XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.23.1

Segments and Disaggregated Revenue | 3 Months Ended
--- | ---
Apr. 30, 2023
Segment Reporting Information, Profit (Loss) [Abstract] |
Segments and Disaggregated Revenue | Segments and Disaggregated Revenue Segments The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce websites, located throughout the U.S., Africa, Canada, Central America, Chile, China, India and Mexico. The Company's operations are conducted in three reportable segments: Walmart U.S., Walmart International and Sam's Club. The Company defines its segments as those operations whose results the chief operating decision maker ("CODM") regularly reviews to analyze performance and allocate resources. The Company sells similar individual products and services in each of its segments. It is impractical to segregate and identify revenues for each of these individual products and services. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services through Walmart Connect. The Walmart International segment consists of the Company's operations outside of the U.S., as well as eCommerce and omni-channel initiatives. The Sam's Club segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives. Corporate and support consists of corporate overhead and other items not allocated to any of the Company's segments. The Company measures the results of its segments using, among other measures, each segment's net sales and operating income, which includes certain corporate overhead allocations. From time to time, the Company revises the measurement of each segment's operating income and other measures, including any corporate overhead allocations, as determined by the information regularly reviewed by its CODM. When the measurement of a segment significantly changes, previous period amounts and balances are reclassified to be comparable to the current period's presentation. Net sales by segment are as follows:
|  | Three Months Ended April 30, |  |
(Amounts in millions) |  | 2023 |  | 2022 |  |  |  |
Net sales: |  |  |  |  |  |  |  |
Walmart U.S. |  | $ | 103,901 |  |  | $ | 96,904 |  |  |  |  |
Walmart International |  | 26,604 |  |  | 23,763 |  |  |  |  |
Sam's Club |  | 20,499 |  |  | 19,621 |  |  |  |  |
Net sales |  | $ | 151,004 |  |  | $ | 140,288 |  |  |  |  |
Operating income by segment, as well as unallocated operating expenses for corporate and support, interest, net, and other gains and losses are as follows:
|  | Three Months Ended April 30, |  |  |  |
(Amounts in millions) |  | 2023 |  | 2022 |  |  |  |  |  |  |  |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Walmart U.S. |  | $ | 4,984 |  |  | $ | 4,462 |  |  |  |  |  |  |  |  |
Walmart International |  | 1,164 |  |  | 772 |  |  |  |  |  |  |  |  |
Sam's Club |  | 458 |  |  | 460 |  |  |  |  |  |  |  |  |
Corporate and support |  | (366) |  |  | (376) |  |  |  |  |  |  |  |  |
Operating income |  | 6,240 |  |  | 5,318 |  |  |  |  |  |  |  |  |
Interest, net |  | 557 |  |  | 419 |  |  |  |  |  |  |  |  |
Other (gains) and losses |  | 2,995 |  |  | 1,998 |  |  |  |  |  |  |  |  |
Income before income taxes |  | $ | 2,688 |  |  | $ | 2,901 |  |  |  |  |  |  |  |  |
Disaggregated Revenues In the following tables, segment net sales are disaggregated by either merchandise category or by market. From time to time, the Company revises the assignment of net sales of a particular item to a merchandise category. When the assignment changes, previous period amounts are reclassified to be comparable to the current period's presentation. In addition, net sales related to eCommerce are provided for each segment, which include omni-channel sales, where a customer initiates an order digitally and the order is fulfilled through a store or club.
(Amounts in millions) |  | Three Months Ended April 30, |  |
Walmart U.S. net sales by merchandise category |  | 2023 |  | 2022 |  |  |  |
Grocery |  | $ | 63,407 |  |  | $ | 56,764 |  |  |  |  |
General merchandise |  | 25,765 |  |  | 27,379 |  |  |  |  |
Health and wellness |  | 12,848 |  |  | 10,894 |  |  |  |  |
Other categories |  | 1,881 |  |  | 1,867 |  |  |  |  |
Total |  | $ | 103,901 |  |  | $ | 96,904 |  |  |  |  |
Of Walmart U.S.'s total net sales, approximately $14.5 billion and $11.4 billion related to eCommerce for the three months ended April 30, 2023 and 2022, respectively.
(Amounts in millions) |  | Three Months Ended April 30, |  |
Walmart International net sales by market |  | 2023 |  | 2022 |  |  |  |
Mexico and Central America |  | $ | 10,958 |  |  | $ | 9,088 |  |  |  |  |
Canada |  | 5,140 |  |  | 5,150 |  |  |  |  |
China |  | 4,924 |  |  | 4,127 |  |  |  |  |
Other |  | 5,582 |  |  | 5,398 |  |  |  |  |
Total |  | $ | 26,604 |  |  | $ | 23,763 |  |  |  |  |
Of Walmart International's total net sales, approximately $5.4 billion and $4.3 billion related to eCommerce for the three months ended April 30, 2023 and 2022, respectively.
(Amounts in millions) |  | Three Months Ended April 30, |  |
Sam's Club net sales by merchandise category |  | 2023 |  | 2022 |  |  |  |
Grocery and consumables |  | $ | 13,498 |  |  | $ | 12,301 |  |  |  |  |
Fuel, tobacco and other categories |  | 3,188 |  |  | 3,558 |  |  |  |  |
Home and apparel |  | 2,079 |  |  | 2,115 |  |  |  |  |
Health and wellness |  | 1,156 |  |  | 1,010 |  |  |  |  |
Technology, office and entertainment |  | 578 |  |  | 637 |  |  |  |  |
Total |  | $ | 20,499 |  |  | $ | 19,621 |  |  |  |  |
Of Sam's Club's total net sales, approximately $2.2 billion and $1.9 billion related to eCommerce for the three months ended April 30, 2023 and 2022, respectively.

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationProfitLossAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration