XML 64 R42.htm IDEA: XBRL DOCUMENT v3.21.1
Net Income Per Share (Tables)
 12 Months Ended
Apr. 02, 2021
Earnings Per Share [Abstract]  
Schedule of Components of Earnings Per Share
The components of basic and diluted net income (loss) per share are as follows:
 Year Ended
(In millions, except per share amounts)April 2, 2021April 3, 2020March 29, 2019
Income (loss) from continuing operations$696 $578 $(110)
Income (loss) from discontinued operations, net of income taxes(142)3,309 141 
Net income$554 $3,887 $31 
Income (loss) per share - basic:
Continuing operations$1.18 $0.94 $(0.17)
Discontinued operations$(0.24)$5.38 $0.22 
Net income per share - basic (1)
$0.94 $6.32 $0.05 
Income (loss) per share - diluted:
Continuing operations$1.16 $0.90 $(0.17)
Discontinued operations$(0.24)$5.15 $0.22 
Net income per share - diluted (1)
$0.92 $6.05 $0.05 
Weighted-average outstanding shares - basic589 615 632 
Dilutive potentially issuable shares:
Convertible debt8 20 — 
Employee equity awards3 8 — 
Weighted-average shares outstanding - diluted600 643 632 
Anti-dilutive shares excluded from diluted net income (loss) per share calculation:
Convertible debt8 5 91 
Employee equity awards— 2 47 
Total8 7 138 
(1) Net income per share amounts may not add due to rounding.
Schedule of Debt The conversion price of each convertible debt applicable in the periods presented is as follows:
Year Ended
April 2, 2021April 3, 2020March 29, 2019
2.5% Convertible Senior Notes due April 1, 2022
N/A
$ 8.40 (1)
$16.77 
2.0% Convertible Senior Notes due August 15, 2022
N/A
$ 10.23 (1)
$20.41 
New 2.5% Convertible Senior Notes due April 1, 2022
$16.77 $16.77 N/A
New 2.0% Convertible Senior Notes due August 15, 2022
$20.41 $20.41 N/A
(1) Conversion prices of the Convertible Senior Notes prior to their full repayments.