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Debt (Tables)
9 Months Ended
Dec. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Components of Debt
The following table summarizes components of our debt:
 
December 30, 2016
 
April 1, 2016
 
Amount
 
Effective
Interest Rate
 
Amount
 
Effective
Interest Rate
 
(In millions, except percentages)
2.75% Senior Notes due June 15, 2017
$
600

 
2.79
%
 
$
600

 
2.79
%
Senior Term Loan A-1 due May 10, 2019
1,000

 
LIBOR plus (1)

 

 
%
Senior Term Loan A-2 due August 1, 2019
800

 
LIBOR plus (1)

 

 
%
Senior Term Loan A-3 due August 1, 2019
200

 
LIBOR plus (1)

 

 
%
4.2% Senior Notes due September 15, 2020
750

 
4.25
%
 
750

 
4.25
%
2.5% Convertible Senior Notes due April 1, 2021
500

 
3.76
%
 
500

 
3.76
%
Senior Term Loan A-5 due August 1, 2021
1,755

 
LIBOR plus (1)

 

 
%
2.0% Convertible Senior Notes due August 15, 2021
1,250

 
2.66
%
 

 
%
3.95% Senior Notes due June 15, 2022
400

 
4.05
%
 
400

 
4.05
%
Total principal amount
7,255

 
 
 
2,250

 
 
Less: Unamortized discount and issuance costs
(117
)
 
 
 
(43
)
 
 
Total debt
7,138

 
 
 
2,207

 
 
Less: Current portion
(780
)
 
 
 

 
 
Total long-term debt
$
6,358

 
 
 
$
2,207

 
 
 
(1)
The senior term facilities bear interest at a rate equal to the London Interbank Offered Rate (“LIBOR”) plus a margin based on the debt rating of our non-credit-enhanced, senior unsecured long-term debt.
Schedule of Maturities of Long-term Debt
The future maturities of debt by fiscal year are as follows as of December 30, 2016:
 
 
December 30, 2016
 
 
(In millions)
Remainder of 2017
 
$
45

2018
 
780

2019
 
180

2020
 
2,180

2021
 
1,430

Thereafter
 
2,640

Total future maturities of debt
$
7,255