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Financial Instruments Financial Instruments (Tables)
3 Months Ended
Apr. 30, 2012
Financial Instruments [Abstract]  
Cost And Fair Value Of Financial Instruments Disclosure
The following tables summarize the Company's financial instruments' amortized cost, gross unrealized gains, gross unrealized losses, and fair value by significant investment category as of April 30, 2012 and January 31, 2012:
 
 
 
 
 
April 30, 2012
 
 
 
 
Amortized Cost
 
Gross unrealized gains
 
Gross unrealized losses
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
 
Cash equivalents (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Certificates of deposit and time deposits
$
298.9

 
$

 
$

 
$
298.9

 
$
19.5

 
$
279.4

 
$

 
 
Commercial paper
256.7

 

 

 
256.7

 

 
256.7

 

 
 
U.S. government agency securities
1.0

 

 

 
1.0

 
1.0

 

 

 
 
Money market funds
185.2

 

 

 
185.2

 

 
185.2

 

 
Marketable securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Short-term available for sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper and corporate debt securities
158.4

 

 

 
158.4

 
31.6

 
126.8

 

 
 
 
Certificates of deposit and time deposits
155.1

 

 

 
155.1

 

 
155.1

 

 
 
 
U.S. treasury securities
29.9

 

 

 
29.9

 
29.9

 

 

 
 
 
U.S. government agency securities
53.3

 

 

 
53.3

 
53.3

 

 

 
 
 
Municipal securities
5.8

 

 

 
5.8

 
5.8

 

 

 
 
 
Other
0.3

 

 

 
0.3

 
0.3

 

 

 
 
Short-term trading securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual funds
32.0

 
2.7

 

 
34.7

 
34.7

 

 

 
 
Long-term available for sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities
123.4

 
1.0

 
(0.1
)
 
124.3

 
124.3

 

 

 
 
 
U.S. treasury securities
96.5

 
0.3

 

 
96.8

 
96.8

 

 

 
 
 
U.S. government agency securities
51.8

 
0.1

 

 
51.9

 
51.9

 

 

 
 
 
Municipal securities
5.8

 
0.1

 

 
5.9

 
5.9

 

 

 
 
 
Sovereign debt
1.0

 

 

 
1.0

 

 
1.0

 

 
 
 
Taxable auction-rate securities
4.2

 

 

 
4.2

 

 

 
4.2

 
Convertible debt securities (2)
20.2

 
2.0

 
(3.3
)
 
18.9

 

 

 
18.9

 
Derivative contracts (3)
12.2

 
7.7

 
(0.5
)
 
19.4

 

 
7.8

 
11.6

 
 
 
Total
$
1,491.7

 
$
13.9

 
$
(3.9
)
 
$
1,501.7

 
$
455.0

 
$
1,012.0

 
$
34.7

____________________ 
(1)
Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets.
(2)
Included in "Other assets" in the accompanying Condensed Consolidated Balance Sheets.
(3)
Included in “Prepaid expenses and other current assets,” "Other assets," or “Other accrued liabilities” in the accompanying Condensed Consolidated Balance Sheets.
 
 
 
 
 
January 31, 2012
 
 
 
 
Amortized Cost
 
Gross unrealized gains
 
Gross unrealized losses
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
 
Cash equivalents (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Certificates of deposit and time deposits
$
493.6

 
$

 
$

 
$
493.6

 
$
11.3

 
$
482.3

 
$

 
 
Commercial paper
297.9

 

 

 
297.9

 

 
297.9

 

 
 
Money market funds
62.1

 

 

 
62.1

 

 
62.1

 

 
Marketable securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Short-term available for sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper and corporate debt securities
143.7

 
0.1

 

 
143.8

 
35.3

 
108.5

 

 
 
 
Certificates of deposit and time deposits
5.2

 

 

 
5.2

 

 
5.2

 

 
 
 
U.S. treasury securities
30.7

 

 

 
30.7

 
30.7

 

 

 
 
 
U.S. government agency securities
38.2

 

 

 
38.2

 
38.2

 

 

 
 
 
Municipal securities
4.7

 

 

 
4.7

 
4.7

 

 

 
 
 
Other
0.3

 

 

 
0.3

 
0.3

 

 

 
 
Short-term trading securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual funds
29.8

 
1.8

 
(0.1
)
 
31.5

 
31.5

 

 

 
 
Long-term available for sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities
107.8

 
1.0

 
(0.2
)
 
108.6

 
108.6

 

 

 
 
 
U.S. treasury securities
23.6

 
0.2

 

 
23.8

 
23.8

 

 

 
 
 
U.S. government agency securities
51.4

 
0.2

 

 
51.6

 
51.6

 

 

 
 
 
Municipal securities
4.6

 

 

 
4.6

 
4.6

 

 

 
 
 
Taxable auction-rate securities
4.2

 

 

 
4.2

 

 

 
4.2

 
Convertible debt securities (2)
18.3

 

 

 
18.3

 

 

 
18.3

 
Derivative contracts (3)
11.6

 
6.5

 
(2.2
)
 
15.9

 

 
9.7

 
6.2

 
 
 
Total
$
1,327.7

 
$
9.8

 
$
(2.5
)
 
$
1,335.0

 
$
340.6

 
$
965.7

 
$
28.7

____________________ 
(1)
Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets.
(2)
Included in "Other assets" in the accompanying Condensed Consolidated Balance Sheets.
(3)
Included in “Prepaid expenses and other current assets,” "Other assets," or “Other accrued liabilities” in the accompanying Condensed Consolidated Balance Sheets.
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
A reconciliation of the change in Autodesk’s Level 3 items for the three months ended April 30, 2012 was as follows:

 
Fair Value Measurements Using
Significant Unobservable Inputs
 
(Level 3)
 
 
Derivative Contracts
 
Convertible Debt Securities
 
Taxable
Auction-Rate
Securities
 
Total
Balance at January 31, 2012
 
$
6.2

 
$
18.3

 
$
4.2

 
$
28.7

Purchases
 
1.0

 
1.9

 

 
2.9

Transfers into (out of) Level 3
 

 

 

 

Redemptions
 

 

 

 

Total unrealized gains (losses)
 
4.4

 
(1.3
)
 

 
3.1

Balance at April 30, 2012
 
$
11.6

 
$
18.9

 
$
4.2

 
$
34.7

Available-for-sale Securities [Table Text Block]
The following table summarizes the estimated fair value of our “available-for-sale securities” classified by the contractual maturity date of the security:

 
April 30, 2012
 
Cost
 
Fair Value
Due in 1 year
$
402.8

 
$
402.8

Due in 1 year through 5 years
298.7

 
298.8

Due in 5 years through 10 years

 

Due after 10 years
4.2

 
4.2

Total
$
705.7

 
$
705.8

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
 
Balance Sheet Location
 
Fair Value at
 
April 30, 2012
 
January 31, 2012
Derivative Assets
 
 
 
 
 
Foreign currency contracts designated as cash flow hedges
Prepaid expenses and other current assets
 
$
8.2

 
$
11.9

Derivatives not designated as hedging instruments
Other assets
 
11.6

 
6.2

Total derivative assets
 
 
$
19.8

 
$
18.1

Derivative Liabilities
 
 
 
 
 
Foreign currency contracts designated as cash flow hedges
Other accrued liabilities
 
$
0.4

 
$
2.2

Total derivative liabilities
 
 
$
0.4

 
$
2.2

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
 
Foreign Currency Contracts
 
Three Months Ended April 30,
 
2012
 
2011
Amount of gain (loss) recognized in accumulated other comprehensive income on derivatives (effective portion)
$
1.5

 
$
(9.6
)
Amount and Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)
 
 
 
Net revenue
$
6.3

 
$
(3.8
)
Operating expenses
(1.5
)
 
1.9

Total
$
4.8

 
$
(1.9
)
Amount and Location of Gain (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)
 
 
 
Interest and other income (expense), net
$
0.1

 
$
(0.3
)

The effects of derivatives not designated as hedging instruments on Autodesk’s Condensed Consolidated Statements of Operations were as follows for the three months periods ended April 30, 2012 and 2011, respectively (amounts presented include any income tax effects):

 
Foreign Exchange
Contracts
 
Three Months Ended April 30,
 
2012
 
2011
Amount and Location of Gain (Loss) Recognized in Income on Derivative
 
 
 
Interest and other income, net
$
1.0

 
$
(1.7
)