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Stock-based Compensation (Tables) | 12 Months Ended
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Mar. 28, 2020
Share-based Payment Arrangement [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 28, 2020 |  | March 30, 2019 |  | March 31, 2018
|  | (millions)
Compensation expense(a) |  | $ | 100.6 |  |  | $ | 88.6 |  |  | $ | 74.5 |
Income tax benefit |  | (15.3 | ) |  | (13.1 | ) |  | (25.3 | )
(a) Fiscal 2020 and Fiscal 2018 includes $3.6 million and $2.8 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 2020 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 30, 2019 |  | 834 |  |  | $ | 162.53 |  |  | 1.5 |  | $ | — |
Granted |  | — |  |  | N/A |  |  |  |  |
Exercised |  | — |  |  | N/A |  |  |  |  |
Cancelled/Forfeited |  | (316 | ) |  | 151.48 |  |  |  |  |
Options outstanding at March 28, 2020 |  | 518 |  |  | $ | 169.37 |  |  | 0.9 |  | $ | — |
Options vested at March 28, 2020(b) |  | 518 |  |  | $ | 169.37 |  |  | 0.9 |  | $ | — |
Options exercisable at March 28, 2020 |  | 518 |  |  | $ | 169.37 |  |  | 0.9 |  | $ | — |
(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 28, 2020. Accordingly, there was no related unrecognized compensation expense as of March 28, 2020.
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 28, 2020 |  | March 30, 2019 |  | March 31, 2018
|  | (millions)
Aggregate intrinsic value of stock options exercised(a) |  | $ | — |  |  | $ | 1.2 |  |  | $ | — |
Cash received from the exercise of stock options |  | — |  |  | 21.8 |  |  | 0.1 |
Tax benefits realized on exercise of stock options |  | — |  |  | 3.7 |  |  | — |
(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 2020 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 30, 2019 |  | 10 |  |  | $ | 86.01 |  |  | 1,112 |  |  | $ | 94.99 |
Granted |  | — |  |  | N/A |  |  | 543 |  |  | 102.27 |
Vested |  | (6 | ) |  | 88.30 |  |  | (480 | ) |  | 90.64 |
Forfeited |  | — |  |  | N/A |  |  | (81 | ) |  | 100.28 |
Nonvested at March 28, 2020 |  | 4 |  |  | $ | 81.78 |  |  | 1,094 |  |  | $ | 100.92 |
Additional information pertaining to the restricted stock and restricted stock unit activity |
|  | Restricted Stock |  | Service- based RSUs
Total unrecognized compensation expense at March 28, 2020 (millions) |  | $ | — |  |  | $ | 36.6 |
Weighted-average period expected to be recognized over (years) |  | 0.0 |  |  | 1.6 |
Additional information pertaining to restricted stock and service-based RSU activity is as follows:
|  | Fiscal Years Ended
|  | March 28, 2020 |  | March 30, 2019 |  | March 31, 2018
Restricted Stock: |  |  |  |  |  |
Weighted-average grant date fair value of awards granted |  | N/A |  |  | N/A |  |  | N/A |
Total fair value of awards vested (millions) |  | $ | 0.9 |  |  | $ | 1.0 |  |  | N/A |
Service-based RSUs: |  |  |  |  |  |
Weighted-average grant date fair value of awards granted |  | $ | 102.27 |  |  | $ | 113.38 |  |  | $ | 73.59 |
Total fair value of awards vested (millions) |  | $ | 52.5 |  |  | $ | 50.0 |  |  | $ | 30.0 |
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 2020 is as follows:
|  | Performance-based RSUs
|  | Number of Shares |  | Weighted-Average Grant Date Fair Value
|  | (thousands) |  |
Nonvested at March 30, 2019 |  | 1,011 |  |  | $ | 84.16 |
Granted |  | 289 |  |  | 83.16 |
Change due to performance condition achievement |  | 123 |  |  | 86.65 |
Vested |  | (482 | ) |  | 86.91 |
Forfeited |  | (7 | ) |  | 76.40 |
Nonvested at March 28, 2020 |  | 934 |  |  | $ | 82.83 |
Additional information pertaining to the restricted stock and restricted stock unit activity |
|  | Performance-based RSUs
Total unrecognized compensation expense at March 28, 2020 (millions) |  | $ | 28.2 |
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 28, 2020 |  | March 30, 2019 |  | March 31, 2018
Performance-based RSUs: |  |  |  |  |  |
Weighted-average grant date fair value of awards granted |  | $ | 83.16 |  |  | $ | 129.78 |  |  | $ | 69.40 |
Total fair value of awards vested (millions) |  | $ | 52.8 |  |  | $ | 31.8 |  |  | $ | 12.9 |
Market-based restricted stock units [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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 2020 and Fiscal 2019 were as follows:
|  | Fiscal Year Ended
|  | March 28, 2020 |  | March 30, 2019
Expected term (years) |  | 2.6 |  |  | 2.6 |
Expected volatility |  | 31.4 | % |  | 33.5 | %
Expected dividend yield |  | 3.2 | % |  | 1.9 | %
Risk-free interest rate |  | 1.4 | % |  | 2.6 | %
Weighted-average grant date fair value |  | $ | 90.59 |  |  | $ | 177.13 |
Summary of restricted stock and restricted stock unit activity | A summary of market-based RSU activity during Fiscal 2020 is as follows:
|  | Market-based RSUs
|  | Number of Shares |  | Weighted-Average Grant Date Fair Value
|  | (thousands) |  |
Nonvested at March 30, 2019 |  | 76 |  |  | $ | 177.31 |
Granted |  | 159 |  |  | 90.59 |
Change due to market condition achievement |  | — |  |  | N/A |
Vested |  | — |  |  | N/A |
Forfeited |  | (1 | ) |  | 137.35 |
Nonvested at March 28, 2020 |  | 234 |  |  | $ | 118.46 |
Additional information pertaining to the restricted stock and restricted stock unit activity |
|  | Market-based RSUs
Total unrecognized compensation expense at March 28, 2020 (millions) |  | $ | 14.1 |
Weighted-average period expected to be recognized over (years) |  | 1.8 |
Additional information pertaining to market-based RSU activity is as follows:
|  | Fiscal Years Ended
|  | March 28, 2020 |  | March 30, 2019 |  | March 31, 2018
Market-based RSUs: |  |  |  |  |  |
Weighted-average grant date fair value of awards granted |  | $ | 90.59 |  |  | $ | 177.13 |  |  | N/A
Total fair value of awards vested (millions) |  | N/A |  |  | N/A |  |  | N/A

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