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Debt (Tables)

9 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Debt Instruments

Debt consists of the following:

						December 31, 2022						April 2, 2022
						(millions)
$400 million 3.750% Senior Notes(a)						$	398.2					$	397.7
$500 million 1.700% Senior Notes(b)						—						499.8
$750 million 2.950% Senior Notes(c)						739.8						738.8
Total debt						1,138.0						1,636.3
Less: current portion of long-term debt						—						499.8
Total long-term debt						$	1,138.0					$	1,136.5

(a)The carrying value of the 3.750% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $1.8 million and $2.3 million as of December 31, 2022 and April 2, 2022, 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 as of April 2, 2022.

(c)The carrying value of the 2.950% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $10.2 million and $11.2 million as of December 31, 2022 and April 2, 2022, respectively.

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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