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Short-term Borrowings and Long-term Debt (Tables)
 12 Months Ended
Jan. 31, 2021
Long-term Debt, Unclassified [Abstract]  
Schedule of line of credit facilities
The Company has various committed lines of credit in the U.S. to support its commercial paper program and are summarized in the following table:
January 31, 2021January 31, 2020
(Amounts in millions)AvailableDrawnUndrawnAvailableDrawnUndrawn
Five-year credit facility
$5,000 $— $5,000 $5,000 $— $5,000 
364-day revolving credit facility(1)
10,000 — 10,000 10,000 — 10,000 
Total$15,000 $— $15,000 $15,000 $— $15,000 
(1)     In April 2020, the Company renewed and extended its existing 364-day revolving credit facility.
Schedule of long-term debt instruments
The Company's long-term debt, which includes the fair value instruments further discussed in Note 8, consists of the following as of January 31, 2021 and 2020:
 January 31, 2021January 31, 2020
(Amounts in millions)Maturity Dates
By Fiscal Year		Amount
Average Rate(1)
Amount
Average Rate(1)
Unsecured debt
Fixed2022 - 2050$35,216 3.9%$39,752 3.8%
Variable2022750 0.5%1,500 2.1%
Total U.S. dollar denominated35,966 41,252 
Fixed2023 - 20303,034 3.3%2,758 3.3%
Variable— — 
Total Euro denominated3,034 2,758 
Fixed2031 - 20393,682 5.4%3,518 5.4%
Variable— — 
Total Sterling denominated3,682 3,518 
Fixed2023-20281,624 0.3%1,652 0.4%
Variable— — 
Total Yen denominated1,624 1,652 
Total unsecured debt44,306 49,180 
Total other(2)
3 (104)
Total debt44,309 49,076 
Less amounts due within one year(3,115)(5,362)
Long-term debt$41,194 $43,714 
(1)The average rate represents the weighted-average stated rate for each corresponding debt category, based on year-end balances and year-end interest rates.
(2)Includes deferred loan costs, discounts, fair value hedges, foreign-held debt and secured debt.
Schedule of maturities of long-term debt
Annual maturities of long-term debt during the next five years and thereafter are as follows:
(Amounts in millions)Annual
Fiscal YearMaturities
2022$3,115 
20233,014 
20244,721 
20254,360 
20261,480 
Thereafter27,619 
Total$44,309 
Schedule of fiscal 2020 debt issuances Information on long-term debt issued during fiscal 2020, for general corporate purposes, is as follows:
(Amounts in millions)
Issue DatePrincipal AmountMaturity DateFixed vs. FloatingInterest RateNet Proceeds
April 23, 2019$1,500July 8, 2024Fixed2.850%$1,493 
April 23, 2019$1,250July 8, 2026Fixed3.050%1,242 
April 23, 2019$1,250July 8, 2029Fixed3.250%1,243 
September 24, 2019$500September 24, 2029Fixed2.375%497 
September 24, 2019$1,000September 24, 2049Fixed2.950%975 
Various$42VariousVariousVarious42 
Total$5,492 
Schedule of fiscal 2021 and fiscal 2020 debt maturities
The following table provides details of debt repayments during fiscal 2021:
(Amounts in millions)
Maturity DatePrincipal AmountFixed vs. FloatingInterest RateRepayment
June 23, 2020$750FloatingFloating$750 
June 23, 2020$1,250Fixed2.850%1,250
July 8, 2020$840Fixed3.630%840
July 28, 2020¥10,000Fixed1.600%95
October 25, 2020$1,197Fixed3.250%1,197
December 15, 2020$1,250Fixed1.900%1,250
Total repayment of matured debt$5,382 
The following table provides details of debt repayments during fiscal 2020:
(Amounts in millions)
Maturity DatePrincipal AmountFixed vs. FloatingInterest RateRepayment
February 1, 2019$364Fixed4.125%$364 
October 20, 2019$300FloatingFloating300 
October 20, 2019$1,200Fixed1.750%1,200 
Various (1)
$43VariousVarious43 
Total repayment of matured debt$1,907 
(1) Includes repayments of smaller long-term debt as it matured in several non-U.S. operations.