Refer to the financial statements of Walmart given in Angend x. Required: 1. On the statement of cash fiows, what was the largest item (in absolute value) listed under "Adjustments to reconcile consolidated net income to net cash provided by operating activities" during the most recent reporting year? 2. What amount of tax payments did the company make during the most recent reporting year? Where did you find the information? 3-a. Has the company paid cash dividends during the last three years? 3-b. If the company paid cash dividends during the last three years, how much have they paid in total (in millions of dollars)? (lignore dividends paid to noncontrolling interest) 4. What are the three largest uses of cash under investing and financing activities during the most recent year? Complete this question by entering your answers in the tabs below. On the statement of cash flows, what was the largest item (in absolute value) listed under "Adjustments to reconcile consolidated net income to net cash provided by operating activities" during the most recent reporting year? Walmart Inc. Consolidated Statements of Income Walmart Inc. Consolidated Statements of Comprehensive Income (Amounts in millions) 2021AsofJanuary31, Current assets: \begin{tabular}{lrrr|} \hline Cash and cash equivalents & 57,741 & 9,465 \\ \hline Receivables, net & 6,516 & 6,284 \\ \hline Inventories & 44,949 & 44,435 \\ Prepaid expenses and other & 20,861 & 1,622 \\ \hline Total current assets & 90,067 & 61,806 \\ \hline \end{tabular} \begin{tabular}{lrr|} Property and equipment, net & 92,201 & 105,208 \\ Operating lease right-of-use assets & 13,642 & 17,424 \\ \hline Finance lease right-of-use assets, net & 4,005 & 4,417 \\ Goodwill & 28,983 & 31,073 \\ Other long-term assets & 23,598 & 16,567 \\ \hline Total assets & $252,496 \\ \hline \end{tabular} LIABILITIES AND EQUITY Current liabilities: \begin{tabular}{lrrr|} \hline Short-term borrowings & & & \\ \hline Accounts payable & 224 & $ & 575 \\ \hline Accrued liabilities & 49,141 & 46,973 \\ \hline Accrued income taxes & 37,966 & 22,296 \\ \hline Long-term debt due within one year & 242 & 280 \\ \hline Operating lease obligations due within one year & 3,115 & 5,362 \\ \hline Finance lease obligations due within one year & 1,466 & 1,793 \\ \hline Total curent liabilities & 491 & 511 \\ \hline \end{tabular} \begin{tabular}{lrr|} \hline Long-term debt & 41,194 & 43,714 \\ Long-term operating lease obligations & 12,909 & 16,171 \\ \hline Long-term finance lease obligations & 3,847 & 4,307 \\ Deferred income taxes and other & 14,370 & 12,961 \\ \hline \end{tabular} Commitments and contingencies Equity: Consolidated Statements of Shareholders' Equity See accompanying notes. (Amounts in millions) Cash flows from operating activities: Consolidated net income - Adjustments to reconcile cc solidated net income to net cash provided by operating activities: Leasehold improvements are depreciated or amortized over the shorter of the estimated useful life of the asset or the remaining expected lease term. Total depreciation and amortization expense for property and equipment, property under finance leases and financing obligations, property under capital leases and intangible assets for fiscal 202I, 2020 and 2019 was $11.2 billion, S11.0 billion and $10.7 billion, respectively. (1) Represents goodwill associated with operations in the U.K. and Japan which are classified as held for sale as of January 31 . 2021. Intangible assets are included in other long-term assets in the Company's Consolidated Balance Sheets. As of January 31,2021 and 2020 , the Company had $4.9 billion and $5,2 billion, respectively, in indefinite-lived intangible assets which primarily consists of acquired trade names. There were no significant impairment charges related to intangible assets for fiscal 2021. Daring fiscal 2020, the Company incurred approximately 50.7 billion in impairment charges related to its intangible assets. Investments Investments in equity securities with readily determinable fair values are recorded at fair value in other long-term assets in the Consolidated Balance Sheets with changes in fair value recognized in other gains and losses in the Consolidated Statements of Income, Equity investments without readily determinable fair values are carried at cost Note 5. Acerued Liabilities The Company's accrued liabilities consist of the following as of January 31, 2021 and 2020: (1) Liabilities held for sale relate to the Company's operations in Japan and the U.K. classified as held for sale as of January 31 , 2021c (2)Acerued wages and benefits include accrued wages, salaries, vacation, bonuses and other incentive plans. (3)Self-insurance consists of insurance-elated liabilities, such as workers' compensation, general liability, auto liability, product liability and certain employee-related healtheare benefits. (4) Acerued non-income taxes inelude accrued payroll, property, value-added, sales and miscellancous other taxes. (5)Other accrued liabilities consist of various items such as interest, maintenance, utilities, legal contingencies, and advertising. (1) In April 2020, the Company renewed and extended its existing 364-day revolving credit facility. The committed lines of credit in the table above mature at various times between April 2021 and May 2024, carry interest rates generally ranging between LIBOR plus 10 basis points and LIBOR plus 75 basis points, and incur commitment fees ranging between 1.5 and 4.0 basis points. In conjunction with the committed lines of credit listed in the table above, the Company has agreed to observe certain covenants, the most restrictive of which relates to the maximum amount of secured debt. Additionally, the Company has syndicated and fronted letters of credit available which totaled $1.8 billion as of January 31,2021 and 2020 , of which $1.8 billion and $1.6 billion was drawn as of January 31,2021 and 2020 , respectively. The Company's long-term debt, which includes the fair value instruments, consists of the following as of January 31,2021 and 2020 : (1) the average rate represents the weighted-average stated rate for cach corresponding debt category, based on year-end balances and year-end interost mos Annual maturities of long-term debt during the next five years and thereafter are as follows: Debf Issuances There were no long-term debt issuances in fiscal 2021. Information on long-term debt issued during fiscal 2020 , for general corporate purposes, is as follows: The fiscal 2020 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 which restrict the Company's ability to pay dividends or repurchase company stock