XML 18 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Income Statement [Abstract]    
Net sales $ 1,514 $ 1,577
Licensing revenue 38 41
Net revenues 1,552 1,618
Cost of goods sold(a) (657) (652)
Gross profit 895 966
Total other operating expenses, net    
Selling, general, and administrative expenses(a) (815) (822)
Amortization of intangible assets (6) (6)
Impairment of assets (19) (8)
Restructuring charges (86) (34)
Total other operating expenses, net (926) (870)
Operating income (loss) (31) 96
Foreign currency gains (losses) 2 (1)
Interest expense (3) (4)
Interest and other income, net 1 2
Equity in losses of equity-method investees (2) (3)
Income (loss) before income taxes (33) 90
Income tax benefit (provision) 11 (26)
Net income (loss) $ (22) $ 64
Net income (loss) per common share:    
Basic $ (0.27) $ 0.74
Diluted $ (0.27) $ 0.73
Weighted average common shares outstanding:    
Basic 83.3 86.5
Diluted 83.3 87.5
Dividends declared per share $ 0.50 $ 0.50
(a) Includes total depreciation expense of: $ (72) $ (68)