Walmart 2011 Annual Report Download - page 53

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Walmart 2011 Annual Report 51
In the United States and Puerto Rico, long-lived assets, net, excluding
goodwill and other assets and deferred charges were $73.6 billion,
$70.7 billion and $68.5 billion as of January 31, 2011, 2010 and 2009,
respectively. In the United States and Puerto Rico, cash additions to
long-lived assets were $8.7 billion, $8.2 billion and $7.5 billion in scal
2011, 2010 and 2009, respectively.
Outside of the United States, long-lived assets, net, excluding goodwill
and other assets and deferred charges were $34.3 billion, $31.7 billion
and $27.2 billion as of scal 2011, 2010 and 2009, respectively. Outside of
the United States and Puerto Rico, cash additions to long-lived assets
were $4.0 billion in scal 2011, scal 2010 and 2009, respectively. The
Walmart International segment includes all real estate outside the
United States and Puerto Rico. The net revenues and long-lived assets of
the Company’s ASDA subsidiary are signicant to the Walmart International
segment. ASDA’s net sales during fiscal 2011, 2010 and 2009 were
$31.8 billion, $31.2 billion and $34.0 billion, respectively. Currency exchange
rate uctuations during scal 2011 negatively impacted ASDA’s sales by
$502 million. ASDA’s long-lived assets, consisting primarily of property
and equipment, net, totaled $11.9 billion, $12.2 billion and $10.8 billion
at January 31, 2011, 2010 and 2009, respectively.
17 Subsequent Events
Dividends Declared
On March 3, 2011, our Board of Directors approved an increase in
the annual dividend for scal 2012 to $1.46 per share, an increase of
approximately 21% over the dividends paid in scal 2011. Dividends
per share were $1.21 and $1.09 in scal 2011 and 2010, respectively.
For the scal year ending January 31, 2012, the annual dividend will
be paid in four quarterly installments according to the following
record and payable dates:
Record Date Payable Date
March 11, 2011 April 4, 2011
May 13, 2011 June 6, 2011
August 12, 2011 September 6, 2011
December 9, 2011 January 3, 2012
Earthquake in Japan
On March 11, 2011, an earthquake of 9.0 magnitude occurred near the
Northeastern coast of Japan, creating extremely destructive tsunami
waves. The earthquake and tsunami waves caused extensive damage in
Northeastern Japan and also aected other regions in Japan through a
lack of electricity, water and transportation. We are currently unable to
estimate the value of damages and the corresponding insurance recovery
regarding our business in Japan, although we do not believe that any
damages would be material to our nancial position.
Notes to Consolidated Financial Statements