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The following is an excerpt from Walmart's 2015 Form 10-K A summary of the provision for income taxes is as follows ($ millions): Current: U.S.
The following is an excerpt from Walmart's 2015 Form 10-K
A summary of the provision for income taxes is as follows ($ millions):
Current:
U.S. federal$6,165
U.S. state and local810
International1,529
Total current tax provision8,504
Deferred:
U.S. federal(387)
U.S. state and local(55)
International(77)
Total deferred tax expense (benefit) $(519)
a. What amount of income tax expense does Walmart report in its income statement for 2015?
$Answer
million
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