v3.24.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2024
Oct. 31, 2023
Operating activities:        
Net income $ 1,527 $ 1,224 $ 4,489 $ 2,690
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization [1] 814 862 2,600 3,006
Amortization of costs capitalized to obtain revenue contracts, net 525 482 1,568 1,428
Stock-based compensation expense 820 693 2,380 2,113
Losses on strategic investments, net 217 72 217 242
Changes in assets and liabilities, net of business combinations:        
Accounts receivable, net 655 550 6,681 5,905
Costs capitalized to obtain revenue contracts, net (430) (300) (1,105) (906)
Prepaid expenses and other current assets and other assets (272) (407) (1,263) (750)
Accounts payable and accrued expenses and other liabilities 32 172 (503) (1,607)
Operating lease liabilities (144) (139) (387) (474)
Unearned revenue (1,761) (1,677) (5,555) (4,816)
Net cash provided by operating activities 1,983 1,532 9,122 6,831
Investing activities:        
Business combinations, net of cash acquired (179) (82) (517) (82)
Purchases of strategic investments (67) (103) (374) (390)
Sales of strategic investments 13 80 118 102
Purchases of marketable securities (1,239) (661) (5,041) (2,827)
Sales of marketable securities 554 315 3,652 1,117
Maturities of marketable securities 905 563 2,439 1,810
Capital expenditures (204) (166) (504) (589)
Net cash used in investing activities (217) (54) (227) (859)
Financing activities:        
Repurchases of common stock (1,285) (1,925) (7,753) (5,928)
Proceeds from employee stock plans 321 274 1,056 1,085
Principal payments on financing obligations (100) (114) (505) (506)
Repayments of debt 0 0 (1,000) (1,182)
Payments of dividends (382) 0 (1,154) 0
Net cash used in financing activities (1,446) (1,765) (9,356) (6,531)
Effect of exchange rate changes (5) (32) (14) (4)
Net increase (decrease) in cash and cash equivalents 315 (319) (475) (563)
Cash and cash equivalents, beginning of period 7,682 6,772 8,472 7,016
Cash and cash equivalents, end of period 7,997 6,453 7,997 6,453
Cash paid during the period for:        
Interest 28 28 146 164
Income taxes, net of tax refunds $ 471 $ 458 $ 1,388 $ 709
[1] Includes amortization of intangible assets acquired through business combinations, depreciation of fixed assets and amortization and impairment of right-of-use assets.