Financial Instruments and Fair Value Measurements (Tables)

6 Months Ended

Oct. 02, 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:

	October 2, 2020						April 3, 2020
(In millions)	Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets:
Money market funds	$	414	$	414	$	—	$	1,346	$	1,346	$	—
Corporate bonds	40		—		40		86		—		86
Total	$	454	$	414	$	40	$	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 October 2, 2020:

(In millions)	Fair Value
Due in one year or less	$	19
Due after one year through five years	21
Total	$	40