XML 34 R17.htm IDEA: XBRL DOCUMENT v3.22.2.2
Leases
 6 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Leases Leases
We lease certain of our facilities, equipment and data center co-locations under operating leases that expire on various dates through fiscal 2028. Our leases generally have terms that range from 1 year to 8 years for our facilities, 1 year to 3 years for equipment and 1 year to 5 years for data center co-locations. Some of our leases contain renewal options, escalation clauses, rent concessions and leasehold improvement incentives.
The following summarizes our lease costs:
Three Months EndedSix Months Ended
(In millions)September 30, 2022October 1, 2021September 30, 2022October 1, 2021
Operating lease costs$3 $4 $7 $8 
Short-term lease costs— 1 1 2 
Variable lease costs2 2 3 3 
Total lease costs$5 $7 $11 $13 
Other information related to our operating leases was as follows:
Three Months Ended
September 30, 2022October 1, 2021
Weighted-average remaining lease term3.2 years4.9 years
Weighted-average discount rate4.37 %4.05 %
See Note 7 for cash flow information related to our operating leases.
As of September 30, 2022, the maturities of our lease liabilities by fiscal year are as follows:
(In millions)
Remainder of 2023$13 
202425 
202516 
20268 
20276 
Thereafter1 
Total lease payments69 
Less: Imputed interest(4)
Present value of lease liabilities$65