Fair Value Measurement (Tables)

9 Months Ended

Oct. 31, 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 October 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	$	1,780	$	0	$	1,780
Money market mutual funds	5,592		0		0		5,592
Cash equivalent securities	0		40		0		40
Marketable securities:
Corporate notes and obligations	0		1,441		0		1,441
U.S. treasury securities	0		170		0		170
Mortgage-backed obligations	0		32		0		32
Asset-backed securities	0		645		0		645
Municipal securities	0		26		0		26
Commercial paper	0		18		0		18
Covered bonds	0		1		0		1
Other	0		12		0		12
Strategic investments:
Equity securities	68		0		0		68
Total assets	$	5,660	$	4,165	$	0	$	9,825

(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets in addition to $1.6 billion of cash, as of October 31, 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.