Stockholders' Equity (Tables)

3 Months Ended

Jul. 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
	July 1, 2016		July 3, 2015
	(Dollars in millions, except per share data)
Dividends declared and paid	$	46	$	103
Dividend equivalent rights paid	22		4
Total dividends and dividend equivalents paid	$	68	$	107
Dividends declared per common share	$	0.075	$	0.15

Schedule of Stock Repurchases

The following table summarizes our stock repurchases, which were all open market transactions, for the periods presented. The remaining authorization amount includes the impact of shares purchased under our ASR agreements.

	Three Months Ended
	July 1, 2016		July 3, 2015
	(In millions, except per share data)
Total number of shares repurchased	—		4
Dollar amount of shares repurchased	$	—	$	90
Average price paid per share	$	—	$	24.39
Remaining authorization at end of period	$	790	$	1,068

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 1, 2016	$	15		$	7		$	22
Other comprehensive loss before reclassifications	(24		)	(1		)	(25		)
Balance as of July 1, 2016	$	(9	)	$	6		$	(3	)