Walmart Ecosystem Y
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Walmart Inc. 702 S.W. 8th Street Walmart Ecosystem Bentonville, AR 72716–8611 Phone: 1-800-WALMART www.walmart.com Outside Relationships Walmart Inc. (Delaware Corporation) Outside Relationships Regulators Capital Suppliers Customers Securities Regulation Customers Suppliers Capital Regulators Debt Structure Equity Structure and Stock Exchange Bond Listing Rules Securities Public Debt Debt ($53.3B @ 1/31/20) Credit Ratings for Long-Term Debt: Fitch (AA), Moody’s (Aa2) and S&P (AA) Equity Common Stock Financing (11.1B Shares Authorized; 2.9B Regulators Holders $49.1B in Fixed and Floating Senior Unsecured Notes (from 1.75% to 4.125%) Common Stock Repurchases Outstanding) Significant US Securities Working Capital Share Repurchase Program Equity Capital $2.9B Non-U.S. $5.2B Commercial $1.8B Syndicated/Fronted Letters of Shareholders and Commercial Financing $15B U.S. Credit Facility ($10B ($20B authorized, $5.7B remaining, Preferred Stock Revolving Loan; $5B in 5-Year Term Loan) Lines of Credit Paper Credit; Unlimited Trade Letters of Credit The Vanguard Exchange Banks no expiration) (100M Shares Authorized) Professional Group, Inc. Commission Services (4.62% Professional SSgA Funds New York Governance Global Investigations & Security Accounting & Finance Human Resources Marketing & Customer Insights Corporate Matters Services Ernst & Young Management, Stock Board of Directors Security Analyst Accounting Associate Experience Strategy (Auditors) Legal Compliance & Ethics Misc. Corporate Departments Inc. Exchange Cesar Conde (A,T) Marissa A. Mayer (C,T) Steuart L. Walton (T) Investigator Shared Services Benefits Customer Experience Attorney Business Operations Administrative and Publicis (2.50%) Foreign Currency Selected US and Timothy P. Flynn (A,T) C. Douglas McMillon (E) Committees: Audit (A), Support Services Groupe Mexican Trading Security Risk Manager Audit Talent Development Digital Paralegal Asset Protection Foreign Derivatives Trades Compensation (C), (Advertising) BlackRock Stock Counterparties Sarah Friar (A,F) Gregory B. Penner (E) Legal Counsel Installation, Maintenance Regulators Governance (G), Corporate Security Financial Strategy People Analytics Creative Corporate Affairs and Fund Exchange Finance (F), Communications and Utilities Various Law Carla A. Harris (C,G,F) Steven S. Reinemund (C,G,T) Project Manager Advisors (BMV) Federal Trade Technology/ Security Systems Investor Relations Recruiting Firms (Law) (2.20%) Tom Horton (A,G,E,F) S. Robson Walton (E,F) eCommerce (T) Internships Commission Blockchain Business Analytics Project and Program Technology Customer Service and Call Management (PMO) Wal-Mart Geode Engineering Data Analytics & Business Aviation & Travel Merchandising & Online Operations Responsible Sourcing Center Food and Drug Services Management Team EVP, Global Governance, CLO, Corp. Self Insurance Capital IBM Industrial Engineer Intelligence Aviation Management Buying Administration President, CEO—C. Douglas McMillon Secretary—Rachel Brand Stop-Loss Insurance for Workers’ Management Real Estate Construction & Store Planning Research & Strategy EVP, President, Walmart International Mechanical Engineer People Analytics Aviation Pilot Planning Compensation, General Liability, LLC EVP, President, Walmart U.S. CEO— Drug CEO—Judith McKenna Construction Field Project Supervisor Maintenance John Furner and Auto Liability (0.75%) Enforcement VEP, President, Sam’s Club CEO— Civil Engineer Pricing and Planning Aviation Maintenance Pricing Facilities Management HVAC/R Project Management Insurance Administration EVP, President, CEO U.S. eCommerce— Kathryn McLay Electrical Engineer Customer Insights Fixed Base Operation Replenishment Providers Fidelity Marc Lore SVP, Controller—David M. Chojnowski Management Bureau of Supply Chain & Logistics Data Scientists Engineering Project Manager Online Operations Travel Management Modular Development & Research Alcohol, EVP, CFO—M. Brett Biggs EVP, Global CTO/CDO—Suresh Kumar Project Management Replenishment Suppliers (Walmart’s global Company Tobacco, EVP, Corporate Affairs—Daniel J. Bartlett EVP, Global People, CPO—Donna Morris Entertainment Partnerships Data Science Travel Agent Business Analytics Industrial Engineering Planning supply chain LLC Firearms and Supplies Business includes over (0.64%) Explosives 100,000 suppliers Regulation Operations located around Northern US Alliance to Combine the world, Trust Environmental Sam’s Club eCommerce and including the US) Food Service via Walmart U.S. Walmart International Investments, Protection Restaurants Retail Resources in Restaurants in (2020 Revenue = $2.432 B) (2020 Revenue = $0.268B) (2020 Revenue = $2.363 B) Inc. Agency Some Walmart China JD.com United REGIONS United REGIONS Africa Argentina Canada Chile Central America (0.58%) Supercenters REGIONS U.S. Department Subway States States of Agriculture China India Japan Mexico United Kingdom Private Label Wellington (Walmart McDonalds Stores Stores Stores Management Retail Store Owned) Co. LLP Federal Leases Supercenters Discount Stores Neighborhood Specialties y Retail Wholesale Significant Walmart de México (0.58%) Communications (687 of 4,756 Retail 599 Stores Hours: Aurrera Commission Real Estate Units) Markets (Average size of International y Centroamérica Walmart Media Group M-F (10:00–8:30) General State Farm Owners 134,000 sq.ft.) Sat (9:00–8:30) Bodega Aurrera 3,571 Stores 376 Stores 809 Stores Subsidiaries Merchandise Cambridge Investment Fuel/Tire/Lube Services Sun (10–6) Express (1,099) National Labor (Average size of (Average size of (Average size of Sales Management Relations Board Membership Supercenters Warehouse clubs Massmart Bodega Aurrera Key Third Party 178,000 sq.ft.) 105,000 sq.ft.) 42,000 sq.ft.) Money Center/Finance Membership Only Corp. Hours starting at (541) Myntra Brands Club Membership (0.52%) Equal Walmart Pharmacy 7am M-Sat Supermarkets Sam’s Clubs (198) Asda Mi Bodega Aurrera Retail & General Open 24 hours Open 24 hours ($45/annually); Customers Employment Better Homes Open 24 hours (395) eCommerce PhonePe Merchandise Walmart Optical Plus Membership Bill & Melinda Opportunity & Gardens Hypermarkets Cash & Carry Flipkart Walmart Supercenter Sales Sales ($100/annually) Individuals Gates Commission 142,000 items 120,000 items 29,000 items Portrait/Photo 5,500 items (280) Lider Foundation Farberware Other Discount Walmart de México y Sam’s Club Businesses Trust Consumer Radio Grill Stores (store names Centroamérica 350+ associates 225 associates 95 associates Member’s Mark 160–175 associates (163) (0.41%) Product Safety Russell vary by region) (see next panel for detail) Superama Private per store per store per store SmartStyle Hair Salon private label brand per store General Commission (93) Brands (15% of Fisher Asset Merchandise Sales Private Label Walmart Management Medicare, (15% of Walmart International (Walmart- eCommerce eCommerce eCommerce International LLC Medicaid, and merchandise Owned) merchandise does not (0.38%) the Patient Stores Services does not pass Allswell Stores Services Platforms/Technology Stores Services Platforms/Technology pass through through Protection and distribution facilities) distribution Walmart.com Endless Aisle Affordable Care General Store No8 Samsclub.com Club Pickup Walmart.com.mx Click and Collect Flipkart facilities) Athletic Works Act Merchandise (Obamacare) Sales Jet.com Key Company Data (as of 1/31/20) Bonobos (and subsidiaries: Hayneedle, Same Day Delivery Parcel Delivery to Home Asda.com Same Day Delivery PhonePe Share Information Health ModCloth, Shoes.com) Sam’s Club Insurance * NYSE: WMT * Operates in 44 states in the U.S. and in Puerto Rico Portability and Equate * Current Share Price: $125.76 Customers Retail and Same Day Pickup Sam’s Garage Walmart.ca Same Day Pickup Myntra * Sam’s Club had net sales of $58.8 billion for fiscal Accountability Art.com eCommerce * Dividend: $2.12 ($2.16 in FY21) 2020 (11% of Walmart’s consolidated net sales) Act EV1 Individuals Sales Business Commitment * Membership income is a significant component of the Energy Barenecessities.com NextDay Delivery Scan and Go Flipkart.com NextDay Delivery * Every Day Low Pricing” segment’s operating income (operates at a lower Everstart Businesses Regulators * Every Day Low Cost” gross profit rate and lower operating expenses as a Moosejaw.com * Omni-channel offerings for Same and Next Foreign Corrupt George percentage of net sales than Walmart U.S. and Practices Act Day Pickup and Delivery International) * Walmart sells similar products across U.S., Great Value Walmart International State and Local International, and Sam’s Club segments Governments * Walmart International is Walmart’s second largest Holiday Time Distribution (including on each segment’s eCommerce segment and operates in 26 countries through wholly Distribution eCommerce Disaster Distribution Fashion Distribution eCommerce Distribution European Union platform) owned subsidiaries (except for majority-owned Distribution Centers (6) Centers Distribution eCommerce General Data General Distribution Mexico Distribution Mainstays Centers (40) Centers (9) Centers Walmart U.S. subsidiaries in Africa). Total Facilities (25) Total Distribution fulfillment centers Protection General Regional Specialty Distribution (16) * Walmart U.S. had net sales of $341.0 Distribution (88) * Net sales of $120.1 billion for fiscal 2020 (23% of Regulation Marketside Temporary Distribution Centers (42) Centers Facilities billion for fiscal 2020 (66% of Walmart’s Facilities