| Schedule of Financial Instruments Measured at Fair Value on Recurring Basis |
The following tables present information about our financial instruments that are measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value: | | | | | | | | | | | | | | | | | | | | | | | | | As of April 30, 2022 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | (in thousands) | | Financial Assets: | | | | | | | | | Money market funds | $ | 1,054,691 | | | $ | 1,054,691 | | | $ | — | | | $ | — | | | Treasury bills | 92,477 | | | — | | | 92,477 | | | — | | | Corporate debt securities | 783 | | | — | | | 783 | | | — | | | U.S. government agency securities | 4,006 | | | — | | | 4,006 | | | — | | | | | | | | | | | Cash equivalents | 1,151,957 | | | 1,054,691 | | | 97,266 | | | — | | | Commercial paper | 34,881 | | | — | | | 34,881 | | | — | | | Agency bonds | 594,397 | | | — | | | 594,397 | | | — | | | Corporate and other debt securities | 285,251 | | | — | | | 285,251 | | | — | | | U.S. government agency securities | 3,146,058 | | | — | | | 3,146,058 | | | — | | | Treasury bills | 258,387 | | | — | | | 258,387 | | | — | | | Marketable securities | 4,318,974 | | | — | | | 4,318,974 | | | — | | | | | | | | | | | | | | | | | | | Publicly held equity securities included in strategic investments | 133,013 | | | 133,013 | | | — | | | — | | | Privately held debt securities included in strategic investments | 14,344 | | | — | | | — | | | 14,344 | | | Certificates of deposit included in other assets, noncurrent | 274 | | | — | | | 274 | | | — | | | Total financial assets | $ | 5,618,562 | | | $ | 1,187,704 | | | $ | 4,416,514 | | | $ | 14,344 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | As of January 31, 2022 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | (in thousands) | | Financial Assets: | | | | | | | | | Money market funds | $ | 688,722 | | | $ | 688,722 | | | $ | — | | | $ | — | | | Treasury bills | 107,496 | | | — | | | 107,496 | | | — | | | Corporate debt securities | 749 | | | — | | | 749 | | | — | | | | | | | | | | | Cash equivalents | 796,967 | | | 688,722 | | | 108,245 | | | — | | | Commercial paper | 28,723 | | | — | | | 28,723 | | | — | | | Agency bonds | 629,609 | | | — | | | 629,609 | | | — | | | Corporate and other debt securities | 280,927 | | | — | | | 280,927 | | | — | | | U.S. government agency securities | 3,027,509 | | | — | | | 3,027,509 | | | — | | | Treasury bills | 389,678 | | | — | | | 389,678 | | | — | | | Marketable securities | 4,356,446 | | | — | | | 4,356,446 | | | — | | | | | | | | | | | | | | | | | | | Certificates of deposit included in other assets, noncurrent | 297 | | | — | | | 297 | | | — | | | Publicly held equity securities included in strategic investments | 168,784 | | | 168,784 | | | — | | | — | | | Privately held debt securities included in strategic investments | 14,231 | | | — | | | — | | | 14,231 | | | Total financial assets | $ | 5,336,725 | | | $ | 857,506 | | | $ | 4,464,988 | | | $ | 14,231 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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