Leases and Other Commitments (Tables)

12 Months Ended

Jan. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Components of Lease Expense and Supplemental Cash Flow Information

The components of lease expense were as follows (in millions):

	Fiscal Year Ended January 31,
	2023		2022
Operating lease cost	$	986	$	1,080
Finance lease cost:
Amortization of right-of-use assets	$	198	$	125
Interest on lease liabilities	10		5
Total finance lease cost	$	208	$	130

Supplemental cash flow information related to operating and finance leases was as follows (in millions):

	Fiscal Year Ended January 31,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases	$	769	$	873
Operating cash outflows for finance leases	10		5
Financing cash outflows for finance leases	180		74
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	915		364

Balance Sheet and Other Information Related to Leases

Supplemental balance sheet information related to operating and finance leases was as follows (in millions):

	As of January 31,
	2023		2022
Operating leases:
Operating lease right-of-use assets	$	2,890	$	2,880
Operating lease liabilities, current	$	590	$	686
Noncurrent operating lease liabilities	2,897		2,703
Total operating lease liabilities	$	3,487	$	3,389
Finance leases:
Computers, equipment and software	$	1,053	$	928
Accumulated depreciation	(264)		(528)
Property and equipment, net	$	789	$	400
Accrued expenses and other liabilities	$	257	$	114
Other noncurrent liabilities	534		271
Total finance lease liabilities	$	791	$	385

Other information related to leases was as follows:

	As of January 31,
	2023		2022
Weighted average remaining lease term
Operating leases	7 years		7 years
Finance leases	3 years		3 years
Weighted average discount rate
Operating leases	2.6	%	2.1	%
Finance leases	2.1	%	1.9	%

Maturities of Operating Lease Liabilities

As of January 31, 2023, the maturities of lease liabilities under noncancellable operating and finance leases were as follows (in millions):

	Operating Leases		Finance Leases
Fiscal Period:
Fiscal 2024	$	663	$	270
Fiscal 2025	524		265
Fiscal 2026	536		199
Fiscal 2027	486		85
Fiscal 2028	437		0
Thereafter	1,239		0
Total minimum lease payments	3,885		819
Less: Imputed interest	(398)		(28)
Total	$	3,487	$	791

Maturities of Finance Lease Liabilities

As of January 31, 2023, the maturities of lease liabilities under noncancellable operating and finance leases were as follows (in millions):

	Operating Leases		Finance Leases
Fiscal Period:
Fiscal 2024	$	663	$	270
Fiscal 2025	524		265
Fiscal 2026	536		199
Fiscal 2027	486		85
Fiscal 2028	437		0
Thereafter	1,239		0
Total minimum lease payments	3,885		819
Less: Imputed interest	(398)		(28)
Total	$	3,487	$	791