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Leases (Tables) | 9 Months Ended
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Dec. 28, 2019
Leases [Abstract] |
Schedule of Supplemental Balance Sheet Information Related to Leases | The following table presents the Company’s supplemental balance sheet information related to leases (in millions):
|  | Balance Sheet Location |  | December 28, 2019
Assets |  |  |  |
Operating leases |  | Operating lease right-of-use assets |  | $ | 1,665 |
Liabilities |  |  |  |
Current: |  |  |  |
Operating leases |  | Short-term portion of operating lease liabilities |  | $ | 406 |
Non-current: |  |  |  |
Operating leases |  | Long-term portion of operating lease liabilities |  | $ | 1,751 |
The following tables summarizes the weighted average remaining lease term and weighted average discount rate related to the Company’s operating lease right-of-use assets and lease liabilities recorded on the balance sheet as of December 28, 2019:
|  |  |  | December 28, 2019
Operating leases: |  |  |  |
Weighted average remaining lease term (years) |  |  |  | 6.3
Weighted average discount rate |  |  |  | 3.0 | %
Schedule of Net Lease Costs and Supplemental Cash Flow Information | The components of net lease costs for the three and nine months ended December 28, 2019 were as follows (in millions):
|  |  |  | December 28, 2019 |  |
|  | Statement of Operations and Comprehensive Income Location |  | Three Months Ended |  | Nine Months Ended
Operating lease cost |  | Selling, general and administrative expenses |  | $ | 114 |  |  | $ | 338 |
Short-term lease cost |  | Selling, general and administrative expenses |  | 5 |  |  | 18 |
Variable lease cost |  | Selling, general and administrative expenses |  | 39 |  |  | 118 |
Sublease income |  | Selling, general and administrative expenses |  | (2) |  |  | (5) |
Total lease cost |  |  |  | $ | 156 |  |  | $ | 469 |
The following table presents the Company’s supplemental cash flow information related to leases (in millions):
|  |  |  | Nine Months Ended
|  |  |  | December 28, 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows used in operating leases |  |  |  | $ | 372 |
Non-cash transactions: |  |  |  |
Lease assets obtained in exchange for new lease liabilities |  |  |  | $ | 270 |
Schedule of Contractually Guaranteed Minimum Fees | At December 28, 2019, the future minimum lease payments under the terms of these noncancelable operating lease agreements are as follows (in millions):
|  |  |  | December 28, 2019
Remainder of Fiscal 2020 |  |  |  | $ | 127 |
Fiscal 2021 |  |  |  | 484 |
Fiscal 2022 |  |  |  | 425 |
Fiscal 2023 |  |  |  | 356 |
Fiscal 2024 |  |  |  | 301 |
Thereafter |  |  |  | 707 |
Total lease payments |  |  |  | 2,400 |
Less: interest |  |  |  | (243) |
Total lease liabilities |  |  |  | $ | 2,157 |
At December 28, 2019, the future minimum sublease income under the terms of these noncancelable operating lease agreements are as follows (in millions):
|  |  |  | December 28, 2019
Remainder of Fiscal 2020 |  |  |  | $ | 1 |
Fiscal 2021 |  |  |  | 6 |
Fiscal 2022 |  |  |  | 5 |
Fiscal 2023 |  |  |  | 5 |
Fiscal 2024 |  |  |  | 4 |
Thereafter |  |  |  | 16 |
Total sublease income |  |  |  | $ | 37 |
Additionally, the Company had approximately $94 million of future payment obligations related to executed lease agreements for which the related lease has not yet commenced as of December 28, 2019.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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