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Leases and Other Commitments
 12 Months Ended
Jan. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Leases and Other Commitments Leases and Other Commitments
Leases
The Company has operating leases for corporate offices, data centers and equipment under noncancellable operating and finance leases with various expiration dates. The leases have noncancellable remaining terms of 1 year to 15 years, some of which include options to extend for up to 5 years, and some of which include options to terminate within 1 year.
The components of lease expense were as follows (in millions):
Fiscal Year Ended January 31,
202520242023
Operating lease cost$684 $1,041 $986 
Finance lease cost:
Amortization of right-of-use assets $303 $264 $198 
Interest on lease liabilities 28 29 10 
Total finance lease cost$331 $293 $208 
Supplemental cash flow information related to operating and finance leases was as follows (in millions):
Fiscal Year Ended January 31,
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases$628 $716 $769 
Operating cash outflows for finance leases 27 2910
Financing cash outflows for finance leases380 347180
Right-of-use assets obtained in exchange for lease obligations:
Operating leases345 456915

Supplemental balance sheet information related to operating and finance leases was as follows (in millions):
As of January 31,
20252024
Operating leases:
Operating lease right-of-use assets$2,157 $2,366 
Operating lease liabilities, current$579 $518 
Noncurrent operating lease liabilities2,380 2,644 
Total operating lease liabilities$2,959 $3,162 
Finance leases:
Computers, equipment and software$1,520 $1,579 
Accumulated depreciation(708)(525)
Property and equipment, net$812 $1,054 
Accrued expenses and other liabilities $337 $372 
Other noncurrent liabilities 341 602 
Total finance lease liabilities$678 $974 
Other information related to leases was as follows:
As of January 31,
20252024
Weighted average remaining lease term
Operating leases7 years7 years
Finance leases3 years3 years
Weighted average discount rate
Operating leases3.2 %2.9 %
Finance leases3.8 %3.3 %
As of January 31, 2025, the maturities of lease liabilities under noncancellable operating and finance leases were as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Fiscal 2026$653 $352 
Fiscal 2027564 244 
Fiscal 2028522 71 
Fiscal 2029440 29 
Fiscal 2030297 12 
Thereafter820 0 
Total minimum lease payments3,296 708 
Less: Imputed interest(337)(30)
Total$2,959 $678 
Operating lease amounts above do not include sublease income. The Company has entered into various sublease agreements with third parties. Under these agreements, the Company expects to receive sublease income of approximately $303 million in the next five years and $29 million thereafter.
Of the total lease commitment balance, including leases not yet commenced, of $4.0 billion, approximately $3.3 billion is related to facilities space. The remaining commitment amount is primarily related to equipment.