Receivables

6 Months Ended

Jul. 31, 2011

Receivables

Receivables

Note 3. Receivables

Receivables primarily consist of amounts due from:

• insurance companies – resulting from pharmacy sales;

• banks – for customer credit card, debit card and electronic bank transfers that take in excess of seven days to process;

• suppliers – for marketing or incentive programs;

• consumer financing programs (in certain international operations); and

• real estate transactions.

Walmart International offers a limited amount of consumer credit products, principally through its operations in Chile, Canada and Mexico. The balance of these receivables was $820 million, net of reserve for doubtful accounts of $84 million, at July 31, 2011, compared to a receivable balance of $460 million, net of reserve for doubtful accounts of $90 million, at July 31, 2010. These balances are included in receivables, net on the accompanying Condensed Consolidated Balance Sheets.