Fair Value Measurements (Tables)

12 Months Ended

Jan. 31, 2026

Schedule of Fair Value of Assets and Liabilities Measured on a Recurring Basis

The following tables presents our assets and liabilities measured at fair value on a recurring basis:


	January 31, 2026
		Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:
Marketable securities(1)		$	2,708.7	$	0.4	$	—	$	2,709.1
Digital assets(2)		0.2		—		(0.1)		0.1


Level 2:
Digital assets receivable (2)		428.0		—		(59.7)		368.3
Company-owned life insurance(3)		0.1		—		—		0.1
Total assets		$	3,137.0	$	0.4	$	(59.8)	$	3,077.6
Liabilities
Level 2:
Derivative liability on digital assets(4)		$	3.0	$	(2.3)	$	—	$	0.7
Nonqualified deferred compensation(4)		0.1		—		—		0.1
Total liabilities		$	3.1	$	(2.3)	$	—	$	0.8


	February 1, 2025
		Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value
Assets
Level 1:
Time deposits(1)		$	18.0	$	—	$	—	$	18.0
Level 2:
Company-owned life insurance(3)		0.1		—		—		0.1
Total assets		$	18.1	$	—	$	—	$	18.1
Liabilities
Level 2:
Nonqualified deferred compensation(4)		0.1		—		—		0.1
Total liabilities		$	0.1	$	—	$	—	$	0.1

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(1) Recognized in "Marketable securities" on our Consolidated Balance Sheets.

(2) Recognized in "Digital assets and related receivables" on our Consolidated Balance Sheets. The Company pledged a portion of its

digital assets as collateral in connection with a covered‑call strategy, which resulted in the derecognition of the pledged digital assets and the corresponding recognition of a digital asset receivable.

(3) Recognized in "Other noncurrent assets" on our Consolidated Balance Sheets.

(4) Recognized in "Accrued liabilities and other current liabilities" on our Consolidated Balance Sheets.