Debt (Tables)

12 Months Ended

Mar. 28, 2025

Debt Disclosure [Abstract]

Schedule of Components of Debt

The following table summarizes components of our debt:

(In millions, except percentages)	March 28, 2025		March 29, 2024		Effective Interest Rate
5.0% Senior Notes due April 15, 2025	$	—	$	1,100	5.00	%
Term A Facility due September 12, 2027	3,519		3,666		SOFR + % (2)
6.75% Senior Notes due September 30, 2027	900		900		6.75	%
Term B Facility due September 12, 2029	2,386		2,444		SOFR + % (3)
1.29% Avira Mortgage due December 30, 2029 (1)	—		3		1.29	%
7.125% Senior Notes due September 30, 2030	600		600		7.13	%
0.95% Avira Mortgage due December 30, 2030 (1)	—		3		0.95	%
6.25% Senior Notes due April 1, 2033	950		—		6.25	%
Total principal amount	8,355		8,716
Less: unamortized discount and issuance costs	(96)		(112)
Total debt	8,259		8,604
Less: current portion	(291)		(175)
Total long-term debt	$	7,968	$	8,429

(1)     The Avira Mortgages are denominated in a foreign currency so the balances of these mortgages may fluctuate based on changes in foreign currency exchange rates. Additionally, in connection with the agreement to sell certain land and buildings in Tettnang, Germany, as discussed in Note 3, the Avira Mortgages were repaid during the fourth quarter of fiscal 2025.

(2)     Term A Facility due 2027 bears interest at a rate equal to Term SOFR plus a credit spread adjustment (CSA) plus a margin based either on the current debt rating of our non-credit-enhanced, senior unsecured long-term debt or consolidated adjusted leverage as defined in the underlying loan agreement.

(3)     Term B Facility due 2029 bears interest at a rate equal to Term SOFR plus 1.75%.

The interest rates for the outstanding term loans are as follows:

	March 28, 2025		March 29, 2024
Term A Facility due September 12, 2027	5.92	%	7.18	%
Term B Facility due September 12, 2029	6.07	%	7.43	%

Schedule of Maturities of Long-term Debt

As of March 28, 2025, the future contractual maturities of debt by fiscal year are as follows:

(In millions)
2026	$	291
2027	232
2028	4,016
2029	37
2030	2,229
Thereafter	1,550
Total future maturities of debt	$	8,355

Schedule of Interest Expense

The following table sets forth total interest expense recognized related to our convertible notes:

	Year Ended
(In millions)	March 31, 2023
Contractual interest expense	$	4
Payments in lieu of conversion price adjustments (1)	$	1

(1)    Payments in lieu of conversion price adjustments consist of amounts paid to holders of the Convertible Senior Notes when our quarterly dividend to our common stockholders exceeds the amounts defined in the Convertible Senior Notes agreements.