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58 2015 Annual Report
Information for the Company’s segments, as well as for Corporate and support, including the reconciliation to income from continuing operations
before income taxes, is provided in the following table:
Walmart Corporate and
(Amounts in millions) Walmart U.S. International Sam’s Club support Consolidated
Fiscal Year Ended January 31, 2015
Net sales $288,049 $136,160 $58,020 $ — $482,229
Operating income (loss) 21,336 6,171 1,976 (2,336) 27,147
Interest expense, net (2,348)
Income from continuing operations before income taxes $ 24,799
Total assets 101,381 80,505 13,995 7,825 $203,706
Depreciation and amortization 2,665 2,665 473 3,370 9,173
Capital expenditures 6,286 3,936 753 1,199 12,174
Fiscal Year Ended January 31, 2014
Net sales $279,406 $136,513 $57,157 $ — $473,076
Operating income (loss) 21,787 5,153 1,843 (1,911) 26,872
Interest expense, net (2,216)
Income from continuing operations before income taxes $ 24,656
Total assets $ 98,745 $ 85,370 $14,053 $ 6,583 $204,751
Depreciation and amortization 2,640 2,658 437 3,135 8,870
Capital expenditures 6,378 4,463 1,071 1,203 13,115
Fiscal Year Ended January 31, 2013
Net sales $274,433 $134,748 $56,423 $ — $465,604
Operating income (loss) 21,103 6,365 1,859 (1,602) 27,725
Interest expense, net (2,063)
Income from continuing operations before income taxes $ 25,662
Total assets $ 96,234 $ 85,695 $13,479 $ 7,697 $203,105
Depreciation and amortization 2,644 2,605 410 2,819 8,478
Capital expenditures 5,994 4,640 868 1,396 12,898
Total revenues, consisting of net sales and membership and other income,
and long-lived assets, consisting primarily of property and equipment,
net, aggregated by the Company’s U.S. and non-U.S. operations for fiscal
2015, 2014 and 2013, are as follows:
Fiscal Years Ended January 31,
(Amounts in millions) 2015 2014 2013
Total revenues
U.S. operations $348,227 $338,681 $332,788
Non-U.S. operations 137,424 137,613 135,863
Total revenues $485,651 $476,294 $468,651
Long-lived assets
U.S. operations $ 80,879 $ 79,644 $ 77,692
Non-U.S. operations 35,776 38,263 38,989
Total long-lived assets $116,655 $117,907 $116,681
No individual country outside of the U.S. had total revenues or
long-lived assets that were material to the consolidated totals.
Additionally, the Company did not generate material total revenues
from any single customer.
15 Subsequent Event
Dividends Declared
On February 19, 2015, the Board of Directors approved the fiscal 2016
annual dividend at $1.96 per share, an increase from the fiscal 2015
dividend of $1.92 per share. For fiscal 2016, the annual dividend will be
paid in four quarterly installments of $0.49 per share, according to the
following record and payable dates:
Record Date Payable Date
March 13, 2015 April 6, 2015
May 8, 2015 June 1, 2015
August 7, 2015 September 8, 2015
December 4, 2015 January 4, 2016
Notes to Consolidated Financial Statements