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Financial Instruments (Tables)
 6 Months Ended
Jul. 31, 2022
Investments, All Other Investments [Abstract]  
Schedule of Cost and Fair Value of Financial Instruments Disclosure
The following tables summarize the Company's financial instruments' by significant investment category as of July 31, 2022, and January 31, 2022:
July 31, 2022
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Cash equivalents (1):
Money market funds$593 $— $— $593 
Commercial paper 62 — — 62 
Certificates of deposit24 — — 24 
Other (2)9 — — 9 
Marketable securities:
Short-term
U.S. government securities40 — — 40 
Corporate debt securities27 — — 27 
Asset-backed securities7 — — 7 
Other (3)9 2 — 11 
Long-term
Corporate debt securities35 — — 35 
Other (4)11 — — 11 
Mutual funds (5) (6)80 7 (1)86 
Convertible debt securities (6) 3 — — 3 
Total$900 $9 $(1)$908 
___________________ 
(1)Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets. These investments are classified as debt securities.
(2)Consists of municipal bonds, agency discount notes, and custody cash deposits.
(3)Consists of commercial paper, certificates of deposit, common stock, agency commercial mortgage-backed securities, and commercial mortgage-backed securities.
(4)Consists of asset-backed securities, U.S. government securities, commercial mortgage-backed securities, agency commercial mortgage-backed securities, and agency mortgage-backed securities.
(5)See Note 12, “Deferred Compensation” for more information.
(6)Included in “Prepaid expenses and other current assets” or “Long-term other assets” in the accompanying Condensed Consolidated Balance Sheets.
January 31, 2022
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Cash equivalents (1):
Money market funds$302 $— $— $302 
Commercial paper55 — — 55 
U.S government securities25 — — 25 
Custody cash deposit18 — — 18 
Corporate debt securities18 — — 18 
Certificates of deposit6 — — 6 
Other (2)4 — — 4 
Marketable securities:
Short-term
Commercial paper103 — — 103 
Corporate debt securities61 — — 61 
Asset-backed securities 26 — — 26 
Certificate of deposit14 — — 14 
U.S. government securities 13 — — 13 
Municipal bonds11 — — 11 
Common Stock— 4 — 4 
Other (3)4 — — 4 
Long-term
Corporate debt securities44 — — 44 
Other (4)1 — — 1 
Mutual funds (5) (6)74 16 (1)89 
Total$779 $20 $(1)$798 
____________________ 
(1)Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets. These investments are classified as debt securities.
(2)Consists of sovereign bonds and municipal bonds.
(3)Consists of sovereign bonds and supranational bonds.
(4)Consists of asset-backed securities.
(5)See Note 12, “Deferred Compensation” for more information.
(6)Included in “Prepaid expenses and other current assets,” or “Long-term other assets,” in the accompanying Condensed Consolidated Balance Sheets.
The following tables summarize the Company's financial instruments measured at fair value on a recurring basis by significant investment category as of July 31, 2022, and January 31, 2022:
 
July 31, 2022
Level 1Level 2Level 3Total
Assets:
Cash equivalents (1):
Money market funds$593 $— $— $593 
Commercial paper — 62 — 62 
Certificates of deposit— 24 — 24 
Other (2)3 6 — 9 
Marketable securities:
Short-term
U.S. government securities— 40 — 40 
Corporate debt securities— 27 — 27 
Asset-backed securities— 7 — 7 
Other (3)2 9 — 11 
Long-term
Corporate debt securities— 35 — 35 
Other (4)— 11 — 11 
Long-term other assets:
Mutual funds (5)(6)86 — — 86 
Convertible debt securities (6)— — 3 3 
Derivative assets:
Derivative contract assets (6)— 78 — 78 
Strategic investments derivative assets (6)— — 2 2 
Derivative liabilities:
Derivative contract liabilities (7)(14)— (14)
Total$684 $285 $5 $974 
____________________ 
(1)Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets. These investments are classified as debt securities.
(2)Consists of municipal bonds, agency discount notes, and custody cash deposits.
(3)Consists of commercial paper, certificates of deposit, common stock, agency commercial mortgage-backed securities, and commercial mortgage-backed securities.
(4)Consists of asset-backed securities, U.S. government securities, commercial mortgage-backed securities, agency commercial mortgage-backed securities, and agency mortgage-backed securities.
(5)See Note 12, “Deferred Compensation” for more information.
(6)Included in “Prepaid expenses and other current assets” or “Long-term other assets” in the accompanying Condensed Consolidated Balance Sheets.
(7)Included in “Other accrued liabilities” in the accompanying Condensed Consolidated Balance Sheets.
January 31, 2022
Level 1Level 2Level 3Total
Assets:
Cash equivalents (1):
Money market funds$302 $— $— $302 
Commercial paper— 55 — 55 
U.S government securities— 25 — 25 
Custody cash deposit18 — — 18 
Corporate debt securities — 18 — 18 
Certificates of deposit— 6 — 6 
Other (2)— 4 — 4 
Marketable securities:
Short-term
Commercial paper— 103 — 103 
Corporate debt securities— 61 — 61 
Asset backed securities — 26 — 26 
Certificate of deposit— 14 — 14 
U.S. government securities — 13 — 13 
Municipal bonds— 11 — 11 
Common Stock4 — — 4 
Other (3)— 4 — 4 
Long-term
Corporate debt securities— 44 — 44 
Other (4)— 1 — 1 
Long-term other assets:
Mutual funds (5) (6)89 — — 89 
Derivative assets:
Derivative contract assets (6)— 18 — 18 
Derivative liabilities:
Derivative contract liabilities (7)— (11)— (11)
Total$413 $392 $— $805 
____________________ 
(1)Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets. These investments are classified as debt securities.
(2)Consists of sovereign bonds and municipal bonds.
(3)Consists of sovereign bonds and supranational bonds.
(4)Consists of asset backed securities.
(5)See Note 12, “Deferred Compensation” for more information.
(6)Included in “Prepaid expenses and other current assets,” or “Long-term other assets,” in the accompanying Condensed Consolidated Balance Sheets.
(7)Included in “Other accrued liabilities” in the accompanying Condensed Consolidated Balance Sheets.
Schedule of Investments Classified by Contractual Maturity Date
The following table summarizes the fair values of investments classified as marketable debt securities by contractual maturity date as of July 31, 2022:
Fair Value
Due within 1 year$66 
Due in 1 year through 5 years58 
Due in 5 years through 10 years2
Due after 10 years3
Total
$129 
Schedule of Marketable Securities Proceeds from the sale and maturity of marketable debt securities were as follows:
Three Months Ended July 31,Six Months Ended July 31,
2022202120222021
Marketable debt securities$43 $— $245 $4 
Schedule of Equity Securities Without Readily Determinable Fair Value Adjustments to the carrying value of our strategic investment equity securities with no readily determined fair values measured using the measurement alternative are included in “Interest and other expense, net” on the Company's Condensed Consolidated Statements of Operations. These adjustments were as follows:
 Six Months Ended July 31,Cumulative Amount as of
20222021July 31, 2022
Upward adjustments$1 $6 $24 
Negative adjustments, including impairments (5)(9)(82)
Net adjustments$(4)$(3)$(58)
Schedule of Available-for-sale Securities Reconciliation
A reconciliation of the change in Autodesk’s Level 3 items for the six months ended July 31, 2022, is as follows:
Fair Value Measurements Using
Significant Unobservable Inputs (Level 3)
Derivative ContractConvertible Debt SecuritiesTotal
Balances, January 31, 2022
$— $— $— 
Purchases2 3 5 
Balances, July 31, 2022
$2 $3 $5