Microsoft Excel LibreOffice Calc

Walmart Inc. (WMT)


Statement of Cash Flows

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Walmart Inc., Consolidated Statement of Cash Flows

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016 Jan 31, 2015 Jan 31, 2014
Consolidated net income 7,179  10,523  14,293  15,080  17,099  16,695 
Income from discontinued operations, net of income taxes —  —  —  —  (285) (144)
Income from continuing operations 7,179  10,523  14,293  15,080  16,814  16,551 
Depreciation and amortization 10,678  10,529  10,080  9,454  9,173  8,870 
Unrealized (gains) and losses 3,516  —  —  —  —  — 
(Gains) and losses for disposal of business operations 4,850  —  —  —  —  — 
Deferred income taxes (499) (304) 761  (672) (503) (279)
Loss on extinguishment of debt —  3,136  —  —  —  — 
Other operating activities 1,734  1,210  206  1,410  785  938 
Receivables, net (368) (1,074) (402) (19) (569) (566)
Inventories (1,311) (140) 1,021  (703) (1,229) (1,667)
Accounts payable 1,831  4,086  3,942  2,008  2,678  531 
Accrued liabilities 183  928  1,137  1,303  1,249  103 
Accrued income taxes (40) (557) 492  (472) 166  (1,224)
Changes in certain assets and liabilities, net of effects of acquisitions 295  3,243  6,190  2,117  2,295  (2,823)
Adjustments to reconcile income from continuing operations to net cash provided by operating activities 20,574  17,814  17,237  12,309  11,750  6,706 
Net cash provided by operating activities 27,753  28,337  31,530  27,389  28,564  23,257 
Payments for property and equipment (10,344) (10,051) (10,619) (11,477) (12,174) (13,115)
Proceeds from the disposal of property and equipment 519  378  456  635  570  727 
Proceeds from the disposal of certain operations 876  1,046  662  246  671  — 
Purchase of available for sale securities —  —  (1,901) —  —  — 
Payments for business acquisitions, net of cash acquired (14,656) (375) (2,463) —  —  (15)
Other investing activities (431) (58) (122) (79) (192) 105 
Net cash used in investing activities (24,036) (9,060) (13,987) (10,675) (11,125) (12,298)
Net change in short-term borrowings (53) 4,148  (1,673) 1,235  (6,288) 911 
Proceeds from issuance of long-term debt 15,872  7,476  137  39  5,174  7,072 
Repayments of long-term debt (3,784) (13,061) (2,055) (4,432) (3,904) (4,968)
Premiums paid to extinguish debt —  (3,059) —  —  —  — 
Dividends paid (6,102) (6,124) (6,216) (6,294) (6,185) (6,139)
Purchase of Company stock (7,410) (8,296) (8,298) (4,112) (1,015) (6,683)
Dividends paid to noncontrolling interest (431) (690) (479) (719) (600) (426)
Purchase of noncontrolling interest —  (8) (90) (1,326) (1,844) (296)
Other financing activities (629) (261) (255) (513) (409) (488)
Net cash used in financing activities (2,537) (19,875) (18,929) (16,122) (15,071) (11,017)
Effect of exchange rates on cash, cash equivalents and restricted cash (438) 487  (452) (1,022) (514) (442)
Net increase (decrease) in cash, cash equivalents and restricted cash 742  (111) (1,838) (430) 1,854  (500)
Cash, cash equivalents and restricted cash at beginning of year 7,014  6,867  8,705  9,135  7,281  7,781 
Cash, cash equivalents and restricted cash at end of period 7,756  6,756  6,867  8,705  9,135  7,281 

Based on: 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), 10-K (filing date: 2014-03-21).

Item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Walmart Inc.’s net cash provided by operating activities declined from 2017 to 2018 and from 2018 to 2019.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Walmart Inc.’s net cash used in investing activities increased from 2017 to 2018 but then declined significantly from 2018 to 2019.
Net cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Walmart Inc.’s net cash used in financing activities declined from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.