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Fair Value Measurements (Tables)
6 Months Ended
Sep. 28, 2013
Fair Value Disclosures [Abstract]  
Fair value of financial assets and liabilities measured and recorded at fair value on recurring basis
The following table summarizes the Company’s financial assets and liabilities that are measured and recorded at fair value on a recurring basis:
 
 
September 28,
2013
 
March 30,
2013
 
 
(millions)
Financial assets recorded at fair value(a):
 
 
 
 
Government bonds — U.S.
 
$
32

 
$
29

Government bonds — non-U.S.
 

 
92

Corporate bonds — non-U.S.
 

 
82

Variable rate municipal securities — U.S.
 

 
17

Auction rate securities
 
2

 
2

Derivative financial instruments
 
24

 
15

Total
 
$
58

 
$
237

Financial liabilities recorded at fair value(b):
 
 
 
 
Derivative financial instruments
 
$
7

 
$
5

Total
 
$
7

 
$
5

 
(a) 
Based on Level 1 measurements, except for auction rate securities and derivative financial instruments, which are based on Level 2 measurements.
(b) 
Based on Level 2 measurements.
Carrying value and the estimated fair value of the Company's debt obligations
The following table summarizes the carrying values and the estimated fair values of the Company’s debt obligations:
 
 
September 28, 2013
 
March 30, 2013
 
 
Carrying
Value
 
Fair
Value(a)
 
Carrying
Value
 
Fair
Value(a)
 
 
(millions)
2.125% Senior Notes
 
$
300

 
$
302

 
N/A

 
N/A

Euro Debt
 
$
283

 
$
282

 
$
267

 
$
272

 
 
(a) 
Based on Level 2 measurements.