v3.22.2.2
Leases
 9 Months Ended
Oct. 31, 2022
Leases [Abstract]  
Leases Leases
We have entered into operating lease agreements for our office space, data centers, and other property and equipment. Operating lease right-of-use assets were $268 million and $248 million as of October 31, 2022, and January 31, 2022, respectively, and operating lease liabilities were $286 million and $263 million as of October 31, 2022, and January 31, 2022, respectively. We have also entered into finance lease agreements for other property and equipment. As of October 31, 2022, and January 31, 2022, finance leases were not material.
The components of operating lease expense were as follows (in thousands):
Three Months Ended October 31, Nine Months Ended October 31,
2022202120222021
Operating lease cost$25,404 $22,988 $73,821 $70,004 
Short-term lease cost854 1,204 3,001 5,419 
Variable lease cost12,787 8,756 32,970 18,519 
Total operating lease cost$39,045 $32,948 $109,792 $93,942 
Supplemental cash flow information related to our operating leases was as follows (in thousands):
Three Months Ended October 31, Nine Months Ended October 31,
2022202120222021
Cash paid for operating lease liabilities$23,190$21,802$68,386$68,375
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities6,61115,64693,09154,335
Other information related to our operating leases was as follows:
October 31, 2022January 31, 2022
Weighted average remaining lease term (in years)55
Weighted average discount rate2.74 %2.35 %
As of October 31, 2022, maturities of operating lease liabilities were as follows (in thousands):
Fiscal Period:
Remainder of 2023$26,000 
202493,305 
202576,088 
202647,332 
202726,790 
Thereafter45,548 
Total lease payments315,063 
Less imputed interest(28,748)
Total operating lease liabilities$286,315 
As of October 31, 2022, we have additional operating leases for data centers that had not yet commenced with total undiscounted lease payments of $52 million. These operating leases will commence in fiscal 2023 and fiscal 2024, with lease terms ranging from five to six years.