XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Dec. 27, 2024
Dec. 29, 2023
Dec. 27, 2024
Dec. 29, 2023
Income Statement [Abstract]        
Net revenues $ 986 $ 948 $ 2,925 $ 2,836
Cost of revenues 193 182 577 541
Gross profit 793 766 2,348 2,295
Operating expenses:        
Sales and marketing 182 184 549 552
Research and development 84 77 248 252
General and administrative 108 110 224 559
Amortization of intangible assets 43 61 130 183
Restructuring and other costs 2 2 4 36
Total operating expenses 419 434 1,155 1,582
Operating income (loss) 374 332 1,193 713
Interest expense (141) (165) (443) (508)
Other income (expense), net (25) 11 (8) 30
Income (loss) before income taxes 208 178 742 235
Income tax expense (benefit) 49 36 241 (241)
Net income (loss) $ 159 $ 142 $ 501 $ 476
Net income (loss) per share - basic (in dollars per share) $ 0.26 $ 0.22 $ 0.81 $ 0.74
Net income (loss) per share - diluted (in dollars per share) $ 0.26 $ 0.22 $ 0.80 $ 0.74
Weighted-average shares outstanding:        
Basic (in shares) 616 639 618 640
Diluted (in shares) 623 645 624 644