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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 27, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,601 $ 2,474
Accounts receivable, net of allowance of $10 and $12, respectively 3,502 3,033
Contract assets 595 249
Inventories 5,466 6,205
Other current assets 1,187 1,031
Total current assets 13,351 12,992
Property and equipment, net 2,254 2,269
Operating lease right-of-use assets, net 581 601
Goodwill 1,146 1,135
Other intangible assets, net 223 245
Other non-current assets 1,031 1,015
Total assets 18,586 18,257
Current liabilities:    
Bank borrowings and current portion of long-term debt 531 0
Accounts payable 5,144 4,468
Accrued payroll and benefits 473 488
Deferred revenue and customer working capital advances 2,134 2,615
Other current liabilities 1,024 968
Total current liabilities 9,306 8,539
Long-term debt, net of current portion 3,178 3,261
Operating lease liabilities, non-current 476 490
Other non-current liabilities 623 642
Total liabilities 13,583 12,932
Shareholders’ equity    
Ordinary shares, no par value; 1,500,000,000 authorized, 389,775,099 and 408,101,772 issued and outstanding, respectively 4,377 5,074
Accumulated earnings 799 446
Accumulated other comprehensive loss (173) (195)
Total shareholders’ equity 5,003 5,325
Total liabilities and shareholders' equity $ 18,586 $ 18,257