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

12 Months Ended

Jan. 31, 2024

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, 2024						January 31, 2023
(Amounts in millions)	Available		Drawn		Undrawn		Available		Drawn		Undrawn
Five-year credit facility(1)	$	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 2023, the Company renewed and extended its existing 364-day revolving credit facility as well as its five year 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, 2024 and 2023:

	January 31, 2024				January 31, 2023
(Amounts in millions)	Maturity Dates By Fiscal Year	Amount		Average Rate(1)	Amount		Average Rate(1)
Unsecured debt
Fixed	2025 - 2054	$	34,527	3.7%	$	33,707	3.6%
Total U.S. dollar denominated		34,527			33,707
Fixed	2027 - 2030	1,789		4.0%	1,790		4.0%
Total Euro denominated		1,789			1,790
Fixed	2031 - 2039	3,412		5.4%	3,318		5.4%
Total Sterling denominated		3,412			3,318
Fixed	2025 - 2028	677		0.4%	767		0.4%
Total Yen denominated		677			767
Total unsecured debt		40,405			39,582
Total other(2)		(826)			(742)
Total debt		39,579			38,840
Less amounts due within one year		(3,447)			(4,191)
Long-term debt		$	36,132		$	34,649

(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 Year	Maturities
2025	$	3,447
2026	2,600
2027	3,483
2028	1,760
2029	3,458
Thereafter	24,831
Total	$	39,579

Schedule of Significant Debt Issuances

Information on significant long-term debt issued during fiscal 2024 and 2023, for general corporate purposes, is as follows:

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

(Amounts in millions)
Issue Date	Principal Amount	Maturity Date	Fixed vs. Floating	Interest Rate	Net Proceeds
September 9, 2022	$1,750	September 9, 2025	Fixed	3.900%	$	1,744
September 9, 2022	$1,000	September 9, 2027	Fixed	3.950%	994
September 9, 2022	$1,250	September 9, 2032	Fixed	4.150%	1,239
September 9, 2022	$1,000	September 9, 2052	Fixed	4.500%	992
Total					$	4,969

Schedule of Significant Debt Repayments

The following tables provide details of significant long-term debt repayments during fiscal 2024 and 2023:

(Amounts in millions)
Maturity Date	Principal Amount	Fixed vs. Floating	Interest Rate	Repayment
April 11, 2023	$1,750	Fixed	2.550%	$	1,750
June 26, 2023	$2,280	Fixed	3.400%	2,280
Total repayment of matured debt				$	4,030

(Amounts in millions)
Maturity Date	Principal Amount	Fixed vs. Floating	Interest Rate	Repayment
April 8, 2022	€850	Fixed	1.900%	$	927
July 15, 2022	¥70,000	Fixed	0.183%	512
December 15, 2022	$1,250	Fixed	2.350%	1,250
Total repayment of matured debt				$	2,689