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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 05, 2019
Mar. 29, 2019
[1]
Current assets:    
Cash and cash equivalents $ 1,532 $ 1,791
Short-term investments 162 252
Accounts receivable, net 438 708
Other current assets 429 435
Total current assets 2,561 3,186
Property and equipment, net 784 790
Operating lease assets 183  
Intangible assets, net 2,137 2,250
Goodwill 8,449 8,450
Other long-term assets 1,255 1,262
Total assets 15,369 15,938
Current liabilities:    
Accounts payable 135 165
Accrued compensation and benefits 198 257
Current portion of long-term debt 494 491
Contract liabilities 2,211 2,320
Current operating lease liabilities 45  
Other current liabilities 525 533
Total current liabilities 3,608 3,766
Long-term debt 3,964 3,961
Long-term contract liabilities 688 736
Deferred income tax liabilities 548 577
Long-term income taxes payable 1,078 1,076
Long-term operating lease liabilities 163  
Other long-term liabilities 70 84
Total liabilities 10,119 10,200
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $0.01 par value: 1 shares authorized; 0 shares issued and outstanding 0 0
Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 617 and 630 shares issued and outstanding as of July 5, 2019 and March 29, 2019, respectively 4,701 4,812
Accumulated other comprehensive loss (12) (7)
Retained earnings 561 933
Total stockholders’ equity 5,250 5,738
Total liabilities and stockholders’ equity $ 15,369 $ 15,938
[1]
Derived from audited financial statements.