v3.26.1
Fair Value Measurement (Tables)
6 Months Ended
Jul. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents information about the Company’s assets that were measured at fair value as of July 31, 2026 and indicates the fair value hierarchy of the valuation (in millions):
DescriptionQuoted Prices in
Active Markets
for Identical Assets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Fair Value
Cash equivalents (1):
Time deposits$$1,914 $$1,914 
Money market mutual funds3,479 3,479 
Cash equivalent securities 937 937 
Marketable securities:
Corporate notes and obligations1,564 1,564 
U.S. treasury securities740 740 
Mortgage-backed obligations35 35 
Asset-backed securities562 562 
Municipal securities18 18 
Commercial paper104 104 
Other70 70 
Strategic investments:
Equity securities
Foreign currency derivative contracts 98 98 
Total assets$3,479 $6,042 $$9,521 
Liabilities:
Foreign currency derivative contracts155 155 
Total liabilities$$155 $$155 
(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets, in addition to $2.0 billion of cash, as of July 31, 2026.
The following table presents information about the Company’s assets that were measured at fair value as of January 31, 2026 and indicates the fair value hierarchy of the valuation (in millions):
DescriptionQuoted Prices in
Active Markets
for Identical Assets
(Level 1)
Significant Other
Observable Inputs (Level 2)
Significant
Unobservable
Inputs
(Level 3)
Fair Value
Cash equivalents (1):
Time deposits$$1,393 $$1,393 
Money market mutual funds3,204 3,204 
Cash equivalent securities567 567 
Marketable securities:
Corporate notes and obligations1,353 1,353 
U.S. treasury securities170 170 
Mortgage-backed obligations31 31 
Asset-backed securities622 622 
Municipal securities17 17 
Commercial paper30 30 
Other15 15 
Strategic investments:
Equity securities
Total assets$3,209 $4,198 $$7,407 
(1) Included in “cash and cash equivalents” in the accompanying condensed consolidated balance sheets in addition to $2.2 billion of cash, as of January 31, 2026.