XML 49 R37.htm IDEA: XBRL DOCUMENT v3.25.3
Fair Value Measurements (Tables)
 6 Months Ended
Sep. 27, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measured and Recorded on a Recurring Basis
All contracts are measured and recorded at fair value on a recurring basis and are categorized in Level 2 of the fair value hierarchy, as shown in the following table (in millions):
 
Fair value at September 27, 2025 using:
Fair value at March 29, 2025 using:
 Quoted prices in
active markets for
identical assets
(Level 1)		Significant
other observable
inputs
(Level 2)		Significant
unobservable
inputs
(Level 3)		Quoted prices in
active markets for
identical assets
(Level 1)		Significant
other observable
inputs
(Level 2)		Significant
unobservable
inputs
(Level 3)
Derivative liabilities:
Forward foreign currency exchange contracts
$— $4 $— $— $2 $— 
Net investment hedges— 909 — — 289 — 
Total derivative liabilities$— $913 $— $— $291 $— 
Schedule of Carrying Values and Estimated Fair Values of Debt, Based on Level 2 Measurements
The following table summarizes the carrying values and estimated fair values of the Company’s debt, based on Level 2 measurements (in millions):
September 27, 2025March 29, 2025
Carrying
Value		Estimated
Fair Value 		Carrying
Value		Estimated
Fair Value
Revolving Credit Facilities$1,024 $1,024 $755 $755 
2025 Term Loans$724 $725 $706 $699 
Schedule of Carrying Values and Fair Values of Assets Impaired The following table details the carrying values and fair values of the Company’s assets that have been impaired during the three and six months ended September 27, 2025 and the three and six months ended September 28, 2024 (in millions):
Three and Six Months Ended
September 27, 2025		Three and Six Months Ended
September 28, 2024
Carrying Value Prior to ImpairmentFair ValueImpairment ChargeCarrying Value Prior to ImpairmentFair Value
Impairment Charge
Operating lease right-of-use assets$43 $27 $16 

$42 $24 $18 
Property and equipment, net8 3 5 3 1 2 
Total$51 $30 $21 $45 $25 $20