CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
3 Months Ended |
Apr. 30, 2021 |
May 01, 2020 |
| Operating activities: |
|
|
| Net income |
$ 425
|
$ 386
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
269
|
244
|
| Stock-based compensation |
263
|
272
|
| Deferred income taxes, net |
(48)
|
(98)
|
| Unrealized (gain) loss on equity securities, net |
35
|
(6)
|
| (Gain) loss on disposition of assets, revaluation and impairment, net |
1
|
6
|
| Other |
1
|
(4)
|
| Changes in assets and liabilities, net of acquisitions: |
|
|
| Accounts receivable |
395
|
352
|
| Other current assets and other assets |
(161)
|
(171)
|
| Due to/from related parties, net |
685
|
690
|
| Accounts payable |
65
|
(10)
|
| Accrued expenses and other liabilities |
(630)
|
(249)
|
| Income taxes payable |
80
|
15
|
| Unearned revenue |
(114)
|
(53)
|
| Net cash provided by operating activities |
1,266
|
1,374
|
| Investing activities: |
|
|
| Additions to property and equipment |
(70)
|
(87)
|
| Sales of investments in equity securities |
8
|
0
|
| Purchases of strategic investments |
0
|
(5)
|
| Proceeds from disposition of assets |
0
|
4
|
| Business combinations, net of cash acquired, and purchases of intangible assets |
(10)
|
(38)
|
| Net cash used in investing activities |
(72)
|
(126)
|
| Financing activities: |
|
|
| Proceeds from issuance of common stock |
131
|
106
|
| Net proceeds from issuance of long-term debt |
0
|
1,984
|
| Repurchase of common stock |
(371)
|
(181)
|
| Shares repurchased for tax withholdings on vesting of restricted stock |
(56)
|
(115)
|
| Principal payments on finance lease obligations |
(1)
|
(1)
|
| Net cash provided by (used in) financing activities |
(297)
|
1,793
|
| Effect of exchange rate changes on cash, cash equivalents and restricted cash |
0
|
(1)
|
| Net increase in cash, cash equivalents and restricted cash |
897
|
3,040
|
| Cash, cash equivalents and restricted cash at beginning of the period |
4,770
|
3,031
|
| Cash, cash equivalents and restricted cash at end of the period |
5,667
|
6,071
|
| Supplemental disclosures of cash flow information: |
|
|
| Cash paid for interest |
46
|
74
|
| Cash paid for taxes, net |
38
|
76
|
| Non-cash items: |
|
|
| Changes in capital additions, accrued but not paid |
$ 3
|
$ (7)
|