Fair Value Measurement (Tables)

3 Months Ended

Apr. 30, 2025

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 that were measured at fair value as of April 30, 2025 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	$	1,589	$	0	$	1,589
Money market mutual funds	6,509		0		0		6,509
Cash equivalent securities	0		447		0		447
Marketable securities:
Corporate notes and obligations	0		2,782		0		2,782
U.S. treasury securities	0		1,147		0		1,147
Mortgage-backed obligations	0		140		0		140
Asset-backed securities	0		1,232		0		1,232
Municipal securities	0		85		0		85
Commercial paper	0		928		0		928
Covered bonds	0		26		0		26
Other	0		140		0		140
Strategic investments:
Equity securities	53		0		0		53
Total assets	$	6,562	$	8,516	$	0	$	15,078

(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets in addition to $2.4 billion of cash, as of April 30, 2025.

The following table presents information about the Company’s assets that were measured at fair value as of January 31, 2025 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	$	1,698	$	0	$	1,698
Money market mutual funds	4,373		0		0		4,373
Cash equivalent securities	0		686		0		686
Marketable securities:
Corporate notes and obligations	0		2,557		0		2,557
U.S. treasury securities	0		542		0		542
Mortgage-backed obligations	0		122		0		122
Asset-backed securities	0		1,217		0		1,217
Municipal securities	0		107		0		107
Commercial paper	0		506		0		506
Covered bonds	0		27		0		27
Other	0		106		0		106
Strategic investments:
Equity securities	69		0		0		69
Total assets	$	4,442	$	7,568	$	0	$	12,010

(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets in addition to $2.1 billion of cash, as of January 31, 2025.