v3.22.2.2
Debt
 6 Months Ended
Jul. 31, 2022
Debt Disclosure [Abstract]  
Debt Debt
Long-Term Debt
The carrying values of our outstanding notes and their associated interest rates were as follows:
Carrying Value at
Expected
Remaining Term (years)
Effective
Interest Rate		July 31, 2022January 30, 2022
(In millions)
0.309% Notes Due 2023
0.90.41%$1,250 $1,250 
0.584% Notes Due 2024
1.90.66%1,250 1,250 
3.20% Notes Due 2026
4.13.31%1,000 1,000 
1.55% Notes Due 2028
5.91.64%1,250 1,250 
2.85% Notes Due 2030
7.72.93%1,500 1,500 
2.00% Notes Due 2031
8.92.09%1,250 1,250 
3.50% Notes Due 2040
17.73.54%1,000 1,000 
3.50% Notes Due 2050
27.73.54%2,000 2,000 
3.70% Notes Due 2060
37.73.73%500 500 
Unamortized debt discount and issuance costs(51)(54)
Net carrying amount$10,949 $10,946 
Less short-term portion(1,249)— 
Total long-term portion$9,700 $10,946 
All our notes are unsecured senior obligations. All existing and future liabilities of our subsidiaries will be effectively senior to the notes. Our notes pay interest semi-annually. We may redeem each of our notes prior to maturity, subject to a make-whole premium as defined in the applicable form of note.
As of July 31, 2022, we have complied with the required covenants under the notes.
Commercial Paper
We have a $575 million commercial paper program to support general corporate purposes. As of July 31, 2022, we had not issued any commercial paper.