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v3.22.2.2

Cash Equivalents and Investments (Tables) | 6 Months Ended
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Jul. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
Schedule of Cash Equivalents and Investments | The following is a summary of the Company’s cash equivalents, short-term investments, and long-term investments on the condensed consolidated balance sheets (in thousands):
| July 31, 2022
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 590,661 |  |  | $ | — |  |  | $ | — |  |  | $ | 590,661 |
Commercial paper | 71,835 |  |  | — |  |  | (14) |  |  | 71,821 |
Corporate notes and bonds | 15,703 |  |  | — |  |  | (7) |  |  | 15,696 |
Total cash equivalents | 678,199 |  |  | — |  |  | (21) |  |  | 678,178 |
Investments: |  |  |  |  |  |  |
Corporate notes and bonds | 2,464,401 |  |  | 97 |  |  | (30,226) |  |  | 2,434,272 |
Commercial paper | 893,431 |  |  | 224 |  |  | (3,852) |  |  | 889,803 |
U.S. government and agency securities | 528,941 |  |  | 304 |  |  | (9,640) |  |  | 519,605 |
Certificates of deposit | 290,264 |  |  | 59 |  |  | (842) |  |  | 289,481 |
Total investments | 4,177,037 |  |  | 684 |  |  | (44,560) |  |  | 4,133,161 |
Total cash equivalents and investments | $ | 4,855,236 |  |  | $ | 684 |  |  | $ | (44,581) |  |  | $ | 4,811,339 |
| January 31, 2022
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 722,492 |  |  | $ | — |  |  | $ | — |  |  | $ | 722,492 |
Commercial paper | 77,795 |  |  | 1 |  |  | (2) |  |  | 77,794 |
U.S. government securities | 36,997 |  |  | — |  |  | (2) |  |  | 36,995 |
Corporate notes and bonds | 7,950 |  |  | — |  |  | (1) |  |  | 7,949 |
Total cash equivalents | 845,234 |  |  | 1 |  |  | (5) |  |  | 845,230 |
Investments: |  |  |  |  |  |  |
Corporate notes and bonds | 2,610,010 |  |  | 91 |  |  | (12,062) |  |  | 2,598,039 |
Commercial paper | 884,376 |  |  | 81 |  |  | (821) |  |  | 883,636 |
U.S. government and agency securities | 439,449 |  |  | 28 |  |  | (2,558) |  |  | 436,919 |
Certificates of deposit | 104,108 |  |  | 4 |  |  | (135) |  |  | 103,977 |
Total investments | 4,037,943 |  |  | 204 |  |  | (15,576) |  |  | 4,022,571 |
Total cash equivalents and investments | $ | 4,883,177 |  |  | $ | 205 |  |  | $ | (15,581) |  |  | $ | 4,867,801 |
Schedule of Cash Equivalents and Investments | The following is a summary of the Company’s cash equivalents, short-term investments, and long-term investments on the condensed consolidated balance sheets (in thousands):
| July 31, 2022
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 590,661 |  |  | $ | — |  |  | $ | — |  |  | $ | 590,661 |
Commercial paper | 71,835 |  |  | — |  |  | (14) |  |  | 71,821 |
Corporate notes and bonds | 15,703 |  |  | — |  |  | (7) |  |  | 15,696 |
Total cash equivalents | 678,199 |  |  | — |  |  | (21) |  |  | 678,178 |
Investments: |  |  |  |  |  |  |
Corporate notes and bonds | 2,464,401 |  |  | 97 |  |  | (30,226) |  |  | 2,434,272 |
Commercial paper | 893,431 |  |  | 224 |  |  | (3,852) |  |  | 889,803 |
U.S. government and agency securities | 528,941 |  |  | 304 |  |  | (9,640) |  |  | 519,605 |
Certificates of deposit | 290,264 |  |  | 59 |  |  | (842) |  |  | 289,481 |
Total investments | 4,177,037 |  |  | 684 |  |  | (44,560) |  |  | 4,133,161 |
Total cash equivalents and investments | $ | 4,855,236 |  |  | $ | 684 |  |  | $ | (44,581) |  |  | $ | 4,811,339 |
| January 31, 2022
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 722,492 |  |  | $ | — |  |  | $ | — |  |  | $ | 722,492 |
Commercial paper | 77,795 |  |  | 1 |  |  | (2) |  |  | 77,794 |
U.S. government securities | 36,997 |  |  | — |  |  | (2) |  |  | 36,995 |
Corporate notes and bonds | 7,950 |  |  | — |  |  | (1) |  |  | 7,949 |
Total cash equivalents | 845,234 |  |  | 1 |  |  | (5) |  |  | 845,230 |
Investments: |  |  |  |  |  |  |
Corporate notes and bonds | 2,610,010 |  |  | 91 |  |  | (12,062) |  |  | 2,598,039 |
Commercial paper | 884,376 |  |  | 81 |  |  | (821) |  |  | 883,636 |
U.S. government and agency securities | 439,449 |  |  | 28 |  |  | (2,558) |  |  | 436,919 |
Certificates of deposit | 104,108 |  |  | 4 |  |  | (135) |  |  | 103,977 |
Total investments | 4,037,943 |  |  | 204 |  |  | (15,576) |  |  | 4,022,571 |
Total cash equivalents and investments | $ | 4,883,177 |  |  | $ | 205 |  |  | $ | (15,581) |  |  | $ | 4,867,801 |
Schedule of Available For Sale Securities Remaining Contractual Maturity | The estimated fair values of available-for-sale marketable debt securities, by remaining contractual maturity, are as follows (in thousands):
| July 31, 2022
| Estimated Fair Value
Due within 1 year | $ | 3,133,994 |
Due in 1 year to 3 years | 1,086,684 |
Total | $ | 4,220,678 |
Schedule of Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value | The following tables show the fair values of, and the gross unrealized losses on, the Company’s available-for-sale marketable debt securities, classified by the length of time that the securities have been in a continuous unrealized loss position and aggregated by investment type, on the condensed consolidated balance sheets (in thousands):
| July 31, 2022
| Less than 12 Months |  | 12 Months or Greater |  | Total
| Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
Cash equivalents: |  |  |  |  |  |  |  |  |  |  |
Commercial paper | $ | 61,983 |  |  | $ | (14) |  |  | $ | — |  |  | $ | — |  |  | $ | 61,983 |  |  | $ | (14) |
Corporate notes and bonds | 15,696 |  |  | (7) |  |  | — |  |  | — |  |  | 15,696 |  |  | (7) |
Total cash equivalents | 77,679 |  |  | (21) |  |  | — |  |  | — |  |  | 77,679 |  |  | (21) |
Investments: |  |  |  |  |  |  |  |  |  |  |
Corporate notes and bonds | 2,285,206 |  |  | (29,345) |  |  | 62,893 |  |  | (881) |  |  | 2,348,099 |  |  | (30,226) |
Commercial paper | 837,383 |  |  | (3,852) |  |  | — |  |  | — |  |  | 837,383 |  |  | (3,852) |
U.S. government and agency securities | 369,879 |  |  | (9,334) |  |  | 13,694 |  |  | (306) |  |  | 383,573 |  |  | (9,640) |
Certificates of deposit | 223,543 |  |  | (842) |  |  | — |  |  | — |  |  | 223,543 |  |  | (842) |
Total investments | 3,716,011 |  |  | (43,373) |  |  | 76,587 |  |  | (1,187) |  |  | 3,792,598 |  |  | (44,560) |
Total cash equivalents and investments | $ | 3,793,690 |  |  | $ | (43,394) |  |  | $ | 76,587 |  |  | $ | (1,187) |  |  | $ | 3,870,277 |  |  | $ | (44,581) |
| January 31, 2022
| Less than 12 Months |  | 12 Months or Greater |  | Total
| Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
Cash equivalents: |  |  |  |  |  |  |  |  |  |  |
Commercial paper | $ | 55,819 |  |  | $ | (2) |  |  | $ | — |  |  | $ | — |  |  | $ | 55,819 |  |  | $ | (2) |
U.S. government securities | 36,995 |  |  | (2) |  |  | — |  |  | — |  |  | 36,995 |  |  | (2) |
Corporate notes and bonds | 7,629 |  |  | (1) |  |  | — |  |  | — |  |  | 7,629 |  |  | (1) |
Total cash equivalents | 100,443 |  |  | (5) |  |  | — |  |  | — |  |  | 100,443 |  |  | (5) |
Investments: |  |  |  |  |  |  |  |  |  |  |
Corporate notes and bonds | 2,378,956 |  |  | (12,044) |  |  | 8,935 |  |  | (18) |  |  | 2,387,891 |  |  | (12,062) |
Commercial paper | 653,827 |  |  | (821) |  |  | — |  |  | — |  |  | 653,827 |  |  | (821) |
U.S. government and agency securities | 334,980 |  |  | (2,558) |  |  | — |  |  | — |  |  | 334,980 |  |  | (2,558) |
Certificates of deposit | 49,118 |  |  | (135) |  |  | — |  |  | — |  |  | 49,118 |  |  | (135) |
Total investments | 3,416,881 |  |  | (15,558) |  |  | 8,935 |  |  | (18) |  |  | 3,425,816 |  |  | (15,576) |
Total cash equivalents and investments | $ | 3,517,324 |  |  | $ | (15,563) |  |  | $ | 8,935 |  |  | $ | (18) |  |  | $ | 3,526,259 |  |  | $ | (15,581) |

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