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Debt (Tables)

12 Months Ended

Apr. 02, 2022

Debt Disclosure [Abstract]

Schedule of Debt Instruments

Debt consists of the following:

						April 2, 2022						March 27, 2021
						(millions)
$400 million 3.750% Senior Notes(a)						$	397.7					$	397.1
$500 million 1.700% Senior Notes(b)						499.8						498.4
$750 million 2.950% Senior Notes(c)						738.8						737.4
Total debt						1,636.3						1,632.9
Less: current portion of long-term debt						499.8						—
Total long-term debt						$	1,136.5					$	1,632.9

(a)The carrying value of the 3.750% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $2.3 million and $2.9 million as of April 2, 2022 and March 27, 2021, respectively.

(b)The carrying value of the 1.700% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $0.2 million and $1.6 million as of April 2, 2022 and March 27, 2021, respectively.

(c)The carrying value of the 2.950% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $11.2 million and $12.6 million as of April 2, 2022 and March 27, 2021, respectively.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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