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Acquisitions
 3 Months Ended
Jul. 02, 2021
Business Combination and Asset Acquisition [Abstract]  
Acquisitions Acquisitions
Fiscal 2021 acquisition
On January 8, 2021, we completed our acquisition of Avira. Avira provides a consumer-focused portfolio of cybersecurity and privacy solutions primarily in Europe and key emerging markets. The total aggregate consideration for the acquisition was $344 million, net of $32 million cash acquired.
Our current allocation of the aggregate purchase price for the acquisition as of January 8, 2021, is as follows:
(In millions, except useful lives)January 8, 2021
Assets:
Current assets$12 
Intangible assets162 
Goodwill264 
Other long-term asset21 
Total assets acquired459 
Liabilities:
Current liabilities29 
Contract liabilities54 
Other long-term obligations32 
Total liabilities assumed115 
Total purchase price$344 
The allocation of the purchase price above was based upon a preliminary valuation performed during the fourth quarter of fiscal 2021 and reflects adjustments made during the three months ended July 2, 2021. Our estimates and assumptions are subject to refinement within the measurement period, which may be up to one year from the acquisition date. Adjustments to the purchase price may require adjustments to goodwill prospectively. The primary area of preliminary purchase price allocation that is not yet finalized relates to certain tax matters.