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Leases | 12 Months Ended
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Mar. 29, 2025
Leases [Abstract] |
Leases | Leases The following table presents supplemental balance sheet information related to leases (in millions):
|  | Balance Sheet Location |  | March 29, 2025 |  | March 30, 2024
Assets |  |  |  |  |  |
Operating leases |  | Operating lease right-of-use assets |  | $ | 1,213 |  |  | $ | 1,438 |
Liabilities |  |  |  |  |  |
Current: |  |  |  |  |  |
Operating leases |  | Short-term portion of operating lease liabilities |  | $ | 350 |  |  | $ | 400 |
Non-current: |  |  |  |  |  |
Operating leases |  | Long-term portion of operating lease liabilities |  | $ | 1,253 |  |  | $ | 1,452 |
The components of net lease costs for the fiscal year ended March 29, 2025 and March 30, 2024 were as follows (in millions):
|  | Consolidated Statement of Operations and Comprehensive (Loss) Income Location |  | March 29, 2025 |  | March 30, 2024
Operating lease cost |  | Selling, general and administrative expenses |  | $ | 399 |  |  | $ | 402 |
Variable lease cost |  | Selling, general and administrative expenses |  | 183 |  |  | 201 |
Short-term lease cost |  | Selling, general and administrative expenses |  | 4 |  |  | 3 |
Sublease income |  | Selling, general and administrative expenses |  | (8) |  |  | (7) |
Total lease cost, net |  |  |  | $ | 578 |  |  | $ | 599 |
The following table presents the Company’s supplemental cash flow information related to leases (in millions):
|  |  |  | March 29, 2025 |  | March 30, 2024
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows used in operating leases |  | $ | 494 |  |  | $ | 516 |
Non-cash transactions: |  |  |  |
Lease assets obtained in exchange for new lease liabilities |  | 231 |  |  | 528 |
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 sheets as of March 29, 2025 and March 30, 2024:
|  |  |  | March 29, 2025 |  | March 30, 2024
Operating leases: |  |  |  |
Weighted average remaining lease term (years) |  | 6.4 |  | 6.6
Weighted average discount rate |  | 4.6 | % |  | 4.3 | %
At March 29, 2025, the future minimum lease payments under the terms of these noncancelable operating lease agreements are as follows (in millions):
|  |  |  | March 29, 2025
Fiscal 2026 |  |  |  | $ | 420 |
Fiscal 2027 |  |  |  | 322 |
Fiscal 2028 |  |  |  | 266 |
Fiscal 2029 |  |  |  | 209 |
Fiscal 2030 |  |  |  | 164 |
Thereafter |  |  |  | 501 |
Total lease payments |  |  |  | 1,882 |
Less: interest |  |  |  | (279) |
Total lease liabilities |  |  |  | $ | 1,603 |
At March 29, 2025, the future minimum sublease income under the terms of these noncancelable operating lease agreements are as follows (in millions):
|  |  |  | March 29, 2025
Fiscal 2026 |  |  |  | $ | 6 |
Fiscal 2027 |  |  |  | 5 |
Fiscal 2028 |  |  |  | 3 |
Fiscal 2029 |  |  |  | 1 |
Fiscal 2030 |  |  |  | 1 |
Thereafter |  |  |  | 1 |
Total sublease income |  |  |  | $ | 17 |
Additionally, the Company had approximately $25 million and $55 million of future payment obligations related to executed lease agreements for which the related lease has not yet commenced as of March 29, 2025 and March 30, 2024, respectively. See Note 3 for additional information on the Company’s accounting policies related to leases.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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