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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2018
Operating activities:      
Net income (loss) $ 126 $ 1,110 $ 360
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,135 982 784
Amortization of costs capitalized to obtain revenue contracts, net 876 737 592
Expenses related to employee stock plans 1,785 1,283 997
Loss on settlement of Salesforce.org reseller agreement (Note 7) 166 0 [1],[2] 0 [1],[2]
Gains on strategic investments, net (427) (542) (19)
Changes in assets and liabilities, net of business combinations:      
Accounts receivable, net (1,000) (923) (719)
Costs capitalized to obtain revenue contracts, net (1,130) (981) (1,156)
Prepaid expenses and other current assets and other assets (119) (58) 18
Accounts payable 15 74 (39)
Accrued expenses and other liabilities 967 213 392
Operating lease liabilities (728)    
Unearned revenue 1,665 1,503 1,528
Net cash provided by operating activities 4,331 3,398 2,738
Investing activities:      
Business combinations, net of cash acquired (369) (5,115) (25)
Purchases of strategic investments (768) (362) (216)
Sales of strategic investments 434 260 131
Purchases of marketable securities (3,857) (1,068) (2,003)
Sales of marketable securities 1,444 1,426 558
Maturities of marketable securities 779 146 78
Capital expenditures (643) (595) (534)
Net cash used in investing activities (2,980) (5,308) (2,011)
Financing activities:      
Proceeds from issuance of debt, net 0 2,966 0
Proceeds from employee stock plans 840 704 650
Principal payments on financing obligations [3] (173) (131) (106)
Repayments of debt (503) (1,529) (323)
Net cash provided by financing activities 164 2,010 221
Effect of exchange rate changes (39) 26 (12)
Net increase in cash and cash equivalents 1,476 126 936
Cash and cash equivalents, beginning of period 2,669 2,543 1,607
Cash and cash equivalents, end of period 4,145 2,669 2,543
Cash paid during the period for:      
Interest 106 94 40
Income taxes, net of tax refunds 129 83 53
Non-cash investing and financing activities:      
Fair value of equity awards assumed 373 480 0
Fair value of common stock issued as consideration for business combinations $ 15,215 $ 1,715 $ 12
[1] Amounts include amortization of intangible assets acquired through business combinations, as follows:
 Fiscal Year Ended January 31,
 202020192018
Cost of revenues$440  $215  $166  
Marketing and sales352  232  121  
[2] Amounts include stock-based expense, as follows:
 Fiscal Year Ended January 31,
 202020192018
Cost of revenues$204  $161  $130  
Research and development510  307  260  
Marketing and sales852  643  469  
General and administrative219  172  138  
[3] Previously referred to as principal payments on capital lease obligations.