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Supplementary Information
9 Months Ended
Dec. 27, 2024
Supplementary Information [Abstract]  
Supplementary Information Supplementary Information
Cash and cash equivalents:
(In millions)December 27, 2024March 29, 2024
Cash$432 $408 
Cash equivalents451 438 
Total cash and cash equivalents$883 $846 
Accounts receivable, net:
(In millions)December 27, 2024March 29, 2024
Accounts receivable$196 $165 
Allowance for doubtful accounts(44)(2)
Total accounts receivable, net$152 $163 
Other current assets:
(In millions)December 27, 2024March 29, 2024
Prepaid expenses$131 $142 
Income tax receivable and prepaid income taxes101 174 
Other tax receivable12 
Other18 17 
Total other current assets$262 $334 
Property and equipment, net:
(In millions)December 27, 2024March 29, 2024
Land$12 $13 
Computer hardware and software359 491 
Office furniture and equipment16 16 
Buildings15 28 
Leasehold improvements37 35 
Construction in progress
Total property and equipment, gross440 584 
Accumulated depreciation and amortization(379)(512)
Total property and equipment, net$61 $72 
Other long-term assets:
(In millions)December 27, 2024March 29, 2024
Non-marketable equity investments$110 $136 
Long-term income tax receivable and prepaid income taxes10 11 
Deferred income tax assets1,250 1,236 
Operating lease assets52 45 
Long-term prepaid royalty21 
Other44 66 
Total other long-term assets$1,475 $1,515 
Short-term contract liabilities:
(In millions)December 27, 2024March 29, 2024
Deferred revenue$1,102 $1,200 
Customer deposit liabilities675 608 
Total short-term contract liabilities$1,777 $1,808 
Other current liabilities:
(In millions)December 27, 2024March 29, 2024
Income taxes payable$125 $198 
Other taxes payable91 72 
Accrued legal fees25 103 
Accrued royalties36 52 
Accrued interest67 78 
Current operating lease liabilities12 13 
Other accrued liabilities40 83 
Total other current liabilities$396 $599 
Other long-term liabilities:
(In millions)December 27, 2024March 29, 2024
Long-term accrued legal fees$598 $586 
Long-term operating lease liabilities43 38 
Other 47 47 
Total other long-term liabilities$688 $671 
Long-term income taxes payable:
(In millions)December 27, 2024March 29, 2024
Unrecognized tax benefits (including interest and penalties)$1,384 $1,346 
Deemed repatriation tax payable— 139 
Other long-term income taxes
Total long-term income taxes payable$1,385 $1,490 
Other income (expense), net:
Three Months EndedNine Months Ended
(In millions)December 27, 2024December 29, 2023December 27, 2024December 29, 2023
Interest income$$$20 $17 
Foreign exchange gain (loss)
(1)(1)
Gain (loss) on equity investments
(30)— (30)— 
Gain (loss) on sale of properties
— — 
Other— 
Other income (expense), net$(25)$11 $(8)$30 
Supplemental cash flow information:
Nine Months Ended
(In millions)December 27, 2024December 29, 2023
Income taxes paid (received), net of refunds
$394 $395 
Interest expense paid$445 $488 
Cash paid for amounts included in the measurement of operating lease liabilities$13 $19 
Non-cash operating activities:
Operating lease assets obtained in exchange for operating lease liabilities$$— 
Reduction (increase) of operating lease assets as a result of lease terminations and modifications
$(13)$(5)
Non-cash investing and financing activities:
Purchases of property and equipment in current liabilities$$