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Leases and Other Commitments
 9 Months Ended
Oct. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Leases and Other Commitments Leases and Other Commitments
Leases
The Company has operating leases for corporate offices, data centers and equipment under non-cancelable operating leases with various expiration dates. The leases have remaining terms of 1 to 18 years, some of which include options to terminate within one year.
Total operating lease costs were $294 million and $278 million for the three months ended October 31, 2021 and 2020, respectively, and $818 million and $815 million for the nine months ended October 31, 2021 and 2020, respectively.
For the three months ended October 31, 2021 and 2020, cash payments for operating leases were $210 million and $222 million, respectively, and $664 million and $672 million for the nine months ended October 31, 2021 and 2020, respectively. Operating lease commencements and modifications resulted in increases to ROU assets and corresponding operating lease liabilities of $37 million and $196 million during the three months ended October 31, 2021 and 2020, respectively, and $174 million and $562 million during the nine months ended October 31, 2021 and 2020, respectively. The July 2021 acquisition of Slack resulted in an increase in ROU assets and operating lease liabilities of $208 million and $283 million, respectively.
As of October 31, 2021, the maturities of lease liabilities under non-cancelable operating and finance leases were as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Remaining three months of fiscal 2022$170 $24 
Fiscal 2023749 96 
Fiscal 2024578 96 
Fiscal 2025461 87 
Fiscal 2026398 24 
Thereafter1,334 0 
Total minimum lease payments3,690 327 
Less: Imputed interest(280)(10)
Total$3,410 $317 
Operating lease amounts above 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 $189 million in the next five years and $29 million thereafter.
As of October 31, 2021, the Company has additional operating leases that have not yet commenced totaling $1.4 billion and therefore not reflected on the condensed consolidated balance sheets and tables above. These operating leases include agreements for office facilities to be constructed. These operating leases will commence between fiscal year 2022 and fiscal year 2025 with lease terms of 3 to 18 years.
Letters of Credit
As of October 31, 2021, the Company had a total of $131 million in letters of credit outstanding substantially in favor of certain landlords for office space. These letters of credit renew annually and expire at various dates through 2034.