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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Sep. 27, 2024
Sep. 29, 2023
OPERATING ACTIVITIES:    
Net income (loss) $ 342 $ 334
Adjustments:    
Amortization and depreciation 211 250
Impairments and write-offs of current and long-lived assets 3 0
Stock-based compensation expense 64 72
Deferred income taxes (37) (976)
Gain on sale of property 0 (4)
Non-cash operating lease expense 7 11
Other 8 17
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net 2 16
Accounts payable 29 (15)
Accrued compensation and benefits (5) (41)
Contract liabilities (71) (93)
Income taxes payable (169) 417
Other assets 64 (23)
Other liabilities (26) 386
Net cash provided by (used in) operating activities 422 351
INVESTING ACTIVITIES:    
Purchases of property and equipment (4) (9)
Purchase of non-marketable equity investments (4) 0
Proceeds from the sale of property 0 13
Other (2) (1)
Net cash provided by (used in) investing activities (10) 3
FINANCING ACTIVITIES:    
Repayments of debt (88) (266)
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 (159) (164)
Repurchases of common stock (272) (41)
Net cash provided by (used in) financing activities (538) (485)
Effect of exchange rate fluctuations on cash and cash equivalents 17 10
Change in cash and cash equivalents (109) (121)
Beginning cash and cash equivalents 846 750
Ending cash and cash equivalents $ 737 $ 629