XML 23 R5.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Apr. 01, 2022
Income Statement [Abstract]      
Net revenues $ 3,812 $ 3,338 $ 2,796
Cost of revenues 731 589 408
Gross profit 3,081 2,749 2,388
Operating expenses:      
Sales and marketing 733 682 622
Research and development 332 313 253
General and administrative 604 286 392
Amortization of intangible assets 233 172 85
Restructuring and other costs 57 69 31
Total operating expenses 1,959 1,522 1,383
Operating income (loss) 1,122 1,227 1,005
Interest expense (669) (401) (126)
Other income (expense), net 6 (22) 163
Income (loss) before income taxes 459 804 1,042
Income tax expense (benefit) (157) (545) 206
Net income (loss) $ 616 $ 1,349 $ 836
Net income (loss) per share - basic (in dollars per share) $ 0.97 $ 2.20 $ 1.44
Net income (loss) per share - diluted (in dollars per share) $ 0.96 $ 2.16 $ 1.41
Weighted-average shares outstanding:      
Basic (in shares) 637 614 581
Diluted (in shares) 642 624 591