Fair Value Measurements (Tables)

6 Months Ended

Jul. 31, 2023

Fair Value Disclosures [Abstract]

Fair value of investments

The fair value of these investments is as follows:

(Amounts in millions)	Fair Value as of July 31, 2023		Fair Value as of January 31, 2023
Equity investments measured using Level 1 inputs	$	4,424	$	5,099
Equity investments measured using Level 2 inputs	6,281		5,570
Total	$	10,705	$	10,669

Schedule of derivative instruments

As of July 31, 2023 and January 31, 2023, the notional amounts and fair values of these derivatives were as follows:

	July 31, 2023					January 31, 2023
(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	$	6,271	$	(765)	(1)	$	8,021	$	(689)	(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges	6,019		(1,295)		(1)	5,900		(1,423)		(1)
Total	$	12,290	$	(2,060)		$	13,921	$	(2,112)

(1) Classified primarily in deferred income taxes and other within the Company's Condensed Consolidated Balance Sheets.

Carrying value and fair value of long-term debt

The carrying value and fair value of the Company's long-term debt as of July 31, 2023 and January 31, 2023, are as follows: 

	July 31, 2023				January 31, 2023
(Amounts in millions)	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt, including amounts due within one year	$	39,703	$	37,988	$	38,840	$	38,169