Walmart Inc., adjusted total assets

US$ in millions

	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020	Jan 31, 2019
As Reported
Total assets	252,399)	243,197)	244,860)	252,496)	236,495)	219,295)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	8,533)
Less: Deferred tax assets (included in Other long-term assets)²	1,663)	1,503)	1,473)	1,836)	1,914)	1,796)
After Adjustment
Adjusted total assets	250,736)	241,694)	243,387)	250,660)	234,581)	226,032)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets (included in Other long-term assets). See details »

Download chart

Walmart Inc., adjusted total liabilities

US$ in millions

	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020	Jan 31, 2019
As Reported
Total liabilities	161,828)	159,206)	152,969)	164,965)	154,943)	139,661)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	8,533)
Less: Deferred tax liabilities (included in Deferred income taxes and other)²	7,248)	7,269)	6,917)	8,445)	6,204)	6,296)
After Adjustment
Adjusted total liabilities	154,580)	151,937)	146,052)	156,520)	148,739)	141,898)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities (included in Deferred income taxes and other). See details »

Download chart

Walmart Inc., adjusted total Walmart shareholders’ equity

US$ in millions

	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020	Jan 31, 2019
As Reported
Total Walmart shareholders’ equity	83,861)	76,693)	83,253)	80,925)	74,669)	72,496)
Adjustments
Less: Net deferred tax assets (liabilities)¹	(5,585)	(5,766)	(5,444)	(6,609)	(4,290)	(4,500)
Add: Redeemable noncontrolling interest	222)	237)	—)	—)	—)	—)
Add: Noncontrolling interest	6,488)	7,061)	8,638)	6,606)	6,883)	7,138)
After Adjustment
Adjusted total equity	96,156)	89,757)	97,335)	94,140)	85,842)	84,134)

¹ Net deferred tax assets (liabilities). See details »

Download chart

Walmart Inc., adjusted capitalization table

US$ in millions

	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020	Jan 31, 2019
As Reported
Short-term borrowings	878)	372)	410)	224)	575)	5,225)
Long-term debt due within one year	3,447)	4,191)	2,803)	3,115)	5,362)	1,876)
Finance lease obligations due within one year	725)	567)	511)	491)	511)	729)
Long-term debt, excluding due within one year	36,132)	34,649)	34,864)	41,194)	43,714)	43,520)
Long-term finance lease obligations, excluding due within one year	5,709)	4,843)	4,243)	3,847)	4,307)	6,683)
Total reported debt	46,891)	44,622)	42,831)	48,871)	54,469)	58,033)
Total Walmart shareholders’ equity	83,861)	76,693)	83,253)	80,925)	74,669)	72,496)
Total reported capital	130,752)	121,315)	126,084)	129,796)	129,138)	130,529)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	8,533)
Add: Operating lease obligations due within one year²	1,487)	1,473)	1,483)	1,466)	1,793)	—)
Add: Long-term operating lease obligations, excluding due within one year³	12,943)	12,828)	13,009)	12,909)	16,171)	—)
Adjusted total debt	61,321)	58,923)	57,323)	63,246)	72,433)	66,566)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(5,585)	(5,766)	(5,444)	(6,609)	(4,290)	(4,500)
Add: Redeemable noncontrolling interest	222)	237)	—)	—)	—)	—)
Add: Noncontrolling interest	6,488)	7,061)	8,638)	6,606)	6,883)	7,138)
Adjusted total equity	96,156)	89,757)	97,335)	94,140)	85,842)	84,134)
After Adjustment
Adjusted total capital	157,477)	148,680)	154,658)	157,386)	158,275)	150,700)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease obligations due within one year. See details »

³ Long-term operating lease obligations, excluding due within one year. See details »

⁴ Net deferred tax assets (liabilities). See details »

Download chart

Walmart Inc., adjusted consolidated net income attributable to Walmart

US$ in millions

12 months ended:	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020	Jan 31, 2019
As Reported
Consolidated net income attributable to Walmart	15,511)	11,680)	13,673)	13,510)	14,881)	6,670)
Adjustments
Add: Deferred income tax expense (benefit)¹	(171)	430)	(759)	1,998)	329)	(470)
Add: Other comprehensive income (loss), net of income taxes	944)	(2,056)	2,770)	826)	(1,235)	(113)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	1,325)	(792)	37)	(17)	348)	321)
After Adjustment
Adjusted consolidated net income	17,609)	9,262)	15,721)	16,317)	14,323)	6,408)

¹ Deferred income tax expense (benefit). See details »

Download chart

Walmart Inc. (NYSE:WMT)

Adjustments to Financial Statements