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Additional Financial Information
6 Months Ended
Sep. 27, 2014
Supplemental Cash Flow Information [Abstract]  
Additional Financial Information
Additional Financial Information
Cash Interest and Taxes
Cash paid for interest and income taxes is as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
September 27,
2014
 
September 28,
2013
 
September 27,
2014
 
September 28,
2013
 
 
(millions)
Cash paid for interest
 
$
5

 
$
1

 
$
7

 
$
2

Cash paid for income taxes
 
$
126

 
$
132

 
$
176

 
$
168


Non-cash Transactions
Non-cash investing activities included the capitalization of fixed assets and recognition of related obligations in the net amount of $78 million and $56 million for the six-month periods ended September 27, 2014 and September 28, 2013, respectively. In addition, non-cash investing activities for the six months ended September 27, 2014 included the capitalization of a fixed asset, for which a $19 million non-binding advance payment was made during Fiscal 2014 and recorded within prepaid expenses and other current assets as of March 29, 2014.
Non-cash activities during the six months ended September 28, 2013 also included the $16 million gain recorded in connection with the Chaps Menswear License Acquisition in April 2013 (see Note 5).
Non-cash financing activities included the conversion of 0.4 million shares of Class B common stock into an equal number of shares of Class A common stock during the six months ended September 27, 2014, as further described in Note 15.
There were no other significant non-cash investing or financing activities for the periods presented.