12 Months Ended Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions Jan. 31, Jan. 31, You Must Use Excel Formulas in Yellow Boxes 2018 2017 Revenues: Horizontal Horizontal Dollar Value Percent $495,761 $481,317 Net sales Membership and other income 4,582 4,556 Total revenues 500,343 485,873 Costs and expenses: Cost of sales Gross Profit Operating, selling, general and 373,396 361,256 126,947 124,617 106,510 101,853 administrative expenses 20,437 22,764 Operating income Interest: Debt Capital lease and financing obligations 2,044 1,978 352 323 (100) (152) Interest income 2,267 2,178 Interest, net Gain (loss) on extinguishment of debt 3,136 20,497 15,123 Income before income taxes 6,204 4,600 Provision for income taxes 14,293 10,523 Consolidated net income (650) (661) Consolidated net income attributable to 0. noncontrolling interest $ 13,643 $9,862 Consolidated net income attributable to Walmart