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Net Income (Loss) Per Share | 3 Months Ended
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Jun. 28, 2024
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share | Net Income (Loss) Per Share Basic income per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share also includes the incremental effect of dilutive potentially issuable common shares outstanding. Dilutive potentially issuable common shares include the dilutive effect of employee equity awards. The components of basic and diluted net income (loss) per share are as follows:
| Three Months Ended |  |
(In millions, except per share amounts) | June 28, 2024 |  | June 30, 2023 |  |  |  |
Net income (loss) | $ | 181 |  |  | $ | 187 |  |  |  |  |
Net income (loss) per share - basic | $ | 0.29 |  |  | $ | 0.29 |  |  |  |  |
Net income (loss) per share - diluted | $ | 0.29 |  |  | $ | 0.29 |  |  |  |  |
Weighted-average shares outstanding - basic | 621 |  |  | 640 |  |  |  |  |
Dilutive potentially issuable shares: |  |  |  |  |  |  |
Employee equity awards | 6 |  |  | 3 |  |  |  |  |
Weighted-average shares outstanding - diluted | 627 |  |  | 643 |  |  |  |  |
Anti-dilutive shares excluded from diluted net income per share calculation: |  |  |  |  |  |  |
Employee equity awards | 3 |  |  | 6 |  |  |  |  |

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