Fair Value of Financial Assets and Liabilities and Investments in Non-Affiliated Entities (Tables)

12 Months Ended

Jan. 28, 2024

Schedule of Fair Value of Financial Assets and Liabilities


		Fair Value at
	Pricing Category	Jan 28, 2024		Jan 29, 2023

		(In millions)
Assets
Cash equivalents and marketable securities:
Money market funds	Level 1	$	3,031	$	1,777
Corporate debt securities	Level 2	$	10,152	$	4,797
Debt securities issued by the U.S. Treasury	Level 2	$	9,524	$	4,142
Debt securities issued by U.S. government agencies	Level 2	$	2,333	$	1,834
Certificates of deposit	Level 2	$	510	$	365
Foreign government bonds	Level 2	$	174	$	140


Other assets (Investment in non-affiliated entities):
Publicly-held equity securities	Level 1	$	225	$	11


Liabilities (1)
0.309% Notes Due 2023	Level 2	$	—	$	1,230
0.584% Notes Due 2024	Level 2	$	1,228	$	1,185
3.20% Notes Due 2026	Level 2	$	970	$	966
1.55% Notes Due 2028	Level 2	$	1,115	$	1,099
2.85% Notes Due 2030	Level 2	$	1,367	$	1,364
2.00% Notes Due 2031	Level 2	$	1,057	$	1,044
3.50% Notes Due 2040	Level 2	$	851	$	870
3.50% Notes Due 2050	Level 2	$	1,604	$	1,637
3.70% Notes Due 2060	Level 2	$	403	$	410

(1) These liabilities are carried on our Consolidated Balance Sheets at their original issuance value, net of unamortized debt discount and issuance costs.

Equity Securities without Readily Determinable Fair Value

Adjustments to the carrying value of our non-marketable equity securities accounted for under the measurement alternative were as follows:


	Year Ended
	Jan 28, 2024
	(In millions)
Carrying amount as of Jan 29, 2023	$	288
Adjustments related to non-marketable equity securities:
Net additions	859
Unrealized gains	194
Impairments and unrealized losses	(20)
Carrying amount as of Jan 28, 2024	$	1,321

The following table summarizes the cumulative gross unrealized gains and cumulative gross unrealized losses and impairments related to non-marketable equity securities accounted for under the measurement alternative:


	Jan 28, 2024
	(In millions)
Cumulative gross unrealized gains	$	270
Cumulative gross unrealized losses and impairments	(45)