Walmart Q2 2025 10-Q: Debt Maturities Detailed
Ticker: WMT · Form: 10-Q · Filed: Aug 30, 2024 · CIK: 104169
Sentiment: neutral
Topics: 10-Q, debt, financials, Walmart
Related Tickers: WMT
TL;DR
Walmart's Q2 10-Q shows a mix of debt maturities out to 2039. Solid financials.
AI Summary
Walmart Inc. filed its 10-Q for the period ending July 31, 2024, reporting on its financial performance. The filing details various debt instruments, including notes due in 2026, 2028, 2029, 2030, 2031, 2034, 2035, and 2039, indicating ongoing financing activities. The company's fiscal year ends on January 31st, with this report covering the second quarter of fiscal year 2025.
Why It Matters
This filing provides insight into Walmart's debt structure and maturity profile, which is crucial for understanding its financial health and future borrowing capacity.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report and does not indicate any immediate or significant risks.
Key Numbers
- 2026 — Debt Maturity Year (Short-term debt maturity)
- 2039 — Debt Maturity Year (Long-term debt maturity)
- 07312024 — Reporting Period End Date (End of Q2 fiscal year 2025)
Key Players & Entities
- Walmart Inc. (company) — Filer of the 10-Q
- 20240731 (date) — End of reporting period
- 2025 (date) — Fiscal year
- A2.550NotesDue2026 (dollar_amount) — Debt instrument
- A1050NotesDue2026 (dollar_amount) — Debt instrument
- A1500NotesDue2028 (dollar_amount) — Debt instrument
- A4875NotesDue2029 (dollar_amount) — Debt instrument
- A5750NotesDue2030 (dollar_amount) — Debt instrument
- A1800NotesDue2031 (dollar_amount) — Debt instrument
- A5625NotesDue2034 (dollar_amount) — Debt instrument
FAQ
What is the total value of the notes due in 2026?
The filing lists 'A2.550NotesDue2026' and 'A1050NotesDue2026', but the exact total value for 2026 maturities is not explicitly stated in this excerpt.
When does Walmart's fiscal year end?
Walmart's fiscal year ends on January 31st.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending July 31, 2024.
What is the par value of Walmart's common stock?
The par value of Walmart's common stock is $0.10 per share.
What are some of the debt maturity dates mentioned in the filing?
The filing mentions debt maturities in 2026, 2028, 2029, 2030, 2031, 2034, 2035, and 2039.
Filing Stats: 4,876 words · 20 min read · ~16 pages · Grade level 14.6 · Accepted 2024-08-30 16:50:41
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share WMT New York Stock Exchange
Filing Documents
- wmt-20240731.htm (10-Q) — 1324KB
- wmtexhibit311fy25q2.htm (EX-31.1) — 8KB
- wmtexhibit312fy25q2.htm (EX-31.2) — 8KB
- wmtexhibit321fy25q2.htm (EX-32.1) — 4KB
- wmtexhibit322fy25q2.htm (EX-32.2) — 4KB
- wmtexhibit991fy25q2.htm (EX-99.1) — 6KB
- wmt-20240731_g1.jpg (GRAPHIC) — 34KB
- 0000104169-24-000141.txt ( ) — 5890KB
- wmt-20240731.xsd (EX-101.SCH) — 34KB
- wmt-20240731_cal.xml (EX-101.CAL) — 59KB
- wmt-20240731_def.xml (EX-101.DEF) — 158KB
- wmt-20240731_lab.xml (EX-101.LAB) — 485KB
- wmt-20240731_pre.xml (EX-101.PRE) — 330KB
- wmt-20240731_htm.xml (XML) — 761KB
Financial Information
Part I. Financial Information
Financial Statements
Item 1. Financial Statements Condensed Consolidated Statements of Income 4 Condensed Consolidated Statements of Comprehensive Income 5 Condensed Consolidated Balance Sheets 6 Condensed Consolidated Statements of Shareholders' Equity 7 Condensed Consolidated Statements of Cash Flows 8 Notes to Condensed Consolidated Financial Statements 9
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 18
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk 28
Controls and Procedures
Item 4. Controls and Procedures 29
Other Information
Part II. Other Information
Legal Proceedings
Item 1. Legal Proceedings 30
Risk Factors
Item 1A. Risk Factors 31
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 31
Other Information
Item 5. Other Information 32
Exhibits
Item 6. Exhibits 35
Signatures
Signatures 36 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements Walmart Inc. Condensed Consolidated Statements of Income (Unaudited) Three Months Ended July 31, Six Months Ended July 31, (Amounts in millions, except per share data) 2024 2023 2024 2023 Revenues: Net sales $ 167,767 $ 160,280 $ 327,705 $ 311,284 Membership and other income 1,568 1,352 3,138 2,649 Total revenues 169,335 161,632 330,843 313,933 Costs and expenses: Cost of sales 126,810 121,850 248,241 237,134 Operating, selling, general and administrative expenses 34,585 32,466 67,821 63,243 Operating income 7,940 7,316 14,781 13,556 Interest: Debt 557 543 1,154 1,111 Finance lease 122 99 239 195 Interest income ( 114 ) ( 148 ) ( 228 ) ( 255 ) Interest, net 565 494 1,165 1,051 Other (gains) and losses 1,162 ( 3,905 ) 368 ( 910 ) Income before income taxes 6,213 10,727 13,248 13,415 Provision for income taxes 1,502 2,674 3,230 3,466 Consolidated net income 4,711 8,053 10,018 9,949 Consolidated net income attributable to noncontrolling interest ( 210 ) ( 162 ) ( 413 ) ( 385 ) Consolidated net income attributable to Walmart $ 4,501 $ 7,891 $ 9,605 $ 9,564 Net income per common share: Basic net income per common share attributable to Walmart $ 0.56 $ 0.98 $ 1.19 $ 1.18 Diluted net income per common share attributable to Walmart 0.56 0.97 1.19 1.18 Weighted-average common shares outstanding: Basic 8,044 8,079 8,048 8,081 Diluted 8,081 8,108 8,082 8,110 Dividends declared per common share $ — $ — $ 0.83 $ 0.76 See accompanying notes. 4 Table of Contents Walmart Inc. Condensed Consolidated Statements of Comprehensive Income (Unaudited) Three Months Ended July 31, Six Months Ended July 31, (Amounts in millions) 2024 2023 2024 2023 Consolidated net income $ 4,711 $ 8,053 $ 10,018 $ 9,949 Consolidated net income attributable to noncontrolling interest ( 210 ) ( 162 ) ( 413 ) ( 385 ) Consolidated net income attributable to Walmart 4,501 7,891 9,605 9,564 Other comprehensive income (loss), net
Legal Proceedings
Legal Proceedings The Company is involved in a number of legal proceedings and certain regulatory matters. The Company records a liability for those legal proceedings and regulatory matters when it determines it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. The Company also discloses when it is reasonably possible that a material loss may be incurred. From time to time, the Company may enter into discussions regarding settlement of these matters, and may enter into settlement agreements, if it believes settlement is in the best interest of the Company and its shareholders. Unless stated otherwise, the matters discussed below, if decided adversely to or settled by the Company, individually or in the aggregate, may result in a liability material to the Company's financial position, results of operations, or cash flows. The Company can provide no assurance as to the scope and outcome of these matters and cannot reasonably estimate any loss or range of loss, beyond the amounts accrued, if any, that may arise from these matters. Settlement of Certain Opioid-Related Matters TheCompany entered into settlement agreements with all 50 states, the District of Columbia, Puerto Rico, three U.S. territories, and the vast majority of eligible political subd