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Net Income Per Common Share
9 Months Ended
Oct. 31, 2024
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 as determined under the treasury stock method. 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 nine months ended October 31, 2024 and 2023.
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)2024202320242023
Numerator
Consolidated net income$4,714 $643 $14,732 $10,592 
Consolidated net income attributable to noncontrolling interest(137)(190)(550)(575)
Consolidated net income attributable to Walmart$4,577 $453 $14,182 $10,017 
Denominator
Weighted-average common shares outstanding, basic8,038 8,078 8,044 8,080 
Dilutive impact of share-based awards44 32 38 30 
Weighted-average common shares outstanding, diluted8,082 8,110 8,082 8,110 
Net income per common share attributable to Walmart
Basic$0.57 $0.06 $1.76 $1.24 
Diluted0.57 0.06 1.75 1.24