Debt (Tables)

3 Months Ended

Jul. 01, 2016

Debt Disclosure [Abstract]

Schedule of Components of Debt

The following table summarizes components of our debt:

	July 1, 2016					April 1, 2016
	Amount			Effective Interest Rate		Amount			Effective Interest Rate
	(Dollars in millions)
2.75% Senior Notes due June 15, 2017	$	600		2.79	%	$	600		2.79	%
Senior Term Facility due May 10, 2019	1,000			LIBOR plus (1)		—			—	%
4.20% Senior Notes due September 15, 2020	750			4.25	%	750			4.25	%
2.50% Convertible Senior Notes due April 1, 2021	500			3.76	%	500			3.76	%
3.95% Senior Notes due June 15, 2022	400			4.05	%	400			4.05	%
Total principal amount	3,250					2,250
Less: Unamortized discount and issuance costs	(46		)			(43		)
Total debt	3,204					2,207
Less: Current portion, net of issuance costs	(599		)			—
Total long-term debt	$	2,605				$	2,207

⁽¹⁾ See revolving credit facility below for details related to the interest on borrowings.