Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Jul. 03, 2020

Fair Value Disclosures [Abstract]

Schedule of the Carrying Value of Assets Measured at Fair Value on a Recurring Basis

The following table summarizes our financial instruments measured at fair value on a recurring basis:

	July 3, 2020						April 3, 2020
(In millions)	Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets:
Money market funds	$	573	$	573	$	—	$	1,346	$	1,346	$	—
Corporate bonds	58		—		58		86		—		86
Total	$	631	$	573	$	58	$	1,432	$	1,346	$	86

Contractual Maturity of Investments in Debt Securities

The following table presents the contractual maturities of our investments in debt securities as of July 3, 2020:

(In millions)	Fair Value
Due in one year or less	$	35
Due after one year through five years	23
Total	$	58