Supplementary Information

12 Months Ended

Apr. 02, 2021

Supplementary Information [Abstract]

Cash and cash equivalents:


(In millions)	April 2, 2021		April 3, 2020
Cash	$	650	$	483
Cash equivalents	283		1,694
Total cash and cash equivalents	$	933	$	2,177

Accounts receivable, net:


(In millions)	April 2, 2021		April 3, 2020
Accounts receivable	$	118	$	123
Allowance for doubtful accounts	(1)		(12)
Accounts receivable, net	$	117	$	111

Other current assets:


(In millions)	April 2, 2021		April 3, 2020
Prepaid expenses	$	95	$	110
Income tax receivable and prepaid income taxes	96		150
Other tax receivable	31		88
Other	15		87
Total other current assets	$	237	$	435

Property and equipment, net:


(In millions)	April 2, 2021		April 3, 2020
Land	$	3	$	7
Computer hardware and software	479		746
Office furniture and equipment	63		88
Buildings	29		108
Leasehold improvements	58		128
Construction in progress	1		1
Total property and equipment, gross	633		1,078
Accumulated depreciation and amortization	(555)		(840)
Total property and equipment, net	$	78	$	238

During 2021, we completed the sale of certain properties with total carrying value of $120 million, including land, buildings, furniture and fixtures, and leasehold improvements, of which $37 million was classified as held for sale and $83 million was included in property and equipment as of April 3, 2020. See Note 3 for further information on the sale.

Depreciation and amortization expense of property and equipment was $45 million, $122 million, and $139 million in fiscal 2021, 2020, and 2019, respectively.

Other long-term assets:


(In millions)	April 2, 2021		April 3, 2020
Non-marketable equity investments	$	185	$	187
Long-term income tax receivable and prepaid income taxes	30		38
Deferred income tax assets	355		387
Long-term prepaid royalty	70		15
Other	46		51
Total other long-term assets	$	686	$	678

Short-term contract liabilities:


(In millions)	April 2, 2021		April 3, 2020
Deferred revenue	$	795	$	709
Customer deposit liabilities	415		340
Total short-term contract liabilities	$	1,210	$	1,049

Other current liabilities:


(In millions)	April 2, 2021		April 3, 2020
Income taxes payable	$	111	$	195
Other taxes payable	82		141
Other accrued liabilities	235		251
Total other current liabilities	$	428	$	587

Long-term income taxes payable:


(In millions)	April 2, 2021		April 3, 2020
Deemed repatriation tax payable	$	525	$	615
Other long-term income taxes	29		—
Uncertain tax positions (including interest and penalties)	565		695
Total long-term income taxes payable	$	1,119	$	1,310

Other income (expense), net:


	Year Ended
(In millions)	April 2, 2021		April 3, 2020		March 29, 2019
Interest income	$	4	$	80	$	42
Loss from equity interest	—		(31)		(101)
Foreign exchange gain (loss)	1		(6)		(11)
Gain on divestitures	—		250		—
Gain on sale of equity method investment	—		379		—
Gain on early extinguishment of debt	20		—		—
Gain on sale of properties	98		—		—
Transition service expense, net	(9)		(19)		—
Other	6		7		13
Total other income (expense), net	$	120	$	660	$	(57)

Supplemental cash flow information:


	Year Ended
(In millions)	April 2, 2021		April 3, 2020		March 29, 2019
Income taxes paid, net of refunds	$	341	$	1,985	$	112
Interest expense paid	$	139	$	179	$	183
Cash paid for amounts included in the measurement of operating lease liabilities	$	34	$	51	$	—
Non-cash operating activities:
Operating lease assets obtained in exchange for operating lease liabilities	$	34	$	15	$	—
Reduction of operating lease assets as a result of lease terminations and modifications	$	26	$	34	$	—
Non-cash investing and financing activities:
Purchases of property and equipment in current liabilities	$	—	$	—	$	23
Extinguishment of debt with borrowings from same creditors	$	—	$	1,073	$	—