Walmart Financial Statment Analysis 201
Consolidated Balance Sheets
Walmart’s Statement of Financial Position on January 31, 2012 is given below together with some transactions reported during the fiscal year 2012.
(Amounts in millions)
January 31, 2012
Cash and cash equivalents
Prepaid expenses and other
Total current assets
Property and equipment, at cost:
Buildings and improvements
Fixtures and equipment
Construction in progress
Property and equipment, at cost
Less accumulated depreciation
Property and equipment, net
Property under capital lease:
Property under capital lease, Goodwill & Other assets
Liabilities and Shareholders’ Equity
Accrued income taxes
Long-term debt due within one year
Total current liabilities
44,070 Deferred income taxes
Other Noncurrent Liabilities (including nonredeemable noncontrolling interest)
Commitments and contingencies
Common stock ($0.10 par value; 11,000 shares authorized 3,516 issued and outstanding at January 31, 2011, respectively
342 Capital in excess of par value
Total shareholders’ equity
Total liabilities and shareholders’ equity
Walmart was involved in the following transactions in fiscal 2012. All figures are in millions.
1. The company purchased $355,577 of inventory on account.
2. The company sold gift cards for which $2,365 is collected in cash. The cards expire in one year. The company does not recognize this as revenue until customers actually use (redeem) the cards.
3. The company