Fair Value Measurement (Tables)

12 Months Ended

Jan. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s assets and liabilities that are measured at fair value as of January 31, 2021 and indicates the fair value hierarchy of the valuation (in millions):

Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of January 31, 2021
Cash equivalents (1):
Time deposits	$	0	$	1,143	$	0	$	1,143
Money market mutual funds	377		0		0		377
Cash equivalent securities	0		1,910		0		1,910
Marketable securities:
Corporate notes and obligations	0		3,341		0		3,341
U.S. treasury securities	0		206		0		206
Mortgage-backed obligations	0		387		0		387
Asset-backed securities	0		1,101		0		1,101
Municipal securities	0		244		0		244
Covered bonds	0		328		0		328
Other	0		164		0		164
Strategic investments:
Publicly held equity securities	2,068		0		0		2,068
Total assets	$	2,445	$	8,824	$	0	$	11,269

(1) Included in “cash and cash equivalents” in the accompanying consolidated balance sheet in addition to $2.8 billion of cash, as of January 31, 2021.

The following table presents information about the Company’s assets and liabilities that are measured at fair value as of January 31, 2020 and indicates the fair value hierarchy of the valuation (in millions):

Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of January 31, 2020
Cash equivalents (1):
Time deposits	$	0	$	746	$	0	$	746
Money market mutual funds	1,293		0		0		1,293
Marketable securities:
Corporate notes and obligations	0		2,207		0		2,207
U.S. treasury securities	0		183		0		183
Mortgage-backed obligations	0		226		0		226
Asset-backed securities	0		781		0		781
Municipal securities	0		158		0		158
Covered bonds	0		165		0		165
Other	0		82		0		82
Strategic investments:
Publicly held equity securities	370		0		0		370
Total assets	$	1,663	$	4,548	$	0	$	6,211

(1) Included in “cash and cash equivalents” in the accompanying consolidated balance sheet in addition to $2.1 billion of cash, as of January 31, 2020.