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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities:      
Net income $ 742.9 $ 646.3 $ 522.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 219.6 229.0 220.5
Deferred income tax expense (benefit) (50.0) (41.1) 3.9
Stock-based compensation expense 107.9 99.5 75.5
Impairment of assets 0.8 0.0 9.7
Bad debt expense 9.2 7.3 2.3
Other non-cash charges 2.8 13.7 1.0
Changes in operating assets and liabilities:      
Accounts receivable (27.6) (15.3) (52.6)
Inventories (52.6) 149.1 (106.2)
Prepaid expenses and other current assets (74.0) 16.1 (19.9)
Accounts payable and accrued liabilities 226.2 15.6 (225.0)
Income tax receivables and payables 27.9 (18.5) 5.7
Operating lease ROU asset and liabilities, net 11.7 (36.3) (17.5)
Other balance sheet changes 90.3 4.3 (9.1)
Net cash provided by operating activities 1,235.1 1,069.7 411.0
Cash flows from investing activities:      
Capital expenditures (216.2) (164.8) (217.5)
Purchases of investments (781.8) (392.8) (598.6)
Proceeds from sales and maturities of investments 734.3 304.3 1,293.4
Other investing activities (0.4) (3.5) (5.8)
Net cash provided by (used in) investing activities (264.1) (256.8) 471.5
Cash flows from financing activities:      
Repayments of long-term debt 0.0 0.0 (500.0)
Payments of finance lease obligations (22.0) (21.3) (21.9)
Payments of dividends (201.1) (194.6) (198.3)
Repurchases of common stock, including shares surrendered for tax withholdings (480.9) (449.7) (488.6)
Net cash used in financing activities (704.0) (665.6) (1,208.8)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (8.2) (13.6) (8.8)
Net increase (decrease) in cash, cash equivalents, and restricted cash 258.8 133.7 (335.1)
Cash, cash equivalents, and restricted cash at beginning of period 1,670.6 1,536.9 1,872.0
Cash, cash equivalents, and restricted cash at end of period $ 1,929.4 $ 1,670.6 $ 1,536.9