Stockholders' Equity (Tables)

12 Months Ended

Mar. 31, 2017

Equity [Abstract]

Schedule of Dividends Declared and Paid

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

	Year Ended
(In millions, except per share data)	March 31, 2017		April 1, 2016		April 3, 2015
Dividends declared and paid	$	186	$	3,020	$	408
Dividend equivalents paid	36		10		5
Total dividends and dividend equivalents paid	$	222	$	3,030	$	413
Cash dividends declared per common share	$	0.30	$	4.60	$	0.60

Schedule of Common Stock Outstanding Roll Forward

Shares of our common stock outstanding were as follows:

	Year Ended
(In millions)	March 31, 2017		April 1, 2016		April 3, 2015
Balance, beginning of year	612		684		695
Common stock issued under employee stock plans	14		12		10
Direct stock purchase	3		—		—
Repurchases of common stock	(21	)	(84	)	(21	)
Balance, end of year	608		612		684

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 ASR agreements (except for the remaining authorization amount):

	Year Ended
(In millions, except per share data)	March 31, 2017		April 1, 2016		April 3, 2015
Total number of shares repurchased	—		17		21
Dollar amount of shares repurchased	$	—	$	368	$	500
Average price paid per share	$	—	$	21.69	$	23.73
Remaining authorization at end of period	$	800	$	790	$	1,158

Schedule of Accumulated Other Comprehensive Income

accumulated other comprehensive income (“AOCI”) by component, on a net of tax basis, were as follows:

(In millions)	Foreign Currency Translation Adjustments			Unrealized Gain On Available-For-Sale Securities			Total AOCI
Balance as of April 1, 2016	$	15		$	7		$	22
Other comprehensive loss before reclassifications	(8		)	(2		)	(10		)
Balance as of March 31, 2017	$	7		$	5		$	12