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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Operating activities:        
Net income $ 468 $ 1,081 $ 1,472 $ 3,805
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 963 670 2,367 1,977
Amortization of costs capitalized to obtain revenue contracts, net 344 271 992 768
Stock-based expense 812 566 2,016 1,648
Gains on strategic investments, net (363) (1,036) (1,177) (1,910)
Tax benefit from intra-entity transfer of intangible property 0 0 0 (2,003)
Changes in assets and liabilities, net of business combinations:        
Accounts receivable, net 91 128 3,895 2,873
Costs capitalized to obtain revenue contracts, net (405) (493) (1,223) (973)
Prepaid expenses and other current assets and other assets 189 80 (1) (134)
Accounts payable and accrued expenses and other liabilities (548) 68 (836) 4
Operating lease liabilities (191) (204) (607) (616)
Unearned revenue (956) (792) (2,880) (2,812)
Net cash provided by operating activities 404 339 4,018 2,627
Investing activities:        
Business combinations, net of cash acquired (35) (24) (14,816) (1,281)
Purchases of strategic investments (147) (368) (933) (942)
Sales of strategic investments 695 33 2,164 685
Purchases of marketable securities (2,193) (1,453) (4,509) (3,968)
Sales of marketable securities 720 662 3,765 1,206
Maturities of marketable securities 150 239 1,802 796
Capital expenditures (166) (124) (550) (561)
Net cash used in investing activities (976) (1,035) (13,077) (4,065)
Financing activities:        
Proceeds from issuance of debt, net of issuance costs (6) 0 7,906 0
Repayments of Slack Convertible Notes, net of capped call proceeds (Note 8) (1,348) 0 (1,180) 0
Proceeds from employee stock plans 430 381 1,030 1,105
Principal payments on financing obligations (45) (12) (118) (84)
Repayments of debt (1) (1) (3) (3)
Net cash provided by (used in) financing activities (970) 368 7,635 1,018
Effect of exchange rate changes (4) 0 (18) (1)
Net decrease in cash and cash equivalents (1,546) (328) (1,442) (421)
Cash and cash equivalents, beginning of period 6,299 4,052 6,195 4,145
Cash and cash equivalents, end of period 4,753 3,724 4,753 3,724
Cash paid during the period for:        
Interest 46 46 94 94
Income taxes, net of tax refunds 68 56 151 180
Non-cash investing and financing activities:        
Fair value of equity awards assumed 0 0 205 6
Fair value of common stock issued as consideration for the acquisition of Slack $ 0 $ 0 $ 11,064 $ 0