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Net Income Per Common Share (Notes)
 6 Months Ended
Jul. 31, 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 and six months ended July 31, 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 July 31,
 
Six Months Ended July 31,
(Amounts in millions, except per share data)
 
2020
 
2019
 
2020
 
2019
Numerator
 
 
 
 
 
 
 
 
Consolidated net income
 
$
6,439

 
$
3,680

 
$
10,513

 
$
7,586

Consolidated net (income) loss attributable to noncontrolling interest
 
37

 
(70
)
 
(47
)
 
(134
)
Consolidated net income attributable to Walmart
 
$
6,476

 
$
3,610

 
$
10,466

 
$
7,452

 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding, basic
 
2,832

 
2,853

 
2,832

 
2,861

Dilutive impact of share-based awards
 
16

 
16

 
16

 
17

Weighted-average common shares outstanding, diluted
 
2,848

 
2,869

 
2,848

 
2,878

 
 
 
 
 
 
 
 
 
Net income per common share attributable to Walmart
 
 
 
 
 
 
 
 
Basic
 
$
2.29

 
$
1.27

 
$
3.70

 
$
2.60

Diluted
 
2.27

 
1.26

 
3.67

 
2.59