Stockholders' Equity

9 Months Ended

Dec. 28, 2018

Stockholders' Equity Note [Abstract]

Dividends

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



	Three Months Ended				Nine Months Ended
(In millions, except per share data)	December 28, 2018		December 29, 2017		December 28, 2018		December 29, 2017
Dividends declared and paid	$	48	$	47	$	143	$	139
Dividend equivalents paid	11		2		26		24
Total dividends and dividend equivalents paid	$	59	$	49	$	169	$	163

On January 31, 2019, we announced a cash dividend of $0.075 per share of common stock to be paid in March 2019. 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

As of December 28, 2018, we had a remaining balance of our stock repurchase program of $800 million. In January 2019, our Board of Directors increased their authorization by $500 million, resulting in an aggregate authorization of $1.3 billion with no fixed 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 income (loss) before reclassifications	(21		)	1			2		(18		)
Balance as of December 28, 2018	$	(13	)	$	(3	)	$	2	$	(14	)