Short-term Borrowings and Long-term Debt (Tables)

12 Months Ended

Jan. 31, 2025

Long-Term Debt, Unclassified [Abstract]

Schedule of Line of Credit Facilities

The Company has various committed lines of credit in the U.S. to support its commercial paper program which are summarized in the following table:

	January 31, 2025						January 31, 2024
(Amounts in millions)	Available		Drawn		Undrawn		Available		Drawn		Undrawn
Five-year credit facility(1)	$	5,000	$	—	$	5,000	$	5,000	$	—	$	5,000
364-day revolving credit facility(1)	10,000		—		10,000		10,000		—		10,000
Total	$	15,000	$	—	$	15,000	$	15,000	$	—	$	15,000

(1)     In April 2024, the Company renewed and extended its existing 364-day revolving credit facility as well as its five year credit facility.

Schedule of Long-term Debt Instruments

The Company's long-term debt, which includes the fair value instruments further discussed in Note 8, consists of the following as of January 31, 2025 and 2024:

	January 31, 2025				January 31, 2024
(Amounts in millions)	Maturity Dates By Fiscal Year	Amount		Average Rate(1)	Amount		Average Rate(1)
Unsecured fixed-rate debt
U.S. dollar denominated	2026 - 2054	$	31,406	3.8%	$	34,527	3.7%
Euro denominated	2027 - 2030	1,715		4.0%	1,789		4.0%
Sterling denominated	2031 - 2039	3,336		5.4%	3,412		5.4%
Yen denominated	2028	389		0.5%	677		0.4%
Total unsecured fixed-rate debt		36,846			40,405
Total other(2)		(847)			(826)
Total debt		35,999			39,579
Less amounts due within one year		(2,598)			(3,447)
Long-term debt		$	33,401		$	36,132

(1)The average rate represents the weighted-average stated rate for each corresponding debt category, based on year-end balances and year-end interest rates.

(2)Includes deferred loan costs, discounts, fair value hedges, foreign-held debt and secured debt.

Schedule of Maturities of Long-term Debt

Annual maturities of long-term debt during the next five years and thereafter are as follows:

(Amounts in millions)	Annual
Fiscal Year	Maturities
2026	$	2,598
2027	3,451
2028	1,741
2029	3,340
2030	1,955
Thereafter	22,914
Total	$	35,999

Schedule of Significant Debt Issuances

Information on significant long-term debt issued during fiscal 2024, for general corporate purposes, is as follows:

(Amounts in millions)
Issue Date	Principal Amount	Maturity Date	Fixed vs. Floating	Interest Rate	Net Proceeds
April 18, 2023	$750	April 15, 2026	Fixed	4.000%	$	748
April 18, 2023	$750	April 15, 2028	Fixed	3.900%	746
April 18, 2023	$500	April 15, 2030	Fixed	4.000%	497
April 18, 2023	$1,500	April 15, 2033	Fixed	4.100%	1,491
April 18, 2023	$1,500	April 15, 2053	Fixed	4.500%	1,485
Total					$	4,967

Schedule of Significant Debt Repayments

The following tables provide details of significant long-term debt repayments during fiscal 2025 and 2024, respectively:

(Amounts in millions)
Maturity Date	Principal Amount	Fixed vs. Floating	Interest Rate	Repayment
April 22, 2024	$1,500	Fixed	3.300%	$	1,500
July 8, 2024	$990	Fixed	2.850%	990
July 18, 2024	¥40,000	Fixed	0.298%	253
December 15, 2024	$630	Fixed	2.650%	630
Total repayment of matured debt				$	3,373

(Amounts in millions)
Maturity Date	Principal Amount	Fixed vs. Floating	Interest Rate	Repayment
April 11, 2023	$1,750	Fixed	2.550%	$	1,750
June 26, 2023	$2,280	Fixed	3.400%	2,280
Total repayment of matured debt				$	4,030