v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 02, 2026
Mar. 28, 2025
Current assets:    
Cash, cash equivalents and restricted cash $ 619 $ 1,006
Accounts receivable, net 361 171
Other current assets 257 245
Assets held for sale 16 22
Total current assets 1,253 1,444
Property and equipment, net 69 60
Intangible assets, net 2,212 2,267
Goodwill 10,847 10,237
Deferred income tax assets 1,258 1,218
Other long-term assets 192 269
Total assets 15,831 15,495
Current liabilities:    
Accounts payable 83 94
Accrued compensation and benefits 116 105
Current portion of long-term debt 240 291
Contract liabilities 1,822 1,846
Other current liabilities 427 515
Total current liabilities 2,688 2,851
Long-term debt 8,167 7,968
Long-term contract liabilities 84 77
Deferred income tax liabilities 220 222
Long-term income taxes payable 1,583 1,420
Other long-term liabilities 757 688
Total liabilities 13,499 13,226
Commitments and contingencies (Note 18)
Stockholders’ equity (deficit):    
Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 606 and 617 shares issued and outstanding as of January 2, 2026 and March 28, 2025, respectively 2,281 2,066
Accumulated other comprehensive income (loss) 19 (33)
Retained earnings (accumulated deficit) 32 236
Total stockholders’ equity (deficit) 2,332 2,269
Total liabilities and stockholders’ equity (deficit) $ 15,831 $ 15,495