Discontinued Operations (Tables)

6 Months Ended

Sep. 27, 2025

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Carrying Amounts of Major Classes of Assets and Liabilities Classified as Held for Sale and Major Components of Discontinued Operations, Net of Income Taxes

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 September 27, 2025 and March 29, 2025 (in millions):

	September 27, 2025		March 29, 2025
Cash and cash equivalents	$	101	$	59
Receivables, net	65		62
Inventories, net	194		168
Prepaid expenses and other current assets	39		53
Current assets held for sale	399		342
Property and equipment, net	124		120
Operating lease right-of-use assets	475		388
Intangible assets, net	577		534
Goodwill	528		489
Other assets	58		63
Noncurrent assets held for sale	1,762		1,594
Total assets held for sale	$	2,161	$	1,936
Accounts payable	$	109	$	106
Accrued payroll and payroll related expenses	32		28
Accrued income taxes	3		2
Short-term operating lease liabilities	113		101
Accrued expenses and other current liabilities	71		67
Current liabilities held for sale	328		304
Long-term operating lease liabilities	464		439
Deferred tax liabilities	113		106
Long-term debt	11		10
Other long-term liabilities	16		20
Noncurrent liabilities held for sale	604		575
Total liabilities held for sale	$	932	$	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 (loss) income:

	Three Months Ended				Six Months Ended
	September 27, 2025		September 28, 2024		September 27, 2025		September 28, 2024
Total revenue	$	203	$	201	$	386	$	420
Cost of goods sold	65		54		115		119
Selling, general and administrative expenses	125		142		262		300
Depreciation and amortization	1		14		5		29
Impairment of assets	—		23		—		23
Restructuring and other expense	1		—		4		—
Other expense, net	—		—		1		—
Foreign currency loss (gain)	3		(6)		(6)		(5)
Income (loss) from discontinued operations before income taxes	8		(26)		5		(46)
Provision (benefit) for income taxes	2		(7)		2		(10)
Net income (loss) from discontinued operations, net of tax	$	6	$	(19)	$	3	$	(36)