v3.26.1
Property and Equipment, Net
 6 Months Ended
Jul. 31, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in millions):
July 31, 2026January 31, 2026
Computers, equipment, and software$1,274 $1,285 
Buildings703 690 
Leasehold improvements424 334 
Furniture, fixtures, and transportation equipment124 112 
Land and land improvements74 74 
Property and equipment, gross2,599 2,495 
Less: accumulated depreciation and amortization(1,473)(1,402)
Property and equipment, net$1,126 $1,093 
Depreciation expense totaled $56 million and $59 million for the three months ended July 31, 2026, and 2025, respectively, and $111 million and $121 million for the six months ended July 31, 2026, and 2025, respectively.
There were no material impairment charges recognized on property and equipment during the three and six months ended July 31, 2026, and the three months ended July 31, 2025. We recognized impairment charges of $34 million for the six months ended July 31, 2025, related to certain property and equipment as a result of restructuring activities. For further information, see Note 19, Restructuring.