10.5 billion related to eCommerce for the nine months ended October 31, 2021 and 2020, respectively.
(Amounts in millions)Three Months Ended October 31,Nine Months Ended October 31,
Sam’s Club net sales by merchandise category2021202020212020
Grocery and consumables$12,335 $10,450 $35,018 $31,526 
Fuel, tobacco and other categories2,932 1,942 8,047 6,023 
Home and apparel1,976 1,693 6,252 4,926 
Health and wellness1,037 1,017 2,934 2,849 
Technology, office and entertainment691 743 2,056 2,059 
Total$18,971 $15,845 $54,307 $47,383 
Of Sam's Club's total net sales, approximately $1.7 billion and $1.3 billion related to eCommerce for the three months ended October 31, 2021 and 2020, respectively, and approximately $4.9 billion and $3.7 billion related to eCommerce for the nine months ended October 31, 2021 and 2020, respectively.
v3.21.2
Summary of Significant Accounting Policies (Policies)
9 Months Ended
Oct. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation
Basis of Presentation
The Condensed Consolidated Financial Statements of Walmart Inc. and its subsidiaries ("Walmart" or the "Company") and the accompanying notes included in this Quarterly Report on Form 10-Q are unaudited. In the opinion of management, all adjustments necessary for the fair presentation of the Condensed Consolidated Financial Statements have been included. Such adjustments are of a normal, recurring nature. Certain previously reported amounts have been reclassified to conform to the current year presentation. The Condensed Consolidated Financial Statements, and the accompanying notes, are prepared in accordance with generally accepted accounting principles in the United States ("GAAP") and do not contain certain information included in the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2021 ("fiscal 2021"). Therefore, the interim Condensed Consolidated Financial Statements should be read in conjunction with that Annual Report on Form 10-K.
The Company's Consolidated Financial Statements are based on a fiscal year ending January 31 for the United States ("U.S.") and Canadian operations. The Company consolidates all other operations generally using a one-month lag based on a calendar year. There were no significant intervening events during the month of October 2021 related to the consolidated operations using a lag that materially affected the Condensed Consolidated Financial Statements.
The Company's business is seasonal to a certain extent due to calendar events and national and religious holidays, as well as weather patterns. Historically, the Company's highest sales volume and operating income have occurred in the fiscal quarter ending January 31.
Use of Estimates
Use of Estimates
The Condensed Consolidated Financial Statements have been prepared in conformity with GAAP. Those principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities. Management's estimates and assumptions also affect the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ materially from those estimates.
Investments InvestmentsInvestments in equity and debt securities are recorded in other long-term assets in the Condensed Consolidated Balance Sheets. Changes in fair value of equity securities measured on a recurring basis are recognized in other gains and losses in the Condensed Consolidated Statements of Income. Refer to Note 5 for details. Equity investments without readily determinable fair values are carried at cost and are adjusted for any observable price changes or impairments within other gains and losses in the Condensed Consolidated Statements of Income. Investments in debt securities classified as trading are reported at fair value with interest income recorded in interest income in the Condensed Consolidated Statements of Income.
Indemnification Liabilities Indemnification LiabilitiesThe Company has provided certain indemnifications in connection with its divestitures and has recorded indemnification liabilities equal to the estimated fair value of the obligations upon inception.
v3.21.2
Net Income Per Common Share (Tables)
9 Months Ended
Oct. 31, 2021
Earnings Per Share [Abstract]  
Schedule of calculation of numerator and denominator in earnings per share
The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted net income per common share attributable to Walmart:
Three Months Ended October 31,Nine Months Ended October 31,
(Amounts in millions, except per share data)2021202020212020
Numerator
Consolidated net income$3,132 $5,201 $10,307 $15,714 
Consolidated net income attributable to noncontrolling interest(27)(66)(196)(113)
Consolidated net income attributable to Walmart$3,105 $5,135 $10,111 $15,601 
Denominator
Weighted-average common shares outstanding, basic2,785 2,833 2,799 2,832 
Dilutive impact of share-based awards12 16 14 17 
Weighted-average common shares outstanding, diluted2,797 2,849 2,813 2,849 
Net income per common share attributable to Walmart
Basic$1.11 $1.81 $3.61 $5.51 
Diluted1.11 1.80 3.59 5.48 
v3.21.2
Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Oct. 31, 2021
Other Comprehensive Income (Loss), Tax [Abstract]  
Composition of accumulated other comprehensive loss The following tables provide the changes in the composition of total accumulated other comprehensive loss:
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2021$(10,772)$1,296 $(304)$(1,986)$(11,766)
Other comprehensive loss before reclassifications, net(225)(7)(26)(1)(259)
Reclassifications related to business dispositions, net(1)
3,258 (1,195)30 1,966 4,059 
Reclassifications to income, net— — 16 20 
Balances as of April 30, 2021$(7,739)$94 $(284)$(17)$(7,946)
Other comprehensive income (loss) before reclassifications, net123 — (193)(3)(73)
Reclassifications to income, net— — 38 43 
Balances as of July 31, 2021$(7,616)$94 $(439)$(15)$(7,976)
Other comprehensive income (loss) before reclassifications, net(330)— (181)(507)
Reclassifications to income, net— — (2)(3)(5)
Balances as of October 31, 2021$(7,946)$94 $(622)$(14)$(8,488)
(1) Upon closing of the sale of the Company's operations in the U.K. and Japan during the first quarter of fiscal 2022, these amounts were released from accumulated other comprehensive loss, the majority of which was considered in the impairment evaluation when the individual disposal groups met the held for sale classification in fiscal 2021.
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2020$(11,827)$1,517 $(539)$(1,956)$(12,805)
Other comprehensive income (loss) before reclassifications, net(3,256)157 (295)(4)(3,398)
Reclassifications to income, net— — 16 19 35 
Balances as of April 30, 2020$(15,083)$1,674 $(818)$(1,941)$(16,168)
Other comprehensive income (loss) before reclassifications, net246 (191)303 (2)356 
Reclassifications to income, net— — 10 18 28 
Balances as of July 31, 2020$(14,837)$1,483 $(505)$(1,925)$(15,784)
Other comprehensive income (loss) before reclassifications, net1,153 (1)(13)(3)1,136 
Reclassifications to income, net— — 13 19 32 
Balances as of October 31, 2020$(13,684)$1,482 $(505)$(1,909)$(14,616)
v3.21.2
Short-term Borrowings and Long-term Debt (Tables)
9 Months Ended
Oct. 31, 2021
Debt Disclosure [Abstract]  
Changes in Long-term Debt
The following table provides the changes in the Company's long-term debt for the nine months ended October 31, 2021:
(Amounts in millions)Long-term debt due within one yearLong-term debtTotal
Balances as of February 1, 2021$3,115 $41,194 $44,309 
Proceeds from issuance of long-term debt— 6,945 6,945 
Repayments of long-term debt(3,010)(10,000)(13,010)
Reclassifications of long-term debt1,461 (1,461)— 
Other(253)(244)
Balances as of October 31, 2021$1,575 $36,425 $38,000 
Schedule of Debt Issuances
Information on significant long-term debt issued during the nine months ended October 31, 2021, for general corporate purposes and certain eligible green initiatives, is as follows:
(Amounts in millions)
Issue DatePrincipal AmountMaturity DateFixed vs. FloatingInterest RateNet Proceeds
September 17, 2021$1,250September 17, 2026Fixed1.050%$1,243 
September 22, 2021$1,250September 22, 2028Fixed1.500%1,244 
September 22, 2021 (1)
$2,000September 22, 2031Fixed1.800%1,981 
September 22, 2021$1,000September 22, 2041Fixed2.500%994 
September 22, 2021$1,500September 22, 2051Fixed2.650%1,483 
Total$6,945 
(1) Represents a green bond issuance for which an amount equal to the net proceeds is intended to fund certain eligible green investment initiatives through the maturity date of the bond.
Schedule of Maturities and Extinguishment of Debt
The following table provides details of debt repayments during the nine months ended October 31, 2021:
(Amounts in millions)
Maturity DatePrincipal AmountFixed vs. FloatingInterest Rate
Repayment(1)
April 15, 2021$510Fixed4.250%$510 
June 23, 2021$750FloatingFloating750
June 23, 2021$1,750Fixed3.125%1,750
Total repayment of matured debt3,010
June 26, 2023$2,750Fixed3.400%470 
October 15, 2023$152Fixed6.750%
July 8, 2024$1,500Fixed2.850%510 
December 15, 2024$1,000Fixed2.650%370 
June 26, 2025$1,500Fixed3.550%625 
July 8, 2026$1,250Fixed3.050%451 
April 5, 2027$483Fixed5.875%110 
June 26, 2028$2,750Fixed3.700%1,271 
July 8, 2029$1,250Fixed3.250%517 
September 24, 2029$500Fixed2.375%181 
February 15, 2030$588Fixed7.550%119 
September 1, 2035$1,968Fixed5.250%635
August 15, 2037$1,300Fixed6.500%262
April 15, 2038$919Fixed6.200%116
June 28, 2038$1,500Fixed3.950%925
April 1, 2040$751Fixed5.625%142
July 8, 2040$378Fixed4.875%101
October 25, 2040$519Fixed5.000%125
April 15, 2041$918Fixed5.625%305
April 11, 2043$709Fixed4.000%296
October 2, 2043$269Fixed4.750%38
April 22, 2044$502Fixed4.300%172
December 15, 2047$1,000Fixed3.625%566
June 29, 2048$3,000Fixed4.050%1,317
September 24, 2049$1,000Fixed2.950%371
Total repayment of extinguished debt(2)
10,000 
Total$13,010 
(1) Represents portion of the outstanding principal amount which was repaid during the nine months ended October 31, 2021.
(2) Individual repayment amounts may not sum due to rounding.
v3.21.2
Fair Value Measurements (Tables)
9 Months Ended
Oct. 31, 2021
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring The fair value of the Company's equity investments measured on a recurring basis is as follows:
(Amounts in millions)Fair Value as of October 31, 2021Fair Value as of January 31, 2021
Equity investments measured using Level 1 inputs$6,124 $6,517 
Equity investments measured using Level 2 inputs6,340 7,905 
Total$12,464 $14,422 
Notional amounts and fair values of derivatives As of October 31, 2021 and January 31, 2021, the notional amounts and fair values of these derivatives were as follows:
 October 31, 2021January 31, 2021
(Amounts in millions)Notional AmountFair ValueNotional AmountFair Value
Receive fixed-rate, pay variable-rate interest rate swaps designated as fair value hedges$4,719 $91 
(1)
$3,250 $166 
(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as net investment hedges— — 1,250 311 
(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges8,086 (881)
(2)
5,073 (394)
(2)
Total$12,805 $(790)$9,573 $83 
(1)Classified primarily in other long-term assets within the Company's Condensed Consolidated Balance Sheets.
(2)Classified primarily in deferred income taxes and other within the Company's Condensed Consolidated Balance Sheets.
Carrying value and fair value of long-term debt The carrying value and fair value of the Company's long-term debt as of October 31, 2021 and January 31, 2021, are as follows: 
 October 31, 2021January 31, 2021
(Amounts in millions)Carrying ValueFair ValueCarrying ValueFair Value
Long-term debt, including amounts due within one year$38,000 $44,354 $44,309 $54,240 
v3.21.2
Segments and Disaggregated Revenue (Tables)
9 Months Ended
Oct. 31, 2021
Disaggregation of Revenue [Line Items]  
Segment Net Sales
Net sales by segment are as follows:
 Three Months Ended October 31,Nine Months Ended October 31,
(Amounts in millions)
2021202020212020
Net sales:
Walmart U.S.$96,609 $88,353 $287,968 $270,378 
Walmart International23,627 29,554 73,962 86,487 
Sam's Club18,971 15,845 54,307 47,383 
Net sales$139,207 $133,752 $416,237 $404,248 
Operating Income by Segment, Interest, Net, and Unrealized (Gains) and Losses Operating income by segment, as well as operating loss for corporate and support, interest, net, loss on extinguishment of debt and other gains and losses are as follows:
 Three Months Ended October 31,Nine Months Ended October 31,
(Amounts in millions)
2021202020212020
Operating income (loss):
Walmart U.S.$4,860 $4,589 $16,404 $13,948 
Walmart International871 1,078 2,926 2,696 
Sam's Club475 431 1,710 1,517 
Corporate and support(414)(320)(985)(1,100)
Operating income5,792 5,778 20,055 17,061 
Interest, net442 516 1,456 1,700 
Loss on extinguishment of debt2,410 — 2,410 — 
Other (gains) and losses(1,207)(1,853)2,275 (5,796)
Income before income taxes$4,147 $7,115 $13,914 $21,157 
Walmart U.S.  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
(Amounts in millions)Three Months Ended October 31,Nine Months Ended October 31,
Walmart U.S. net sales by merchandise category2021202020212020
Grocery$55,560 $50,683 $161,600 $155,149 
General merchandise28,544 26,927 90,858 84,075 
Health and wellness11,030 9,806 31,480 28,560 
Other categories1,475 937 4,030 2,594 
Total$96,609 $88,353 $287,968 $270,378 
Walmart International  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
(Amounts in millions)Three Months Ended October 31,Nine Months Ended October 31,
Walmart International net sales by market2021202020212020
Mexico and Central America$8,718 $7,429 $25,706 $23,133 
United Kingdom— 7,249 3,811 21,079 
Canada5,507 4,969 15,847 14,383 
China3,538 2,787 10,313 8,735 
Other5,864 7,120 18,285 19,157 
Total$23,627 $29,554 $73,962 $86,487 
Sam's Club  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
(Amounts in millions)Three Months Ended October 31,Nine Months Ended October 31,
Sam’s Club net sales by merchandise category2021202020212020
Grocery and consumables$12,335 $10,450 $35,018 $31,526 
Fuel, tobacco and other categories2,932 1,942 8,047 6,023 
Home and apparel1,976 1,693 6,252 4,926 
Health and wellness1,037 1,017 2,934 2,849 
Technology, office and entertainment691 743 2,056 2,059 
Total$18,971 $15,845 $54,307 $47,383 
v3.21.2
Summary of Significant Accounting Policies - Investments (Details)
$ in Billions
Oct. 31, 2021
USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Debt securities, trading $ 1.0
v3.21.2
Summary of Significant Accounting Policies - Indemnification Liabilities (Details) - Indemnification - USD ($)
$ in Billions
Oct. 31, 2021
Jan. 31, 2021
Guarantor Obligations [Line Items]    
Indemnification liability $ 0.8 $ 0.6
Maximum amount of potential future payments $ 3.5  
v3.21.2
Net Income Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Jul. 31, 2021
Apr. 30, 2021
Oct. 31, 2020
Jul. 31, 2020
Apr. 30, 2020
Oct. 31, 2021
Oct. 31, 2020
Numerator                
Consolidated net income $ 3,132 $ 4,364 $ 2,811 $ 5,201 $ 6,439 $ 4,074 $ 10,307 $ 15,714
Consolidated net income attributable to noncontrolling interest (27)     (66)     (196) (113)
Consolidated net income attributable to Walmart $ 3,105     $ 5,135     $ 10,111 $ 15,601
Denominator                
Weighted-average common shares outstanding, basic (in shares) 2,785     2,833     2,799 2,832
Dilutive impact of share-based awards (in shares) 12     16     14 17
Weighted-average common shares outstanding, diluted (in shares) 2,797     2,849     2,813 2,849
Net income per common share attributable to Walmart                
Basic (in dollars per share) $ 1.11     $ 1.81     $ 3.61 $ 5.51
Diluted (in dollars per share) $ 1.11     $ 1.80     $ 3.59 $ 5.48
v3.21.2
Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended
Oct. 31, 2021
Jul. 31, 2021
Apr. 30, 2021
Oct. 31, 2020
Jul. 31, 2020
Apr. 30, 2020
Accumulated Other Comprehensive Income Loss [Line Items]            
Beginning balance $ 87,127 $ 84,592 $ 87,531 $ 81,197 $ 74,110 $ 81,552
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax (507) (73) (259) 1,136 356 (3,398)
Reclassifications related to business dispositions     4,059      
Reclassifications to income, net (5) 43 20 32 28 35
Ending balance 90,757 87,127 84,592 87,504 81,197 74,110
AOCI Including Portion Attributable to Noncontrolling Interest            
Accumulated Other Comprehensive Income Loss [Line Items]            
Beginning balance (7,976) (7,946) (11,766) (15,784) (16,168) (12,805)
Ending balance (8,488) (7,976) (7,946) (14,616) (15,784) (16,168)
Currency  Translation and Other            
Accumulated Other Comprehensive Income Loss [Line Items]            
Beginning balance (7,616) (7,739) (10,772) (14,837) (15,083) (11,827)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax (330) 123 (225) 1,153 246 (3,256)
Reclassifications related to business dispositions     3,258      
Reclassifications to income, net 0 0 0 0 0 0
Ending balance (7,946) (7,616) (7,739) (13,684) (14,837) (15,083)
Net Investment Hedges            
Accumulated Other Comprehensive Income Loss [Line Items]            
Beginning balance 94 94 1,296 1,483 1,674 1,517
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0 0 (7) (1) (191) 157
Reclassifications related to business dispositions     (1,195)      
Reclassifications to income, net 0 0 0 0 0 0
Ending balance 94 94 94 1,482 1,483 1,674
Cash Flow Hedges            
Accumulated Other Comprehensive Income Loss [Line Items]            
Beginning balance (439) (284) (304) (505) (818) (539)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax (181) (193) (26) (13) 303 (295)
Reclassifications related to business dispositions     30      
Reclassifications to income, net (2) 38 16 13 10 16
Ending balance (622) (439) (284) (505) (505) (818)
Minimum Pension  Liability            
Accumulated Other Comprehensive Income Loss [Line Items]            
Beginning balance (15) (17) (1,986) (1,925) (1,941) (1,956)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 4 (3) (1) (3) (2) (4)
Reclassifications related to business dispositions     1,966      
Reclassifications to income, net (3) 5 4 19 18 19
Ending balance $ (14) $ (15) $ (17) $ (1,909) $ (1,925) $ (1,941)
v3.21.2
Short-term Borrowings and Long-term Debt (Narrative) (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Apr. 30, 2021
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Jan. 31, 2021
Debt Instrument [Line Items]            
Loss on extinguishment of debt   $ 2,410,000,000 $ 0 $ 2,410,000,000 $ 0  
Premiums paid to extinguish debt       2,317,000,000 $ 0  
Domestic Line of Credit            
Debt Instrument [Line Items]            
Committed line of credit   15,000,000,000   15,000,000,000   $ 15,000,000,000
Revolving Credit Facility | Domestic Line of Credit            
Debt Instrument [Line Items]            
Debt instrument, term 364 days          
Debt outstanding   10,000,000,000   10,000,000,000    
Five Year Credit Facility | Domestic Line of Credit            
Debt Instrument [Line Items]            
Debt instrument, term 5 years          
Committed line of credit   $ 5,000,000,000   $ 5,000,000,000    
v3.21.2
Short-term Borrowings and Long-term Debt (Schedule of Long-term Debt Instruments) (Details) - USD ($)
$ in Millions
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Long-term debt due within one year    
Balances as of February 1, 2021 $ 3,115  
Proceeds from issuance of long-term debt 0  
Repayments of long-term debt (3,010)  
Reclassifications of long-term debt 1,461  
Other 9  
Balances as of October 31, 2021 1,575 $ 4,358
Long-term debt    
Balances as of February 1, 2021 41,194  
Proceeds from issuance of long-term debt 6,945 0
Repayments of long-term debt (10,000)  
Reclassifications of long-term debt (1,461)  
Other (253)  
Balances as of October 31, 2021 36,425 40,849
Total    
Balances as of February 1, 2021 44,309  
Proceeds from issuance of long-term debt 6,945 0
Repayments of long-term debt (13,010) $ (4,132)
Reclassifications of long-term debt 0  
Other (244)  
Balances as of October 31, 2021 $ 38,000  
v3.21.2
Short-term Borrowings and Long-term Debt (Debt Issued) (Details) - USD ($)
$ in Millions
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Debt Instrument [Line Items]    
Proceeds from issuance of long-term debt $ 6,945 $ 0
Senior Unsecured Notes    
Debt Instrument [Line Items]    
Proceeds from issuance of long-term debt 6,945  
Senior Unsecured Notes | 1.050% Debt, Due 2026    
Debt Instrument [Line Items]    
Principal Amount $ 1,250  
Interest Rate 1.05%  
Proceeds from issuance of long-term debt $ 1,243  
Senior Unsecured Notes | 1.500% Debt, Due 2028    
Debt Instrument [Line Items]    
Principal Amount $ 1,250  
Interest Rate 1.50%  
Proceeds from issuance of long-term debt $ 1,244  
Senior Unsecured Notes | 1.800% Debt, Due 2031    
Debt Instrument [Line Items]    
Principal Amount $ 2,000  
Interest Rate 1.80%  
Proceeds from issuance of long-term debt $ 1,981  
Senior Unsecured Notes | 2.500% Debt, Due 2041    
Debt Instrument [Line Items]    
Principal Amount $ 1,000  
Interest Rate 2.50%  
Proceeds from issuance of long-term debt $ 994  
Senior Unsecured Notes | 2.650% Debt, Due 2051    
Debt Instrument [Line Items]    
Principal Amount $ 1,500  
Interest Rate 2.65%  
Proceeds from issuance of long-term debt $ 1,483  
v3.21.2
Short-term Borrowings and Long-term Debt (Repayments of Debt) (Details) - USD ($)
$ in Millions
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Debt Instrument [Line Items]    
Total repayment of matured debt $ 3,010  
Repayment 10,000  
Repayments of Long-term Debt 13,010 $ 4,132
4.250% Debt, Due 2021    
Debt Instrument [Line Items]    
Principal Amount $ 510  
Interest Rate 4.25%  
Total repayment of matured debt $ 510  
Floating Rate Debt, Due 2021    
Debt Instrument [Line Items]    
Principal Amount 750  
Total repayment of matured debt 750  
3.125% Debt, Due 2021    
Debt Instrument [Line Items]    
Principal Amount $ 1,750  
Interest Rate 3.125%  
Total repayment of matured debt $ 1,750  
3.400% Debt, Due 2023    
Debt Instrument [Line Items]    
Principal Amount $ 2,750  
Interest Rate 3.40%  
Repayment $ 470  
6.750% Debt, Due 2023    
Debt Instrument [Line Items]    
Principal Amount $ 152  
Interest Rate 6.75%  
Repayment $ 2  
2.850% Debt, Due 2024    
Debt Instrument [Line Items]    
Principal Amount $ 1,500  
Interest Rate 2.85%  
Repayment $ 510  
2.650% Debt, Due 2024    
Debt Instrument [Line Items]    
Principal Amount $ 1,000  
Interest Rate 2.65%  
Repayment $ 370  
3.550% Debt, Due 2025    
Debt Instrument [Line Items]    
Principal Amount $ 1,500  
Interest Rate 3.55%  
Repayment $ 625  
3.050% Debt, Due 2026    
Debt Instrument [Line Items]    
Principal Amount $ 1,250  
Interest Rate 3.05%  
Repayment $ 451  
5.875% Debt, Due 2027    
Debt Instrument [Line Items]    
Principal Amount $ 483  
Interest Rate 5.875%  
Repayment $ 110  
3.700% Debt, Due 2028    
Debt Instrument [Line Items]    
Principal Amount $ 2,750  
Interest Rate 3.70%  
Repayment $ 1,271  
3.250% Debt, Due 2029    
Debt Instrument [Line Items]    
Principal Amount $ 1,250  
Interest Rate 3.25%  
Repayment $ 517  
2.375% Debt, Due 2029    
Debt Instrument [Line Items]    
Principal Amount $ 500  
Interest Rate 2.375%  
Repayment $ 181  
7.550% Debt, Due 2030    
Debt Instrument [Line Items]    
Principal Amount $ 588  
Interest Rate 7.55%  
Repayment $ 119  
5.250% Debt, Due 2035    
Debt Instrument [Line Items]    
Principal Amount $ 1,968  
Interest Rate 5.25%  
Repayment $ 635  
6.500% Debt, Due 2037    
Debt Instrument [Line Items]    
Principal Amount $ 1,300  
Interest Rate 6.50%  
Repayment $ 262  
6.200% Debt, Due 2038    
Debt Instrument [Line Items]    
Principal Amount $ 919  
Interest Rate 6.20%  
Repayment $ 116  
3.950% Debt, Due 2038    
Debt Instrument [Line Items]    
Principal Amount $ 1,500  
Interest Rate 3.95%  
Repayment $ 925  
5.625% Debt, Due 2040    
Debt Instrument [Line Items]    
Principal Amount $ 751  
Interest Rate 5.625%  
Repayment $ 142  
4.875% Debt, Due 2040    
Debt Instrument [Line Items]    
Principal Amount $ 378  
Interest Rate 4.875%  
Repayment $ 101  
5.000% Debt, Due 2040    
Debt Instrument [Line Items]    
Principal Amount $ 519  
Interest Rate 5.00%  
Repayment $ 125  
5.625% Debt, Due 2041    
Debt Instrument [Line Items]    
Principal Amount $ 918  
Interest Rate 5.625%  
Repayment $ 305  
4.000% Debt, Due 2043    
Debt Instrument [Line Items]    
Principal Amount $ 709  
Interest Rate 4.00%  
Repayment $ 296  
4.750% Debt, Due 2043    
Debt Instrument [Line Items]    
Principal Amount $ 269  
Interest Rate 4.75%  
Repayment $ 38  
4.300% Debt, Due 2044    
Debt Instrument [Line Items]    
Principal Amount $ 502  
Interest Rate 4.30%  
Repayment $ 172  
3.625% Debt, Due 2047    
Debt Instrument [Line Items]    
Principal Amount $ 1,000  
Interest Rate 3.625%  
Repayment $ 566  
4.050% Debt, Due 2048    
Debt Instrument [Line Items]    
Principal Amount $ 3,000  
Interest Rate 4.05%  
Repayment $ 1,317  
2.950% Debt, Due 2049    
Debt Instrument [Line Items]    
Principal Amount $ 1,000  
Interest Rate 2.95%  
Repayment $ 371  
v3.21.2
Fair Value Measurement (Equity Investments) (Details) - Recurring - USD ($)
$ in Millions
Oct. 31, 2021
Jan. 31, 2021
Equity Investments [Line Items]    
Equity investments $ 12,464 $ 14,422
Inputs, Level 1    
Equity Investments [Line Items]    
Equity investments 6,124 6,517
Inputs, Level 2    
Equity Investments [Line Items]    
Equity investments $ 6,340 $ 7,905
v3.21.2
Fair Value Measurements (Notional Amounts And Fair Values Of Interest Rate Swaps) (Details) - USD ($)
$ in Millions
Oct. 31, 2021
Jan. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount $ 12,805 $ 9,573
Fair value hedging | Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount 4,719 3,250
Net investment hedging | Cross-currency swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount 0 1,250
Cash flow hedges | Cross-currency swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount 8,086 5,073
Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value (790) 83
Recurring | Fair value hedging | Interest Rate Swap | Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 91 166
Recurring | Net investment hedging | Cross-currency swaps | Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 0 311
Recurring | Cash flow hedges | Cross-currency swaps | Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ (881) $ (394)
v3.21.2
Fair Value Measurements (Narrative) (Details)
$ in Billions
3 Months Ended
Apr. 30, 2021
USD ($)
Fair Value Disclosures [Abstract]  
Impairment charges $ 0.4
v3.21.2
Fair Value Measurements (Carrying Value And Fair Value Of Long-Term Debt) (Details) - USD ($)
$ in Millions
Oct. 31, 2021
Jan. 31, 2021
Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt $ 38,000 $ 44,309
Fair Value, Inputs, Level 2 | Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt $ 44,354 $ 54,240
v3.21.2
Divestitures (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Apr. 30, 2021
Oct. 31, 2021
Oct. 31, 2020
Mar. 31, 2021
Feb. 28, 2021
Jan. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Total assets   $ 244,851 $ 250,863     $ 252,496
Losses on disposal of business operations   433 $ 1,028      
Walmart International            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Total assets   94,800       $ 109,400
Asda | Disposal Group, Disposed of by Sale, Not Discontinued Operations            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Consideration from divestiture         $ 9,600  
Losses on disposal of business operations $ 200          
Seiyu            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Ownership interest percentage 15.00%          
Seiyu | Disposal Group, Disposed of by Sale, Not Discontinued Operations            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Consideration from divestiture       $ 1,200    
Losses on disposal of business operations   $ 200        
v3.21.2
Contingencies (Details) - Opioids Litigation
Nov. 19, 2021
securitiesClassActions
Oct. 31, 2021
securitiesClassActions
numberOfShareholders
Sep. 27, 2021
numberOfShareholders
Loss Contingencies [Line Items]      
Number of securities class actions   2  
Number of shareholders that filed derivative actions | numberOfShareholders   2 3
Subsequent Event      
Loss Contingencies [Line Items]      
Number of securities class actions 2    
v3.21.2
Segments and Disaggregated Revenue (Narrative) (Details)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
USD ($)
Oct. 31, 2020
USD ($)
Oct. 31, 2021
USD ($)
segment
Oct. 31, 2020
USD ($)
Revenue from External Customer [Line Items]        
Number of reportable segments | segment     3  
Net sales $ 139,207 $ 133,752 $ 416,237 $ 404,248
Walmart U.S.        
Revenue from External Customer [Line Items]        
Net sales 96,609 88,353 287,968 270,378
Walmart International        
Revenue from External Customer [Line Items]        
Net sales 23,627 29,554 73,962 86,487
Sam's Club        
Revenue from External Customer [Line Items]        
Net sales 18,971 15,845 54,307 47,383
eCommerceMember | Walmart U.S.        
Revenue from External Customer [Line Items]        
Net sales 11,100 10,300 33,600 29,100
eCommerceMember | Walmart International        
Revenue from External Customer [Line Items]        
Net sales 4,300 4,300 12,700 10,500
eCommerceMember | Sam's Club        
Revenue from External Customer [Line Items]        
Net sales $ 1,700 $ 1,300 $ 4,900 $ 3,700
v3.21.2
Segments and Disaggregated Revenue (Net Sales) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Segment Reporting Information [Line Items]        
Net sales $ 139,207 $ 133,752 $ 416,237 $ 404,248
Walmart U.S.        
Segment Reporting Information [Line Items]        
Net sales 96,609 88,353 287,968 270,378
Walmart International        
Segment Reporting Information [Line Items]        
Net sales 23,627 29,554 73,962 86,487
Sam's Club        
Segment Reporting Information [Line Items]        
Net sales $ 18,971 $ 15,845 $ 54,307 $ 47,383
v3.21.2
Segments and Disaggregated Revenue (Operating Income by Segment, Interest, Net, Loss on extinguishment of debt, and Unrealized (Gains) and Losses) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Segment Reporting Information [Line Items]        
Operating income $ 5,792 $ 5,778 $ 20,055 $ 17,061
Interest, net 442 516 1,456 1,700
Loss on extinguishment of debt 2,410 0 2,410 0
Other (gains) and losses (1,207) (1,853) 2,275 (5,796)
Income before income taxes 4,147 7,115 13,914 21,157
Corporate and support        
Segment Reporting Information [Line Items]        
Operating income (414) (320) (985) (1,100)
Walmart U.S. | Operating Segments        
Segment Reporting Information [Line Items]        
Operating income 4,860 4,589 16,404 13,948
Walmart International | Operating Segments        
Segment Reporting Information [Line Items]        
Operating income 871 1,078 2,926 2,696
Sam's Club | Operating Segments        
Segment Reporting Information [Line Items]        
Operating income $ 475 $ 431 $ 1,710 $ 1,517
v3.21.2
Segments and Disaggregated Revenue (Revenue, Walmart US) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Revenue from External Customer [Line Items]        
Net sales $ 139,207 $ 133,752 $ 416,237 $ 404,248
Walmart U.S.        
Revenue from External Customer [Line Items]        
Net sales 96,609 88,353 287,968 270,378
Walmart U.S. | Grocery        
Revenue from External Customer [Line Items]        
Net sales 55,560 50,683 161,600 155,149
Walmart U.S. | General merchandise        
Revenue from External Customer [Line Items]        
Net sales 28,544 26,927 90,858 84,075
Walmart U.S. | Health and wellness        
Revenue from External Customer [Line Items]        
Net sales 11,030 9,806 31,480 28,560
Walmart U.S. | Other categories        
Revenue from External Customer [Line Items]        
Net sales $ 1,475 $ 937 $ 4,030 $ 2,594
v3.21.2
Segments and Disaggregated Revenue (Revenue, International) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Revenue from External Customer [Line Items]        
Net sales $ 139,207 $ 133,752 $ 416,237 $ 404,248
Walmart International        
Revenue from External Customer [Line Items]        
Net sales 23,627 29,554 73,962 86,487
Mexico and Central America | Walmart International        
Revenue from External Customer [Line Items]        
Net sales 8,718 7,429 25,706 23,133
United Kingdom | Walmart International        
Revenue from External Customer [Line Items]        
Net sales 0 7,249 3,811 21,079
Canada | Walmart International        
Revenue from External Customer [Line Items]        
Net sales 5,507 4,969 15,847 14,383
China | Walmart International        
Revenue from External Customer [Line Items]        
Net sales 3,538 2,787 10,313 8,735
Other | Walmart International        
Revenue from External Customer [Line Items]        
Net sales $ 5,864 $ 7,120 $ 18,285 $ 19,157
v3.21.2
Segments and Disaggregated Revenue (Revenue, Sam's Club) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Revenue from External Customer [Line Items]        
Net sales $ 139,207 $ 133,752 $ 416,237 $ 404,248
Sam's Club        
Revenue from External Customer [Line Items]        
Net sales 18,971 15,845 54,307 47,383
Sam's Club | eCommerceMember        
Revenue from External Customer [Line Items]        
Net sales 1,700 1,300 4,900 3,700
Sam's Club | Grocery and consumables        
Revenue from External Customer [Line Items]        
Net sales 12,335 10,450 35,018 31,526
Sam's Club | Fuel, tobacco and other categories        
Revenue from External Customer [Line Items]        
Net sales 2,932 1,942 8,047 6,023
Sam's Club | Home and apparel        
Revenue from External Customer [Line Items]        
Net sales 1,976 1,693 6,252 4,926
Sam's Club | Health and wellness        
Revenue from External Customer [Line Items]        
Net sales 1,037 1,017 2,934 2,849
Sam's Club | Technology, office and entertainment        
Revenue from External Customer [Line Items]        
Net sales $ 691 $ 743 $ 2,056 $ 2,059