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Share-Based Compensation (Tables) | 12 Months Ended
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Mar. 27, 2021
Share-based Payment Arrangement [Abstract] |
Option Activity and Information about Options Outstanding | The following table summarizes the share options activity during Fiscal 2021, and information about options outstanding at March 27, 2021:
| Number of Options |  | Weighted Average Exercise price |  | Weighted Average Remaining Contractual Life (years) |  | Aggregate Intrinsic Value (in millions)
Outstanding at March 28, 2020 | 2,071,096 |  |  | $ | 50.66 |  |  |  |  |
Granted | — |  |  | $ | — |  |  |  |  |
Exercised | (446,564) |  |  | $ | 6.06 |  |  |  |  |
Canceled/forfeited | (474,272) |  |  | $ | 61.73 |  |  |  |  |
Outstanding at March 27, 2021 | 1,150,260 |  |  | $ | 63.42 |  |  | 1.67 |  | $ | 4 |
Vested or expected to vest at March 27, 2021 | 1,150,260 |  |  | $ | 63.42 |  |  | 1.67 |  |
Vested and exercisable at March 27, 2021 | 1,014,945 |  |  | $ | 64.01 |  |  | 1.37 |  | $ | 4 |
Assumptions Used to Estimate Fair Value of Options | The following table represents assumptions used to estimate the fair value of options for the fiscal year ended March 30, 2019:
|  |  |  |  |  | March 30, 2019
Expected dividend yield |  |  |  |  |  | 0.0 | %
Volatility factor |  |  |  |  |  | 36.9 | %
Weighted average risk-free interest rate |  |  |  |  |  | 2.8 | %
Expected life of option |  |  |  |  |  | 4.85 years
Restricted Share Unit Activity | The following table summarizes the RSU activity during Fiscal 2021:
| Service-based |  | Performance-based
| Number of Restricted Stock Units |  | Weighted Average Grant Date Fair Value |  | Number of Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Unvested at March 28, 2020 | 4,311,683 |  |  | $ | 40.34 |  |  | 772,172 |  |  | $ | 49.13 |
Granted | 2,349,594 |  |  | $ | 19.21 |  |  | 12,318 |  |  | $ | 39.43 |
Change due to performance conditions | — |  |  | $ | — |  |  | 43,661 |  |  | $ | 57.70 |
Vested | (1,354,285) |  |  | $ | 41.46 |  |  | (102,078) |  |  | $ | 34.68 |
Canceled/forfeited | (411,475) |  |  | $ | 40.18 |  |  | (144,414) |  |  | $ | 61.07 |
Unvested at March 27, 2021 | 4,895,517 |  |  | $ | 29.91 |  |  | 581,659 |  |  | $ | 49.17 |
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs | The following table summarizes compensation expense attributable to share-based compensation for Fiscal 2021, Fiscal 2020 and Fiscal 2019 (in millions):
| Fiscal Years Ended
| March 27, 2021 |  | March 28, 2020 |  | March 30, 2019
Share-based compensation expense | $ | 70 |  |  | $ | 70 |  |  | $ | 60 |
Tax benefits related to share-based compensation expense | $ | 12 |  |  | $ | 7 |  |  | $ | 11 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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