v3.24.2.u1
Debt
 6 Months Ended
Jul. 28, 2024
Debt Disclosure [Abstract]  
Debt Debt
Long-Term Debt
Expected
Remaining Term (years)		Effective
Interest Rate		Carrying Value at
Jul 28, 2024Jan 28, 2024
(In millions)
0.584% Notes Due 2024 (1)
—0.66%$— $1,250 
3.20% Notes Due 2026
2.13.31%1,000 1,000 
1.55% Notes Due 2028
3.91.64%1,250 1,250 
2.85% Notes Due 2030
5.72.93%1,500 1,500 
2.00% Notes Due 2031
6.92.09%1,250 1,250 
3.50% Notes Due 2040
15.73.54%1,000 1,000 
3.50% Notes Due 2050
25.73.54%2,000 2,000 
3.70% Notes Due 2060
35.73.73%500 500 
Unamortized debt discount and issuance costs(39)(41)
Net carrying amount8,461 9,709 
Less short-term portion— (1,250)
Total long-term portion$8,461 $8,459 
(1) We repaid the 0.584% Notes Due 2024 in the second quarter of fiscal year 2025.
Our notes are unsecured senior obligations. 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, as defined in the applicable form of note. The maturity of the notes are calendar year.
As of July 28, 2024, we complied with the required covenants, which are non-financial in nature, under the outstanding notes.
Commercial Paper
We have a $575 million commercial paper program to support general corporate purposes. As of July 28, 2024, we had no commercial paper outstanding.