v3.25.4
Leases and Other Commitments (Tables)
 12 Months Ended
Jan. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Components of Lease Expense and Supplemental Cash Flow Information
The components of lease expense were as follows (in millions):
Fiscal Year Ended January 31,
202620252024
Operating lease cost$614 $684 $1,041 
Finance lease cost:
Amortization of right-of-use assets $375 $303 $264 
Interest on lease liabilities 25 28 29 
Total finance lease cost$400 $331 $293 
Supplemental cash flow information related to operating and finance leases was as follows (in millions):
Fiscal Year Ended January 31,
202620252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases$695 $628 $716 
Operating cash outflows for finance leases 25 2729
Financing cash outflows for finance leases367 380347
Right-of-use assets obtained in exchange for lease obligations:
Operating leases255 345456
Balance Sheet and Other Information Related to Leases
Supplemental balance sheet information related to operating and finance leases was as follows (in millions):
As of January 31,
20262025
Operating leases:
Operating lease right-of-use assets$2,003 $2,157 
Operating lease liabilities, current$548 $579 
Noncurrent operating lease liabilities2,189 2,380 
Total operating lease liabilities$2,737 $2,959 
Finance leases:
Computers, equipment and software$1,427 $1,520 
Accumulated depreciation(813)(708)
Property and equipment, net$614 $812 
Accrued expenses and other liabilities $275 $337 
Other noncurrent liabilities 260 341 
Total finance lease liabilities$535 $678 
Other information related to leases was as follows:
As of January 31,
20262025
Weighted average remaining lease term
Operating leases7 years7 years
Finance leases3 years3 years
Weighted average discount rate
Operating leases3.4 %3.2 %
Finance leases4.6 %3.8 %
Summary of Maturities of Operating Lease Liabilities
As of January 31, 2026, the maturities of lease liabilities under noncancellable operating and finance leases were as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Fiscal 2027$615 $289 
Fiscal 2028571 120 
Fiscal 2029493 76 
Fiscal 2030338 58 
Fiscal 2031268 26 
Thereafter790 0 
Total minimum lease payments3,075 569 
Less: Imputed interest(338)(34)
Total$2,737 $535 
Summary of Maturities of Finance Lease Liabilities
As of January 31, 2026, the maturities of lease liabilities under noncancellable operating and finance leases were as follows (in millions):
Operating Leases Finance Leases
Fiscal Period:
Fiscal 2027$615 $289 
Fiscal 2028571 120 
Fiscal 2029493 76 
Fiscal 2030338 58 
Fiscal 2031268 26 
Thereafter790 0 
Total minimum lease payments3,075 569 
Less: Imputed interest(338)(34)
Total$2,737 $535