Note 3. Receivables

Receivables consist primarily of amounts due from:

•

insurance companies resulting from our pharmacy sales;

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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 of our international subsidiaries; and

•

real estate transactions.

Our Walmart International segment offers a limited amount of consumer credit products, principally through our subsidiaries in Chile, Canada and Mexico. At April 30, 2011, the balance of these receivables was $726 million, net of its reserve for doubtful accounts of $76 million, compared to a receivable balance of $440 million, net of its reserve for doubtful accounts of $29 million at April 30, 2010. These balances are included in receivables, net on the accompanying Condensed Consolidated Balance Sheet.