COVID Stimulus Watch Individual Entry

Recipient Company:
Walmart Inc
Loan or Loan Guarantee Amount:
$2,708,452

Recipient Details

Ownership Structure: publicly traded (ticker symbol WMT)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Walmart
Headquartered in: Arkansas
Parent Sector: retailing
Parent Industry: retail-discount stores
Employees (prior to pandemic): 2,200,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $538,409,818
Contracting icon
Government-contracting-related Penalties: $2,682,000
Environment icon
Environmental / Healthcare / Safety Penalties: $122,194,664
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $285,651,500
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 983 to 1
CEO Compensation: $22,105,350
Worker Median Pay: $22,484
Tax icon
Total Federal, State, and Local Subsidies: $117,092,146
Federal Corporate Income Tax Rate: 15.3%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources