Short-term Borrowings and Long-term Debt (Tables)
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12 Months Ended |
Jan. 31, 2026 |
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| Long-Term Debt, Unclassified [Abstract] |
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| Schedule of Line of Credit Facilities |
The Company has various committed lines of credit in the U.S. to support its commercial paper program which are summarized in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | January 31, 2026 | | January 31, 2025 | | (Amounts in millions) | | Available | | Drawn | | Undrawn | | Available | | Drawn | | Undrawn | Five-year credit facility(1) | | $ | 5,000 | | | $ | — | | | $ | 5,000 | | | $ | 5,000 | | | $ | — | | | $ | 5,000 | | 364-day revolving credit facility(1) | | 10,000 | | | — | | | 10,000 | | | 10,000 | | | — | | | 10,000 | | | Total | | $ | 15,000 | | | $ | — | | | $ | 15,000 | | | $ | 15,000 | | | $ | — | | | $ | 15,000 | |
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| Schedule of Long-term Debt Instruments |
The Company's long-term debt, which includes the fair value instruments further discussed in Note 7, consists of the following as of January 31, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | January 31, 2026 | | January 31, 2025 | | (Amounts in millions) | | Maturity Dates
By Fiscal Year | | Amount | | Average Rate(1) | | Amount | | Average Rate(1) | | Unsecured debt | | | | | | | | | | | | Fixed | | 2027 - 2054 | | $ | 32,032 | | | 3.9% | | $ | 31,406 | | | 3.8% | | Variable | | 2028 | | 750 | | | 4.1% | | — | | | —% | | Total U.S. dollar denominated | | | | 32,782 | | | | | 31,406 | | | | Euro denominated | | 2027 - 2030 | | 1,955 | | | 4.0% | | 1,715 | | | 4.0% | | | | | | | | | | | | | | | | | | | | | | | Sterling denominated | | 2031 - 2039 | | 3,677 | | | 5.4% | | 3,336 | | | 5.4% | | | | | | | | | | | | | | | | | | | | | | | Yen denominated | | 2028 | | 388 | | | 0.5% | | 389 | | | 0.5% | | | | | | | | | | | | | | | | | | | | | | | | Total unsecured debt | | | | 38,802 | | | | | 36,846 | | | | Total other(2) | | | | (636) | | | | | (847) | | | | | Total debt | | | | 38,166 | | | | | 35,999 | | | | | Less amounts due within one year | | | | (3,542) | | | | | (2,598) | | | | | Long-term debt | | | | $ | 34,624 | | | | | $ | 33,401 | | | |
(1)The average rate represents the weighted-average stated rate for each corresponding debt category, based on year-end balances and year-end interest rates. (2)Includes deferred loan costs, discounts, fair value hedges, foreign-held debt and secured debt.
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| Schedule of Maturities of Long-term Debt |
Annual maturities of long-term debt during the next five years and thereafter are as follows: | | | | | | | | | | (Amounts in millions) | | Annual | | Fiscal Year | | Maturities | | 2027 | | $ | 3,542 | | | 2028 | | 3,237 | | | 2029 | | 3,389 | | | 2030 | | 2,143 | | | 2031 | | 2,600 | | | Thereafter | | 23,255 | | | Total | | $ | 38,166 | |
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| Schedule of Significant Debt Issuances |
Information on significant issuances of long-term debt during fiscal 2026, for general corporate purposes, is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (Amounts in millions) | | | | | | | | | | | | Issue Date | | Principal Amount | | Maturity Date | | | | Interest Rate | | Net Proceeds | | April 28, 2025 | | $750 | | April 28, 2027 | | | | Floating | | $ | 749 | | | April 28, 2025 | | $750 | | April 28, 2027 | | | | 4.100% | | 748 | | | April 28, 2025 | | $1,000 | | April 28, 2030 | | | | 4.350% | | 993 | | | April 28, 2025 | | $1,500 | | April 28, 2035 | | | | 4.900% | | 1,493 | | | Total | | | | | | | | | | $ | 3,983 | |
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| Schedule of Significant Debt Repayments |
The following tables provide details of significant long-term debt maturities during fiscal 2026 and 2025, respectively: | | | | | | | | | | | | | | | | | | | | | | | | (Amounts in millions) | | | | | | | | | | Maturity Date | | Principal Amount | | | | Interest Rate | | Repayment | | June 26, 2025 | | $875 | | | | 3.550% | | $ | 875 | | | September 9, 2025 | | $1,750 | | | | 3.900% | | 1,750 | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | $ | 2,625 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | (Amounts in millions) | | | | | | | | | | Maturity Date | | Principal Amount | | | | Interest Rate | | Repayment | | April 22, 2024 | | $1,500 | | | | 3.300% | | $ | 1,500 | | | July 8, 2024 | | $990 | | | | 2.850% | | 990 | | | July 18, 2024 | | ¥40,000 | | | | 0.298% | | 253 | | | December 15, 2024 | | $630 | | | | 2.650% | | 630 | | | Total | | | | | | | | $ | 3,373 | |
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