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Share-Based Compensation (Tables)
12 Months Ended
Mar. 27, 2021
Share-based Payment Arrangement [Abstract]  
Option Activity and Information about Options Outstanding The following table summarizes the share options activity during Fiscal 2021, and information about options outstanding at March 27, 2021:
Number of
Options
Weighted
Average
Exercise price
Weighted
Average
Remaining
Contractual
Life (years)
Aggregate
Intrinsic
Value
(in millions)
Outstanding at March 28, 2020
2,071,096 $50.66 
Granted— $— 
Exercised(446,564)$6.06 
Canceled/forfeited(474,272)$61.73 
Outstanding at March 27, 2021
1,150,260 $63.42 1.67$
Vested or expected to vest at March 27, 2021
1,150,260 $63.42 1.67
Vested and exercisable at March 27, 2021
1,014,945 $64.01 1.37$
Assumptions Used to Estimate Fair Value of Options The following table represents assumptions used to estimate the fair value of options for the fiscal year ended March 30, 2019:
 March 30,
2019
Expected dividend yield0.0 %
Volatility factor36.9 %
Weighted average risk-free interest rate2.8 %
Expected life of option4.85 years
Restricted Share Unit Activity
The following table summarizes the RSU activity during Fiscal 2021:
 Service-basedPerformance-based
 Number of
Restricted
Stock Units
Weighted
Average Grant
Date Fair Value
Number of
Restricted
Stock Units
Weighted
Average Grant
Date Fair Value
Unvested at March 28, 2020
4,311,683 $40.34 772,172 $49.13 
Granted2,349,594 $19.21 12,318 $39.43 
Change due to performance conditions— $— 43,661 $57.70 
Vested(1,354,285)$41.46 (102,078)$34.68 
Canceled/forfeited(411,475)$40.18 (144,414)$61.07 
Unvested at March 27, 2021
4,895,517 $29.91 581,659 $49.17 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table summarizes compensation expense attributable to share-based compensation for Fiscal 2021, Fiscal 2020 and Fiscal 2019 (in millions):
Fiscal Years Ended
March 27,
2021
March 28,
2020
March 30,
2019
Share-based compensation expense$70 $70 $60 
Tax benefits related to share-based compensation expense
$12 $$11