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Equity (Tables)
9 Months Ended
Dec. 27, 2014
Equity [Abstract]  
Summary of Changes in Equity
A reconciliation of the beginning and ending amounts of equity is presented below:
 
 
Nine Months Ended
 
 
December 27,
2014
 
December 28,
2013
 
 
(millions)
Balance at beginning of period
 
$
4,034

 
$
3,785

Comprehensive income
 
442

 
633

Dividends declared
 
(118
)
 
(113
)
Repurchases of common stock, including shares surrendered for tax withholdings
 
(382
)
 
(408
)
Stock-based compensation
 
60

 
74

Shares issued and tax benefits recognized pursuant to stock-based compensation arrangements
 
53

 
78

Conversion of stock-based compensation awards
 
(14
)
 
(15
)
Balance at end of period
 
$
4,075

 
$
4,034

Summary of Repurchased Common Stock
A summary of the Company's repurchases of Class A common stock under its common stock repurchase program is presented below:
 
 
Nine Months Ended
 
 
 
December 27,
2014
 
December 28,
2013
 
 
 
(millions)
 
Cost of shares repurchased
 
$
350

 
$
398

(a) 
Number of shares repurchased
 
2.1

 
2.2

(a) 
 
(a) 
Includes two separate $50 million prepayments made in March 2013 and June 2013 pursuant to share repurchase programs with third-party financial institutions, in exchange for the right to receive shares of the Company's Class A common stock at the conclusion of each of the 93-day repurchase terms, which resulted in a delivery of 0.6 million shares during the nine months ended December 28, 2013, based on the volume-weighted average market price of the Company's Class A common stock over the programs' respective 93-day repurchase terms, less a discount.