Supplementary Information

3 Months Ended

Jul. 02, 2021

Supplementary Information [Abstract]

Supplementary Information

Supplementary Information

Cash and cash equivalents:

(In millions)	July 2, 2021		April 2, 2021
Cash	$	702	$	650
Cash equivalents	528		283
Total cash and cash equivalents	$	1,230	$	933

Accounts receivable, net:

(In millions)	July 2, 2021		April 2, 2021
Accounts receivable	$	106	$	118
Allowance for doubtful accounts	(1)		(1)
Total accounts receivable, net	$	105	$	117

Other current assets:

(In millions)	July 2, 2021		April 2, 2021
Prepaid expenses	$	99	$	95
Income tax receivable and prepaid income taxes	64		96
Other tax receivable	19		31
Other	16		15
Total other current assets	$	198	$	237

Property and equipment, net:

(In millions)	July 2, 2021		April 2, 2021
Land	$	3	$	3
Computer hardware and software	481		479
Office furniture and equipment	52		63
Buildings	29		29
Leasehold improvements	59		58
Construction in progress	1		1
Total property and equipment, gross	625		633
Accumulated depreciation and amortization	(554)		(555)
Total property and equipment, net	$	71	$	78

Other long-term assets:

(In millions)	July 2, 2021		April 2, 2021
Non-marketable equity investments	$	185	$	185
Long-term income tax receivable and prepaid income taxes	30		30
Deferred income tax assets	348		355
Long-term prepaid royalty	66		70
Other	49		46
Total other long-term assets	$	678	$	686

Short-term contract liabilities:

(In millions)	July 2, 2021		April 2, 2021
Deferred revenue	$	826	$	795
Customer deposit liabilities	350		415
Total short-term contract liabilities	$	1,176	$	1,210

Other current liabilities:

(In millions)	July 2, 2021		April 2, 2021
Income taxes payable	$	140	$	111
Other taxes payable	74		82
Accrued legal fees	69		66
Accrued royalties	45		46
Other	113		123
Total other current liabilities	$	441	$	428

Long-term income taxes payable:

(In millions)	July 2, 2021		April 2, 2021
Deemed repatriation tax payable	$	511	$	525
Other long-term income taxes	29		29
Uncertain tax positions (including interest and penalties)	563		565
Total long-term income taxes payable	$	1,103	$	1,119

Other income (expense), net:

	Three Months Ended
(In millions)	July 2, 2021		July 3, 2020
Interest income	$	—	$	2
Foreign exchange gain	1		1
Gain (loss) on early extinguishment of debt	(5)		20
Transition service expense, net	—		(8)
Other	1		4
Other income (expense), net	$	(3)	$	19

Supplemental cash flow information:

	Three Months Ended
(In millions)	July 2, 2021		July 3, 2020
Income taxes paid, net of refunds	$	14	$	2
Interest expense paid	$	44	$	45
Cash paid for amounts included in the measurement of operating lease liabilities	$	8	$	9
Non-cash operating activities:
Operating lease assets obtained in exchange for operating lease liabilities	$	—	$	2
Reduction of operating lease assets as a result of lease terminations and modifications	$	—	$	23
Non-cash investing and financing activities:
Extinguishment of debt with borrowings from same creditors	$	494	$	—