v3.24.3
Leases and Other Commitments
9 Months Ended
Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Leases and Other Commitments Leases and Other Commitments
Leases
The Company has leases for corporate offices, data centers and equipment under noncancellable operating and finance leases with various expiration dates.
Total operating lease costs were $162 million and $163 million for the three months ended October 31, 2024 and 2023, respectively, and were $513 million and $823 million for the nine months ended October 31, 2024 and 2023, respectively. Included in operating lease costs are amounts related to restructuring charges, which are discussed in Note 9 “Restructuring.”
As of October 31, 2024, the maturities of lease liabilities under noncancellable operating and finance leases were as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Remaining three months of fiscal 2025$167 $91 
Fiscal 2026637 359 
Fiscal 2027565 246 
Fiscal 2028505 69 
Fiscal 2029415 24 
Thereafter1,080 8 
Total minimum lease payments3,369 797 
Less: Imputed interest(377)(43)
Total$2,992 $754 
Other Balance Sheet Accounts
Accounts payable, accrued expenses and other liabilities as of October 31, 2024 included approximately $2.0 billion of accrued compensation as compared to $2.5 billion as of January 31, 2024.