Fair Value Measurements (Tables)

3 Months Ended

Apr. 30, 2019

Fair Value Disclosures [Abstract]

Fair Value Measurements, Recurring and Nonrecurring

Information for the fair value of the Company's investment in JD is as follows:

(Amounts in millions)	Fair Value as of April 30, 2019		Fair Value as of January 31, 2019
Investment in JD measured using Level 1 inputs	$	2,181	$	1,791
Investment in JD measured using Level 2 inputs	2,185		1,792
Total	$	4,366	$	3,583

The changes in fair value for the Company's investment in JD is included in other gains and losses in the Company's Condensed Consolidated Statements of Income.

Notional amounts and fair values of derivatives

As of April 30, 2019 and January 31, 2019, the notional amounts and fair values of these derivatives were as follows:

	April 30, 2019					January 31, 2019
(Amounts in millions)	Notional Amount		Fair Value			Notional Amount		Fair Value
Receive fixed-rate, pay variable-rate interest rate swaps designated as fair value hedges	$	4,000	$	(42	)	$	4,000	$	(78	)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as net investment hedges	2,250		392			2,250		334
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges	4,090		(408		)	4,173		(272		)
Total	$	10,340	$	(58	)	$	10,423	$	(16	)

Carrying value and fair value of long-term debt

The carrying value and fair value of the Company's long-term debt as of April 30, 2019 and January 31, 2019, are as follows: 

	April 30, 2019				January 31, 2019
(Amounts in millions)	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt, including amounts due within one year	$	48,889	$	53,707	$	45,396	$	49,570