Fair Value Measurement (Tables)

9 Months Ended

Oct. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s assets and liabilities that were measured at fair value as of October 31, 2021 and indicates the fair value hierarchy of the valuation (in millions):

Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of October 31, 2021
Cash equivalents (1):
Time deposits	$	0	$	1,025	$	0	$	1,025
Money market mutual funds	849		0		0		849
Cash equivalent securities	0		205		0		205
Marketable securities:
Corporate notes and obligations	0		2,871		0		2,871
U.S. treasury securities	0		211		0		211
Mortgage-backed obligations	0		257		0		257
Asset-backed securities	0		930		0		930
Municipal securities	0		139		0		139
Commercial paper	0		40		0		40
Covered bonds	0		179		0		179
Other	0		11		0		11
Strategic investments:
Publicly held equity securities	603		0		0		603
Total assets	$	1,452	$	5,868	$	0	$	7,320

(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets in addition to $2.7 billion of cash, as of October 31, 2021.

The following table presents information about the Company’s assets and liabilities that were measured at fair value as of January 31, 2021 and indicates the fair value hierarchy of the valuation (in millions):

Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of January 31, 2021
Cash equivalents (1):
Time deposits	$	0	$	1,143	$	0	$	1,143
Money market mutual funds	377		0		0		377
Cash equivalent securities	0		1,910		0		1,910
Marketable securities:
Corporate notes and obligations	0		3,341		0		3,341
U.S. treasury securities	0		206		0		206
Mortgage-backed obligations	0		387		0		387
Asset-backed securities	0		1,101		0		1,101
Municipal securities	0		244		0		244
Covered bonds	0		328		0		328
Other	0		164		0		164
Strategic investments:
Publicly held equity securities	2,068		0		0		2,068
Total assets	$	2,445	$	8,824	$	0	$	11,269

(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets in addition to $2.8 billion of cash, as of January 31, 2021.