Cash Equivalents and Marketable Securities

6 Months Ended

Aug. 01, 2021

Investments, Debt and Equity Securities [Abstract]

Cash Equivalents and Marketable Securities

Cash Equivalents and Marketable Securities 

Our cash equivalents and marketable securities related to debt securities are classified as “available-for-sale” debt securities.

The following is a summary of cash equivalents and marketable securities as of August 1, 2021 and January 31, 2021:

	August 1, 2021
	Amortized Cost		Unrealized Gain		Unrealized Loss		Estimated Fair Value		Reported as
									Cash Equivalents		Marketable Securities
	(In millions)
Corporate debt securities	$	8,610	$	2	$	(1)	$	8,611	$	1,825	$	6,786
Debt securities issued by the United States Treasury	5,079		1		—		5,080		1,311		3,769
Debt securities issued by United States government agencies	2,371		1		—		2,372		60		2,312
Money market funds	2,097		—		—		2,097		2,097		—
Certificates of deposit	962		—		—		962		44		918
Foreign government bonds	241		—		—		241		—		241
Total	$	19,360	$	4	$	(1)	$	19,363	$	5,337	$	14,026

	January 31, 2021
	Amortized Cost		Unrealized Gain		Unrealized Loss		Estimated Fair Value		Reported as
									Cash Equivalents		Marketable Securities
	(In millions)
Corporate debt securities	$	4,442	$	2	$	—	$	4,444	$	234	$	4,210
Debt securities issued by United States government agencies	2,975		1		—		2,976		28		2,948
Debt securities issued by the United States Treasury	2,846		—		—		2,846		25		2,821
Certificates of deposit	705		—		—		705		37		668
Money market funds	313		—		—		313		313		—
Foreign government bonds	67		—		—		67		—		67
Total	$	11,348	$	3	$	—	$	11,351	$	637	$	10,714

Net realized gains and unrealized gains and losses were not significant for all periods presented.

The amortized cost and estimated fair value of cash equivalents and marketable securities as of August 1, 2021 and January 31, 2021 are shown below by contractual maturity.

	August 1, 2021				January 31, 2021
	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
	(In millions)
Less than one year	$	17,390	$	17,391	$	10,782	$	10,783
Due in 1 - 5 years	1,970		1,972		566		568
Total	$	19,360	$	19,363	$	11,348	$	11,351