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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2021
Operating activities:      
Net income $ 823 $ 497 $ 1,208
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization, and accretion 150 148 124
Stock-based compensation expense 657 555 398
Deferred income taxes (277) (8) (779)
Lease-related asset impairments 34 104 0
Other operating activities (8) 18 39
Changes in operating assets and liabilities, net of business combinations:      
Accounts receivable (247) (66) 13
Prepaid expenses and other assets (3) (134) (56)
Accounts payable and other liabilities (5) 10 130
Deferred revenue 798 419 344
Accrued income taxes 149 (12) 16
Net cash provided by operating activities 2,071 1,531 1,437
Investing activities:      
Purchases of marketable securities (397) (311) (21)
Sales of marketable securities 152 12 0
Maturities of marketable securities 298 26 17
Purchases of intangible assets (6) (11) (5)
Business combinations, net of cash acquired (96) (1,250) (246)
Capital expenditures (40) (56) (91)
Other investing activities (54) (5) (58)
Net cash used in investing activities (143) (1,595) (404)
Financing activities:      
Proceeds from issuance of common stock, net of issuance costs 124 114 114
Taxes paid related to net share settlement of equity awards (160) (194) (157)
Repurchase and retirement of common stock (1,101) (1,079) (552)
Proceeds from debt, net of discount 0 997 0
Repayments of debt (350) 0 (450)
Other financing activities 0 (7) (2)
Net cash used in financing activities (1,487) (169) (1,047)
Effect of exchange rate changes on cash and cash equivalents (22) (11) 11
Net increase (decrease) in cash and cash equivalents 419 (244) (3)
Cash and cash equivalents at beginning of fiscal year 1,528 1,772 1,775
Cash and cash equivalents at end of fiscal year 1,947 1,528 1,772
Supplemental cash flow disclosure:      
Cash paid for interest 86 58 63
Cash paid for income taxes, net of tax refunds 241 165 93
Non-cash investing and financing activities:      
Fair value of common stock issued to settle liability-classified restricted stock units 11 3 29
Fair value of common stock issued related to business combination (See Note 6) $ 10 $ 6 $ 38