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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Jul. 02, 2022
Jun. 26, 2021
Cash flows from operating activities:    
Net income $ 123.4 $ 164.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 54.8 57.2
Deferred income tax expense 26.4 3.8
Non-cash stock-based compensation expense 18.2 18.4
Non-cash impairment of assets 0.0 18.6
Bad debt expense reversals (1.9) (1.0)
Other non-cash charges 5.3 1.1
Changes in operating assets and liabilities:    
Accounts receivable 43.9 81.6
Inventories (226.1) (67.7)
Prepaid expenses and other current assets (70.5) (20.3)
Accounts payable and accrued liabilities 52.2 5.3
Income tax receivables and payables 8.7 4.7
Operating lease right-of-use assets and liabilities, net (11.4) (11.2)
Other balance sheet changes 22.3 (7.6)
Net cash provided by operating activities 45.3 247.6
Cash flows from investing activities:    
Capital expenditures (39.4) (28.2)
Purchases of investments (141.0) (368.3)
Proceeds from sales and maturities of investments 552.0 197.7
Other investing activities (6.0) (0.6)
Net cash provided by (used in) investing activities 365.6 (199.4)
Cash flows from financing activities:    
Repayments of long-term debt (500.0) 0.0
Payments of finance lease obligations (5.8) (5.5)
Payments of dividends (48.1) 0.0
Repurchases of common stock, including shares surrendered for tax withholdings (234.7) (28.8)
Net cash used in financing activities (788.6) (34.3)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (30.0) 3.3
Net increase (decrease) in cash, cash equivalents, and restricted cash (407.7) 17.2
Cash, cash equivalents, and restricted cash at beginning of period 1,872.0 2,588.0
Cash, cash equivalents, and restricted cash at end of period $ 1,464.3 $ 2,605.2