Determined from the company tax returns

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Reference no: EM132029146

The following is an excerpt from Walmart's 2015 Form 10-K :

A summary of the provision for income taxes is as follows ($ millions):

Current:

U.S. federal $6,165

U.S. state and local 810

International 1,529

Total current tax provision 8,504

Deferred:

U.S. federal (387)

U.S. state and local (55)

International (77)

Total deferred tax expense (benefit) $(519)

What amount of income tax expense does Walmart report in its income statement for 2015?

How much of Walmart's income tax expense was determined from the company's tax returns?

Reference no: EM132029146

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