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Stock-Based Compensation (Tables) | 3 Months Ended
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Jun. 28, 2024
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 Ended |  |
(In millions) | June 28, 2024 |  | June 30, 2023 |  |  |  |
Cost of revenues | $ | 1 |  |  | $ | 1 |  |  |  |  |
Sales and marketing | 9 |  |  | 9 |  |  |  |  |
Research and development | 9 |  |  | 11 |  |  |  |  |
General and administrative | 12 |  |  | 16 |  |  |  |  |
Total stock-based compensation expense | $ | 31 |  |  | $ | 37 |  |  |  |  |
Income tax benefit for stock-based compensation expense | $ | (4) |  |  | $ | (5) |  |  |  |  |
Schedule of Additional Information Related to Stock-Based awards | The following table summarizes additional information related to our stock-based awards:
| Three Months Ended |
(In millions, except per grant data) | June 28, 2024 |  | June 30, 2023 |
Restricted stock units (RSUs): |  |  |  |
Weighted-average fair value per award granted | $ | 23.47 |  |  | $ | 17.24 |  |
Awards granted | 5 |  |  | 5 |  |
Total fair value of awards released | $ | 56 |  |  | $ | 35 |  |
Outstanding and unvested | 10 |  |  | 11 |  |
Performance-based restricted stock units (PRUs): |  |  |  |
Weighted-average fair value per award granted | $ | 32.44 |  |  | $ | 22.79 |  |
Awards granted | 1 |  |  | 2 |  |
Total fair value of awards released | $ | 24 |  |  | $ | 19 |  |
Outstanding and unvested at target payout | 5 |  |  | 6 |  |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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