Short-term Borrowings and Long-term Debt

3 Months Ended

Apr. 30, 2024

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. to support its commercial paper program. In April 2024, 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 April 30, 2024 and January 31, 2024, all undrawn.

The following table provides the changes in the Company's long-term debt for the three months ended April 30, 2024:

(Amounts in millions)	Long-term debt due within one year		Long-term debt		Total
Balances as of February 1, 2024	$	3,447	$	36,132	$	39,579
Repayments of long-term debt	(1,574)		—		(1,574)
Other	(8)		(204)		(212)
Balances as of April 30, 2024	$	1,865	$	35,928	$	37,793

Debt Repayments

Information on significant long-term debt repayments during the three months ended April 30, 2024 is as follows:

(Amounts in millions)
Maturity Date	Principal Amount		Fixed vs. Floating	Interest Rate	Repayment
April 22, 2024	$	1,500	Fixed	3.30%	$	1,500