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Segments and Disaggregated Revenue
3 Months Ended
Apr. 30, 2024
Segment Reporting Information, Profit (Loss) [Abstract]  
Segments and Disaggregated Revenue Segments and Disaggregated Revenue
Segments
The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce websites and mobile applications, located throughout the U.S., Africa, Canada, Central America, Chile, China, India and Mexico. The Company's operations are conducted in three reportable segments: Walmart U.S., Walmart International and Sam's Club. The Company defines its segments as those operations whose results the 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 merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services through Walmart Connect. The Walmart International segment consists of the Company's operations outside of the U.S., as well as eCommerce and omni-channel initiatives. The Sam's Club segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives. 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 and other measures, including any corporate overhead allocations, as determined by the information regularly reviewed by its CODM.
Net sales by segment are as follows:
 Three Months Ended April 30,
(Amounts in millions)
20242023
Net sales:
Walmart U.S.$108,670 $103,901 
Walmart International29,833 26,604 
Sam's Club21,435 20,499 
Net sales$159,938 $151,004 
Operating income by segment, as well as unallocated operating expenses for corporate and support, interest, net, and other gains and losses are as follows:
 Three Months Ended April 30,
(Amounts in millions)
20242023
Operating income (loss):
Walmart U.S.$5,332 $4,984 
Walmart International1,533 1,164 
Sam's Club615 458 
Corporate and support(639)(366)
Operating income6,841 6,240 
Interest, net600 557 
Other (gains) and losses(794)2,995 
Income before income taxes
$7,035 $2,688 
Disaggregated Revenues
In the following tables, segment net sales are disaggregated by either merchandise category or by market. From time to time, the Company revises the assignment of net sales of a particular item to a merchandise category. When the assignment changes, previous period amounts are reclassified to be comparable to the current period's presentation.
In addition, net sales related to eCommerce are provided for each segment, which include omni-channel sales, where a customer initiates an order digitally and the order is fulfilled through a store or club.
(Amounts in millions)Three Months Ended April 30,
Walmart U.S. net sales by merchandise category20242023
Grocery$66,431 $63,407 
General merchandise25,711 25,765 
Health and wellness14,249 12,848 
Other categories2,279 1,881 
Total$108,670 $103,901 
Of Walmart U.S.'s total net sales, approximately $17.6 billion and $14.5 billion related to eCommerce for the three months ended April 30, 2024 and 2023, respectively.
(Amounts in millions)Three Months Ended April 30,
Walmart International net sales by market20242023
Mexico and Central America$13,232 $10,958 
Canada5,328 5,140 
China5,443 4,924 
Other5,830 5,582 
Total$29,833 $26,604 
Of Walmart International's total net sales, approximately $6.4 billion and $5.4 billion related to eCommerce for the three months ended April 30, 2024 and 2023, respectively.
(Amounts in millions)Three Months Ended April 30,
Sam's Club net sales by merchandise category20242023
Grocery and consumables$14,296 $13,498 
Fuel, tobacco and other categories3,151 3,188 
Home and apparel2,084 2,079 
Health and wellness1,328 1,156 
Technology, office and entertainment576 578 
Total$21,435 $20,499 
Of Sam's Club's total net sales, approximately $2.6 billion and $2.2 billion related to eCommerce for the three months ended April 30, 2024 and 2023, respectively