Use Walmarts income statement and cash flow statement for the year ending January 31, 2020 to calculate Walmarts free cash flow. Continue to assume that the tax rate was 21 percent and that deferred taxes relate to operating activities

Walmart's Cash Flow Statement for 2020 Consolidated net income Depreciation and amortization Deferred income expense (Gains) losses on disposals of assets and businesses, net Other operating (income) expense, net Decrease increase) in accounts receivable Decrease increase) in inventories Increase/(decrease) in accounts payable Increase/(decrease) in accrued liabilities Increase/(decrease) in accrued income taxes Net cash provided by operating activities 2020 15,201 10,987 320 15 -941 154 -300 -274 186 -93 25,255 Payments for property and equipment Proceeds from disposal of property and equipment Acquisitions, net of cash acquired Proceeds from disposals of businesses, net Other investing activities Net cash used by investing activities -10,705 321 -56 833 479 -9,128 Net change in short-term borrowings Payment of long-term debt Proceeds from issuance of long-term debt Purchase of Company stock Dividends paid Other financing activities Net cash (used in)/provided by financing activities Effect of exchange rate changes on cash Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 4,656 -1,907 5,492 -5,717 -6,603 -908 -14,299 -69 1,759 7,756 9,515 Walmart's Income Statement for 2020 (Amounts in millions) 2020 Net sales 519,926 Membership and other income 4,038 Total revenues 523,964 Cost of sales -394,605 Operating, selling, general and administrative expenses -108,791 Operating income 20,568 Interest, net -2,410 Other gains and losses) 1,958 Income from continuing operations before income taxes 20,116 Provision for income taxes -4,915 Consolidated net income 15,201 Noncontrolling interest -320 Consolidated net income attributable to Walmart 14,881