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Stock-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table sets forth the stock-based compensation expense recognized for our equity incentive plans:
 
Three Months EndedNine Months Ended
(In millions)
December 31, 2021January 1, 2021December 31, 2021January 1, 2021
Cost of revenues$— $— $$
Sales and marketing13 14 
Research and development14 21 
General and administrative23 21 
Restructuring and other costs— — 
Other income (expense), net— — — (1)
Total stock-based compensation from continuing operations18 21 51 65 
Discontinued operations— — — 
Total stock-based compensation expense$18 $21 $51 $66 
Income tax benefit for stock-based compensation expense$(4)$(5)$(11)$(15)
The following table summarizes the stock-based compensation expense recognized as a result of these modifications during the three and nine months ended January 1, 2021:
Three Months EndedNine Months Ended
(In millions)
January 1, 2021January 1, 2021
Sales and marketing$— $
Research and development
General and administrative
Restructuring and other costs
Total stock-based compensation$$28 
Schedule of Additional Information Related to Stock-Based awards The following table summarizes additional information related to our stock-based awards, including awards associated with our discontinued operations:
 Nine Months Ended
(In millions, except per grant data) December 31, 2021January 1, 2021
Restricted stock units (RSUs):
Weighted-average fair value per award granted
$22.48 $20.65 
Awards granted
Total fair value of awards released$54 $85 
Outstanding and unvested
Performance-based restricted stock units (PRUs):
Weighted-average fair value per award granted$26.01 $26.53 
Awards granted
Total fair value of awards released$— $43 
Outstanding and unvested at target payout
Stock options:
Total intrinsic value of stock options exercised$$15 
Outstanding— (1)
Exercisable— (1)
(1) The number of shares was less than 1 million.