Acquisitions and Divestitures (Tables)

12 Months Ended

Mar. 29, 2019

Website Security and Public Key Infrastructure Businesses

Business Acquisition [Line Items]

Divestiture

The following table presents the gain before income taxes associated with the divestiture:

(In millions)
Gain on sale of short-term investment	$	7
Gain on sale of other assets and liabilities	646
Total gain on divestiture	$	653

As of the transaction close date, the carrying amounts of the major classes of assets and liabilities associated with the divestiture of our WSS and PKI solutions were as follows:

(In millions)
Assets:
Cash and cash equivalents	$	2
Accounts receivable, net	34
Goodwill and intangible assets, net	670
Other assets	40
Total assets	746
Liabilities:
Deferred revenue	285
Other liabilities	11
Total liabilities	$	296

The following table presents the income before income taxes for our WSS and PKI solutions for the periods indicated:

	Year Ended
(In millions)	March 30, 2018		March 31, 2017
Income before income taxes	$	66	$	206

Luminate Security

Business Acquisition [Line Items]

Schedule of Preliminary Fair Values of the Assets Acquired and Liabilities Assumed

Our preliminary allocation of the aggregate purchase price for the acquisition as of February 11, 2019, was as follows:

(In millions, except useful lives)	Fair Value			Weighted-Average Estimated Useful Life
Developed technology	$	30		3.0 years
Customer relationships	3			5.0 years
Goodwill	112
Other liabilities	(6		)
Total purchase price	$	139

Fireglass, Ltd. and Skycure, Ltd.

Business Acquisition [Line Items]

Schedule of Preliminary Fair Values of the Assets Acquired and Liabilities Assumed

Our allocation of the aggregate purchase price for these two acquisitions as of July 24, 2017, was as follows:

(In millions, except useful lives)	Fair Value			Weighted-Average Estimated Useful Life
Developed technology	$	123		5.5 years
Customer relationships	11			7.0 years
Goodwill	247
Deferred income tax liabilities	(35		)
Other liabilities	(1		)
Total purchase price	$	345

Blue Coat and LifeLock

Business Acquisition [Line Items]

Schedule of Preliminary Fair Values of the Assets Acquired and Liabilities Assumed

The total consideration for the acquisitions, net of cash acquired, consisted of the following:

(In millions)	Blue Coat			LifeLock			Total
Goodwill	$	4,084		$	1,397		$	5,481
Intangible assets	1,608			1,247			2,855
Net liabilities assumed	(1,019		)	(361		)	(1,380		)
Total purchase price	$	4,673		$	2,283		$	6,956