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Repurchase of Common Stock | 6 Months Ended
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Jul. 31, 2021
Shareholders' Equity [Abstract] |
Shareholders' Equity | 9. Repurchase of Common Stock On February 16, 2021, our Board of Directors approved a new $5.0 billion share repurchase program. There is no expiration date governing the period over which we can repurchase shares under this authorization. We temporarily suspended all share repurchases from March to November of fiscal 2021 to conserve liquidity in light of COVID-19-related uncertainties. On August 24, 2021, we announced our plan to repurchase more than $2.5 billion of shares in fiscal 2022. Information regarding the shares we repurchased was as follows ($ and shares in millions, except per share amounts):
| Three Months Ended |  | Six Months Ended
| July 31, 2021 |  | August 1, 2020 |  | July 31, 2021 |  | August 1, 2020
Total cost of shares repurchased | $ | 416 |  |  | $ | - |  |  | $ | 1,331 |  |  | $ | 56 |
Average price per share | $ | 112.75 |  |  | $ | - |  |  | $ | 109.92 |  |  | $ | 86.30 |
Number of shares repurchased |  | 3.7 |  |  |  | - |  |  |  | 12.1 |  |  |  | 0.6 |
As of July 31, 2021, $3.8 billion of the $5.0 billion share repurchase authorization was available. Between the end of the second quarter of fiscal 2022 on July 31, 2021, and August 27, 2021, we repurchased an incremental 1.4 million shares of our common stock at a cost of $160 million.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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