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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 27, 2024
Mar. 29, 2024
Current assets:    
Cash and cash equivalents $ 883 $ 846
Accounts receivable, net 152 163
Other current assets 262 334
Assets held for sale 23 15
Total current assets 1,320 1,358
Property and equipment, net 61 72
Intangible assets, net 2,336 2,638
Goodwill 10,171 10,210
Other long-term assets 1,475 1,515
Total assets 15,363 15,793
Current liabilities:    
Accounts payable 102 66
Accrued compensation and benefits 93 78
Current portion of long-term debt 1,396 175
Contract liabilities 1,777 1,808
Other current liabilities 396 599
Total current liabilities 3,764 2,726
Long-term debt 7,080 8,429
Long-term contract liabilities 72 76
Deferred income tax liabilities 223 261
Long-term income taxes payable 1,385 1,490
Other long-term liabilities 688 671
Total liabilities 13,212 13,653
Commitments and contingencies (Note 18)
Stockholders’ equity (deficit):    
Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 616 and 623 shares issued and outstanding as of December 27, 2024 and March 29, 2024, respectively 2,026 2,227
Accumulated other comprehensive income (loss) (46) 11
Retained earnings (accumulated deficit) 171 (98)
Total stockholders’ equity (deficit) 2,151 2,140
Total liabilities and stockholders’ equity $ 15,363 $ 15,793