Exhibit 12.1

WAL-MART STORES, INC.

Ratio of Earnings to Fixed Charges

	Three Months Ended						Fiscal Year
(Amounts in millions)	April  30, 2010			April  30, 2009			2010			2009			2008			2007			2006
Income from continuing operations before income taxes	$	5,301		$	4,750		$	22,066		$	20,898		$	20,158		$	18,968		$	17,513
Capitalized interest		(16	)		(27	)		(85	)		(88	)		(150	)		(182	)		(157	)
Consolidated net income attributable to the noncontrolling interest		(143	)		(117	)		(513	)		(499	)		(406	)		(425	)		(324	)
Adjusted income from continuing operations before income taxes		5,142			4,606			21,468			20,311			19,602			18,361			17,032
Fixed Charges:
Interest *		530			542			2,160			2,267			2,267			2,009			1,603
Interest component of rent		145			103			597			406			464			368			328
Total fixed charges		675			645			2,757			2,673			2,731			2,377			1,931
Income from continuing operations before income taxes and fixed charges	$	5,817		$	5,251		$	24,225		$	22,984		$	22,333		$	20,738		$	18,963
Ratio of earnings to fixed charges (times)		8.6			8.1			8.8			8.6			8.2			8.7			9.8

* Includes interest on debt and capital leases, amortization of debt issuance costs and capitalized interest.