Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Jul. 02, 2021

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 2, 2021						April 2, 2021
(In millions)	Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets:
Money market funds	$	529	$	529	$	—	$	284	$	284	$	—
Certificates of deposit	1		—		1		1		—		1
Corporate bonds	14		—		14		17		—		17
Total	$	544	$	529	$	15	$	302	$	284	$	18

Schedule of Contractual Maturity of Investments in Debt Securities

The following table presents the contractual maturities of our investments in debt securities as of July 2, 2021:

(In millions)	Fair Value
Due in one year or less	$	15
Total	$	15