- What are the key differences in this Horizontal Analysis of the Income Statement?
B D E F G H IJ K L M N 0 P Wal-Mart Annual Report Consolidated Statement of Operations - USD ($) shares in Thousands, $ in Millions Increase or Decrease 2019 to 2020 Amount % Increase or Decrease 2018 to 2019 Amount % 31-Jan-20 31-Jan-19 31-Jan-18 S 519,926 $ 4,038 523964 510,329 $ 4,076 514405 495,761 4.582 500343 S S 9,597 (38) 9,559 1.88% -0.93% 1.86% $ $ $ 14,568 (506) 14.062 2.94% - 11.04% 2.81% S 394,605 108,791 20,568 385,301 107,147 21,957 373,396 106,510 20,437 S S S $ 9,304 1.644 (1,389) 2.41% 1.53% -6.33% $ $ $ 11,905 637 1,520 3.19% 0.60% 7.44% Revenue: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling, general and administrative expenses Operating income Interest: Debt Finance, capital lease and financing obligations Interest income Interest, net Loss on extinguishment of deht Other (gains) and losses Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributablc to noncontrolling interest Consolidated net income attributable to Walmart 2,262 337 (189) 2,410 1,975 371 (217) 2,129 1,978 352 (152) 2,178 3,136 S S S S 287 (34) 28 281 14.53% % -9.16% - 12.90% 13.20% (1,958) 20,116 4,915 15,201 (320) 14,881 $ 8,368 11,460 4,281 7,179 (509) 6,670 $ $ $ S S S $ (10,326) 8,656 634 8,022 189 8,211 $ $ $ $ $ $ $ $ $ $ $ $ -123.40% 75.53% 14.81% 111.74% -37.13% 123.10% 15,123 4,600 10,523 (661) 9,862 (3) 19 (65) (49) (3,136) ce 8,368 (3,663) (319) (3,344) 152 (3,192) -0.15% 5.40% 42.76% -2.25% -100.00% #DIV/0! -24.22% -6.93% -31.78% -23.00% -32.37% $ Net income per common share: Basic net income per common share attributable to Walmart Diluted net income per common share attributable to Walmart $ 5.22 $ 5.19 2.28 $ 2.26 3.29 3.28 Weighted-average common shares outstanding: Basic Diluted 2,850 2,868.00 $ 2,929 2,945.00 $ 2,995 3,010.00 $ Dividends declared per common share $ 2.12 $ 2.08 $ 2.04 B D E F G H IJ K L M N 0 P Wal-Mart Annual Report Consolidated Statement of Operations - USD ($) shares in Thousands, $ in Millions Increase or Decrease 2019 to 2020 Amount % Increase or Decrease 2018 to 2019 Amount % 31-Jan-20 31-Jan-19 31-Jan-18 S 519,926 $ 4,038 523964 510,329 $ 4,076 514405 495,761 4.582 500343 S S 9,597 (38) 9,559 1.88% -0.93% 1.86% $ $ $ 14,568 (506) 14.062 2.94% - 11.04% 2.81% S 394,605 108,791 20,568 385,301 107,147 21,957 373,396 106,510 20,437 S S S $ 9,304 1.644 (1,389) 2.41% 1.53% -6.33% $ $ $ 11,905 637 1,520 3.19% 0.60% 7.44% Revenue: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling, general and administrative expenses Operating income Interest: Debt Finance, capital lease and financing obligations Interest income Interest, net Loss on extinguishment of deht Other (gains) and losses Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributablc to noncontrolling interest Consolidated net income attributable to Walmart 2,262 337 (189) 2,410 1,975 371 (217) 2,129 1,978 352 (152) 2,178 3,136 S S S S 287 (34) 28 281 14.53% % -9.16% - 12.90% 13.20% (1,958) 20,116 4,915 15,201 (320) 14,881 $ 8,368 11,460 4,281 7,179 (509) 6,670 $ $ $ S S S $ (10,326) 8,656 634 8,022 189 8,211 $ $ $ $ $ $ $ $ $ $ $ $ -123.40% 75.53% 14.81% 111.74% -37.13% 123.10% 15,123 4,600 10,523 (661) 9,862 (3) 19 (65) (49) (3,136) ce 8,368 (3,663) (319) (3,344) 152 (3,192) -0.15% 5.40% 42.76% -2.25% -100.00% #DIV/0! -24.22% -6.93% -31.78% -23.00% -32.37% $ Net income per common share: Basic net income per common share attributable to Walmart Diluted net income per common share attributable to Walmart $ 5.22 $ 5.19 2.28 $ 2.26 3.29 3.28 Weighted-average common shares outstanding: Basic Diluted 2,850 2,868.00 $ 2,929 2,945.00 $ 2,995 3,010.00 $ Dividends declared per common share $ 2.12 $ 2.08 $ 2.04
