XML 45 R29.htm IDEA: XBRL DOCUMENT v3.21.2
Debt (Tables)
 9 Months Ended
Oct. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The carrying values of the Company's borrowings were as follows (in millions):
InstrumentDate of issuanceMaturity dateContractual interest rateOutstanding principal as of October 31, 2021October 31, 2021January 31, 2021
2023 Senior NotesApril 2018April 20233.25%$1,000 $998 $996 
Loan assumed on 50 FremontFebruary 2015June 20233.75%187 187 190 
2024 Senior NotesJuly 2021July 20240.625%1,000 997 0 
Slack Convertible NotesJuly 2021 (1) April 20250.50%11 16 0 
2028 Senior NotesApril 2018April 20283.70%1,500 1,492 1,491 
2028 Senior Sustainability NotesJuly 2021July 20281.50%1,000 990 0 
2031 Senior NotesJuly 2021July 20311.95%1,500 1,487 0 
2041 Senior NotesJuly 2021July 20412.70%1,250 1,234 0 
2051 Senior NotesJuly 2021July 20512.90%2,000 1,976 0 
2061 Senior NotesJuly 2021July 20613.05%1,250 1,234 0 
Total carrying value of debt$10,698 10,611 2,677 
Less current portion of debt(20)(4)
Total noncurrent debt$10,591 $2,673 
(1) Assumed in July 2021 acquisition of Slack.
Schedule of Maturities of Long-term Debt The contractual future principal payments for all borrowings as of October 31, 2021 were as follows (in millions):
Fiscal period:
Remaining three months of fiscal 2022$1 
Fiscal 20234 
Fiscal 20241,182 
Fiscal 20251,000 
Fiscal 202611 
Thereafter8,500 
Total principal outstanding$10,698 
Schedule of Interest Expense on Debt The following table sets forth total interest expense recognized related to debt (in millions), which is included within other expense in the Company’s condensed consolidated statements of operations:
 Three Months Ended October 31,Nine Months Ended October 31,
 2021202020212020
Contractual interest expense$69 $24 $128 $72 
Amortization of debt discounts and debt issuance costs3 1 17 3 
$72 $25 $145 $75