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Debt (Tables)
6 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Debt Instruments
Debt consists of the following:
 
 
September 30,
2017
 
April 1,
2017
 
 
(millions)
$300 million 2.125% Senior Notes(a)
 
$
298.6

 
$
298.1

$300 million 2.625% Senior Notes(b)
 
291.8

 
290.1

Total debt
 
590.4

 
588.2

Less: current portion of long-term debt
 
298.6

 

Long-term debt
 
$
291.8

 
$
588.2

 
 
(a) 
During its fiscal year ended April 2, 2016 ("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, as defined below (see Note 12). Accordingly, the carrying value of the 2.125% Senior Notes as of September 30, 2017 and April 1, 2017 reflects adjustments of $0.9 million and $1.2 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 $0.5 million and $0.7 million as of September 30, 2017 and April 1, 2017, 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, as defined below (see Note 12). Accordingly, the carrying value of the 2.625% Senior Notes as of September 30, 2017 and April 1, 2017 reflects adjustments of $6.7 million and $8.2 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 $1.5 million and $1.7 million as of September 30, 2017 and April 1, 2017, respectively.