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Common Stock and Stockholders' Equity (Tables)
12 Months Ended
Jan. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Information Related to Restricted Stock Units Activity
A summary of information related to RSU activity during fiscal 2019 is as follows:
 
Number of Shares
 
Weighted-Average Grant Date Fair Value
Balance as of January 31, 2018
12,819,516

 
$
84.77

RSUs granted
6,991,459

 
129.62

RSUs vested
(5,893,133
)
 
84.58

RSUs forfeited
(904,553
)
 
96.79

Balance as of January 31, 2019
13,013,289

 
$
108.12

Summary of Stock Option Activity
A summary of information related to stock option activity during fiscal 2019 is as follows (in millions, except share and per share data):
 
Outstanding Stock Options
 
Weighted-Average Exercise Price
 
Aggregate Intrinsic Value
Balance as of January 31, 2018
6,595,486

 
$
4.23

 
$
763

Stock options assumed
1,103,942

 
26.84

 

Stock options exercised
(1,872,545
)
 
5.68

 

Stock options canceled
(46,141
)
 
18.77

 

Balance as of January 31, 2019
5,780,742

 
$
7.96

 
$
1,003

Vested and expected to vest as of January 31, 2019
5,706,507

 
$
7.66

 
$
992

Exercisable as of January 31, 2019
4,985,686

 
$
4.74

 
$
881

Assumptions Used for Periods Presented
The fair value of stock options assumed was estimated using the following assumptions:
 
Year Ended January 31, 2019
Expected volatility
31.5% – 34.3%
Expected term (in years)
0.03 – 2.42
Risk-free interest rate
2.10% – 2.72%
Dividend yield
—%
The fair value of stock purchase rights granted under the ESPP was estimated using the following assumptions:
 
Year Ended January 31,
 
2019
 
2018
 
2017
Expected volatility
30.9% – 41.7%
 
25.3% – 32.0%
 
34.5% – 44.5%
Expected term (in years)
0.5
 
0.5
 
0.5
Risk-free interest rate
2.09% – 2.50%
 
1.11% – 1.45%
 
0.53% – 0.91%
Dividend yield
—%
 
—%
 
—%
Grant date fair value per share
$126.29 – $167.80
 
$98.39 – $100.52
 
$69.00 – $79.30