Short-term Borrowings and Long-term Debt (Tables)

3 Months Ended

Apr. 30, 2023

Debt Disclosure [Abstract]

Changes in long-term debt

The following table provides the changes in the Company's long-term debt for the three months ended April 30, 2023:

(Amounts in millions)	Long-term debt due within one year		Long-term debt		Total
Balances as of February 1, 2023	$	4,191	$	34,649	$	38,840
Proceeds from issuance of long-term debt(1)	—		4,967		4,967
Repayments of long-term debt	(1,784)		—		(1,784)
Reclassifications of long-term debt	1,572		(1,572)		—
Other	(4)		76		72
Balances as of April 30, 2023	$	3,975	$	38,120	$	42,095

(1)Proceeds from issuance of long-term debt are net of deferred loan costs and any related discount or premium.

Schedule of debt issuances

Information on significant long-term debt issued during the three months ended April 30, 2023, for general corporate purposes, is as follows:

(Amounts in millions)
Issue Date	Principal Amount		Maturity Date	Fixed Interest Rate	Net Proceeds
April 18, 2023	$	750	April 15, 2026	4.000%	$	748
April 18, 2023	$	750	April 15, 2028	3.900%	$	746
April 18, 2023	$	500	April 15, 2030	4.000%	$	497
April 18, 2023	$	1,500	April 15, 2033	4.100%	$	1,491
April 18, 2023	$	1,500	April 15, 2053	4.500%	$	1,485
Total					$	4,967

Schedule of debt repayments

Information on significant long-term debt repayments during the three months ended April 30, 2023 is as follows:

(Amounts in millions)
Maturity Date	Principal Amount		Fixed vs. Floating	Interest Rate	Repayment
April 11, 2023	$	1,750	Fixed	2.55%	$	1,750