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

6 Months Ended

Jul. 31, 2023

Debt Disclosure [Abstract]

Changes in long-term debt

The following table provides the changes in the Company's long-term debt for the six months ended July 31, 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	(4,063)		—		(4,063)
Reclassifications of long-term debt	2,773		(2,773)		—
Other	(4)		(37)		(41)
Balances as of July 31, 2023	$	2,897	$	36,806	$	39,703

(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 six months ended July 31, 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	4.00%	$	748
April 18, 2023	$	750	April 15, 2028	3.90%	$	746
April 18, 2023	$	500	April 15, 2030	4.00%	$	497
April 18, 2023	$	1,500	April 15, 2033	4.10%	$	1,491
April 18, 2023	$	1,500	April 15, 2053	4.50%	$	1,485
Total					$	4,967

Schedule of significant debt repayments

Information on significant long-term debt repayments during the six months ended July 31, 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
June 26, 2023	$	2,280	Fixed	3.40%	$	2,280
Total					$	4,030