| Segments
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• | insurance companies resulting from pharmacy sales; |
• | banks for customer credit cards, debit cards and electronic bank transfers that take in excess of seven days to process; |
• | suppliers for marketing or incentive programs; |
• | consumer financing programs in certain international operations; and |
• | real estate transactions. |
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(Amounts in millions) | Currency Translation and Other | Derivative Instruments | Minimum Pension Liability | Total | ||||||||||||
Balances as of February 1, 2012 | $ | (806 | ) | $ | (7 | ) | $ | (597 | ) | $ | (1,410 | ) | ||||
Other comprehensive income (loss) | 980 | (135 | ) | 3 | 848 | |||||||||||
Balances as of October 31, 2012 | $ | 174 | $ | (142 | ) | $ | (594 | ) | $ | (562 | ) |
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• | Level 1 - Observable inputs such as quoted prices in active markets; |
• | Level 2 - Inputs other than quoted prices in active markets that are either directly or indirectly observable; and |
• | Level 3 - Unobservable inputs for which little or no market data exists, therefore requiring the Company to develop its own assumptions. |
October 31, 2012 | January 31, 2012 | ||||||||||||||
(Amounts in millions) | Notional Amount | Fair Value | Notional Amount | Fair Value | |||||||||||
Receive fixed-rate, pay floating-rate interest rate swaps designated as fair value hedges | $ | 3,445 | $ | 92 | $ | 3,945 | $ | 183 | |||||||
Receive fixed-rate, pay fixed-rate cross-currency interest rate swaps designated as net investment hedges | 1,250 | 234 | 1,250 | 316 | |||||||||||
Receive fixed-rate, pay fixed-rate cross-currency interest rate swaps designated as cash flow hedges | 2,909 | 34 | 2,884 | (3 | ) | ||||||||||
Receive floating-rate, pay fixed-rate interest rate swaps designated as cash flow hedges | 1,215 | (11 | ) | 1,270 | (16 | ) | |||||||||
Receive floating-rate, pay fixed-rate forward starting interest rate swaps designated as cash flow hedges | 5,000 | (226 | ) | — | — | ||||||||||
Total | $ | 13,819 | $ | 123 | $ | 9,349 | $ | 480 |
October 31, 2012 | January 31, 2012 | |||||||||||||||
(Amounts in millions) | Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||
Long-term debt, including amounts due within one year | $ | 45,422 | $ | 53,897 | $ | 46,045 | $ | 53,043 |
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(Amounts in millions) | October 31, 2012 | January 31, 2012 | |||||
Long-term debt due within one year | $ | 1,744 | $ | 785 | |||
Long-term debt | 6,540 | 7,546 | |||||
Liability subtotals | $ | 8,284 | $ | 8,331 |
October 31, 2012 | January 31, 2012 | ||||||||||||||||||||||
(Amounts in millions) | Fair Value Instruments | Net Investment Instruments | Cash Flow Instruments | Fair Value Instruments | Net Investment Instruments | Cash Flow Instruments | |||||||||||||||||
Prepaid expenses and other | $ | 55 | $ | — | $ | — | $ | 2 | $ | — | $ | — | |||||||||||
Other assets and deferred charges | 37 | 234 | 248 | 181 | 316 | 91 | |||||||||||||||||
Asset subtotals | $ | 92 | $ | 234 | $ | 248 | $ | 183 | $ | 316 | $ | 91 | |||||||||||
Long-term debt due within one year (hedged item) | $ | 55 | $ | — | $ | — | $ | 2 | $ | — | $ | — | |||||||||||
Long-term debt (hedged item) | 37 | — | — | 181 | — | — | |||||||||||||||||
Accrued liabilities | — | — | 7 | — | — | — | |||||||||||||||||
Deferred income taxes and other | — | — | 444 | — | — | 110 | |||||||||||||||||
Liability subtotals | $ | 92 | $ | — | $ | 451 | $ | 183 | $ | — | $ | 110 |
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Record Date | Payable Date | |
March 12, 2012 | April 4, 2012 | |
May 11, 2012 | June 4, 2012 | |
August 10, 2012 | September 4, 2012 | |
December 7, 2012 | December 27, 2012 |
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Three Months Ended October 31, | Nine Months Ended October 31, | |||||||||||||||
(Amounts in millions) | 2012 | 2011 | 2012 | 2011 | ||||||||||||
Net sales: | ||||||||||||||||
Walmart U.S. | $ | 66,127 | $ | 63,835 | $ | 199,825 | $ | 191,397 | ||||||||
Walmart International | 33,159 | 32,383 | 97,252 | 90,387 | ||||||||||||
Sam’s Club | 13,918 | 13,298 | 41,933 | 39,785 | ||||||||||||
Net sales | $ | 113,204 | $ | 109,516 | $ | 339,010 | $ | 321,569 |
Three Months Ended October 31, | Nine Months Ended October 31, | |||||||||||||||
(Amounts in millions) | 2012 | 2011 | 2012 | 2011 | ||||||||||||
Segment operating income: | ||||||||||||||||
Walmart U.S. | $ | 4,844 | $ | 4,634 | $ | 15,128 | $ | 14,280 | ||||||||
Walmart International | 1,455 | 1,389 | 4,258 | 3,885 | ||||||||||||
Sam’s Club | 435 | 386 | 1,461 | 1,328 | ||||||||||||
Other unallocated operating income | (618 | ) | (531 | ) | (1,646 | ) | (1,336 | ) | ||||||||
Operating income | 6,116 | 5,878 | 19,201 | 18,157 | ||||||||||||
Interest, net | 547 | 535 | 1,587 | 1,631 | ||||||||||||
Income from continuing operations before income taxes | $ | 5,569 | $ | 5,343 | $ | 17,614 | $ | 16,526 |
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(Amounts in millions) | Currency Translation and Other | Derivative Instruments | Minimum Pension Liability | Total | ||||||||||||
Balances as of February 1, 2012 | $ | (806 | ) | $ | (7 | ) | $ | (597 | ) | $ | (1,410 | ) | ||||
Other comprehensive income (loss) | 980 | (135 | ) | 3 | 848 | |||||||||||
Balances as of October 31, 2012 | $ | 174 | $ | (142 | ) | $ | (594 | ) | $ | (562 | ) |
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October 31, 2012 | January 31, 2012 | ||||||||||||||
(Amounts in millions) | Notional Amount | Fair Value | Notional Amount | Fair Value | |||||||||||
Receive fixed-rate, pay floating-rate interest rate swaps designated as fair value hedges | $ | 3,445 | $ | 92 | $ | 3,945 | $ | 183 | |||||||
Receive fixed-rate, pay fixed-rate cross-currency interest rate swaps designated as net investment hedges | 1,250 | 234 | 1,250 | 316 | |||||||||||
Receive fixed-rate, pay fixed-rate cross-currency interest rate swaps designated as cash flow hedges | 2,909 | 34 | 2,884 | (3 | ) | ||||||||||
Receive floating-rate, pay fixed-rate interest rate swaps designated as cash flow hedges | 1,215 | (11 | ) | 1,270 | (16 | ) | |||||||||
Receive floating-rate, pay fixed-rate forward starting interest rate swaps designated as cash flow hedges | 5,000 | (226 | ) | — | — | ||||||||||
Total | $ | 13,819 | $ | 123 | $ | 9,349 | $ | 480 |
October 31, 2012 | January 31, 2012 | |||||||||||||||
(Amounts in millions) | Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||
Long-term debt, including amounts due within one year | $ | 45,422 | $ | 53,897 | $ | 46,045 | $ | 53,043 |
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October 31, 2012 | January 31, 2012 | ||||||||||||||||||||||
(Amounts in millions) | Fair Value Instruments | Net Investment Instruments | Cash Flow Instruments | Fair Value Instruments | Net Investment Instruments | Cash Flow Instruments | |||||||||||||||||
Prepaid expenses and other | $ | 55 | $ | — | $ | — | $ | 2 | $ | — | $ | — | |||||||||||
Other assets and deferred charges | 37 | 234 | 248 | 181 | 316 | 91 | |||||||||||||||||
Asset subtotals | $ | 92 | $ | 234 | $ | 248 | $ | 183 | $ | 316 | $ | 91 | |||||||||||
Long-term debt due within one year (hedged item) | $ | 55 | $ | — | $ | — | $ | 2 | $ | — | $ | — | |||||||||||
Long-term debt (hedged item) | 37 | — | — | 181 | — | — | |||||||||||||||||
Accrued liabilities | — | — | 7 | — | — | — | |||||||||||||||||
Deferred income taxes and other | — | — | 444 | — | — | 110 | |||||||||||||||||
Liability subtotals | $ | 92 | $ | — | $ | 451 | $ | 183 | $ | — | $ | 110 |
(Amounts in millions) | October 31, 2012 | January 31, 2012 | |||||
Long-term debt due within one year | $ | 1,744 | $ | 785 | |||
Long-term debt | 6,540 | 7,546 | |||||
Liability subtotals | $ | 8,284 | $ | 8,331 |
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Record Date | Payable Date | |
March 12, 2012 | April 4, 2012 | |
May 11, 2012 | June 4, 2012 | |
August 10, 2012 | September 4, 2012 | |
December 7, 2012 | December 27, 2012 |
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Three Months Ended October 31, | Nine Months Ended October 31, | |||||||||||||||
(Amounts in millions) | 2012 | 2011 | 2012 | 2011 | ||||||||||||
Net sales: | ||||||||||||||||
Walmart U.S. | $ | 66,127 | $ | 63,835 | $ | 199,825 | $ | 191,397 | ||||||||
Walmart International | 33,159 | 32,383 | 97,252 | 90,387 | ||||||||||||
Sam’s Club | 13,918 | 13,298 | 41,933 | 39,785 | ||||||||||||
Net sales | $ | 113,204 | $ | 109,516 | $ | 339,010 | $ | 321,569 |
Three Months Ended October 31, | Nine Months Ended October 31, | |||||||||||||||
(Amounts in millions) | 2012 | 2011 | 2012 | 2011 | ||||||||||||
Segment operating income: | ||||||||||||||||
Walmart U.S. | $ | 4,844 | $ | 4,634 | $ | 15,128 | $ | 14,280 | ||||||||
Walmart International | 1,455 | 1,389 | 4,258 | 3,885 | ||||||||||||
Sam’s Club | 435 | 386 | 1,461 | 1,328 | ||||||||||||
Other unallocated operating income | (618 | ) | (531 | ) | (1,646 | ) | (1,336 | ) | ||||||||
Operating income | 6,116 | 5,878 | 19,201 | 18,157 | ||||||||||||
Interest, net | 547 | 535 | 1,587 | 1,631 | ||||||||||||
Income from continuing operations before income taxes | $ | 5,569 | $ | 5,343 | $ | 17,614 | $ | 16,526 |
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