Fair Value Measurements (Tables)

3 Months Ended

Apr. 30, 2024

Fair Value Disclosures [Abstract]

Fair value of investments

The fair value of these investments is as follows:

(Amounts in millions)	Fair Value as of April 30, 2024		Fair Value as of January 31, 2024
Equity investments measured using Level 1 inputs	$	3,072	$	2,835
Equity investments measured using Level 2 inputs	4,748		4,414
Total	$	7,820	$	7,249

Schedule of derivative instruments

As of April 30, 2024 and January 31, 2024, the notional amounts and fair values of these derivatives were as follows:

	April 30, 2024					January 31, 2024
(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	$	4,771	$	(777)	(1)	$	6,271	$	(654)	(1)
Receive fixed-rate, pay fixed-rate cross-currency swaps designated as cash flow hedges	5,784		(1,298)		(1)	5,879		(1,302)		(1)
Total	$	10,555	$	(2,075)		$	12,150	$	(1,956)

(1) Primarily classified 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 April 30, 2024 and January 31, 2024, are as follows: 

	April 30, 2024				January 31, 2024
(Amounts in millions)	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt, including amounts due within one year	$	37,793	$	34,974	$	39,579	$	38,431