Financial Instruments (Tables)

3 Months Ended

Apr. 30, 2015

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, 2015 and January 31, 2015:

			April 30, 2015
			Amortized Cost		Gross unrealized gains		Gross unrealized losses			Fair Value		Level 1		Level 2		Level 3
Cash equivalents (1):
	Certificates of deposit		$	300.8	$	—	$	—		$	300.8	$	300.8	$	—	$	—
	Custody cash deposit		17.2		—		—			17.2		17.2		—		—
	Commercial paper		174.1		—		—			174.1		—		174.1		—
	Corporate bonds		7.2		—		—			7.2		7.2		—		—
	Money market funds		37.2		—		—			37.2		—		37.2		—
	Sovereign debt		5.0		—		—			5.0		—		5.0		—
Marketable securities:
	Short-term available-for-sale
		U.S. government agency bonds	43.8		—		—			43.8		43.8		—		—
		Corporate debt securities	149.0		—		(0.1		)	148.9		148.9		—		—
		Municipal bonds	18.9		0.1		—			19.0		19.0		—		—
		Certificates of deposit	151.6		—		—			151.6		151.6		—		—
		Commercial paper	229.3		—		—			229.3		—		229.3		—
		U.S. treasury bills	11.1		—		—			11.1		11.1		—		—
	Short-term trading securities
		Mutual funds	40.1		4.4		—			44.5		44.5		—		—
	Long-term available-for-sale
		U.S. government agency bonds	64.8		0.2		—			65.0		65.0		—		—
		Corporate debt securities	266.5		0.7		(0.2		)	267.0		267.0		—		—
		Municipal bonds	8.6		—		—			8.6		8.6		—		—
		U.S. treasury bills	80.5		0.2		—			80.7		80.7		—		—
		Sovereign debt	19.0		—		—			19.0		—		19.0		—
Convertible debt securities (2)			10.8		2.8		(2.0		)	11.6		—		—		11.6
Derivative contracts (3)			7.5		12.4		(8.8		)	11.1		—		4.9		6.2
		Total	$	1,643.0	$	20.8	$	(11.1	)	$	1,652.7	$	1,165.4	$	469.5	$	17.8

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(1) Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets.

(2) Considered “available-for-sale” and 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, 2015
			Amortized Cost		Gross unrealized gains		Gross unrealized losses			Fair Value		Level 1		Level 2		Level 3
Cash equivalents (1):
	Certificates of deposit		$	258.6	$	—	$	—		$	258.6	$	258.6	$	—	$	—
	Custody cash deposit		141.5		—		—			141.5		141.5		—		—
	Commercial paper		161.0		—		—			161.0		—		161.0		—
	Corporate bond		11.5		—		—			11.5		11.5		—		—
	Money market funds		127.3		—		—			127.3		—		127.3		—
Marketable securities:
	Short-term available-for-sale
		Agency bond	37.9		—		—			37.9		37.9		—		—
		Corporate debt securities	148.0		0.1		(0.1		)	148.0		148.0		—		—
		Municipal bond	29.2		0.1		—			29.3		29.3		—		—
		Certificates of deposit	101.9		—		—			101.9		101.9		—		—
		Commercial paper	258.4		—		—			258.4		—		258.4		—
	Short-term trading securities
		Mutual funds	36.9		3.4		—			40.3		40.3		—		—
	Long-term available-for-sale
		Agency bond	50.6		0.2		—			50.8		50.8		—		—
		Corporate debt securities	199.4		0.6		(0.2		)	199.8		199.8		—		—
		Municipal securities	13.3		0.1		—			13.4		13.4		—		—
		U.S. government agency securities	8.9		0.1		—			9.0		9.0		—		—
Convertible debt securities (2)			4.7		2.5		(2.1		)	5.1		—		—		5.1
Derivative contracts (3)			3.5		19.5		(7.0		)	16.0		—		15.1		0.9
		Total	$	1,592.6	$	26.6	$	(9.4	)	$	1,609.8	$	1,042.0	$	561.8	$	6.0

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(1) Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets.

(2) Considered “available-for-sale” and 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

A reconciliation of the change in Autodesk’s Level 3 items for the three months ended April 30, 2015 was as follows:

	Fair Value Measurements Using Significant Unobservable Inputs
	(Level 3)
		Derivative Contracts		Convertible Debt Securities		Total
Balance at January 31, 2015		$	0.9	$	5.1	$	6.0
Purchases		4.3		6.2		10.5
Settlements		—		—		—
Gains included in earnings		1.0		—		1.0
Gains included in OCI		—		0.3		0.3
Balance at April 30, 2015		$	6.2	$	11.6	$	17.8

Available-for-sale Securities

The following table summarizes the estimated fair value of Autodesk's “available-for-sale securities” classified by the contractual maturity date of the security:

	April 30, 2015
	Cost		Fair Value
Due within 1 year	$	603.7	$	603.7
Due in 1 year through 5 years	450.2		451.9
Total	$	1,053.9	$	1,055.6

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair values of derivative instruments in Autodesk’s Condensed Consolidated Balance Sheets were as follows as of April 30, 2015 and January 31, 2015:

	Balance Sheet Location	Fair Value at
		April 30, 2015		January 31, 2015
Derivative Assets
Foreign currency contracts designated as cash flow hedges	Prepaid expenses and other current assets (1)	$	9.1	$	20.4
Derivatives not designated as hedging instruments	Prepaid expenses and other current assets and Other assets	8.6		0.9
Total derivative assets		$	17.7	$	21.3
Derivative Liabilities
Foreign currency contracts designated as cash flow hedges	Other accrued liabilities (2)	$	4.8	$	5.4
Derivatives not designated as hedging instruments	Other accrued liabilities	1.8		—
Total derivative liabilities		$	6.6	$	5.4

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(1) Considering Autodesk's master netting arrangements, these contracts are presented net settled. The gross balance is $13.0 million and $23.8 million at April 30, 2015 and January 31, 2015, respectively.

(2) Considering Autodesk's master netting arrangements, these contracts are presented net settled. The gross balance is $8.6 million and $8.7 million at April 30, 2015 and January 31, 2015, respectively.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The effects of derivatives designated as hedging instruments on Autodesk’s Condensed Consolidated Statements of Operations were as follows for the three months ended April 30, 2015 and 2014 (amounts presented include any income tax effects):

	Foreign Currency  Contracts
	Three Months Ended April 30,
	2015			2014
Amount of gain (loss) recognized in accumulated other comprehensive income on derivatives (effective portion)	$	2.3		$	(2.6	)
Amount and location of gain reclassified from accumulated other comprehensive income into income (effective portion)
Net revenue	$	11.0		$	1.4
Operating expenses	(3.3		)	(0.8		)
Total	$	7.7		$	0.6
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	)	$	—

The effects of derivatives not designated as hedging instruments on Autodesk’s Condensed Consolidated Statements of Operations were as follows for the three months ended April 30, 2015 and 2014 (amounts presented include any income tax effects):

	Three Months Ended April 30,
	2015			2014
Amount and location of gain (loss) recognized in income on derivatives (1)
Interest and other income (expense), net	$	(1.4	)	$	(5.8	)

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(1) Prior period balance has been adjusted to conform to current period presentation.