Stockholders' Equity (Tables)

9 Months Ended

Jan. 01, 2016

Equity [Abstract]

Summary of Dividends Declared and Paid

The following table summarizes dividends declared and paid for the periods presented:

	Three Months Ended				Nine Months Ended
	January 1, 2016		January 2, 2015		January 1, 2016		January 2, 2015
	(Dollars in millions, except per share data)
Dividends declared and paid	$	98	$	104	$	303	$	311
Cash dividends declared per common share	$	0.15	$	0.15	$	0.45	$	0.45

Schedule of Stock Repurchases

The following table summarizes our stock repurchases on open market transactions for the periods presented and excludes the impact of shares purchased under our accelerated stock repurchase agreement (except for the remaining authorization amount):

	Three Months Ended January 1, 2016		Nine Months Ended January 1, 2016
	(In millions, except per share data)
Total number of shares repurchased	5.7		17.0
Dollar amount of shares repurchased	$	118	$	368
Average price paid per share	$	20.68	$	21.69
Remaining authorization at end of period	$	1,790	$	1,790

Schedule of Accumulated Other Comprehensive Income

Components of accumulated other comprehensive income, on a net of tax basis, were as follows:

	Foreign Currency Translation Adjustments			Unrealized Gain On Available-For-Sale Securities		Total
	(Dollars in millions)
Balance as of April 3, 2015	$	101		$	3	$	104
Other comprehensive income before reclassifications	(33		)	3		(30		)
Loss reclassified from accumulated other comprehensive income	1			—		1
Balance as of January 1, 2016	$	69		$	6	$	75