Financial Instruments (Tables)

12 Months Ended

Jan. 31, 2016

Investments, All Other Investments [Abstract]

Cost and Fair Value of Financial Instruments Disclosure

The following tables summarize the Company's financial instruments' amortized cost, gross unrealized gains, gross unrealized losses, and fair value by significant investment category as of January 31, 2016 and 2015.

			January 31, 2016
			Amortized Cost		Gross unrealized gains		Gross unrealized losses			Fair Value		Level 1		Level 2		Level 3
Cash equivalents (1):
	Agency bonds		$	8.5	$	—	$	—		$	8.5	$	8.5	$	—	$	—
	Certificates of deposit		267.6		—		—			267.6		267.6		—		—
	Commercial paper		106.6		—		—			106.6		—		106.6		—
	Custody cash deposit		2.1		—		—			2.1		2.1		—		—
	Money market funds		382.4		—		—			382.4		—		382.4		—
	Municipal bonds		5.0		—		—			5.0		5.0		—		—
	U.S. treasury bills		103.0		—		—			103.0		103.0		—		—
Marketable securities:
	Short-term available for sale
		Asset backed securities	7.3		—		—			7.3		—		7.3		—
		Certificates of deposit	190.3		—		—			190.3		190.3		—		—
		Commercial paper	141.1		—		—			141.1		—		141.1		—
		Corporate debt securities	377.1		0.1		(0.3		)	376.9		376.9		—		—
		Municipal bonds	9.7		—		—			9.7		9.7		—		—
		Sovereign debt	20.1		—		—			20.1		—		20.1		—
		U.S. government agency bonds	40.0		—		(0.1		)	39.9		39.9		—		—
		U.S. treasury bills	74.6		—		—			74.6		74.6		—		—
	Short-term trading securities
		Mutual funds	38.8		0.4		(1.2		)	38.0		38.0		—		—
	Long-term available for sale
		Agency bonds	56.8		0.1		—			56.9		56.9		—		—
		Asset backed securities	36.5		0.1		—			36.6		—		36.6		—
		Corporate debt securities	320.9		0.3		(0.8		)	320.4		320.4		—		—
		Municipal securities	2.9		—		—			2.9		2.9		—		—
		Sovereign debt	16.9		—		—			16.9		—		16.9		—
		U.S. government agency securities	98.4		0.3		(0.1		)	98.6		98.6		—		—
Convertible debt securities (2)			2.5		2.0		(1.1		)	3.4		—		—		3.4
Derivative contracts (3)			1.5		7.8		(7.4		)	1.9		—		1.6		0.3
		Total	$	2,310.6	$	11.1	$	(11.0	)	$	2,310.7	$	1,594.4	$	712.6	$	3.7

____________________ 

(1) Included in “Cash and cash equivalents” in the accompanying Consolidated Balance Sheets.

(2) Considered "available for sale" and included in "Other assets" in the accompanying Consolidated Balance Sheets.

(3) Included in “Prepaid expenses and other current assets,” "Other assets," or “Other accrued liabilities” in the accompanying Consolidated Balance Sheets.

			January 31, 2015
			Amortized Cost		Gross unrealized gains		Gross unrealized losses			Fair Value		Level 1		Level 2		Level 3
Cash equivalents (1):
	Certificates of deposit		$	258.6	$	—	$	—		$	258.6	$	258.6	$	—	$	—
	Commercial paper		161.0		—		—			161.0		—		161.0		—
	Corporate bond		11.5		—		—			11.5		11.5		—		—
	Custody cash deposit		141.5		—		—			141.5		141.5		—		—
	Money market funds		127.3		—		—			127.3		—		127.3		—
Marketable securities:
	Short-term available for sale
		Agency bonds	37.9		—		—			37.9		37.9		—		—
		Certificates of deposit	101.9		—		—			101.9		101.9		—		—
		Commercial paper	258.4		—		—			258.4		—		258.4		—
		Corporate debt securities	148.0		0.1		(0.1		)	148.0		148.0		—		—
		Municipal bond	29.2		0.1		—			29.3		29.3		—		—
	Short-term trading securities
		Mutual funds	36.9		3.4		—			40.3		40.3		—		—
	Long-term available for sale
		Agency bond	50.6		0.2		—			50.8		50.8		—		—
		Corporate debt securities	199.4		0.6		(0.2		)	199.8		199.8		—		—
		Municipal securities	13.3		0.1		—			13.4		13.4		—		—
		U.S. government agency securities	8.9		0.1		—			9.0		9.0		—		—
Convertible debt securities (2)			4.7		2.5		(2.1		)	5.1		—		—		5.1
Derivative contracts (3)			3.5		19.5		(7.0		)	16.0		—		15.1		0.9
		Total	$	1,592.6	$	26.6	$	(9.4	)	$	1,609.8	$	1,042.0	$	561.8	$	6.0

____________________ 

(1) Included in “Cash and cash equivalents” in the accompanying Consolidated Balance Sheets.

(2) Considered "available for sale" securities and included in "Other assets" in the accompanying Consolidated Balance Sheets.

(3) Included in “Prepaid expenses and other current assets,” "Other assets," or “Other accrued liabilities” in the accompanying Consolidated Balance Sheets.

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

A reconciliation of the change in Autodesk’s Level 3 items for the fiscal years ended January 31, 2016 and 2015 was as follows:

	Fair Value Measurements Using Significant Unobservable Inputs
	(Level 3)
		Derivative Contracts			Convertible Debt Securities			Total
Balances, January 31, 2014		$	9.1		$	20.2		$	29.3
Purchases		0.1			0.6			0.7
Settlements		(0.8		)	(3.0		)	(3.8		)
Losses included in interest and other expense		(7.5		)	(13.3		)	(20.8		)
Gains included in OCI		—			0.6			0.6
Balances, January 31, 2015		0.9			5.1			6.0
Purchases		4.3			6.2			10.5
Settlements		(5.9		)	(8.3		)	(14.2		)
Gains included in interest and other expense		1.0			—			1.0
Gains included in OCI		—			0.4			0.4
Balances, January 31, 2016		$	0.3		$	3.4		$	3.7

Available-for-sale Securities

The following table summarizes the estimated fair value of Autodesk's “available-for-sale securities” classified by the contractual maturity date of the security:

	January 31, 2016
	Cost		Fair Value
Due in 1 year	$	849.2	$	849.0
Due in 1 year through 5 years	542.5		543.2
Due in 5 years through 10 years	3.4		3.4
Total	$	1,395.1	$	1,395.6

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair value of derivative instruments in Autodesk’s Consolidated Balance Sheets were as follows as of January 31, 2016 and January 31, 2015:

	Balance Sheet Location	Fair Value at
		January 31, 2016		January 31, 2015
Derivative Assets
Foreign currency contracts designated as cash flow hedges	Prepaid expenses and other current assets (1)	$	3.4	$	20.4
Derivatives not designated as hedging instruments	Prepaid expenses and other current assets and Other assets	4.9		0.9
Total derivative assets		$	8.3	$	21.3
Derivative Liabilities
Foreign currency contracts designated as cash flow hedges	Other accrued liabilities (2)	$	3.4	$	5.4
Derivatives not designated as hedging instrument	Other accrued liabilities	3.0		—
Total derivative liabilities		$	6.4	$	5.4

_______________

(1) Considering Autodesk's master netting arrangements, these contracts are presented net settled. The gross balance is $5.1 million and $23.8 million at January 31, 2016 and January 31, 2015, respectively.

(2) Considering Autodesk's master netting arrangements, these contracts are presented net settled. The gross balance is $5.1 million and $8.7 million at January 31, 2016 and January 31, 2015, respectively.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The effects of derivatives designated as hedging instruments on Autodesk’s Consolidated Statements of Operations were as follows for the fiscal years ended January 31, 2016, 2015, and 2014, respectively (amounts presented include any income tax effects):

	Foreign Currency Contracts
	Fiscal Year Ended January 31,
	2016			2015			2014
Amount of gain recognized in accumulated other comprehensive income on derivatives (effective portion)	$	2.2		$	46.4		$	12.2
Amount and location of gain reclassified from accumulated other comprehensive income into income (effective portion)
Net revenue	$	39.8		$	10.5		$	13.1
Operating expenses	(10.5		)	(3.5		)	(1.6		)
Total	$	29.3		$	7.0		$	11.5
Amount and location of (loss) gain recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
Interest and other expense, net	$	(0.7	)	$	0.9		$	(0.1	)

The effects of derivatives not designated as hedging instruments on Autodesk’s Consolidated Statements of Operations were as follows for the fiscal years ended January 31, 2016, 2015, and 2014, respectively (amounts presented include any income tax effects):

	Foreign Exchange Contracts
	Fiscal Year Ended January 31,
	2016			2015			2014
Amount and location of (loss) gain recognized in income on derivatives not designated as hedging instruments
Interest and other expense, net	$	(1.7	)	$	(25.5	)	$	12.8