O365-Excel Formulas - The "C:\Users\" references changes to "https://tenant-my.sharepoint.com/user"

Brass Contributor

I have an Excel workbook which I keep on one-drive, and it has some cell formulas which refers to information from other workbooks ("which are on my C: drive"). 

 

I noticed that if I input a formula something like 

='C:\Users\abc.DOMAIN\Downloads\[Excel_Workbook1.xlsx]Tab1'!F4

 

then it automatically changes the formulas to

='https://tenant-my.sharepoint.com/Users/abc.DOMAIN/Downloads/[Excel_Workbook1.xlsx]Tab1'!F4

 

And it works :). Doesn't the above formula mean that it will look for excel document on one-drive? I am wondering how does it route back correctly to my C: drive?

 

Thanks so much.

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