XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1

Net Income Per Share (Tables)

9 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Components of Net Income (Loss) Per Share

The components of basic and diluted net income (loss) per share are as follows:

			Three Months Ended												Nine Months Ended
(In millions, except per share amounts)			December 31, 2021						January 1, 2021						December 31, 2021						January 1, 2021
Income (loss) from continuing operations			$	202					$	173					$	716					$	488
Income (loss) from discontinued operations			—						5						—						(128)
Net income			$	202					$	178					$	716					$	360
Income (loss) per share - basic:
Continuing operations			$	0.35					$	0.29					$	1.23					$	0.83
Discontinued operations			$	—					$	0.01					$	—					$	(0.22)
Net income per share - basic			$	0.35					$	0.30					$	1.23					$	0.61
Income (loss) per share - diluted:
Continuing operations			$	0.34					$	0.29					$	1.21					$	0.81
Discontinued operations			$	—					$	0.01					$	—					$	(0.21)
Net income per share - diluted			$	0.34					$	0.30					$	1.21					$	0.60
Weighted-average shares outstanding - basic			582						593						581						591
Dilutive potentially issuable shares:
Convertible debt			6						3						7						10
Employee equity awards			3						1						3						3
Weighted-average shares outstanding - diluted			591						597						591						604
Anti-dilutive shares excluded from diluted net income per share calculation:
Convertible debt			—						31						—						10
Employee equity awards			1						—						1						—
Total			1						31						1						10

Schedule of Debt Conversion Rate

The conversion price of each convertible debt instrument applicable in the periods presented is as follows:

			Three Months Ended												Nine Months Ended
			December 31, 2021						January 1, 2021						December 31, 2021						January 1, 2021
2.0% Convertible Senior Notes due August 15, 2022			N/A						N/A						N/A						$	10.23
New 2.5% Convertible Senior Notes due April 1, 2022			N/A						$	16.77					N/A						$	16.77
New 2.0% Convertible Senior Notes due August 15, 2022			$	20.41					$	20.41					$	20.41					$	20.41

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration