Stockholders' Equity

6 Months Ended

Sep. 30, 2016

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Dividends

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

	Three Months Ended				Six Months Ended
	September 30, 2016		October 2, 2015		September 30, 2016		October 2, 2015
	(In millions, except per share data)
Dividends declared and paid	$	47	$	102	$	93	$	205
Dividend equivalents paid	5		1		27		5
Total dividends and dividend equivalents paid	$	52	$	103	$	120	$	210
Cash dividends declared per common share	$	0.075	$	0.15	$	0.15	$	0.30

Our RSUs and performance-based restricted stock units ("PSUs") are entitled to dividend equivalents to be paid in the form of cash upon vesting for each share of the underlying unit.

On November 3, 2016, we declared a cash dividend of $0.075 per share of common stock to be paid on December 14, 2016, to all stockholders of record as of the close of business on November 21, 2016. All shares of common stock issued and outstanding, and unvested restricted stock and performance-based stock, as of the record date will be entitled to the dividend and dividend equivalents, respectively. Any future dividends and dividend equivalents will be subject to the approval of our Board.

Changes in accumulated other comprehensive income (loss) by component

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

	Foreign Currency Translation Adjustments			Unrealized Gain on Available-For-Sale Securities			Total
	(In millions)
Balance as of April 1, 2016	$	15		$	7		$	22
Other comprehensive loss before reclassifications	(22		)	(1		)	(23		)
Balance as of September 30, 2016	$	(7	)	$	6		$	(1	)