Fair Value Measurement (Tables)

12 Months Ended

Jan. 31, 2022

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 January 31, 2022 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)		Fair Value
Cash equivalents (1):
Time deposits	$	0	$	1,171	$	0	$	1,171
Money market mutual funds	1,426		0		0		1,426
Cash equivalent securities	0		106		0		106
Marketable securities:
Corporate notes and obligations	0		3,121		0		3,121
U.S. treasury securities	0		202		0		202
Mortgage-backed obligations	0		225		0		225
Asset-backed securities	0		1,051		0		1,051
Municipal securities	0		223		0		223
Commercial paper	0		27		0		27
Covered bonds	0		210		0		210
Other	0		14		0		14
Strategic investments:
Equity securities	370		0		0		370
Total assets	$	1,796	$	6,350	$	0	$	8,146

(1) Included in “cash and cash equivalents” in the accompanying consolidated balance sheets in addition to $2.8 billion of cash, as of January 31, 2022.

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)		Fair Value
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:
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 consolidated balance sheets in addition to $2.8 billion of cash, as of January 31, 2021.