Business Combinations (Tables)

12 Months Ended

Jan. 31, 2022

Slack

Business Acquisition [Line Items]

Schedule of Consideration Transferred

The acquisition date fair value of the consideration transferred for Slack was approximately $27.1 billion, which consisted of the following (in millions):

	Fair Value
Cash	$	15,799
Common stock issued	11,064
Fair value of stock options, restricted stock units and restricted stock awards assumed	205
Total	$	27,068

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the date of acquisition (in millions):

	Fair Value
Cash and cash equivalents	$	1,508
Accounts receivable	97
Acquired customer contract asset	70
Operating lease right-of-use assets	208
Other assets	405
Goodwill	21,161
Intangible assets	6,350
Accounts payable, accrued expenses and other liabilities	(186)
Unearned revenue	(382)
Slack Convertible Notes (see Note 9)	(1,339)
Operating lease liabilities	(283)
Deferred tax liability	(541)
Net assets acquired	$	27,068

Intangible Assets Acquired

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (in millions):

	Fair Value		Useful Life
Developed technology	$	2,360	5 years
Customer relationships	3,690		8 years
Other purchased intangible assets	300		6 years
Total intangible assets subject to amortization	$	6,350

Revenue and Earnings From Acquired Business

Revenues and pretax loss of Slack included in the Company’s consolidated statements of operations from the acquisition date of July 21, 2021 to January 31, 2022 are as follows (in millions):

Total revenues	$	592
Pretax loss	(1,105)

Schedules of Pro Forma Information

The unaudited pro forma financial information was as follows (in millions):

	Fiscal Year Ended January 31,
	2022		2021
Total revenues	$	26,932	$	21,990
Pretax income	1,014		546
Net income	1,127		2,589

Vlocity

Business Acquisition [Line Items]

Schedule of Consideration Transferred

The acquisition date fair value of the consideration transferred for Vlocity was approximately $1.4 billion, which consisted of the following (in millions):

	Fair Value
Cash	$	1,166
Fair value of stock options and restricted stock awards assumed	6
Fair value of pre-existing relationship	208
Total	$	1,380

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (in millions):

	Fair Value
Cash and cash equivalents	$	12
Accounts receivable	22
Goodwill	1,024
Intangible assets	473
Other assets	15
Accounts payable, accrued expenses and other liabilities, current and noncurrent	(35)
Unearned revenue	(64)
Deferred tax liability	(67)
Net assets acquired	$	1,380

Intangible Assets Acquired

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (in millions):

	Fair Value		Useful Life
Developed technology	$	174	4 years
Customer relationships	299		8 years
Total intangible assets subject to amortization	$	473