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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Operating activities:      
Net income $ 906 $ 823 $ 497
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization, and accretion 139 150 148
Stock-based compensation expense 703 657 555
Deferred income taxes (86) (277) (8)
Lease-related asset impairments 14 34 104
Other operating activities (52) (8) 18
Changes in operating assets and liabilities, net of business combinations:      
Accounts receivable 86 (247) (66)
Prepaid expenses and other assets (77) (3) (134)
Accounts payable and other liabilities (12) (5) 10
Deferred revenue (316) 798 419
Accrued income taxes 8 149 (12)
Net cash provided by operating activities 1,313 2,071 1,531
Investing activities:      
Purchases of marketable securities (1,110) (397) (311)
Sales of marketable securities 277 152 12
Maturities of marketable securities 487 298 26
Purchases of intangible assets (30) (6) (11)
Business combinations, net of cash acquired (70) (96) (1,250)
Capital expenditures (31) (40) (56)
Other investing activities (25) (54) (5)
Net cash used in investing activities (502) (143) (1,595)
Financing activities:      
Proceeds from issuance of common stock, net of issuance costs 130 124 114
Taxes paid related to net share settlement of equity awards (187) (160) (194)
Repurchase and retirement of common stock (795) (1,101) (1,079)
Proceeds from debt, net of discount 0 0 997
Repayments of debt 0 (350) 0
Other financing activities 0 0 (7)
Net cash used in financing activities (852) (1,487) (169)
Effect of exchange rate changes on cash and cash equivalents (14) (22) (11)
Net (decrease) increase in cash and cash equivalents (55) 419 (244)
Cash and cash equivalents at beginning of fiscal year 1,947 1,528 1,772
Cash and cash equivalents at end of fiscal year 1,892 1,947 1,528
Supplemental cash flow disclosure:      
Cash paid for interest 69 86 58
Cash paid for income taxes, net of tax refunds 321 241 165
Non-cash investing and financing activities:      
Fair value of common stock issued to settle liability-classified restricted stock units 15 11 3
Fair value of common stock issued related to business combination (See Note 6) $ 0 $ 10 $ 6