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Common-Size Income Statement
Walmart Inc., common-size consolidated income statement
Based on: 10-K (filing date: 2020-03-20), 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01).
|Income statement item||Description||The company|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Walmart Inc.’s operating income as a percentage of net sales increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.|
|Income from continuing operations before income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Walmart Inc.’s income from continuing operations before income taxes as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.|
|Consolidated net income attributable to Walmart||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Walmart Inc.’s consolidated net income attributable to Walmart as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.|