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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Mar. 28, 2025
Mar. 29, 2024
Mar. 31, 2023
OPERATING ACTIVITIES:      
Net income (loss) $ 643 $ 607 $ 1,334
Adjustments:      
Amortization and depreciation 419 485 329
Impairments and write-offs of current and long-lived assets 7 (3) 25
Stock-based compensation expense 133 138 134
Deferred income taxes (32) (991) (145)
Loss (gain) on extinguishment of debt 0 0 9
Gain on sale of properties 0 (9) 0
Non-cash operating lease expense 16 18 23
Impairment on non-marketable equity investments 30 40 0
Legal contract dispute cost 66 0 0
Other 11 22 2
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable, net (53) 7 11
Accounts payable 26 (12) (8)
Accrued compensation and benefits 27 (24) (6)
Contract liabilities 36 47 16
Income taxes payable (80) 446 (128)
Other assets 86 861 (702)
Other liabilities (114) 432 (137)
Net cash provided by (used in) operating activities 1,221 2,064 757
INVESTING ACTIVITIES:      
Purchases of property and equipment (15) (20) (6)
Purchase of non-marketable equity investments (4) 0 0
Payments for acquisitions, net of cash acquired (84) 0 (6,547)
Proceeds from the maturities and sales of short-term investments 0 0 4
Proceeds from the sale of properties 0 25 0
Other 3 (3) 2
Net cash provided by (used in) investing activities (100) 2 (6,547)
FINANCING ACTIVITIES:      
Repayments of debt and related equity component (1,311) (1,183) (3,047)
Proceeds from issuance of debt, net of issuance costs 941 0 8,954
Net proceeds from sales of common stock under employee stock incentive plans 11 12 12
Tax payments related to vesting of stock units (26) (26) (20)
Dividends and dividend equivalents paid (313) (323) (314)
Repurchases of common stock (272) (441) (904)
Net cash provided by (used in) financing activities (970) (1,961) 4,681
Effect of exchange rate fluctuations on cash and cash equivalents 9 (9) (28)
Change in cash and cash equivalents 160 96 (1,137)
Beginning cash and cash equivalents 846 750 1,887
Ending cash and cash equivalents $ 1,006 $ 846 $ 750