Derivatives (Tables)

12 Months Ended

Mar. 29, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table summarizes our outstanding derivative instruments as of March 29, 2024 and March 31, 2023:

	Notional Amount				Fair Value of Derivative Assets				Fair Value of Derivative Liabilities
(In millions)	March 29, 2024		March 31, 2023		March 29, 2024		March 31, 2023		March 29, 2024		March 31, 2023
Foreign exchange contracts not designated as hedging instrument (1)	$	345	$	291	$	—	$	—	$	—	$	—
Interest rate swap contract designed as cash flow hedge	1,000		1,000		16		1		—		2
Total	$	1,345	$	1,291	$	16	$	1	$	—	$	2

(1)    The fair values of the foreign exchange contracts are less than $1 million as of March 29, 2024 and March 31, 2023.

Schedule of Effect of Cash Flow Hedges on AOCI

The following table summarizes the effect of our cash flow hedges on AOCI during the periods indicated:

	Year Ended
(In millions)	March 29, 2024		March 31, 2023
Interest rate swap contracts designated as cash flow hedge	$	(32)	$	—

Schedule of Derivative Instruments, Gain (Loss)

The related gain (loss) recognized in our Consolidated Statements of Operations was as follows:

	Year Ended						Consolidated Statements of Operations Classification
(In millions)	March 29, 2024		March 31, 2023		April 1, 2022
Foreign exchange contracts not designated as hedging instrument	$	(7)	$	(7)	$	(7)	Other income (expense), net
Interest rate swap contracts designated as cash flow hedge	16		—		—		Interest expense
Total	$	9	$	(7)	$	(7)