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Income Taxes | 9 Months Ended
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Dec. 27, 2024
Income Tax Disclosure [Abstract] |
Income Taxes | Income Taxes The following table summarizes our effective tax rate for the periods presented:
| Three Months Ended |  | Nine Months Ended
(In millions, except percentages) | December 27, 2024 |  | December 29, 2023 |  | December 27, 2024 |  | December 29, 2023
Income (loss) before income taxes | $ | 208 |  |  | $ | 178 |  |  | $ | 742 |  |  | $ | 235 |
Income tax expense (benefit) | $ | 49 |  |  | $ | 36 |  |  | $ | 241 |  |  | $ | (241) |
Effective tax rate | 24 | % |  | 20 | % |  | 32 | % |  | (103) | %
Our effective tax rate for the three and nine months ended December 27, 2024, differs from the federal statutory income tax rate primarily due to state taxes, changes in unrecognized tax benefits and related interest and penalties, and the U.S. taxation on foreign earnings. Our effective tax rate for the three and nine months ended December 29, 2023, differs from the federal statutory income tax rate primarily due to tax benefits related to the set up and write-off of deferred tax items resulting from an internal restructuring, partially offset by state taxes, changes in unrecognized tax benefits and related interest and penalties, and the U.S. taxation on foreign earnings.

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