v3.25.4
Leases (Tables)
 12 Months Ended
Jan. 31, 2026
Leases [Abstract]  
Components of Lease Expense
The components of operating lease expense were as follows (in millions):
Year Ended January 31,
 202620252024
Operating lease cost (1)
$161 $123 $109 
Short-term lease cost1 1 3 
Variable lease cost52 53 46 
Total operating lease cost$214 $177 $158 
(1)Operating lease cost includes impairment charges of $16 million and $6 million for fiscal 2026 and 2025, respectively, associated with our restructuring activities. For further information, see Note 21, Restructuring. There were no lease impairments in fiscal 2024.
Information Related to Right-of-Use Assets and Lease Liabilities
Supplemental cash flow information related to our operating leases was as follows (in millions):
Year Ended January 31,
 202620252024
Cash paid for operating lease liabilities$134 $111 $112 
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities511 158 139 
Other information related to our operating leases was as follows:
As of January 31,
20262025
Weighted average remaining lease term (in years)115
Weighted average discount rate4.19 %4.20 %
Maturities of Operating Lease Liabilities
As of January 31, 2026, maturities of operating lease liabilities were as follows (in millions):
Fiscal Period:
2027$146 
2028155 
2029123 
203086 
203165 
Thereafter490 
Total lease payments1,065 
Less imputed interest(231)
Total operating lease liabilities$834