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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Dec. 29, 2023
Dec. 30, 2022
OPERATING ACTIVITIES:    
Net income (loss) $ 482 $ 434
Adjustments:    
Amortization and depreciation 374 203
Impairments and write-offs of current and long-lived assets (1) (5)
Stock-based compensation expense 107 95
Deferred income taxes (970) (50)
Loss (gain) on extinguishment of debt 0 9
Gain on sale of property (9) 0
Non-cash operating lease expense 15 17
Other 25 (15)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net 7 8
Accounts payable (18) (10)
Accrued compensation and benefits (38) 0
Contract liabilities (40) (62)
Income taxes payable 341 (125)
Other assets (42) 38
Other liabilities 433 (104)
Net cash provided by (used in) operating activities 666 433
INVESTING ACTIVITIES:    
Purchases of property and equipment (17) (5)
Payments for acquisitions, net of cash acquired 0 (6,547)
Proceeds from the maturities and sales of short-term investments 0 4
Proceeds from the sale of property 25 0
Other (4) 2
Net cash provided by (used in) investing activities 4 (6,546)
FINANCING ACTIVITIES:    
Repayments of debt (525) (2,738)
Proceeds from issuance of debt, net of issuance costs 0 8,954
Net proceeds from sales of common stock under employee stock incentive plans 6 6
Tax payments related to vesting of stock units (25) (20)
Dividends and dividend equivalents paid (245) (234)
Repurchases of common stock (141) (904)
Net cash provided by (used in) financing activities (930) 5,064
Effect of exchange rate fluctuations on cash and cash equivalents 0 (26)
Change in cash and cash equivalents (260) (1,075)
Beginning cash and cash equivalents 750 1,887
Ending cash and cash equivalents $ 490 $ 812