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FInancial Statements of General Motors and Walmart Retail Chain. Create a column chart that compares operating expenses (some companies may label as SG&A) as a

FInancial Statements of General Motors and Walmart Retail Chain.

Create a column chart that compares operating expenses (some companies may label as SG&A) as a percentage of sales between the two companies. How you format it is up to you, but make sure that it is presented in a clear, professional style and labeled appropriately

GENERAL MOTORS COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In millions, except per share amounts)
December 31, 2015 December 31, 2014
ASSETS
Current Assets
Cash and cash equivalents $ 15,238 $ 18,954
Marketable securities (Note 3) 8,163 9,222
Restricted cash and marketable securities (Note 3; Note 10 at VIEs) 1,590 1,338
Accounts and notes receivable (net of allowance of $327 and $340) 8,337 9,078
GM Financial receivables, net (Note 4; Note 10 at VIEs) 18,051 16,528
Inventories (Note 5) 13,764 13,642
Equipment on operating leases, net (Note 6) 2,783 3,564
Deferred income taxes (Note 16) 8,599 9,760
Other current assets 1,482 1,540
Total current assets 78,007 83,626
Non-current Assets
Restricted cash and marketable securities (Note 3; Note 10 at VIEs) 583 935
GM Financial receivables, net (Note 4; Note 10 at VIEs) 18,500 16,006
Equity in net assets of nonconsolidated affiliates (Note 7) 9,201 8,350
Property, net (Note 8) 31,229 27,743
Goodwill and intangible assets, net (Note 9) 5,947 6,410
GM Financial equipment on operating leases, net (Note 6; Note 10 at VIEs) 20,172 7,060
Deferred income taxes (Note 16) 28,443 25,414
Other assets 2,438 1,957
Total non-current assets 116,513 93,875
Total Assets $ 194,520 $ 177,501
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable (principally trade) $ 24,062 $ 22,529
Short-term debt and current portion of long-term debt (Note 12)
Automotive 817 497
GM Financial (Note 10 at VIEs) 18,745 14,447
Accrued liabilities (Note 11) 27,842 28,184
Total current liabilities 71,466 65,657
Non-current Liabilities
Long-term debt (Note 12)
Automotive 7,948 8,853
GM Financial (Note 10 at VIEs) 35,601 22,868
Postretirement benefits other than pensions (Note 13) 5,685 6,229
Pensions (Note 13) 20,911 23,788
Other liabilities (Note 11) 12,586 14,082
Total non-current liabilities 82,731 75,820
Total Liabilities 154,197 141,477
Commitments and contingencies (Note 15)
Equity (Note 19)
Common stock, $0 01 par value 15 16
Additional paid-in capital 27,607 28,937
Retained earnings 20,285 14,577
Accumulated other comprehensive loss -8,036 -8,073
Total stockholders equity 39,871 35,457
Noncontrolling interests 452 567
Total Equity 40,323 36,024
Total Liabilities and Equity $ 194,520 $ 177,501
GENERAL MOTORS COMPANY AND SUBSIDIARIES
CONSOLIDATED INCOME STATEMENTS
(In millions, except per share amounts)
Years Ended December 31,
2015 2014 2013
Net sales and revenue
Automotive $ 145,922 $ 151,092 $ 152,092
GM Financial 6,434 4,837 3,335
Total net sales and revenue 152,356 155,929 155,427
Costs and expenses
Automotive cost of sales (Note 11) 128,321 138,082 134,925
GM Financial interest, operating and other expenses 5,733 4,039 2,448
Automotive selling, general and administrative expense 13,405 12,158 12,382
Goodwill impairment charges (Note 9) - 120 541
Total costs and expenses 147,459 154,399 150,296
Operating income 4,897 1,530 5,131
Automotive interest expense 443 403 334
Interest income and other non-operating income, net (Note 18) 621 823 1,063
Gain (loss) on extinguishment of debt (Note 12) 449 202 -212
Equity income (Note 7) 2,194 2,094 1,810
Income before income taxes 7,718 4,246 7,458
Income tax expense (benefit) (Note 16) -1,897 228 2,127
Net income 9,615 4,018 5,331
Net (income) loss attributable to noncontrolling interests 72 -69 15
Net income attributable to stockholders $ 9,687 $ 3,949 $ 5,346
Net income attributable to common stockholders $ 9,687 $ 2,804 $ 3,770
Earnings per share (Note 20)
Basic
Basic earnings per common share $ 6 11 $ 1 75 $ 2 71
Weighted-average common shares outstanding 1,586 1,605 1,393
Diluted
Diluted earnings per common share $ 5 91 $ 1 65 $ 2 38
Weighted-average common shares outstanding 1,640 1,687 1,676
Net income $ 9,615 $ 4,018 $ 5,331
Other comprehensive income (loss), net of tax (Note 19)
Foreign currency translation adjustments -955 -473 -733
Defined benefit plans, net 1,011 -4,505 5,693
Other - -5 -39
Other comprehensive income (loss), net of tax 56 -4,983 4,921
Comprehensive income (loss) 9,671 -965 10,252
Comprehensive (income) loss attributable to noncontrolling interests 53 -46 33
Comprehensive income (loss) attributable to stockholders $ 9,724 $ (1,011) $ 10,285
GENERAL MOTORS COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
Years Ended December 31,
2015 2014 2013
Cash flows from operating activities
Net income $ 9,615 $ 4,018 $ 5,331
Depreciation, amortization and impairment charges 8,017 7,238 8,041
Foreign currency remeasurement and transaction losses 829 437 350
Amortization of discount and issuance costs on debt issues 176 181 114
Undistributed earnings of nonconsolidated affiliates and gains on investments -147 -301 -92
Pension contributions and OPEB payments -1,600 -1,315 -1,458
Pension and OPEB expense, net 321 439 638
(Gains) losses on extinguishment of debt -449 -202 212
Provision (benefit) for deferred taxes -2,757 -574 1,561
Change in other operating assets and liabilities (Note 24) -1,754 244 -1,326
Other operating activities -273 -107 -741
Net cash provided by operating activities 11,978 10,058 12,630
Cash flows from investing activities
Expenditures for property -7,874 -7,091 -7,565
Available-for-sale marketable securities, acquisitions -8,113 -7,636 -6,754
Trading marketable securities, acquisitions -1,250 -1,518 -3,214
Available-for-sale marketable securities, liquidations 8,463 6,874 3,566
Trading marketable securities, liquidations 1,758 1,881 6,538
Acquisition of companies/investments, net of cash acquired -928 -53 -2,623
Proceeds from sale of business units/investments, net of cash disposed - - 896
Increase in restricted cash and marketable securities -744 -839 -984
Decrease in restricted cash and marketable securities 376 515 1,107
Purchases of finance receivables -17,495 -14,744 -10,838
Principal collections and recoveries on finance receivables 11,726 10,860 7,555
Purchases of leased vehicles, net -15,158 -4,776 -2,254
Proceeds from termination of leased vehicles 1,096 533 217
Other investing activities 108 296 -9
Net cash used in investing activities -28,035 -15,698 -14,362
Cash flows from financing activities
Net increase in short-term debt 1,128 391 156
Proceeds from issuance of debt (original maturities greater than three months) 35,679 31,373 28,041
Payments on debt (original maturities greater than three months) -17,256 -19,524 -20,191
Payments to purchase stock -3,520 -3,277 -2,438
Dividends paid (including charge related to redemption and purchase of Series A Preferred Stock) -2,242 -3,165 -1,687
Other financing activities -103 -123 -150
Net cash provided by financing activities 13,686 5,675 3,731
Effect of exchange rate changes on cash and cash equivalents -1,345 -1,102 -400
Net increase (decrease) in cash and cash equivalents -3,716 -1,067 1,599
Cash and cash equivalents at beginning of period 18,954 20,021 18,422
Cash and cash equivalents at end of period $ 15,238 $ 18,954 $ 20,021
Significant Non-cash Investing and Financing Activity
Non-cash property additions $ 4,676 $ 3,313 $ 3,224
Mandatory conversion of Series B Preferred Stock into common stock (Note 19) $ 4,854
Walmart Company & Its Subsidiaries
Consolidated Statements of Income
Fiscal Years Ended January 31,
(Amounts in millions, except per share data) 2016 2015 2014
Revenues:
Net sales $478,614 $482,229 $473,076
Membership and other income 3,516 3,422 3,218
Total revenues 482,130 485,651 476,294
Costs and expenses:
Cost of sales 360,984 365,086 358,069
Operating, selling, general and administrative expenses 97,041 93,418 91,353
Operating income 24,105 27,147 26,872
Interest:
Debt 2,027 2,161 2,072
Capital lease and financing obligations 521 300 263
Interest income -81 -113 -119
Interest, net 2,467 2,348 2,216
Income from continuing operations before income taxes 21,638 24,799 24,656
Provision for income taxes:
Current 7,584 8,504 8,619
Deferred -1,026 -519 -514
Total provision for income taxes 6,558 7,985 8,105
Income from continuing operations 15,080 16,814 16,551
Income from discontinued operations, net of income taxes 285 144
Consolidated net income 15,080 17,099 16,695
Consolidated net income attributable to noncontrolling interest -386 -736 -673
Consolidated net income attributable to Walmart $ 14,694 $ 16,363 $ 16,022
Basic net income per common share:
Basic income per common share from continuing operations attributable to Walmart $ 4.58 $ 5.01 $ 4.87
Basic income per common share from discontinued operations attributable to Walmart 0.06 0.03
Basic net income per common share attributable to Walmart $ 4.58 $ 5.07 $ 4.9
Diluted net income per common share:
Diluted income per common share from continuing operations attributable to Walmart $ 4.57 $ 4.99 $ 4.85
Diluted income per common share from discontinued operations attributable to Walmart 0.06 0.03
Diluted net income per common share attributable to Walmart $ 4.57 $ 5.05 $ 4.88
Weighted-average common shares outstanding:
Basic 3,207 3,230 3,269
Diluted 3,217 3,243 3,283
Dividends declared per common share $ 1.96 $ 1.92 $ 1.88
Consolidated Statements of Comprehensive Income
Amounts in millions) 2016 2015 2014
Consolidated net income 15,080 17,099 16,695
Less consolidated net income attributable to nonredeemable noncontrolling interest -386 -736 -606
Less consolidated net income attributable to redeemable noncontrolling interest - - -67
Consolidated net income attributable to Walmart 14,694 16,363 16,022
Other comprehensive income (loss), net of income taxes
Currency translation and other -5,220 -4,558 -3,221
Net investment hedges 366 379 75
Cash flow hedges -202 -470 207
Minimum pension liability 86 -69 153
Other comprehensive income (loss), net of income taxes -4,970 -4,718 -2,786
Less other comprehensive income (loss) attributable to nonredeemable noncontrolling interest 541 546 311
Less other comprehensive income (loss) attributable to redeemable noncontrolling interest - - 66
Other comprehensive income (loss) attributable to Walmart -4,429 -4,172 -2,409
Comprehensive income, net of income taxes 10,110 12,381 13,909
Less comprehensive income (loss) attributable to nonredeemable noncontrolling interest 155 -190 -295
Less comprehensive income (loss) attributable to redeemable noncontrolling interest - - -1
Comprehensive income attributable to Walmart 10,265 12,191 13,613
Walmart & Its Subsidiaries
Consolidated Balance Sheets
(Amounts in millions)
2016 2015
ASSETS
Current assets:
Cash and cash equivalents 8,705 9,135
Receivables, net 5,624 6,778
Inventories 44,469 45,141
Prepaid expenses and other 1,441 2,224
Total current assets 60,239 63,278
Property and equipment:
Property and equipment 176,958 177,395
Less accumulated depreciation -66,787 -63,115
Property and equipment, net 110,171 114,280
Property under capital lease and financing obligations:
Property under capital lease and financing obligations 11,096 5,239
Less accumulated amortization -4,751 -2,864
Property under capital lease and financing obligations, net 6,345 2,375
Goodwill 16,695 18,102
Other assets and deferred charges 6,131 5,455
Total assets 199,581 203,490
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings 2,708 1,592
Accounts payable 38,487 38,410
Accrued liabilities 19,607 19,152
Accrued income taxes 521 1,021
Long-term debt due within one year 2,745 4,791
Capital lease and financing obligations due within one year 551 287
Total current liabilities 64,619 65,253
Long-term debt 38,214 40,889
Long-term capital lease and financing obligations 5,816 2,606
Deferred income taxes and other 7,321 8,805
Commitments and contingencies
Equity:
Common stock 317 323
Capital in excess of par value 1,805 2,462
Retained earnings 90,021 85,777
Accumulated other comprehensive income (loss) -11,597 -7,168
Total Walmart shareholders equity 80,546 81,394
Nonredeemable noncontrolling interest 3,065 4,543
Total equity 83,611 85,937
Total liabilities and equity 199,581 203,490
Walmart & Its Subsidiaries
CONSOLIDATED STATEMENTS OF CASH FLOWS
Cash flows from operating activities: 2016 2015 2014
Consolidated net income $15080 $17099 $16695
Income from discontinued operations, net of income taxes -285 -144
Income from continuing operations 15,080 16,814 16,551
Adjustments to reconcile income from continuing operations to net cash
provided by operating activities:
Depreciation and amortization
Deferred income taxes
Other operating activities
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, -19 -569 -566
Inventories -703 -1,229 -1,667
Accounts payable 2,008 2,678 531
Accrued liabilities 1,303 1,249 103
Accrued income taxes -472 166 -1,224
Net cash provided by operating activities 27,389 28,564 23,257
Cash flows from investing activities: -11,477 -12,174 -13,115
Payments for property and equipment 635 570 727
Proceeds from disposal of property and equipment 246 671
Proceeds from disposal of certain operations
Other investing activities -79 -192 -138
Net cash used in investing activities -10,675 -11,125 -12,526
Cash flows from financing activities:
Net change in short-term borrowings 1,235 -6,288 911
Proceeds from issuance of long-term debt 39 5,174 7,072
Payments of long-term debt -4,432 -3,904 -4,968
Dividends paid -6,294 -6,185 -6,139
Purchase of Company stock -4,112 -1,015 -6,683
Dividends paid to noncontrolling interest -719 -600 -426
Purchase of noncontrolling interest -1,326 -1,844 -296
Other financing activities -513 -409 -260
Net cash used in financing activities -16,122 -15,071 -10,789
Effect of exchange rates on cash and cash equivalents -1,022 -514 -442
Net increase (decrease) in cash and cash equivalents -430 1,854 -500
Cash and cash equivalents at beginning of year 9,135 7,281 7,781
Cash and cash equivalents at end of period $ 8705 $ 9135 $ 7281
Supplemental disclosure of cash flow information:
Income taxes paid 8,111 8,169 8,641
Interest paid 2,540 2,433 2,362

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