The following tables present our assets and liabilities measured at fair value on a recurring basis:


	August 1, 2026
	Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:

Marketable securities(1)	$	206.6	$	—	$	(0.6)	$	206.0
Digital assets(2)	0.2		—		(0.1)		0.1
Equity investment(7)	4,874.8		72.1		—		4,946.9
Level 2:
Digital assets receivable(2)	428.0		—		(134.0)		294.0
Company-owned life insurance(3)	0.1		—		—		0.1
Total assets	$	5,509.7	$	72.1	$	(134.7)	$	5,447.1
Liabilities
Level 2:

Derivative liability on digital assets and related receivable(4)	$	2.0	$	—	$	—	$	2.0
Nonqualified deferred compensation(5)	0.1		—		—		0.1
Total liabilities	$	2.1	$	—	$	—	$	2.1


	August 2, 2025
	Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:

Time deposits(6)	$	23.2	$	—	$	—	$	23.2
Digital assets(2)	500.0		28.6		—		$	528.6
Level 2:

Company-owned life insurance(3)	0.1		—		—		0.1
Total assets	$	523.3	$	28.6	$	—	$	551.9
Liabilities
Level 2:

Nonqualified deferred compensation(5)	0.1		—		—		0.1
Total liabilities	$	0.1	$	—	$	—	$	0.1


	January 31, 2026
	Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:
Marketable securities(1)	$	2,708.7	$	0.4	$	—	$	2,709.1
Digital assets(2)	0.2		—		(0.1)		0.1
Level 2:
Digital assets receivable(2)	428.0		—		(59.7)		368.3
Company-owned life insurance(3)	0.1		—		—		0.1
Total assets	$	3,137.0	$	0.4	$	(59.8)	$	3,077.6
Liabilities
Level 2:
Derivative liability on digital assets(4)	$	3.0	$	(2.3)	$	—	$	0.7
Nonqualified deferred compensation(5)	0.1		—		—		0.1
Total liabilities	$	3.1	$	(2.3)	$	—	$	0.8

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(2) Recognized in "Digital assets and related receivables" on our condensed consolidated balance sheets. During fiscal 2025, the Company pledged a portion of its digital assets as collateral in connection with a covered‑call strategy, which resulted in the derecognition of the pledged digital assets and the corresponding recognition of a digital asset receivable.

(4) Recognized in "Accrued liabilities and other current liabilities" on our condensed consolidated balance sheets. See Note 11, "Digital A ssets and Related Receivables," for additional information.

(6) Recognized in marketable securities and assets held for sale on our condensed consolidated balance sheets. During the second quarter of fiscal 2025 we reclassified $23.2 million of our marketable securities to assets held for sale, on our condensed consolidated balance sheets.

(7) Recognized as "Equity investment" on our condensed consolidated balance sheet. Represents the settlement-date fair value of shares received upon exercise of the Put/Call Pairs (cash paid of $3,955.2 million plus the fair value of the derivative asset derecognized upon settlement) plus the cost of shares acquired through open-market purchases. Cumulative gains recognized on the Put/Call Pairs prior to settlement were recognized in Gain on derivative asset, net.