v3.25.4
Leases
9 Months Ended
Jan. 02, 2026
Leases [Abstract]  
Leases Leases
We lease certain facilities, equipment and data center co-locations under operating leases that expire on various dates through fiscal 2033. Our leases generally have terms that range from 1 year to 9 years for our facilities, 1 year to 4 years for equipment and 1 year to 5 years for data center co-locations. Some of our leases contain renewal options, escalation clauses, rent concessions and leasehold improvement incentives.
The following summarizes our lease costs:
Three Months EndedNine Months Ended
(In millions)January 2, 2026December 27, 2024January 2, 2026December 27, 2024
Operating lease costs$$$14 $10 
Short-term lease costs— 
Variable lease costs
Total lease costs$$$18 $15 
Other information related to our operating leases was as follows:
January 2, 2026March 28, 2025
Weighted-average remaining lease term4.3 years4.7 years
Weighted-average discount rate6.09 %5.71 %
See Note 7 for cash flow information related to our operating leases.
As of January 2, 2026, the maturities of our lease liabilities by fiscal year are as follows:
(In millions)
Remainder of 2026$
202723 
202816 
202914 
203012 
Thereafter
Total lease payments76 
Less: Imputed interest(9)
Present value of lease liabilities$67