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Stockholders' Equity
3 Months Ended
Jul. 05, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders' Equity
Dividends
On August 8, 2019, we announced a cash dividend of $0.075 per share of common stock to be paid in September 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
During the three months ended July 5, 2019, we executed and settled repurchases of 25 million shares for $541 million in the open market at an average price of $21.85 per share. In addition, repurchases of 1 million shares executed during fiscal 2019 settled during the three months ended July 5, 2019. As of July 5, 2019, we had $507 million remaining under the authorization to be completed in future periods with no expiration date.
Accumulated other comprehensive loss
Components of Accumulated other comprehensive 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 29, 2019
$
(5
)
 
$
(1
)
 
$
(1
)
 
$
(7
)
Other comprehensive income (loss) before reclassifications
(7
)
 
1

 
1

 
(5
)
Balance as of July 5, 2019
$
(12
)
 
$

 
$

 
$
(12
)