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Net Income Per Common Share
 6 Months Ended
Jul. 31, 2017
Earnings Per Share [Abstract]  
Net income per common share
Net Income Per Common Share
Basic net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period. Diluted net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period adjusted for the dilutive effect of share-based awards. The Company did not have significant share-based awards outstanding that were antidilutive and not included in the calculation of diluted net income per common share attributable to Walmart for the three and six months ended July 31, 2017 and 2016.
The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted net income per common share attributable to Walmart:
 
 
Three Months Ended July 31,
 
Six Months Ended July 31,
(Amounts in millions, except per share data)
 
2017
 
2016
 
2017
 
2016
Numerator
 
 
 
 
 
 
 
 
Consolidated net income
 
$
3,104

 
$
3,889

 
$
6,256

 
$
7,105

Consolidated net income attributable to noncontrolling interest
 
(205
)
 
(116
)
 
(318
)
 
(253
)
Consolidated net income attributable to Walmart
 
$
2,899

 
$
3,773

 
$
5,938

 
$
6,852

 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding, basic
 
3,008

 
3,109

 
3,021

 
3,126

Dilutive impact of stock options and other share-based awards
 
13

 
10

 
13

 
10

Weighted-average common shares outstanding, diluted
 
3,021

 
3,119

 
3,034

 
3,136


 
 
 
 
 
 
 
 
Net income per common share attributable to Walmart
 
 
 
 
 
 
 
 
Basic
 
$
0.96

 
$
1.21

 
$
1.97

 
$
2.19

Diluted
 
0.96

 
1.21

 
1.96

 
2.18