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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Dec. 27, 2025
Dec. 28, 2024
Cash flows from operating activities    
Net income (loss) $ 141,000,000 $ (535,000,000)
Net income (loss) from discontinued operations, net of tax 62,000,000 (588,000,000)
Net income from continuing operations 79,000,000 53,000,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 90,000,000 99,000,000
Share-based compensation expense 28,000,000 42,000,000
Deferred income taxes (17,000,000) (1,000,000)
Impairment of assets 21,000,000 101,000,000
Changes to lease related balances, net (51,000,000) (97,000,000)
Foreign currency gain 2,000,000 4,000,000
Other non-cash adjustments 26,000,000 4,000,000
Change in assets and liabilities:    
Receivables, net 23,000,000 83,000,000
Inventories, net 56,000,000 (57,000,000)
Prepaid expenses and other current assets (53,000,000) 1,000,000
Accounts payable (42,000,000) 171,000,000
Accrued expenses and other current liabilities 96,000,000 50,000,000
Other long-term assets and liabilities 0 (12,000,000)
Net cash provided by operating activities of continuing operations 258,000,000 441,000,000
Net cash (used in) provided by operating activities of discontinued operations (116,000,000) 1,000,000
Net cash provided by operating activities 142,000,000 442,000,000
Cash flows from investing activities    
Capital expenditures (45,000,000) (58,000,000)
Cash paid for business acquisitions, net of cash acquired 0 (9,000,000)
Settlement of net investment hedges 0 42,000,000
Net cash used in investing activities of continuing operations (45,000,000) (25,000,000)
Net cash provided by (used in) investing activities of discontinued operations 1,282,000,000 (43,000,000)
Net cash provided by (used in) investing activities 1,237,000,000 (68,000,000)
Cash flows from financing activities    
Debt borrowings 1,680,000,000 1,849,000,000
Debt repayments (3,022,000,000) (2,055,000,000)
Debt issuance costs 0 (2,000,000)
Repurchase of ordinary shares (2,000,000) (4,000,000)
Net cash used in financing activities of continuing operations (1,344,000,000) (212,000,000)
Net cash used in financing activities of discontinued operations 0 0
Net cash used in financing activities (1,344,000,000) (212,000,000)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (46,000,000) (2,000,000)
Net (decrease) increase in cash, cash equivalents and restricted cash (11,000,000) 160,000,000
Beginning of period 175,000,000 205,000,000
End of period 164,000,000 365,000,000
Supplemental disclosures of cash flow information    
Cash paid for interest 45,000,000 64,000,000
Net cash paid for income taxes 91,000,000 75,000,000
Supplemental disclosure of non-cash investing and financing activities    
Accrued capital expenditures 9,000,000 11,000,000
Summary of cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash of continuing operations, end of period 164,000,000 305,000,000
Cash, cash equivalents and restricted cash of discontinued operations, end of period 0 60,000,000
Cash, cash equivalents and restricted cash, end of period $ 164,000,000 $ 365,000,000