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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,243 $ 2,474
Accounts receivable, net of allowance of $11 and $12, respectively 2,952 3,033
Contract assets 457 249
Inventories 5,839 6,205
Other current assets 1,057 1,031
Total current assets 12,548 12,992
Property and equipment, net 2,228 2,269
Operating lease right-of-use assets, net 573 601
Goodwill 1,139 1,135
Other intangible assets, net 230 245
Other non-current assets 1,019 1,015
Total assets 17,737 18,257
Current liabilities:    
Bank borrowings and current portion of long-term debt 543 0
Accounts payable 4,726 4,468
Accrued payroll and benefits 428 488
Deferred revenue and customer working capital advances 2,265 2,615
Other current liabilities 1,007 968
Total current liabilities 8,969 8,539
Long-term debt, net of current portion 2,672 3,261
Operating lease liabilities, non-current 463 490
Other non-current liabilities 637 642
Total liabilities 12,741 12,932
Shareholders’ equity    
Ordinary shares, no par value; 1,500,000,000 authorized, 399,382,891 and 408,101,772 issued, and 399,382,891 and 408,101,772 outstanding, respectively 4,649 5,074
Accumulated earnings 585 446
Accumulated other comprehensive loss (238) (195)
Total shareholders’ equity 4,996 5,325
Total liabilities and shareholders' equity $ 17,737 $ 18,257