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Stock-based Compensation (Tables)

12 Months Ended

Mar. 30, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of the total compensation expense and the associated income tax benefits recognized related to stock-based compensation arrangements

A summary of total stock-based compensation expense and the related income tax benefits recognized is as follows:

		Fiscal Years Ended
		March 30, 2019				March 31, 2018				April 1, 2017
		(millions)
Compensation expense(a)		$	88.6			$	74.5			$	63.6
Income tax benefit		(13.1		)		(25.3		)		(22.6		)

^(a)  Fiscal 2018 and Fiscal 2017 includes $2.8 million, and $4.3 million, respectively, of accelerated stock-based compensation expense recorded within restructuring and other charges in the consolidated statements of operations (see Note 9). All other stock-based compensation expense was recorded within SG&A expenses.

Summary of the stock option activity under all plans

A summary of stock option activity during Fiscal 2019 is as follows:

		Number of Shares			Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value(a)
		(thousands)							(years)		(millions)
Options outstanding at March 31, 2018		1,151			$	157.86			2.1		$	—
Granted		—			N/A
Exercised		(162	)		134.64
Cancelled/Forfeited		(155	)		156.98
Options outstanding at March 30, 2019		834			$	162.53			1.5		$	—
Options vested at March 30, 2019(b)		834			$	162.53			1.5		$	—
Options exercisable at March 30, 2019		834			$	162.53			1.5		$	—

^(a)  Aggregate intrinsic value is the amount by which the market price of the Company's Class A common stock at the end of the period exceeds the exercise price of the stock option, multiplied by the number of options.

^(b)  There were no nonvested stock options as of March 30, 2019. Accordingly, there was no related unrecognized compensation expense as of March 30, 2019.

Additional information pertaining to the Company's stock option plans

Additional information pertaining to the Company's stock option plans is as follows:

		Fiscal Years Ended
		March 30, 2019				March 31, 2018				April 1, 2017
		(millions)
Aggregate intrinsic value of stock options exercised(a)		$	1.2			$	—			$	3.0
Cash received from the exercise of stock options		21.8				0.1				5.0
Tax benefits realized on exercise of stock options		3.7				—				1.0

^(a)  Aggregate intrinsic value is the amount by which the market price of the Company's Class A common stock exceeded the stock option's exercise price when exercised, multiplied by the number of options.

Restricted stock and service-based restricted stock units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of restricted stock and restricted stock unit activity

A summary of restricted stock and service-based RSU activity during Fiscal 2019 is as follows:

		Restricted Stock							Service- based RSUs
		Number of Shares			Weighted-Average Grant Date Fair Value				Number of Shares			Weighted-Average Grant Date Fair Value
		(thousands)							(thousands)
Nonvested at March 31, 2018		19			$	92.11			1,072			$	81.27
Granted		—			N/A				628			113.38
Vested		(9	)		99.14				(444	)		87.66
Forfeited		—			N/A				(144	)		89.69
Nonvested at March 30, 2019		10			$	86.01			1,112			$	94.99

Additional information pertaining to the restricted stock and restricted stock unit activity

		Restricted Stock				Service- based RSUs
Total unrecognized compensation expense at March 30, 2019 (millions)		$	0.1			$	39.6
Weighted-average period expected to be recognized over (years)		1.0				2.0

Additional information pertaining to restricted stock and service-based RSU activity is as follows:

		Fiscal Years Ended
		March 30, 2019				March 31, 2018				April 1, 2017
Restricted Stock:
Weighted-average grant date fair value of awards granted		N/A				N/A				$	81.78
Total fair value of awards vested (millions)		$	1.0			N/A				$	0.5
Service-based RSUs:
Weighted-average grant date fair value of awards granted		$	113.38			$	73.59			$	82.89
Total fair value of awards vested (millions)		$	50.0			$	30.0			$	13.8

Performance-based restricted stock units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of restricted stock and restricted stock unit activity

A summary of performance-based RSU activity during Fiscal 2019 is as follows:

		Performance-based RSUs
		Number of Shares			Weighted-Average Grant Date Fair Value
		(thousands)
Nonvested at March 31, 2018		1,157			$	85.73
Granted		154			129.78
Change due to performance condition achievement		(29	)		126.67
Vested		(232	)		117.16
Forfeited		(39	)		82.27
Nonvested at March 30, 2019		1,011			$	84.16

Additional information pertaining to the restricted stock and restricted stock unit activity

		Performance-based RSUs
Total unrecognized compensation expense at March 30, 2019 (millions)		$	37.8
Weighted-average period expected to be recognized over (years)		1.5

Additional information pertaining to performance-based RSU activity is as follows:

		Fiscal Years Ended
		March 30, 2019				March 31, 2018				April 1, 2017
Performance-based RSUs:
Weighted-average grant date fair value of awards granted		$	129.78			$	69.40			$	86.11
Total fair value of awards vested (millions)		$	31.8			$	12.9			$	24.4

Market-based restricted stock units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of restricted stock and restricted stock unit activity

A summary of market-based RSU activity during Fiscal 2019 is as follows:

		Market-based RSUs
		Number of Shares			Weighted-Average Grant Date Fair Value
		(thousands)
Nonvested at March 31, 2018		—			N/A
Granted		80			$	177.13
Change due to market condition achievement		—			N/A
Vested		—			N/A
Forfeited		(4	)		173.83
Nonvested at March 30, 2019		76			$	177.31

Additional information pertaining to the restricted stock and restricted stock unit activity

		Market-based RSUs
Total unrecognized compensation expense at March 30, 2019 (millions)		$	9.5
Weighted-average period expected to be recognized over (years)		2.1

Additional information pertaining to market-based RSU activity is as follows:

		Fiscal Years Ended
		March 30, 2019				March 31, 2018		April 1, 2017
Market-based RSUs:
Weighted-average grant date fair value of awards granted		$	177.13			N/A		N/A
Total fair value of awards vested (millions)		N/A				N/A		N/A

Schedule of Share Based Payment Award with Market Condition Valuation Assumptions [Table Text Block]

The assumptions used to estimate the fair value of TSR awards granted during Fiscal 2019 were as follows:

		Fiscal Year Ended
		March 30, 2019
Expected term (years)		2.6
Expected volatility		33.5		%
Expected dividend yield		1.9		%
Risk-free interest rate		2.6		%
Weighted-average grant date fair value		$	177.13

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