WALMART INC., 10-Q filed on 6/3/2022
Quarterly Report
v3.22.1
Cover Page - shares
3 Months Ended
Apr. 30, 2022
Jun. 01, 2022
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Apr. 30, 2022  
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   2,741,150,050
Entity Central Index Key 0000104169  
Current Fiscal Year End Date --01-31  
Document Fiscal Year Focus 2023  
Document Fiscal Period Focus Q1  
Amendment Flag false  
Common Stock, par value $0.10 per share    
Document Information [Line Items]    
Title of 12(b) Security Common Stock, par value $0.10 per share  
Trading Symbol WMT  
Security Exchange Name NYSE  
2.550% Notes Due 2026    
Document Information [Line Items]    
Title of 12(b) Security 2.550% Notes Due 2026  
Trading Symbol WMT26  
Security Exchange Name NYSE  
v3.22.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Revenues:    
Net sales $ 140,288 $ 137,159
Membership and other income 1,281 1,151
Total revenues 141,569 138,310
Costs and expenses:    
Cost of sales 106,847 103,272
Operating, selling, general and administrative expenses 29,404 28,129
Operating income 5,318 6,909
Interest:    
Debt 372 481
Finance lease 83 85
Interest income (36) (30)
Interest, net 419 536
Other (gains) and losses 1,998 2,529
Income before income taxes 2,901 3,844
Provision for income taxes 798 1,033
Consolidated net income 2,103 2,811
Consolidated net income attributable to noncontrolling interest (49) (81)
Consolidated net income attributable to Walmart $ 2,054 $ 2,730
Net income per common share:    
Basic net income per common share attributable to Walmart (in dollars per share) $ 0.75 $ 0.97
Diluted net income per common share attributable to Walmart (in dollars per share) $ 0.74 $ 0.97
Weighted-average common shares outstanding:    
Basic (shares) 2,754 2,815
Diluted (shares) 2,765 2,829
Dividends declared per common share (in dollars per share) $ 2.24 $ 2.20
v3.22.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Statement of Comprehensive Income [Abstract]    
Consolidated net income $ 2,103 $ 2,811
Consolidated net income attributable to noncontrolling interest (49) (81)
Consolidated net income attributable to Walmart 2,054 2,730
Other comprehensive income (loss), net of income taxes    
Currency translation and other 232 2,959
Net investment hedges 0 (1,202)
Cash flow hedges 42 20
Minimum pension liability 1 1,969
Other comprehensive income (loss), net of income taxes 275 3,746
Other comprehensive (income) loss attributable to noncontrolling interest (7) 74
Other comprehensive income (loss) attributable to Walmart 268 3,820
Comprehensive income, net of income taxes 2,378 6,557
Comprehensive income attributable to noncontrolling interest (56) (7)
Comprehensive income attributable to Walmart $ 2,322 $ 6,550
v3.22.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Apr. 30, 2022
Jan. 31, 2022
Apr. 30, 2021
Current assets:      
Cash and cash equivalents $ 11,817 $ 14,760 $ 22,846
Receivables, net 7,674 8,280 5,797
Inventories 61,229 56,511 46,383
Prepaid expenses and other 2,500 1,519 1,565
Total current assets 83,220 81,070 76,591
Property and equipment, net 94,741 94,515 90,996
Operating lease right-of-use assets 13,971 13,758 13,650
Finance lease right-of-use assets, net 4,505 4,351 3,979
Goodwill 29,438 29,014 28,872
Other long-term assets 20,267 22,152 22,493
Total assets 246,142 244,860 236,581
Current liabilities:      
Short-term borrowings 11,432 410 362
Accounts payable 52,926 55,261 48,151
Dividends payable 4,631 0 4,651
Accrued liabilities 21,061 26,060 21,371
Accrued income taxes 904 851 851
Long-term debt due within one year 3,580 2,803 3,500
Operating lease obligations due within one year 1,485 1,483 1,448
Finance lease obligations due within one year 511 511 507
Total current liabilities 96,530 87,379 80,841
Long-term debt 32,174 34,864 40,273
Long-term operating lease obligations 13,226 13,009 12,930
Long-term finance lease obligations 4,409 4,243 3,802
Deferred income taxes and other 13,943 13,474 14,143
Commitments and contingencies
Redeemable noncontrolling interest 260 0 0
Equity:      
Common stock 275 276 280
Capital in excess of par value 4,587 4,839 3,424
Retained earnings 80,532 86,904 82,577
Accumulated other comprehensive loss (8,498) (8,766) (7,946)
Total Walmart shareholders' equity 76,896 83,253 78,335
Nonredeemable noncontrolling interest 8,704 8,638 6,257
Total equity 85,600 91,891 84,592
Total liabilities, redeemable noncontrolling interest, and equity $ 246,142 $ 244,860 $ 236,581
v3.22.1
Condensed Consolidated Statements 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
Nonredeemable Noncontrolling Interest
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 0   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, 2022   2,761          
Beginning balance at Jan. 31, 2022 91,891 $ 276 4,839 86,904 (8,766) 83,253 8,638
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidated net income 2,103     2,054   2,054 49
Other comprehensive income (loss), net of income taxes 275       268 268 7
Dividends declared (6,173)     (6,173)   (6,173)  
Purchase of Company stock (in shares)   (17)          
Purchase of Company stock (2,376) $ (2) (125) (2,249)   (2,376)  
Sale of subsidiary stock 35   24     24 11
Other (in shares)   4          
Other (155) $ 1 (151) (4)   (154) (1)
Ending balance (in shares) at Apr. 30, 2022   2,748          
Ending balance at Apr. 30, 2022 $ 85,600 $ 275 $ 4,587 $ 80,532 $ (8,498) $ 76,896 $ 8,704
v3.22.1
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Statement of Stockholders' Equity [Abstract]    
Dividends declared per common share (in dollars per share) $ 2.24 $ 2.20
v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:    
Consolidated net income $ 2,103 $ 2,811
Adjustments to reconcile consolidated net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,680 2,661
Net unrealized and realized (gains) and losses 1,989 2,077
Losses on disposal of business operations 0 433
Deferred income taxes (69) (155)
Other operating activities (59) 270
Changes in certain assets and liabilities, net of effects of acquisitions and dispositions:    
Receivables, net 837 828
Inventories (4,699) (1,487)
Accounts payable (1,640) (1,004)
Accrued liabilities (4,949) (4,004)
Accrued income taxes 49 428
Net cash provided by (used in) operating activities (3,758) 2,858
Cash flows from investing activities:    
Payments for property and equipment (3,539) (2,214)
Proceeds from the disposal of property and equipment 35 72
Proceeds from disposal of certain operations, net of divested cash 0 7,935
Payments for business acquisitions, net of cash acquired (598) 0
Other investing activities (456) 57
Net cash provided by (used in) investing activities (4,558) 5,850
Cash flows from financing activities:    
Net change in short-term borrowings 10,995 138
Repayments of long-term debt (926) (510)
Dividends paid (1,543) (1,549)
Purchase of Company stock (2,408) (2,809)
Sale of subsidiary stock 35 75
Other financing activities (838) (744)
Net cash provided by (used in) financing activities 5,315 (5,399)
Effect of exchange rates on cash, cash equivalents and restricted cash 49 (51)
Net increase (decrease) in cash, cash equivalents and restricted cash (2,952) 3,258
Change in cash and cash equivalents reclassified from assets held for sale 0 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 period $ 11,882 $ 22,894
v3.22.1
Summary of Significant Accounting Policies
3 Months Ended
Apr. 30, 2022
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, 2022 ("fiscal 2022"). 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 April 2022 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 has 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.
Redeemable Noncontrolling Interest
Noncontrolling interests which are redeemable outside the Company's control at fixed or determinable prices and dates are presented as temporary equity on the Condensed Consolidated Balance Sheets. Redeemable noncontrolling interests are recorded at the greater of the redemption value or the carrying value of the noncontrolling interest and adjusted each reporting period for income, loss and any distributions made. As of April 30, 2022, the Company has a redeemable noncontrolling interest related to a recent acquisition in the Walmart U.S. segment as the minority interest owner holds a put option which may require the Company to purchase their interest at fair value beginning in December 2027 and annually thereafter.
v3.22.1
Net Income Per Common Share
3 Months Ended
Apr. 30, 2022
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 months ended April 30, 2022 and 2021.
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 April 30,
(Amounts in millions, except per share data)20222021
Numerator
Consolidated net income$2,103 $2,811 
Consolidated net income attributable to noncontrolling interest(49)(81)
Consolidated net income attributable to Walmart$2,054 $2,730 
Denominator
Weighted-average common shares outstanding, basic2,754 2,815 
Dilutive impact of share-based awards11 14 
Weighted-average common shares outstanding, diluted2,765 2,829 
Net income per common share attributable to Walmart
Basic$0.75 $0.97 
Diluted0.74 0.97 
v3.22.1
Accumulated Other Comprehensive Loss
3 Months Ended
Apr. 30, 2022
Other Comprehensive Income (Loss), Tax [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss for derivative instruments are generally recorded in interest, net, in the Company's Condensed Consolidated Statements of Income. Amounts for the minimum pension liability, as well as the cumulative translation and any related net investment hedge impacts resulting from a disposition of a business, are recorded in other gains and losses in the Company's Condensed Consolidated Statements of Income. The following tables provide the changes in the composition of total accumulated other comprehensive loss:
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2022$(8,100)$94 $(748)$(12)$(8,766)
Other comprehensive income before reclassifications, net225 — 26 — 251 
Reclassifications to income, net— — 16 17 
Balances as of April 30, 2022$(7,875)$94 $(706)$(11)$(8,498)
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2021$(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)
(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.
v3.22.1
Short-term Borrowings and Long-term Debt
3 Months Ended
Apr. 30, 2022
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 2022, 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 April 30, 2022 and January 31, 2022, all undrawn.
The following table provides the changes in the Company's long-term debt for the three months ended April 30, 2022:
(Amounts in millions)Long-term debt due within one yearLong-term debtTotal
Balances as of February 1, 2022$2,803 $34,864 $37,667 
Repayments of long-term debt(926)— (926)
Reclassifications of long-term debt1,750 (1,750)— 
Other(47)(940)(987)
Balances as of April 30, 2022$3,580 $32,174 $35,754 
v3.22.1
Fair Value Measurements
3 Months Ended
Apr. 30, 2022
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.
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 April 30, 2022Fair Value as of January 31, 2022
Equity investments measured using Level 1 inputs$5,080 $6,069 
Equity investments measured using Level 2 inputs4,810 5,819 
Total$9,890 $11,888 
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 April 30, 2022 and January 31, 2022, the notional amounts and fair values of these derivatives were as follows:
 April 30, 2022January 31, 2022
(Amounts in millions)Notional AmountFair ValueNotional AmountFair Value
Receive fixed-rate, pay variable-rate interest rate swaps designated as fair value hedges$8,021 $(539)
(1)
$8,021 $(47)
(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges6,428 (1,121)
(1)
7,855 (1,048)
(1)
Total$14,449 $(1,660)$15,876 $(1,095)
(1)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. The Company did not have any material assets or liabilities resulting in nonrecurring fair value measurements as of April 30, 2022.
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 April 30, 2022 and January 31, 2022, are as follows: 
 April 30, 2022January 31, 2022
(Amounts in millions)Carrying ValueFair ValueCarrying ValueFair Value
Long-term debt, including amounts due within one year$35,754 $36,680 $37,667 $42,381 
v3.22.1
Contingencies
3 Months Ended
Apr. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Contingencies Contingencies
Legal Proceedings
The Company is involved in a number of legal proceedings and certain regulatory matters. 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 recorded. 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 to or settled by the Company, individually or in the aggregate, may result in a liability material to the Company's financial position, 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 abatement phase of the trial, which will determine amounts owed by the defendants, began on May 10, 2022 and ended on May 17, 2022, and the parties will await a ruling from the court. The Company intends to appeal the jury verdict from the liability phase upon completion of the abatement phase of the trial.
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 December 22, 2020, the U.S. Department of Justice (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 Controlled Substances Act (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; the lead plaintiff responded to the motion on January 10, 2022; and the defendants filed their reply brief on February 10, 2022. 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. Those cases have been stayed pending developments in other Opioids Litigation matters. 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 defendants filed the opening brief on their motion to dismiss that case on December 21, 2021, and the plaintiffs responded by filing an amended complaint on February 22, 2022. On April 27, 2022, the defendants filed their opening brief in support of their motion to dismiss the amended complaint.
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
Asda, formerly a subsidiary of the Company, was and still is 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 oversee the conduct of 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.
Money Transfer Agent Services Matters
The Company has received grand jury subpoenas issued by the United States Attorney's Office for the Middle District of Pennsylvania seeking documents regarding the Company's consumer fraud program and anti-money laundering compliance related to the Company's money transfer services, where Walmart is an agent. The most recent subpoena was issued in August 2020. The Company has been responding to these subpoenas and is cooperating with the government's investigation. The Company has also responded to civil investigative demands from the United States Federal Trade Commission (the "FTC") in connection with the FTC's investigation related to money transfers and the Company's anti-fraud program in its capacity as an agent. While the Company had been engaged in discussions with the FTC regarding a potential resolution of this matter, the parties have not been able to reach a resolution. In May 2022, the FTC Bureau of Consumer Protection forwarded a revised draft complaint to the FTC seeking authority to file a civil complaint against the Company seeking various forms of monetary and injunctive relief regarding the Company’s anti-fraud program. The Company understands that the FTC voted to authorize the complaint on June 1, 2022. The Company cannot reasonably estimate any loss or range of loss that may arise from these matters. While the Company does not currently believe that the outcome of these matters will have a material adverse effect on its business, financial position, results of operations or cash flows, 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.
v3.22.1
Segments and Disaggregated Revenue
3 Months Ended
Apr. 30, 2022
Segment Reporting Information, Profit (Loss) [Abstract]  
Segments and Disaggregated Revenue Segments and Disaggregated Revenue
Segments
The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce websites, 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 April 30,
(Amounts in millions)
20222021
Net sales:
Walmart U.S.$96,904 $93,167 
Walmart International23,763 27,300 
Sam's Club19,621 16,692 
Net sales$140,288 $137,159 
Operating income by segment, as well as unallocated operating expenses for corporate and support, interest, net, and other gains and losses are as follows:
 Three Months Ended April 30,
(Amounts in millions)
20222021
Operating income (loss):
Walmart U.S.$4,462 $5,455 
Walmart International772 1,194 
Sam's Club460 575 
Corporate and support(376)(315)
Operating income5,318 6,909 
Interest, net419 536 
Other (gains) and losses1,998 2,529 
Income before income taxes$2,901 $3,844 
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 April 30,
Walmart U.S. net sales by merchandise category20222021
Grocery$56,764 $51,391 
General merchandise27,379 30,607 
Health and wellness10,894 9,970 
Other categories1,867 1,199 
Total$96,904 $93,167 
Of Walmart U.S.'s total net sales, approximately $11.4 billion and $11.3 billion related to eCommerce for the three months ended April 30, 2022 and 2021, respectively.
(Amounts in millions)Three Months Ended April 30,
Walmart International net sales by market20222021
Mexico and Central America$9,088 $8,330 
Canada5,150 4,848 
China4,127 3,773 
United Kingdom— 3,811 
Other5,398 6,538 
Total$23,763 $27,300 
Of Walmart International's total net sales, approximately $4.3 billion related to eCommerce for both the three months ended April 30, 2022 and 2021.
(Amounts in millions)Three Months Ended April 30,
Sam's Club net sales by merchandise category20222021
Grocery and consumables$12,301 $10,669 
Fuel, tobacco and other categories3,623 2,299 
Home and apparel2,050 2,082 
Health and wellness1,010 941 
Technology, office and entertainment637 701 
Total$19,621 $16,692 
Of Sam's Club's total net sales, approximately $1.9 billion and $1.5 billion related to eCommerce for the three months ended April 30, 2022 and 2021, respectively.
v3.22.1
Summary of Significant Accounting Policies (Policies)
3 Months Ended
Apr. 30, 2022
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, 2022 ("fiscal 2022"). 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 April 2022 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 has 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.
Redeemable Noncontrolling Interest
Redeemable Noncontrolling Interest
Noncontrolling interests which are redeemable outside the Company's control at fixed or determinable prices and dates are presented as temporary equity on the Condensed Consolidated Balance Sheets. Redeemable noncontrolling interests are recorded at the greater of the redemption value or the carrying value of the noncontrolling interest and adjusted each reporting period for income, loss and any distributions made. As of April 30, 2022, the Company has a redeemable noncontrolling interest related to a recent acquisition in the Walmart U.S. segment as the minority interest owner holds a put option which may require the Company to purchase their interest at fair value beginning in December 2027 and annually thereafter.
v3.22.1
Net Income Per Common Share (Tables)
3 Months Ended
Apr. 30, 2022
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 April 30,
(Amounts in millions, except per share data)20222021
Numerator
Consolidated net income$2,103 $2,811 
Consolidated net income attributable to noncontrolling interest(49)(81)
Consolidated net income attributable to Walmart$2,054 $2,730 
Denominator
Weighted-average common shares outstanding, basic2,754 2,815 
Dilutive impact of share-based awards11 14 
Weighted-average common shares outstanding, diluted2,765 2,829 
Net income per common share attributable to Walmart
Basic$0.75 $0.97 
Diluted0.74 0.97 
v3.22.1
Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Apr. 30, 2022
Other Comprehensive Income (Loss), Tax [Abstract]  
Composition of accumulated other comprehensive loss The following tables provide the changes in the composition of total accumulated other comprehensive loss:
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2022$(8,100)$94 $(748)$(12)$(8,766)
Other comprehensive income before reclassifications, net225 — 26 — 251 
Reclassifications to income, net— — 16 17 
Balances as of April 30, 2022$(7,875)$94 $(706)$(11)$(8,498)
(Amounts in millions and net of immaterial income taxes)Currency 
Translation and Other
Net Investment HedgesCash Flow HedgesMinimum
Pension 
Liability
Total
Balances as of February 1, 2021$(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)
(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.
v3.22.1
Short-term Borrowings and Long-term Debt (Tables)
3 Months Ended
Apr. 30, 2022
Debt Disclosure [Abstract]  
Changes in Long-term Debt
The following table provides the changes in the Company's long-term debt for the three months ended April 30, 2022:
(Amounts in millions)Long-term debt due within one yearLong-term debtTotal
Balances as of February 1, 2022$2,803 $34,864 $37,667 
Repayments of long-term debt(926)— (926)
Reclassifications of long-term debt1,750 (1,750)— 
Other(47)(940)(987)
Balances as of April 30, 2022$3,580 $32,174 $35,754 
v3.22.1
Fair Value Measurements (Tables)
3 Months Ended
Apr. 30, 2022
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 April 30, 2022Fair Value as of January 31, 2022
Equity investments measured using Level 1 inputs$5,080 $6,069 
Equity investments measured using Level 2 inputs4,810 5,819 
Total$9,890 $11,888 
Notional amounts and fair values of derivatives As of April 30, 2022 and January 31, 2022, the notional amounts and fair values of these derivatives were as follows:
 April 30, 2022January 31, 2022
(Amounts in millions)Notional AmountFair ValueNotional AmountFair Value
Receive fixed-rate, pay variable-rate interest rate swaps designated as fair value hedges$8,021 $(539)
(1)
$8,021 $(47)
(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges6,428 (1,121)
(1)
7,855 (1,048)
(1)
Total$14,449 $(1,660)$15,876 $(1,095)
(1)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 April 30, 2022 and January 31, 2022, are as follows: 
 April 30, 2022January 31, 2022
(Amounts in millions)Carrying ValueFair ValueCarrying ValueFair Value
Long-term debt, including amounts due within one year$35,754 $36,680 $37,667 $42,381 
v3.22.1
Segments and Disaggregated Revenue (Tables)
3 Months Ended
Apr. 30, 2022
Disaggregation of Revenue [Line Items]  
Segment Net Sales
Net sales by segment are as follows:
 Three Months Ended April 30,
(Amounts in millions)
20222021
Net sales:
Walmart U.S.$96,904 $93,167 
Walmart International23,763 27,300 
Sam's Club19,621 16,692 
Net sales$140,288 $137,159 
Operating Income by Segment, Interest, Net, and Unrealized (Gains) and Losses Operating income by segment, as well as unallocated operating expenses for corporate and support, interest, net, and other gains and losses are as follows:
 Three Months Ended April 30,
(Amounts in millions)
20222021
Operating income (loss):
Walmart U.S.$4,462 $5,455 
Walmart International772 1,194 
Sam's Club460 575 
Corporate and support(376)(315)
Operating income5,318 6,909 
Interest, net419 536 
Other (gains) and losses1,998 2,529 
Income before income taxes$2,901 $3,844 
Walmart U.S.  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
(Amounts in millions)Three Months Ended April 30,
Walmart U.S. net sales by merchandise category20222021
Grocery$56,764 $51,391 
General merchandise27,379 30,607 
Health and wellness10,894 9,970 
Other categories1,867 1,199 
Total$96,904 $93,167 
Walmart International  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
(Amounts in millions)Three Months Ended April 30,
Walmart International net sales by market20222021
Mexico and Central America$9,088 $8,330 
Canada5,150 4,848 
China4,127 3,773 
United Kingdom— 3,811 
Other5,398 6,538 
Total$23,763 $27,300 
Sam's Club  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
(Amounts in millions)Three Months Ended April 30,
Sam's Club net sales by merchandise category20222021
Grocery and consumables$12,301 $10,669 
Fuel, tobacco and other categories3,623 2,299 
Home and apparel2,050 2,082 
Health and wellness1,010 941 
Technology, office and entertainment637 701 
Total$19,621 $16,692 
v3.22.1
Net Income Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Numerator    
Consolidated net income $ 2,103 $ 2,811
Consolidated net income attributable to noncontrolling interest (49) (81)
Consolidated net income attributable to Walmart $ 2,054 $ 2,730
Denominator    
Weighted-average common shares outstanding, basic (in shares) 2,754 2,815
Dilutive impact of share-based awards (in shares) 11 14
Weighted-average common shares outstanding, diluted (in shares) 2,765 2,829
Net income per common share attributable to Walmart    
Basic (in dollars per share) $ 0.75 $ 0.97
Diluted (in dollars per share) $ 0.74 $ 0.97
v3.22.1
Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Accumulated Other Comprehensive Income Loss [Line Items]    
Beginning balance $ 91,891 $ 87,531
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 251 (259)
Reclassifications related to business dispositions   4,059
Reclassifications to income, net 17 20
Ending balance 85,600 84,592
AOCI Including Portion Attributable to Noncontrolling Interest    
Accumulated Other Comprehensive Income Loss [Line Items]    
Beginning balance (8,766) (11,766)
Ending balance (8,498) (7,946)
Currency  Translation and Other    
Accumulated Other Comprehensive Income Loss [Line Items]    
Beginning balance (8,100) (10,772)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 225 (225)
Reclassifications related to business dispositions   3,258
Reclassifications to income, net 0 0
Ending balance (7,875) (7,739)
Net Investment Hedges    
Accumulated Other Comprehensive Income Loss [Line Items]    
Beginning balance 94 1,296
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0 (7)
Reclassifications related to business dispositions   (1,195)
Reclassifications to income, net 0 0
Ending balance 94 94
Cash Flow Hedges    
Accumulated Other Comprehensive Income Loss [Line Items]    
Beginning balance (748) (304)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 26 (26)
Reclassifications related to business dispositions   30
Reclassifications to income, net 16 16
Ending balance (706) (284)
Minimum Pension  Liability    
Accumulated Other Comprehensive Income Loss [Line Items]    
Beginning balance (12) (1,986)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax 0 (1)
Reclassifications related to business dispositions   1,966
Reclassifications to income, net 1 4
Ending balance $ (11) $ (17)
v3.22.1
Short-term Borrowings and Long-term Debt (Narrative) (Details) - Domestic Line of Credit - USD ($)
1 Months Ended
Apr. 30, 2022
Jan. 31, 2022
Debt Instrument [Line Items]    
Committed line of credit $ 15,000,000,000 $ 15,000,000,000
Revolving Credit Facility    
Debt Instrument [Line Items]    
Debt instrument, term 364 days  
Debt outstanding $ 10,000,000,000  
Five Year Credit Facility    
Debt Instrument [Line Items]    
Debt instrument, term 5 years  
Committed line of credit $ 5,000,000,000  
v3.22.1
Short-term Borrowings and Long-term Debt (Schedule of Long-term Debt Instruments) (Details) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Long-term debt due within one year    
Balances as of February 1, 2022 $ 2,803  
Repayments of long-term debt (926)  
Reclassifications of long-term debt 1,750  
Other (47)  
Balances as of April 30, 2022 3,580 $ 3,500
Long-term debt    
Balances as of February 1, 2022 34,864  
Repayments of long-term debt 0  
Reclassifications of long-term debt (1,750)  
Other (940)  
Balances as of April 30, 2022 32,174 40,273
Total    
Balances as of February 1, 2022 37,667  
Repayments of long-term debt (926) $ (510)
Reclassifications of long-term debt 0  
Other (987)  
Balances as of April 30, 2022 $ 35,754  
v3.22.1
Fair Value Measurement (Equity Investments) (Details) - Recurring - USD ($)
$ in Millions
Apr. 30, 2022
Jan. 31, 2022
Equity Investments [Line Items]    
Equity investments $ 9,890 $ 11,888
Inputs, Level 1    
Equity Investments [Line Items]    
Equity investments 5,080 6,069
Inputs, Level 2    
Equity Investments [Line Items]    
Equity investments $ 4,810 $ 5,819
v3.22.1
Fair Value Measurements (Notional Amounts And Fair Values Of Interest Rate Swaps) (Details) - USD ($)
$ in Millions
Apr. 30, 2022
Jan. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount $ 14,449 $ 15,876
Fair value hedging | Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount 8,021 8,021
Cash flow hedges | Cross-currency swaps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Notional Amount 6,428 7,855
Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value (1,660) (1,095)
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 (539) (47)
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 $ (1,121) $ (1,048)
v3.22.1
Fair Value Measurements (Carrying Value And Fair Value Of Long-Term Debt) (Details) - USD ($)
$ in Millions
Apr. 30, 2022
Jan. 31, 2022
Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt $ 35,754 $ 37,667
Fair Value, Inputs, Level 2 | Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt $ 36,680 $ 42,381
v3.22.1
Contingencies (Details) - Opioids Litigation
Apr. 30, 2022
securitiesClassAction
shareholder
Nov. 19, 2021
securitiesClassAction
Sep. 27, 2021
shareholder
Loss Contingencies [Line Items]      
Number of securities class actions | securitiesClassAction 2 2  
Number of shareholders that filed derivative actions | shareholder 2   3
v3.22.1
Segments and Disaggregated Revenue (Narrative) (Details)
$ in Millions
3 Months Ended
Apr. 30, 2022
USD ($)
segment
Apr. 30, 2021
USD ($)
Revenue from External Customer [Line Items]    
Number of reportable segments | segment 3  
Net sales $ 140,288 $ 137,159
Walmart U.S.    
Revenue from External Customer [Line Items]    
Net sales 96,904 93,167
Walmart International    
Revenue from External Customer [Line Items]    
Net sales 23,763 27,300
Sam's Club    
Revenue from External Customer [Line Items]    
Net sales 19,621 16,692
eCommerceMember | Walmart U.S.    
Revenue from External Customer [Line Items]    
Net sales 11,400 11,300
eCommerceMember | Walmart International    
Revenue from External Customer [Line Items]    
Net sales 4,300 4,300
eCommerceMember | Sam's Club    
Revenue from External Customer [Line Items]    
Net sales $ 1,900 $ 1,500
v3.22.1
Segments and Disaggregated Revenue (Net Sales) (Details) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Segment Reporting Information [Line Items]    
Net sales $ 140,288 $ 137,159
Walmart U.S.    
Segment Reporting Information [Line Items]    
Net sales 96,904 93,167
Walmart International    
Segment Reporting Information [Line Items]    
Net sales 23,763 27,300
Sam's Club    
Segment Reporting Information [Line Items]    
Net sales $ 19,621 $ 16,692
v3.22.1
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
Apr. 30, 2022
Apr. 30, 2021
Segment Reporting Information [Line Items]    
Operating income $ 5,318 $ 6,909
Interest, net 419 536
Other (gains) and losses 1,998 2,529
Income before income taxes 2,901 3,844
Corporate and support    
Segment Reporting Information [Line Items]    
Operating income (376) (315)
Walmart U.S. | Operating Segments    
Segment Reporting Information [Line Items]    
Operating income 4,462 5,455
Walmart International | Operating Segments    
Segment Reporting Information [Line Items]    
Operating income 772 1,194
Sam's Club | Operating Segments    
Segment Reporting Information [Line Items]    
Operating income $ 460 $ 575
v3.22.1
Segments and Disaggregated Revenue (Revenue, Walmart US) (Details) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Revenue from External Customer [Line Items]    
Net sales $ 140,288 $ 137,159
Walmart U.S.    
Revenue from External Customer [Line Items]    
Net sales 96,904 93,167
Walmart U.S. | Grocery    
Revenue from External Customer [Line Items]    
Net sales 56,764 51,391
Walmart U.S. | General merchandise    
Revenue from External Customer [Line Items]    
Net sales 27,379 30,607
Walmart U.S. | Health and wellness    
Revenue from External Customer [Line Items]    
Net sales 10,894 9,970
Walmart U.S. | Other categories    
Revenue from External Customer [Line Items]    
Net sales $ 1,867 $ 1,199
v3.22.1
Segments and Disaggregated Revenue (Revenue, International) (Details) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Revenue from External Customer [Line Items]    
Net sales $ 140,288 $ 137,159
Walmart International    
Revenue from External Customer [Line Items]    
Net sales 23,763 27,300
Mexico and Central America | Walmart International    
Revenue from External Customer [Line Items]    
Net sales 9,088 8,330
Canada | Walmart International    
Revenue from External Customer [Line Items]    
Net sales 5,150 4,848
China | Walmart International    
Revenue from External Customer [Line Items]    
Net sales 4,127 3,773
United Kingdom | Walmart International    
Revenue from External Customer [Line Items]    
Net sales 0 3,811
Other | Walmart International    
Revenue from External Customer [Line Items]    
Net sales $ 5,398 $ 6,538
v3.22.1
Segments and Disaggregated Revenue (Revenue, Sam's Club) (Details) - USD ($)
$ in Millions
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Revenue from External Customer [Line Items]    
Net sales $ 140,288 $ 137,159
Sam's Club    
Revenue from External Customer [Line Items]    
Net sales 19,621 16,692
Sam's Club | eCommerceMember    
Revenue from External Customer [Line Items]    
Net sales 1,900 1,500
Sam's Club | Grocery and consumables    
Revenue from External Customer [Line Items]    
Net sales 12,301 10,669
Sam's Club | Fuel, tobacco and other categories    
Revenue from External Customer [Line Items]    
Net sales 3,623 2,299
Sam's Club | Home and apparel    
Revenue from External Customer [Line Items]    
Net sales 2,050 2,082
Sam's Club | Health and wellness    
Revenue from External Customer [Line Items]    
Net sales 1,010 941
Sam's Club | Technology, office and entertainment    
Revenue from External Customer [Line Items]    
Net sales $ 637 $ 701