Borrowing Arrangements (Tables)

9 Months Ended

Oct. 31, 2025

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings

The outstanding borrowings as of October 31, 2025, were as follows:

Instrument	Date of Issuance	Principal Outstanding		Fair value
5.30% senior notes due June 15, 2035 (1)	June 2025	$	500	$	514
2.40% senior notes due December 15, 2031	October 2021	1,000		889
2.85% senior notes due January 15, 2030	January 2020	500		473
3.50% senior notes due June 15, 2027	June 2017	500		496
Total principal outstanding		2,500
Less unamortized debt discount and issuance costs (2)		18
Total notes payable, net		$	2,482

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(1)A portion of the proceeds of the senior notes was used for the repayment of $300 million of 4.375% notes due June 15, 2025, and the remainder is available for general corporate purposes.

(2)Both the debt discount and issuance costs are being amortized to interest expense over the term of the senior notes using the effective interest method.

Schedule of Future Minimum Payments For Borrowings

The expected future principal payments for all borrowings as of October 31, 2025, were as follows (in millions):

Fiscal year ending
2026 (remainder)	$	—
2027	—
2028	500
2029	—
2030	500
Thereafter	1,500
Total principal outstanding	$	2,500