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Leases
3 Months Ended
Apr. 28, 2024
Leases [Abstract]  
Leases Leases
Our lease obligations primarily consist of operating leases for our headquarters complex, domestic and international office facilities, and data center space, with lease periods expiring between fiscal years 2025 and 2035.
Future minimum lease payments under our non-cancelable operating leases as of April 28, 2024 were as follows:
Operating Lease Obligations
 (In millions)
Fiscal Year: 
2025 (excluding first quarter of fiscal year 2025)
$221 
2026306 
2027290 
2028270 
2029236 
2030 and thereafter
410 
Total1,733 
Less imputed interest206 
Present value of net future minimum lease payments1,527 
Less short-term operating lease liabilities246 
Long-term operating lease liabilities$1,281 
In addition, we have operating leases, primarily for our data centers, that are expected to commence during fiscal year 2025 with lease terms of 2 to 11 years for $923 million.
Operating lease expenses were $80 million and $59 million for the first quarter of fiscal years 2025 and 2024, respectively. Short-term and variable lease expenses for the first quarter of fiscal years 2025 and 2024 were not significant.
Other information related to leases was as follows:
Three Months Ended
Apr 28, 2024Apr 30, 2023
 (In millions)
Supplemental cash flows information 
Operating cash flows used for operating leases$69 $61 
Operating lease assets obtained in exchange for lease obligations250 106 
As of April 28, 2024, our operating leases had a weighted average remaining lease term of 6.3 years and a weighted average discount rate of 3.89%. As of January 28, 2024, our operating leases had a weighted average remaining lease term of 6.1 years and a weighted average discount rate of 3.76%.