XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.4
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Millions
Total
Common Stock and Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Mar. 31, 2023   640,000,000    
Beginning balance at Mar. 31, 2023 $ 2,152 $ 2,800 $ (15) $ (633)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) 476     476
Other comprehensive income (loss), net of taxes 34   34  
Common stock issued under employee stock incentive plans (in shares)   5,000,000    
Common stock issued under employee stock incentive plans 6 $ 6    
Shares withheld for taxes related to vesting of stock units (in shares)   (1,000,000)    
Shares withheld for taxes related to vesting of stock units $ (25) $ (25)    
Repurchases of common stock (in shares) (7,000,000) (7,000,000)    
Repurchases of common stock $ (141) $ (141)    
Cash dividends declared and dividend equivalents accrued (245) (245)    
Stock-based compensation 107 $ 107    
Ending balance (in shares) at Dec. 29, 2023   637,000,000    
Ending balance at Dec. 29, 2023 2,364 $ 2,502 19 (157)
Beginning balance (in shares) at Sep. 29, 2023   641,000,000    
Beginning balance at Sep. 29, 2023 2,362 $ 2,655 6 (299)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) 142     142
Other comprehensive income (loss), net of taxes 13   13  
Shares withheld for taxes related to vesting of stock units $ (6) $ (6)    
Repurchases of common stock (in shares) (5,000,000) (4,000,000)    
Repurchases of common stock $ (100) $ (100)    
Cash dividends declared and dividend equivalents accrued (82) (82)    
Stock-based compensation 35 $ 35    
Ending balance (in shares) at Dec. 29, 2023   637,000,000    
Ending balance at Dec. 29, 2023 $ 2,364 $ 2,502 19 (157)
Beginning balance (in shares) at Mar. 29, 2024 623,000,000 623,000,000    
Beginning balance at Mar. 29, 2024 $ 2,140 $ 2,227 11 (98)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) 501     501
Other comprehensive income (loss), net of taxes (57)   (57)  
Common stock issued under employee stock incentive plans (in shares)   5,000,000    
Common stock issued under employee stock incentive plans 6 $ 6    
Shares withheld for taxes related to vesting of stock units (in shares)   (1,000,000)    
Shares withheld for taxes related to vesting of stock units $ (25) $ (25)    
Repurchases of common stock (in shares) (11,000,000) (11,000,000) [1]    
Repurchases of common stock [1] $ (274) $ (274)    
Cash dividends declared and dividend equivalents accrued (237) (5)   (232)
Stock-based compensation $ 97 $ 97    
Ending balance (in shares) at Dec. 27, 2024 616,000,000 616,000,000    
Ending balance at Dec. 27, 2024 $ 2,151 $ 2,026 (46) 171
Beginning balance (in shares) at Sep. 27, 2024   616,000,000    
Beginning balance at Sep. 27, 2024 2,098 $ 1,995 14 89
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income (loss) 159     159
Other comprehensive income (loss), net of taxes $ (60)   (60)  
Repurchases of common stock (in shares) 0      
Cash dividends declared and dividend equivalents accrued $ (79) (2)   (77)
Stock-based compensation $ 33 $ 33    
Ending balance (in shares) at Dec. 27, 2024 616,000,000 616,000,000    
Ending balance at Dec. 27, 2024 $ 2,151 $ 2,026 $ (46) $ 171
[1] Amount includes excise tax on share repurchases.