There are all these things that add up into this business that's Walmart that keeps it really interesting. At the root of it all, though, it's a people business and it's a merchandising business. Today, it's increasingly a technology business. The supply chain is critical, of course, and real estate still plays a key role.

I think most Americans probably don't know what a tech makes that helps take care of our stores and clubs and that we can help them learn how to be a tech. The same thing's true for our drivers. So we have a need to get the word out so that people know there are some great jobs.

We continue to invest in wages. So I think that's helping some, and that process will continue. As it relates to AI and the future of employment, I think for the most part, our folks are enthusiastic about it because they've seen new tools that they're receiving that are making their jobs better. That's helping them take fewer steps.

Today, Walmart employs about 2.1 million associates. The vast majority of our management team started as an hourly, just like I did. If you walked around here, not just here in Arkansas, but around our company, you would find a lot of people with more than 20 years of service, and you'd find a lot of people who've joined the company to climb up the ladder and create opportunities for themselves.

Looking ahead, we will compete with technology, but win with people. We will be people-led and tech-empowered.

I think what we've seen happen so far is that as we've applied technology for the picking process in the store, for example, is that job composition has changed but we have about the same number of people.