[Walmart] uses derivative financial instruments for hedging and non-trading purposes to manage its exposure to changes in interest and currency exchange rates, as well as to maintain an appropriate mix of fixedand floating-rate debt. Use of derivative financial instruments in hedging programs subjects the Company to certain risks, such as market and credit risks. … Credit risk related to derivatives represents the possibility that the counterparty will not fulfill the terms of the contract.

Max Haiven, Cultures of Financialization, loc. 275