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Debt (Tables)
 12 Months Ended
Apr. 01, 2017
Debt Disclosure [Abstract]  
Schedule of Debt Instruments
Debt consists of the following:
 
 
April 1,
2017
 
April 2,
2016
 
 
(millions)
$300 million 2.125% Senior Notes(a)
 
$
298.1

 
$
300.8

$300 million 2.625% Senior Notes(b)
 
290.1

 
296.2

Commercial paper notes
 
—

 
90.0

Borrowings outstanding under credit facilities
 
—

 
26.1

Total debt
 
588.2

 
713.1

Less: short-term debt
 
—

 
116.1

Total long-term debt
 
$
588.2

 
$
597.0


 
 
(a) 
During Fiscal 2016, the Company entered into an interest rate swap contract which it designated as a hedge against changes in the fair value of its fixed-rate 2.125% Senior Notes (see Note 14). Accordingly, the carrying value of the 2.125% Senior Notes as of April 1, 2017 and April 2, 2016 reflects an adjustment of $1.2 million and $2.0 million, respectively, for the change in fair value attributable to the benchmark interest rate. The carrying value of the 2.125% Senior Notes is also net of unamortized debt issuance costs and discount of $0.7 million and $1.2 million as of April 1, 2017 and April 2, 2016, respectively.
(b) 
During Fiscal 2016, the Company entered into an interest rate swap contract which it designated as a hedge against changes in the fair value of its fixed-rate 2.625% Senior Notes (see Note 14). Accordingly, the carrying value of the 2.625% Senior Notes as of April 1, 2017 and April 2, 2016 reflects an adjustment of $8.2 million and $1.5 million, respectively, for the change in fair value attributable to the benchmark interest rate. The carrying value of the 2.625% Senior Notes is also net of unamortized debt issuance costs and discount of $1.7 million and $2.3 million as of April 1, 2017 and April 2, 2016, respectively.