Restructuring and Other (Income) Expense (Tables)

9 Months Ended

Dec. 28, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The below table presents a roll forward of the Company’s restructuring liability related to its Global Optimization Plan (in millions):

	Severance and benefit costs		Lease-related and other costs			Total
Balance at March 30, 2024	$	21	$	1		$	22
Additions charged to expense	4		4		(1)	8
Payments	(20)		(5)			(25)
Balance at December 28, 2024	$	5	$	—		$	5

(1)Excludes $8 million of gains on lease terminations and store closure costs related to operating lease right-of-use assets recorded within restructuring and other (income) expense on the consolidated statements of operations and comprehensive (loss) income for the nine months ended December 28, 2024.