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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Cash flows from operating activities:    
Net income $ 633.3 $ 399.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 201.0 212.0
Deferred income tax expense (benefit) (155.7) 13.7
Loss on sale of property 0.0 11.6
Non-cash stock-based compensation expense 72.9 65.3
Non-cash impairment of assets 21.7 13.3
Non-cash restructuring-related inventory charges 1.0 3.1
Other non-cash charges 1.6 7.6
Changes in operating assets and liabilities:    
Accounts receivable 46.9 105.9
Inventories (90.0) (179.3)
Prepaid expenses and other current assets (30.4) (75.7)
Accounts payable and accrued liabilities 56.3 24.9
Income tax receivables and payables 16.1 82.7
Deferred income 0.6 (10.6)
Other balance sheet changes (27.3) 9.3
Net cash provided by operating activities 748.0 683.1
Cash flows from investing activities:    
Capital expenditures (216.0) (149.2)
Purchases of investments (890.1) (2,627.8)
Proceeds from sales and maturities of investments 1,510.3 1,975.2
Acquisitions and ventures 0.9 (4.5)
Proceeds from sale of property 20.8 20.0
Settlement of net investment hedges 0.0 (23.8)
Net cash provided by (used in) investing activities 425.9 (810.1)
Cash flows from financing activities:    
Repayments of short-term debt 0.0 (9.9)
Proceeds from Issuance of long-term debt 0.0 (398.1)
Repayments of long-term debt 0.0 (300.0)
Payments of finance lease obligations (10.6) (14.8)
Payments of dividends (153.2) (141.6)
Repurchases of common stock, including shares surrendered for tax withholdings (542.1) (431.9)
Proceeds from exercises of stock options 0.0 21.8
Other financing activities (0.9) (2.8)
Net cash used in financing activities (706.8) (481.1)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (4.2) (23.9)
Net increase (decrease) in cash, cash equivalents, and restricted cash 462.9 (632.0)
Cash, cash equivalents, and restricted cash at beginning of period 626.5 1,355.5
Cash, cash equivalents, and restricted cash at end of period $ 1,089.4 $ 723.5