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Net Income Per Share (Tables)

9 Months Ended

Dec. 30, 2022

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 30, 2022						December 31, 2021						December 30, 2022						December 31, 2021
Net income (loss)			$	165					$	202					$	434					$	716
Net income (loss) per share - basic			$	0.26					$	0.35					$	0.72					$	1.23
Net income (loss) per share - diluted			$	0.25					$	0.34					$	0.70					$	1.21
Weighted-average shares outstanding - basic			647						582						605						581
Dilutive potentially issuable shares:
Convertible debt			—						6						8						7
Employee equity awards			4						3						4						3
Weighted-average shares outstanding - diluted			651						591						617						591
Anti-dilutive shares excluded from diluted net income per share calculation:
Employee equity awards			3						1						1						1
Total			3						1						1						1

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- References

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- 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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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