12 Months Ended Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions Jan. 31, 2018 Jan. 31, 2017 99.08% 0 $ 495,761 4,582 500,343 $ 481,317 4,556 485,873 99.06% 0.94% 0 373,396 106,510 0 o 361,256 101,853 20,437 22,764 3 Revenues: 4 Net sales 5 Membership and other income 6 Total revenues 7 Costs and expenses: 8 Cost of sales Operating, selling, general and administrative 9 expenses 10 Operating income 11 Interest: 12 Debt 13 Capital lease and financing obligations 14 Interest income 15 Interest, net 16 Gain (loss) on extinguishment of debt 17 Income before income taxes 18 Provision for income taxes 19 Consolidated net income Consolidated net income attributable to 20 noncontrolling interest Consolidated net income attributable to Walmart 2,044 323 (100) 2,267 1,978 352 (152) 2,178 3,136 15,123 4,600 10,523 (661) OOOOOOOOO 0 20,497 6,204 14,293 (650) $ 13,643 Jan. 31, 2017 $ 6,867 5,835 43,046 1,941 57,689 179,492 (71,782) 107,710 11,637 (5,169) 6,468 17,037 9,921 198,825 1 Walmart Balance Sheet Verticle Analysis 2 Consolidated Balance Sheets - USD ($) $ In Jan. 31, 2018 3 Current assets 4 Cash and cash equivalents $ 6,756 5 Receivables, net 5,614 6 Inventories 43,783 7 Prepaid expenses and other 3,511 8 Total current assets 59,664 9 Property and equipment: 10 Property and equipment 185,154 11 Less accumulated depreciation 177,479) 12 Property and equipment, net 107,675 13 Property under capital lease and financing 14 Property under capital lease and financing 12,703 15 Less accumulated amortization (5,560) 16 Property under capital lease and financing 7,143 17 Goodwill 18,242 18 Other assets and deferred charges 11,798 19 Total assets 204,522 20 Current liabilities: 21 Short-term borrowings 5,257 22 Accounts payable 46,092 23 Accrued liabilities 22,122 24 Accrued income taxes 645 25 Long-term debt due within one year 3,738 26 Capital lease and financing obligations due 667 27 Total current liabilities 78,521 28 Long-term debt 30,045 29 Long-term capital lease and financing 6,780 30 Deferred income taxes and other 8,354 31 Commitments and contingencies 32 Equity 33 Common stock 295 34 Capital in excess of par value 2,648 35 Retained earnings 85,107 36 Accumulated other comprehensive loss (10,181) 37 Total Walmart shareholders' equity 77,869 38 Noncontrolling interest 2,953 39 Total equity 80,822 40 Total liabilities and equity $ 204,522 TELE TEET 1,099 41,433 20,654 921 OOOOOOOOOOOOOOOOOOOOOOOOOOOOOO 2,256 565 66,928 36,015 6,003 9,344 F OOOOOO 305 2,371 89,354 (14.232) 77,798 2.737 80,535 $ 198,825 Looking for percentages and the equation