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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ 28 $ (355) $ (815)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Stock-based compensation 565 684 677
Depreciation, amortization and accretion 88 84 114
Amortization of deferred commissions 130 104 84
Deferred income taxes 2 6 7
Lease impairment charges 0 28 14
Gain on early extinguishment of debt (19) (106) 0
Other, net 9 13 12
Changes in operating assets and liabilities:      
Accounts receivable (63) (79) (87)
Deferred commissions (186) (158) (122)
Prepaid expenses and other assets (37) (32) (13)
Operating lease right-of-use assets 20 23 27
Accounts payable 1 0 (6)
Accrued compensation 41 68 (44)
Accrued expenses and other liabilities (3) 21 8
Operating lease liabilities (33) (39) (34)
Deferred revenue 207 250 264
Net cash provided by operating activities 750 512 86
Cash flows from investing activities:      
Capitalized software (12) (15) (9)
Purchases of property and equipment (8) (8) (12)
Purchases of securities available-for-sale and other (1,812) (1,709) (1,411)
Proceeds from maturities and redemption of securities available-for-sale 1,571 2,134 1,308
Proceeds from sales of securities available-for-sale and other 3 62 0
Payments for business acquisitions, net of cash acquired (56) (22) (4)
Purchases of intangible assets 0 (1) (2)
Net cash provided by (used in) investing activities (314) 441 (130)
Cash flows from financing activities:      
Payments for repurchases of convertible senior notes (280) (937) 0
Taxes paid related to net share settlement of equity awards (148) 0 0
Payments for warrants related to convertible senior notes 0 (7) 0
Proceeds from stock option exercises 27 15 17
Proceeds from shares issued in connection with employee stock purchase plan 42 46 31
Net cash provided by (used in) financing activities (359) (883) 48
Effects of changes in foreign currency exchange rates on cash, cash equivalents and restricted cash (4) 1 (6)
Net increase (decrease) in cash, cash equivalents and restricted cash 73 71 (2)
Cash, cash equivalents and restricted cash at beginning of year 342 271 273
Cash, cash equivalents and restricted cash at end of year 415 342 271
Cash paid during the period for:      
Interest 3 5 6
Income taxes 19 14 8
Non-cash investing and financing activities:      
Issuance of common stock for repurchases and conversions of convertible senior notes 0 0 47
Benefit from exercise of hedges related to convertible senior notes 0 2 18
Operating lease right-of-use assets exchanged for lease liabilities 9 11 11
Reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the statements of cash flows above:      
Cash and cash equivalents 409 334 264
Restricted cash, current included in prepaid expenses and other current assets 1 2 0
Restricted cash, noncurrent included in other assets 5 6 7
Total cash, cash equivalents and restricted cash $ 415 $ 342 $ 271