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Segments
12 Months Ended
Jan. 31, 2015
Segment Reporting Information, Profit (Loss) [Abstract]  
Segments
Segments
The Company is engaged in the operation of retail, wholesale and other units located in the U.S., Africa, Argentina, Brazil, Canada, Central America, Chile, China, India, Japan, Mexico and the United Kingdom. The Company's operations are conducted in three business segments: Walmart U.S., Walmart International and Sam's Club. The Company defines its segments as those operations whose results its chief operating decision maker ("CODM") regularly reviews to analyze performance and allocate resources. The Company sells similar individual products and services in each of its segments. It is impractical to segregate and identify revenues for each of these individual products and services.
The Walmart U.S. segment includes the Company's mass merchant concept in the U.S. operating under the "Walmart" or "Wal-Mart" brands, as well as walmart.com. The Walmart International segment consists of the Company's operations outside of the U.S., including various retail websites. The Sam's Club segment includes the warehouse membership clubs in the U.S., as well as samsclub.com. Corporate and support consists of corporate overhead and other items not allocated to any of the Company's segments.
The Company measures the results of its segments using, among other measures, each segment's net sales and operating income, which includes certain corporate overhead allocations. From time to time, the Company revises the measurement of each segment's operating income, including any corporate overhead allocations, as determined by the information regularly reviewed by its CODM. When the measurement of a segment changes, previous period amounts and balances are reclassified to be comparable to the current period's presentation.
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:
(Amounts in millions)
 
Walmart U.S.
 
Walmart International
 
Sam's Club
 
Corporate and 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.