Revenues

6 Months Ended

Oct. 04, 2019

Revenue from Contract with Customer [Abstract]

Timing of revenue recognition

The following table provides our revenue disaggregated by the timing of recognition:



	Three Months Ended				Six Months Ended
(In millions)	October 4, 2019		September 28, 2018		October 4, 2019		September 28, 2018
Products and services transferred at a point in time	$	12	$	12	$	25	$	24
Products and services transferred over time	$	596	$	600	$	1,233	$	1,200

Contract liabilities

The amount of revenue recognized during the three and six months ended October 4, 2019 that was included within the contract liabilities balance at July 5, 2019 and March 29, 2019 was $427 million and $767 million, respectively. The amount of revenue recognized during the three and six months ended September 28, 2018 that was included within the contract liabilities balance at June 29, 2018 and March 31, 2018 was $443 million and $766 million, respectively.

Contract acquisition costs

We recognized amortization expense of capitalized contract acquisition costs of $1 million and $3 million during the three and six months ended October 4, 2019, respectively, and $1 million and $2 million during the three and six months ended September 28, 2018, respectively. There were no impairment losses recognized during the periods.

Remaining performance obligations

Remaining performance obligations represent contracted revenue that has not been recognized, which include contract liabilities and amounts that will be billed and recognized as revenue in future periods. As of October 4, 2019, we had $626 million of remaining performance obligations, which does not include customer deposit liabilities of $390 million, of which we expect to recognize approximately 96% as revenue over the next twelve months.