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Shareholders' Equity
3 Months Ended
Jul. 01, 2017
Equity [Abstract]  
Shareholders' Equity
Shareholders’ Equity
Share Repurchase Program
On May 25, 2017, the Company's Board of Directors authorized a $1.0 billion share repurchase program. During the three months ended July 1, 2017 and July 2, 2016, the Company repurchased 4,543,500 shares and 8,025,749 shares, respectively, at a cost of $157.8 million and $400.0 million, respectively, under its share-repurchase programs through open market transactions. As of July 1, 2017, the remaining availability under the Company’s new share repurchase program was $842.2 million. Share repurchases are subject to market conditions and the Company's business priorities.
The Company also has in place a “withhold to cover” repurchase program, which allows the Company to withhold ordinary shares from certain executive officers to satisfy minimum tax withholding obligations relating to the vesting of their restricted share awards. During the three month periods ended July 1, 2017 and July 2, 2016, the Company withheld 77,155 shares and 94,151 shares, respectively, at a cost of $2.5 million and $4.4 million, respectively, in satisfaction of minimum tax withholding obligations relating to the vesting of restricted share awards.