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Net Income Per Common Share (Notes)
3 Months Ended
Apr. 30, 2020
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 anti-dilutive and not included in the calculation of diluted net income per common share attributable to Walmart for the three months ended April 30, 2020 and 2019.
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 April 30,
(Amounts in millions, except per share data)
 
2020
 
2019
Numerator
 
 
 
 
Consolidated net income
 
$
4,074

 
$
3,906

Consolidated net income attributable to noncontrolling interest
 
(84
)
 
(64
)
Consolidated net income attributable to Walmart
 
$
3,990

 
$
3,842

 
 
 
 
 
Denominator
 
 
 
 
Weighted-average common shares outstanding, basic
 
2,831

 
2,869

Dilutive impact of share-based awards
 
18

 
17

Weighted-average common shares outstanding, diluted
 
2,849

 
2,886

 
 
 
 
 
Net income per common share attributable to Walmart
 
 
 
 
Basic
 
$
1.41

 
$
1.34

Diluted
 
1.40

 
1.33