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Leases and Other Commitments (Tables)
 12 Months Ended
Jan. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Components of lease expense and supplemental cash flow information
The components of lease expense were as follows (in millions):
Fiscal Year Ended January 31, 2020
Operating lease cost$913  
Finance lease cost:
Amortization of right-of-use assets $65  
Interest on lease liabilities 20  
Total finance lease cost$85  
Supplemental cash flow information related to operating and finance leases was as follows (in millions):
Fiscal Year Ended January 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases$827  
Operating cash outflows for finance leases 15  
Financing cash outflows for finance leases164  
Right-of-use assets obtained in exchange for lease obligations:
Operating leases509  
Balance sheet and other information related to leases
Supplemental balance sheet information related to operating and finance leases was as follows (in millions):
As of January 31, 2020
Operating leases:
Operating lease right-of-use assets$3,040  
Operating lease liabilities, current$750  
Noncurrent operating lease liabilities2,445  
Total operating lease liabilities$3,195  
Finance leases:
Buildings and building improvements $325  
Computers, equipment and software468  
Accumulated depreciation(404) 
Property and equipment, net$389  
Accrued expenses and other liabilities$53  
Other noncurrent liabilities 332  
Total finance lease liabilities$385  
Other information related to leases was as follows:
As of January 31, 2020
Weighted average remaining lease term
Operating leases7 years
Finance leases18 years
Weighted average discount rate
Operating leases2.7 %
Finance leases4.5 %
Maturities of lease liabilities
As of January 31, 2020, the maturities of lease liabilities under non-cancelable operating and finance leases are as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Fiscal 2021$819  $67  
Fiscal 2022624  23  
Fiscal 2023448  23  
Fiscal 2024348  24  
Fiscal 2025285  24  
Thereafter1,020  410  
Total minimum lease payments3,544  571  
Less: Imputed interest(349) (186) 
Total$3,195  $385  
Maturities of lease liabilities
As of January 31, 2020, the maturities of lease liabilities under non-cancelable operating and finance leases are as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Fiscal 2021$819  $67  
Fiscal 2022624  23  
Fiscal 2023448  23  
Fiscal 2024348  24  
Fiscal 2025285  24  
Thereafter1,020  410  
Total minimum lease payments3,544  571  
Less: Imputed interest(349) (186) 
Total$3,195  $385  
Schedule of Future Minimum Rental Payments for Operating Leases
As of January 31, 2019, prior to the adoption of Topic 842, future minimum lease payments under non-cancelable operating and capital leases was as follows (in millions):
Capital Leases (1)Operating Leases (2)Financing Obligation - Leased Facility (3)
Fiscal Period:
Fiscal 2020$200  $778  $22  
Fiscal 2021065823
Fiscal 2022046623
Fiscal 2023036924
Fiscal 2024031424
Thereafter01,610  163
Total minimum lease payments200  $4,195  $279  
Less: amount representing interest(9) 
Present value of capital lease obligations$191  
(1) As of January 31, 2019, the capital lease obligation is included in accrued expenses and other liabilities on the consolidated balance sheet.
(2) Operating leases do not include sublease income. The Company has entered into various sublease agreements with third parties. Under these agreements, the Company expects to receive sublease income of approximately $146 million in the next five years and $79 million thereafter.
(3) Total Financing Obligation - Leased Facility represents the total obligation on the Company’s lease agreement at 350 Mission including amounts allocated to interest and the implied lease for the land. As of January 31, 2019, $215 million of the total $279 million above was recorded to Financing obligation leased facility, of which the current portion is included in accrued expenses and other liabilities and the noncurrent portion is included in other noncurrent liabilities on the consolidated balance sheet. Upon adoption of ASC 842, the lease is accounted for as a finance lease.
Schedule of Future Minimum Lease Payments for Capital Leases
As of January 31, 2019, prior to the adoption of Topic 842, future minimum lease payments under non-cancelable operating and capital leases was as follows (in millions):
Capital Leases (1)Operating Leases (2)Financing Obligation - Leased Facility (3)
Fiscal Period:
Fiscal 2020$200  $778  $22  
Fiscal 2021065823
Fiscal 2022046623
Fiscal 2023036924
Fiscal 2024031424
Thereafter01,610  163
Total minimum lease payments200  $4,195  $279  
Less: amount representing interest(9) 
Present value of capital lease obligations$191  
(1) As of January 31, 2019, the capital lease obligation is included in accrued expenses and other liabilities on the consolidated balance sheet.
(2) Operating leases do not include sublease income. The Company has entered into various sublease agreements with third parties. Under these agreements, the Company expects to receive sublease income of approximately $146 million in the next five years and $79 million thereafter.
(3) Total Financing Obligation - Leased Facility represents the total obligation on the Company’s lease agreement at 350 Mission including amounts allocated to interest and the implied lease for the land. As of January 31, 2019, $215 million of the total $279 million above was recorded to Financing obligation leased facility, of which the current portion is included in accrued expenses and other liabilities and the noncurrent portion is included in other noncurrent liabilities on the consolidated balance sheet. Upon adoption of ASC 842, the lease is accounted for as a finance lease.