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Net Income (Loss) Per Common Share (Notes)
9 Months Ended
Oct. 31, 2019
Earnings Per Share [Abstract]  
Net income (loss) 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 anti-dilutive and not included in the calculation of diluted net income per common share attributable to Walmart for the three and nine months ended October 31, 2019 and 2018.
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 October 31,
 
Nine Months Ended October 31,
(Amounts in millions, except per share data)
 
2019
 
2018
 
2019
 
2018
Numerator
 
 
 
 
 
 
 
 
Consolidated net income
 
$
3,321

 
$
1,817

 
$
10,907

 
$
3,366

Consolidated net income attributable to noncontrolling interest
 
(33
)
 
(107
)
 
(167
)
 
(383
)
Consolidated net income attributable to Walmart
 
$
3,288

 
$
1,710

 
$
10,740

 
$
2,983

 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding, basic
 
2,843

 
2,924

 
2,855

 
2,940

Dilutive impact of share-based awards
 
18

 
17

 
17

 
16

Weighted-average common shares outstanding, diluted
 
2,861

 
2,941

 
2,872

 
2,956

 
 
 
 
 
 
 
 
 
Net income per common share attributable to Walmart
 
 
 
 
 
 
 
 
Basic
 
$
1.16

 
$
0.58

 
$
3.76

 
$
1.01

Diluted
 
1.15

 
0.58

 
3.74

 
1.01