Walmart Inc.

NYSE-WMT

Operating Activities	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Net Income	23,303	21,929	19,489	20,157	20,410	16,339
Depreciation & Amortization	13,836	13,490	13,214	12,973	12,716	12,442
Depreciation and Amortization
Other Adjustments	2,201	2,846	4,138	3,132	2,983	6,289
Investment Gains and Losses, Net
Gains and Losses for Disposal of Business Operations
Asda Pension Contribution
Deferred Income Taxes
Loss on Extinguishment of Debt
Other Operating Activities
Changes in Trade Receivables	-1,839	-1,591	-684	-1,106	-1,521	-832
Receivables, Net
Changes in Inventories	-1,776	-2,180	-3,033	-2,755	138	561
Inventories
Changes in Accounts Payable	3,099	3,364	2,705	3,228	2,575	682
Accounts Payable
Changes in Accrued Expenses	2,080	336	1,401	379	2,164	-1,366
Accrued Liabilities
Changes in Income Taxes Payable	73	244	375	435	165	-233
Accrued Income Taxes
Cash from Operating Activities	40,977	38,438	37,605	36,443	39,630	33,882
Net Cash Provided by Operating Activities

Investing Activities	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Capital Expenditure	-25,714	-24,685	-24,093	-23,783	-22,628	-21,897
Payments for Property and Equipment
Proceeds from Sale of Property, Plant & Equipment	143	181	385	432	445	409
Proceeds from Disposal of Property and Equipment
Purchases of Investments	—	—	—	—	—	—
Purchase of Available for Sale Securities
Payments for Business Acquisitions	—	—	—	-1,896	—	—
Payments for Business Acquisitions, Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	4,080	—	—
Proceeds from Disposal of Certain Operations, Net of Divested Cash
Proceeds from Disposal of Certain Operations
Other Investing Activities	-1,347	-756	-539	-212	-60	-23
Other Investing Activities
Cash from Investing Activities	-27,748	-22,450	-22,063	-21,379	-18,574	-21,506
Net Cash Provided by Investing Activities

Financing Activities	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Net Issuance / (Repayments) of Short-Term Debt	4,845	656	148	2,212	-6,391	-1,354
Net Change in Short-Term Borrowings
Issuance of Long-Term Debt	—	—	—	—	—	—
Proceeds from Issuance of Long-Term Debt
Repayments of Long-Term Debt	-3,276	-1,851.5	-2,219.5	-3,468	-3,146.5	-2,971
Repayments of Long-Term Debt
Net Issuance / (Repayments) of Long-Term Debt	-3,276	-1,851.5	-2,219.5	-3,468	-3,146.5	-2,971
Repurchases of Common Shares	-8,453	-8,622	-7,990	-4,494	-4,546	-3,680
Purchase of Company Stock
Net Issuance / (Repurchases) of Common Shares	-8,453	-8,622	-7,990	-4,494	-4,546	-3,680
Common Share Dividends Paid	-7,314	-7,107	-6,897	-6,688	-6,538	-6,404
Dividends Paid
Other Financing Activities	-1,732	-2,023	-1,629	-2,384	-2,076	-2,128
Premiums Paid to Extinguish Debt
Dividends Paid to Noncontrolling Interest
Purchase of Noncontrolling Interest
Sale of Subsidiary Stock
Other Financing Activities
Cash from Financing Activities	-12,161	-14,870	-14,493	-14,822	-22,908	-17,050
Net Cash Provided by Financing Activities