Discontinued Operations (Tables)

3 Months Ended

Jun. 28, 2025

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The following table represents the carrying amounts of the major classes of assets and liabilities classified as held for sale in the consolidated balance sheets as of June 28, 2025 and March 29, 2025 (in millions):

	June 28, 2025		March 29, 2025
Cash and cash equivalents	$	71	$	59
Receivables, net	64		62
Inventories, net	194		168
Prepaid expenses and other current assets	55		53
Current assets held for sale	384		342
Property and equipment, net	120		120
Operating lease right-of-use assets	418		388
Intangible assets, net	579		534
Goodwill	529		489
Other assets	61		63
Noncurrent assets held for sale	1,707		1,594
Total assets held for sale	$	2,091	$	1,936
Accounts payable	$	117	$	106
Accrued payroll and payroll related expenses	35		28
Accrued income taxes	3		2
Short-term operating lease liabilities	106		101
Accrued expenses and other current liabilities	78		67
Current liabilities held for sale	339		304
Long-term operating lease liabilities	445		439
Deferred tax liabilities	114		106
Long-term debt	11		10
Other long-term liabilities	18		20
Noncurrent liabilities held for sale	588		575
Total liabilities held for sale	$	927	$	879

The following table presents the major components of discontinued operations, net of income taxes, in the Company’s consolidated statements of operations and comprehensive income (loss):

	Three Months Ended
	June 28, 2025		June 29, 2024
Total revenue	$	183	$	219
Cost of goods sold	50		65
Selling, general and administrative expenses	137		158
Depreciation and amortization	4		15
Restructuring and other expense	3		—
Other income, net	1		—
Foreign currency (gain) loss	(9)		1
Loss from discontinued operations before income taxes	(3)		(20)
Benefit for income taxes	—		(3)
Net loss from discontinued operations, net of tax	$	(3)	$	(17)