| 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 July 31, 2022 | | Fair Value | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | (in thousands) | | Financial Assets: | | | | | | | | | Money market funds | $ | 521,527 | | | $ | 521,527 | | | $ | — | | | $ | — | | | Treasury bills | 50 | | | — | | | 50 | | | — | | | Commercial paper | 670 | | | — | | | 670 | | | — | | | | | | | | | | | U.S. government agency securities | 49,197 | | | — | | | 49,197 | | | — | | | Agency bonds | 15,949 | | | — | | | 15,949 | | | — | | | Cash equivalents | 587,393 | | | 521,527 | | | 65,866 | | | — | | | Commercial paper | 64,596 | | | — | | | 64,596 | | | — | | | Agency bonds | 643,832 | | | — | | | 643,832 | | | — | | | Corporate and other debt securities | 408,465 | | | — | | | 408,465 | | | — | | | U.S. government agency securities | 3,384,243 | | | — | | | 3,384,243 | | | — | | | Treasury bills | 81,572 | | | — | | | 81,572 | | | — | | | Marketable securities | 4,582,708 | | | — | | | 4,582,708 | | | — | | | | | | | | | | | | | | | | | | | Publicly held equity securities included in strategic investments | 139,908 | | | 139,908 | | | — | | | — | | | Privately held debt securities included in strategic investments | 13,673 | | | — | | | — | | | 13,673 | | | Certificates of deposit included in other assets, noncurrent | 269 | | | — | | | 269 | | | — | | | Total financial assets | $ | 5,323,951 | | | $ | 661,435 | | | $ | 4,648,843 | | | $ | 13,673 | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | 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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