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Income Taxes (Tables) | 12 Months Ended
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Jan. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Domestic and Foreign Components of Pre-tax Loss | The domestic and foreign components of pre-tax loss for fiscal 2023, 2022 and 2021 were as follows:
| Year Ended January 31,
| 2023 |  | 2022 |  | 2021
| (dollars in millions)
Domestic | $ | (834) |  |  | $ | (904) |  |  | $ | (282) |
Foreign | 33 |  |  | 54 |  |  | 16 |
Loss before provision for (benefit from) income taxes | $ | (801) |  |  | $ | (850) |  |  | $ | (266) |
Schedule of Components of Provision for (Benefit from) Income Taxes | The components of the provision for (benefit from) income taxes for fiscal 2023, 2022 and 2021 were as follows:
| Year Ended January 31,
| 2023 |  | 2022 |  | 2021
| (dollars in millions)
Current: |  |  |  |  |
Federal | $ | — |  |  | $ | — |  |  | $ | — |
State | 2 |  |  | — |  |  | — |
Foreign | 5 |  |  | 4 |  |  | 1 |
Total current provision for income taxes | 7 |  |  | 4 |  |  | 1 |
Deferred: |  |  |  |  |
Federal | — |  |  | (8) |  |  | — |
State | — |  |  | (1) |  |  | — |
Foreign | 7 |  |  | 3 |  |  | (1) |
Total deferred provision for (benefit from) income taxes | 7 |  |  | (6) |  |  | (1) |
Total provision for (benefit from) income taxes | $ | 14 |  |  | $ | (2) |  |  | $ | — |
Schedule of Effective Income Tax Rate Reconciliation | The following is a reconciliation of the statutory federal income tax rate to the Company’s effective tax rate for fiscal 2023, 2022 and 2021:
| Year Ended January 31,
| 2023 |  | 2022 |  | 2021
Tax at federal statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal benefit | 3.6 |  |  | 3.9 |  |  | 4.1 |
Change in valuation allowance | (9.9) |  |  | (36.1) |  |  | (101.0) |
Stock-based compensation | (12.3) |  |  | 8.4 |  |  | 70.2 |
Research and development credits | 2.6 |  |  | 3.6 |  |  | 6.4 |
Non-deductible expenses | (5.4) |  |  | — |  |  | — |
Other, net | (1.2) |  |  | (0.6) |  |  | (0.8) |
Effective tax rate | (1.6) | % |  | 0.2 | % |  | (0.1) | %
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences and related deferred tax assets and liabilities as of January 31, 2023 and 2022 were as follows:
| As of January 31,
| 2023 |  | 2022
| (dollars in millions)
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 817 |  |  | $ | 955 |
Capitalized research expenditures | 189 |  |  | — |
Stock-based compensation | 52 |  |  | 48 |
Operating lease liabilities | 43 |  |  | 50 |
Other reserves and accruals | 31 |  |  | 40 |
Research and development and other credits | 113 |  |  | 92 |
Total deferred tax assets | 1,245 |  |  | 1,185 |
Valuation allowance | (1,078) |  |  | (904) |
Total deferred tax assets, net | 167 |  |  | 281 |
Deferred tax liabilities: |  |  |
Convertible debt | — |  |  | (91) |
Deferred commissions | (77) |  |  | (68) |
Other deferred tax liabilities | (5) |  |  | (3) |
Operating lease right-of-use assets | (31) |  |  | (37) |
Depreciation and amortization | (56) |  |  | (78) |
Total deferred tax liabilities | (169) |  |  | (277) |
Net deferred tax assets (liabilities) | $ | (2) |  |  | $ | 4 |
Schedule of Unrecognized Tax Benefits Roll Forward | A reconciliation of beginning and ending amount of unrecognized tax benefit was as follows:
| Year Ended January 31,
| 2023 |  | 2022 |  | 2021
| (dollars in millions)
Gross amount of unrecognized tax benefits as of the beginning of the year | $ | 37 |  |  | $ | 22 |  |  | $ | 16 |
Additions based on tax positions related to a prior year | 1 |  |  | 5 |  |  | — |
Additions based on tax positions related to current year | 7 |  |  | 10 |  |  | 7 |
Reductions based on tax positions taken in a prior year | (2) |  |  | — |  |  | (1) |
Gross amount of unrecognized tax benefits as of the end of the year | $ | 43 |  |  | $ | 37 |  |  | $ | 22 |

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