McMillon emphasized Walmart is a people-led, tech-powered company, investing in associate wages, healthcare and education. More than half of all Walmart U.S. store managers earned bonuses of $100,000 or more; more than 1.1 million people have retirement savings in their 401k plan, and 81 percent of those who participate in the Associate Stock Purchase Plan are hourly associates. He also noted Walmart's adaptability in navigating challenges and the flexibility to change but stay true to its values and purpose. "I wouldn't trade hands with anyone because of our people, our purpose and culture, our unique assets and our ability to change. When the winds blow, flexibility is important and we've got that in our people, our assortment, the ways we serve customers and our emerging business model. […] We're proving we can change and innovate, and we know how to execute. Walmart is an "and" company. We're people and technology. We're stores and eCommerce.