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Derivative Financial Instruments (Tables)
 9 Months Ended
Dec. 26, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Contracts Recorded on Gross Basis in Consolidated Balance Sheets
The following table details the fair value of the Company’s derivative contracts, which are recorded on a gross basis in the consolidated balance sheets as of December 26, 2020 and March 28, 2020 (in millions):
Fair Values
 Notional AmountsAssetsLiabilities
 December 26,
2020		March 28,
2020		December 26,
2020		March 28,
2020		December 26,
2020		March 28,
2020
Designated forward foreign currency exchange contracts
$146 $161 $— $1 
(1)
$5 
(2)
$— 
Designated net investment hedges3,044 44 1 
(3)
3 
(3)
260 
(4)
— 
Designated interest rate swap500 — — — 1 
(4)
— 
Total designated hedges3,690 205 1 4 266 — 
Undesignated derivative contracts (5)
$30 — — — $2 — 
Total$3,720 $205 $1 $4 $268 $— 

(1)Recorded within prepaid expenses and other current assets in the Company’s consolidated balance sheets.
(2)Recorded within accrued expenses and other current liabilities in the Company’s consolidated balance sheets.
(3)Recorded within other assets in the Company’s consolidated balance sheets.
(4)Recorded within other long-term liabilities in the Company’s consolidated balance sheets.
(5)Primarily includes undesignated hedges of inventory purchases.
Schedule of Derivative Instruments on The Balance Sheets, Net Basis However, if the Company were to offset and record the asset and liability balances for its derivative instruments on a net basis in accordance with the terms of its master netting arrangements, which provide for the right to set-off amounts for similar transactions denominated in the same currencies, the resulting impact as of December 26, 2020 and March 28, 2020 would be as follows (in millions):
Forward Currency Exchange ContractsNet Investment
Hedges		Interest Rate
Swaps
December 26,
2020		March 28,
2020		December 26,
2020		March 28,
2020		December 26,
2020		March 28,
2020
Assets subject to master netting arrangements
$— $1 $1 $3 $— $— 
Liabilities subject to master netting arrangements
$7 $— $260 $— $1 $— 
Derivative assets, net$— $1 $1 $3 $— $— 
Derivative liabilities, net$7 $— $260 $— $— $— 
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the pre-tax impact of the gains and losses on the Company’s designated forward foreign currency exchange contracts, net investment hedges and interest rate swaps (in millions):
Three Months EndedNine Months Ended
December 26, 2020December 28, 2019December 26, 2020December 28, 2019
Pre-Tax Losses
Recognized in OCI		Pre-Tax Losses
Recognized in OCI		Pre-Tax Losses
Recognized in OCI		Pre-Tax Gains
Recognized in OCI
Designated forward foreign currency exchange contracts
$(7)$(2)$(7)$4 
Designated net investment hedges$(220)$(51)$(262)$53 
Designated interest rate swaps$— $— $(1)$— 
The following tables summarize the pre-tax impact of the gains and losses within the consolidated statements of operations and comprehensive income related to the designated forward foreign currency exchange contracts for the three and nine months ended December 26, 2020 and December 28, 2019 (in millions):
Three Months Ended
Pre-Tax Gain Reclassified from
Accumulated OCI		Location of Gain recognized
December 26, 2020December 28, 2019
Designated forward foreign currency exchange contracts
$(1)$(3)Cost of goods sold

Nine Months Ended
Pre-Tax Gain Reclassified from
Accumulated OCI		Location of Gain recognized
December 26, 2020December 28, 2019
Designated forward foreign currency exchange contracts
$(4)$(8)Cost of goods sold