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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
[1]
Common Stock and Additional Paid-In Capital
Common Stock and Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
[1]
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
[1]
Beginning balance (in shares) at Apr. 01, 2022     582,000,000        
Beginning balance at Apr. 01, 2022 $ (93) $ (1) $ 1,851 $ (7) $ (4) $ (1,940) $ 6
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 200         200  
Other comprehensive income (loss), net of taxes (40)       (40)    
Common stock issued under employee stock incentive plans (in shares)     2,000,000        
Shares withheld for taxes related to vesting of restricted stock units (in shares)     (1,000,000)        
Shares withheld for taxes related to vesting of stock units $ (16)   $ (16)        
Repurchases of common stock (in shares) (12,000,000)   (12,000,000)        
Repurchases of common stock $ (300)   $ (300)        
Cash dividends declared and dividend equivalents accrued (73)   (73)        
Stock-based compensation 24   $ 24        
Ending balance (in shares) at Jul. 01, 2022     571,000,000        
Ending balance at Jul. 01, 2022 $ (299)   $ 1,479   (44) (1,734)  
Beginning balance (in shares) at Mar. 31, 2023 640,000,000   640,000,000        
Beginning balance at Mar. 31, 2023 $ 2,200   $ 2,800   (15) (585)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 189         189  
Other comprehensive income (loss), net of taxes 51       51    
Common stock issued under employee stock incentive plans (in shares)     3,000,000        
Shares withheld for taxes related to vesting of restricted stock units (in shares)     (1,000,000)        
Shares withheld for taxes related to vesting of stock units $ (18)   $ (18)        
Repurchases of common stock (in shares) (3,000,000)   (3,000,000)        
Repurchases of common stock $ (41)   $ (41)        
Cash dividends declared and dividend equivalents accrued (81)   (81)        
Stock-based compensation $ 37   $ 37        
Ending balance (in shares) at Jun. 30, 2023 639,000,000   639,000,000        
Ending balance at Jun. 30, 2023 $ 2,337   $ 2,697   $ 36 $ (396)  
[1] Effective on April 2, 2022, the Company adopted ASU 2020-06 (Debt with Conversion and Other Options, ASC 470-20) using a modified retrospective method.