Short-term Borrowings and Long-term Debt

6 Months Ended

Jul. 31, 2021

Debt Disclosure [Abstract]

Short-term Borrowings and Long-term Debt

Short-term Borrowings and Long-term Debt

The Company has various committed lines of credit in the U.S. that are used to support its commercial paper program. In April 2021, the Company renewed and extended its existing 364-day revolving credit facility of $10.0 billion as well as its five-year credit facility of $5.0 billion. In total, the Company had committed lines of credit in the U.S. of $15.0 billion at July 31, 2021 and January 31, 2021, all undrawn.

The following table provides the changes in the Company's long-term debt for the six months ended July 31, 2021:

(Amounts in millions)	Long-term debt due within one year		Long-term debt		Total
Balances as of February 1, 2021	$	3,115	$	41,194	$	44,309
Repayments of long-term debt	(3,010)		—		(3,010)
Reclassifications of long-term debt	1,511		(1,511)		—
Other	1		(102)		(101)
Balances as of July 31, 2021	$	1,617	$	39,581	$	41,198