Income Taxes (Tables)

12 Months Ended

Jan. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes consists of the following:

	Fiscal year ended January 31,
	2023		2022		2021
Federal:
Current	$	219	$	(1)	$	10
Deferred	(222)		(5)		(740)
State:
Current	28		2		19
Deferred	(19)		1		(58)
Foreign:
Current	151		83		88
Deferred	(34)		(12)		20
Income tax provision (benefit)	$	123	$	68	$	(661)

Schedule of Differences Between The U.S. Statutory Rate and The Aggregate Income Tax Provision

The differences between the U.S. statutory rate and the aggregate income tax provision are as follows:

	Fiscal year ended January 31,
	2023		2022		2021
Income tax provision at U.S. Federal statutory rate	$	199	$	119	$	115
State income tax benefit, net of the U.S. Federal benefit (1)	(3)		2		(43)
Foreign income taxed at rates different from the U.S. statutory rate (1)	22		(25)		(11)
Valuation allowance adjustment (1)	(38)		—		(637)
Tax effect of non-deductible stock-based compensation (1)	34		32		25
Stock compensation (windfall) / shortfall (1)	10		(43)		(35)
Research and development tax credit benefit (1)	(12)		(19)		(16)
Closure of income tax audits and changes in uncertain tax positions (1)	11		—		—
Tax effect of officer compensation in excess of $1.0 million	10		7		5
Non-deductible expenses	1		5		2
Global intangible low-taxed income, foreign derived intangible income	(106)		24		(65)
India withholding tax refund	—		(44)		—
Acquisition-related integrations	(2)		9		—
Other (1)	(3)		1		(1)
Income tax provision (benefit)	$	123	$	68	$	(661)

  _______________

(1) The above comparative for fiscal 2021 has reclassified to conform to the current period presentation.

Schedule of Components of Deferred Tax Assets and Liabilities

Significant components of Autodesk’s deferred tax assets and liabilities are as follows:

	January 31,
	2023		2022
Stock-based compensation	$	54	$	56
Research and development tax credit carryforwards	103		235
Foreign tax credit carryforwards	—		59
Accrued compensation and benefits	7		6
Other accruals not currently deductible for tax	26		23
Capitalized research and development (1)	340		123
Fixed assets	22		24
Lease liability	92		106
Tax loss carryforwards	38		68
Deferred revenue	653		387
Other	23		23
Total deferred tax assets	1,358		1,110
Less: valuation allowance	(148)		(188)
Net deferred tax assets	1,210		922
Indefinite lived intangibles	(109)		(95)
Purchased technology (1)	(26)		(34)
Right-of-use assets	(58)		(74)
Unremitted earnings of foreign subsidiaries	(2)		(6)
Deferred taxes on foreign earnings	(33)		(1)
Total deferred tax liabilities	(228)		(210)
Net deferred tax assets	$	982	$	712

  _______________

(1) The above comparative for fiscal 2022 has reclassified to conform to the current period presentation.

Schedule of Unrecognized Tax Benefits Reconciliation

A reconciliation of the beginning and ending amount of the gross unrecognized tax benefits is as follows:

	Fiscal Year Ended January 31,
	2023		2022		2021
Gross unrecognized tax benefits at the beginning of the fiscal year	$	207	$	198	$	221
Increases for tax positions of prior years	8		9		13
Decreases for tax positions of prior years	(3)		(7)		(41)
Increases for tax positions related to the current year	17		7		6
Decreases relating to settlements with taxing authorities	(5)		—		—
Reductions as a result of lapse of the statute of limitations	(1)		—		(1)
Gross unrecognized tax benefits at the end of the fiscal year	$	223	$	207	$	198