Walmart 2016 Annual Report Download - page 48

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2016 Annual Report46
4. Accumulated Other Comprehensive Income (Loss)
The following table provides changes in the composition of total accumulated other comprehensive income (loss) for fiscal 2016, 2015 and 2014:
Currency Translation Net Investment Cash Flow Minimum
(Amounts in millions and net of income taxes) and Other Hedges Hedges Pension Liability Total
Balances as of January 31, 2013 $ (155) $ 202 $ 129 $ (763) $ (587)
Other comprehensive income (loss) before reclassifications (2,844) 75 194 149 (2,426)
Amounts reclassified from accumulated other
comprehensive income (loss) — — 13 4 17
Balances as of January 31, 2014 (2,999) 277 336 (610) (2,996)
Other comprehensive income (loss) before reclassifications (4,012) 379 (496) (58) (4,187)
Amounts reclassified from accumulated other
comprehensive income (loss) — — 26 (11) 15
Balances as of January 31, 2015 (7,011) 656 (134) (679) (7,168)
Other comprehensive income (loss) before reclassifications (4,679) 366 (217) 96 (4,434)
Amounts reclassified from accumulated other
comprehensive income (loss) — — 15 (10) 5
Balances as of January 31, 2016 $(11,690) $1,022 $(336) $(593) $(11,597)
Amounts reclassified from accumulated other comprehensive income (loss) for derivative instruments are recorded in interest, net, in the Company’s
Consolidated Statements of Income, and the amounts for the minimum pension liability are recorded in operating, selling, general and administrative
expenses in the Company’s Consolidated Statements of Income.
5. Accrued Liabilities
The Company’s accrued liabilities consist of the following:
As of January 31,
(Amounts in millions) 2016 2015
Accrued wages and benefits
(1)
$ 5,814 $ 4,954
Self-insurance
(2)
3,414 3,306
Accrued non-income taxes
(3)
2,544 2,592
Other
(4)
7,835 8,300
Total accrued liabilities $19,607 $19,152
(1) Accrued wages and benefits include accrued wages, salaries, vacation, bonuses and other incentive plans.
(2) Self-insurance consists of all insurance-related liabilities, such as workers’ compensation, general liability, auto liability, product liability and certain employee-related
healthcare benefits.
(3) Accrued non-income taxes include accrued payroll, value added, sales and miscellaneous other taxes.
(4) Other accrued liabilities consist of various items such as maintenance, utilities, advertising and interest.
Notes to Consolidated Financial Statements