Stockholders' Equity

6 Months Ended

Sep. 28, 2018

Stockholders' Equity Note [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
(In millions, except per share data)	September 28, 2018		September 29, 2017		September 28, 2018		September 29, 2017
Dividends declared and paid	$	48	$	46	$	95	$	92
Dividend equivalents paid	2		2		15		22
Total dividends and dividend equivalents paid	$	50	$	48	$	110	$	114

On November 1, 2018, we announced a cash dividend of $0.075 per share of common stock to be paid in December 2018. All shares of common stock issued and outstanding and all restricted stock units (“RSUs”) and performance-based restricted stock units (“PRUs”) 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 of Directors.

Stock Repurchase Program

Under our current stock repurchase program, we may purchase shares of our outstanding common stock through open market and accelerated stock repurchase transactions. As of September 28, 2018, the remaining balance of our stock repurchase authorization was $800 million and does not have an expiration date.

Accumulated other comprehensive income (loss)

Components of Accumulated other comprehensive income (loss), net of taxes, were as follows:

(In millions)	Foreign Currency Translation Adjustments			Unrealized Loss on Available-For-Sale Securities			Equity Method Investee		Total
Balance as of March 30, 2018	$	8		$	(4	)	$	—	$	4
Other comprehensive loss before reclassifications	(23		)	—			2		(21		)
Balance as of September 28, 2018	$	(15	)	$	(4	)	$	2	$	(17	)