XML 22 R8.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Mar. 29, 2019
Mar. 30, 2018
Mar. 31, 2017
OPERATING ACTIVITIES:      
Net income (loss) $ 31 $ 1,138 $ (106)
Income from discontinued operations, net of income taxes (15) (11) (130)
Adjustments:      
Amortization and depreciation 615 640 492
Impairments of long-lived assets 10 81 49
Stock-based compensation expense 352 610 440
Loss from equity interest 101 26 0
Deferred income taxes (70) (1,848) (168)
Gain on divestiture 0 (653) 0
Other (14) 45 32
Changes in operating assets and liabilities, net of acquisitions and divestiture:      
Accounts receivable, net 113 (170) 45
Accounts payable 6 (4) (67)
Accrued compensation and benefits 2 (33) 20
Contract liabilities 215 541 125
Income taxes payable 67 880 (871)
Other assets (32) (199) 84
Other liabilities 114 (86) (90)
Net cash provided by (used in) continuing operating activities 1,495 957 (145)
Net cash used in discontinued operating activities 0 (7) (64)
Net cash provided by (used in) operating activities 1,495 950 (209)
INVESTING ACTIVITIES:      
Purchases of property and equipment (207) (142) (70)
Payments for acquisitions, net of cash acquired (180) (401) (6,736)
Proceeds from divestiture, net of cash contributed and transaction costs 0 933 7
Purchases of short-term investments 0 (436) 0
Proceeds from maturities and sales of short-term investments 139 49 31
Proceeds from sale of property 26 0 0
Other (19) (24) 2
Net cash used in investing activities (241) (21) (6,766)
FINANCING ACTIVITIES:      
Repayments of debt (600) (3,210) (90)
Proceeds from issuance of debt, net of issuance costs 0 0 6,069
Net proceeds from sales of common stock under employee stock incentive plans 19 121 95
Tax payments related to restricted stock units (173) (107) (65)
Dividends and dividend equivalents paid (217) (211) (222)
Repurchases of common stock (234) 0 (500)
Payment for dissenting LifeLock shareholder settlement 0 (68) 0
Other (4) 0 (7)
Net cash provided by (used in) financing activities (1,209) (3,475) 5,280
Effect of exchange rate fluctuations on cash and cash equivalents (28) 73 (41)
Change in cash and cash equivalents 17 (2,473) (1,736)
Beginning cash and cash equivalents 1,774 4,247 5,983
Ending cash and cash equivalents $ 1,791 $ 1,774 $ 4,247