Walmart Inc. - FORM 10-Q - EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - June 3, 2011

Attached files

file	filename
10-Q - FORM 10-Q - Walmart Inc.	d10q.htm
EX-32.2 - CHIEF FINANCIAL OFFICER SECTION 906 CERTIFICATION - Walmart Inc.	dex322.htm
EX-31.2 - CHIEF FINANCIAL OFFICER SECTION 302 CERTIFICATION - Walmart Inc.	dex312.htm
EX-3.(II) - AMENDED AND RESTATED BYLAWS OF THE COMPANY - Walmart Inc.	dex3ii.htm
EX-32.1 - CHIEF EXECUTIVE OFFICER SECTION 906 CERTIFICATION - Walmart Inc.	dex321.htm
EX-31.1 - CHIEF EXECUTIVE OFFICER SECTION 302 CERTIFICATION - Walmart Inc.	dex311.htm
EXCEL - IDEA: XBRL DOCUMENT - Walmart Inc.	Financial_Report.xls

Exhibit 12.1

WAL-MART STORES, INC.

Ratio of Earnings to Fixed Charges


		Three Months Ended								Fiscal Year
(Dollar amounts in millions)		April 30, 2011				April 30, 2010				2011				2010				2009				2008				2007
Income from continuing operations before income taxes		$	5,378			$	5,266			$	23,538			$	22,118			$	20,867			$	20,122			$	19,023
Capitalized interest			(12	)			(16	)			(63	)			(85	)			(88	)			(150	)			(182	)
Consolidated net income attributable to the noncontrolling interest			(151	)			(143	)			(604	)			(513	)			(499	)			(406	)			(425	)

Adjusted income from continuing operations before income taxes			5,215				5,107				22,871				21,520				20,280				19,566				18,416

Fixed Charges:
Interest ⁽¹⁾			574				530				2,268				2,160				2,267				2,267				2,009
Interest component of rent			170				145				651				597				406				464				368

Total fixed charges			744				675				2,919				2,757				2,673				2,731				2,377

Adjusted income from continuing operations before income taxes and fixed charges		$	5,959			$	5,782			$	25,790			$	24,277			$	22,953			$	22,297			$	20,793

Ratio of earnings to fixed charges (times)			8.0				8.6				8.8				8.8				8.6				8.2				8.7

⁽¹⁾	Includes interest on debt and capital leases, amortization of debt issuance costs and capitalized interest.