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Derivative Financial Instruments (Tables) | 3 Months Ended
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Jun. 28, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Contracts Recorded on Gross Basis in Consolidated Balance Sheets | The following table details the fair value of the Company’s derivative contracts, which are recorded on a gross basis in the consolidated balance sheets as of June 28, 2025 and March 29, 2025 (in millions):
|  |  |  |  | Fair Value |  |
| Notional Amounts |  | Assets |  | Liabilities |  |
| June 28, 2025 |  | March 29, 2025 |  | June 28, 2025 |  | March 29, 2025 |  | June 28, 2025 |  | March 29, 2025 |
Designated forward foreign currency exchange contracts | $ | 79 |  |  | $ | 50 |  |  | $ | — |  |  | $ | — |  |  | $ | 6 |  | (1) |  | $ | 2 |  | (1) |
Designated net investment hedges | 5,864 |  |  | 5,864 |  |  | — |  |  | — |  |  | 874 |  | (2) |  | 289 |  | (2) |
Total | $ | 5,943 |  |  | $ | 5,914 |  |  | $ | — |  |  | $ | — |  |  | $ | 880 |  |  |  | $ | 291 |  |  |
(1)Recorded within accrued expenses and other current liabilities on the Company’s consolidated balance sheets. (2)As of June 28, 2025, the Company recorded $46 million within accrued expenses and other current liabilities and $828 million within other long-term liabilities on the Company’s consolidated balance sheets. As of March 29, 2025, the Company recorded $12 million within accrued expenses and other current liabilities and $277 million within other long-term liabilities on the Company’s consolidated balance sheets.
Schedule of Derivative Instruments on The Balance Sheets, Net Basis | However, if the Company were to offset and record the asset and liability balances for its derivative instruments on a net basis in accordance with the terms of its master netting arrangements, which provide for the right to set-off amounts for similar transactions denominated in the same currencies and with the same banks, the resulting impact as of June 28, 2025 and March 29, 2025 would be as follows (in millions):
| Forward Currency Exchange Contracts |  | Net Investment Hedges |  |  |  |
| June 28, 2025 |  | March 29, 2025 |  | June 28, 2025 |  | March 29, 2025 |  |  |  |  |  |  |  |
Liabilities subject to master netting arrangements | $ | 6 |  |  | $ | 2 |  |  | $ | 874 |  |  | $ | 289 |  |  |  |  |  |  |  |  |
Derivative liabilities, net | $ | 6 |  |  | $ | 2 |  |  | $ | 874 |  |  | $ | 289 |  |  |  |  |  |  |  |  |
Schedule of Reclassification out of Accumulated Other Comprehensive Income | The following table summarizes the pre-tax impact of the losses on the Company’s designated net investment hedges (in millions):
|  |  | Three Months Ended
|  |  |  |  | June 28, 2025 |  | June 29, 2024
|  |  |  |  | Pre-Tax Losses Recognized in OCI |  | Pre-Tax Losses Recognized in OCI
Designated net investment hedges |  |  |  |  | $ | (585) |  |  | $ | (26) |
For the three months ended June 28, 2025 and June 29, 2024, there was no pre-tax activity recorded within the consolidated statements of operations and comprehensive income (loss) related to designated forward foreign currency exchange contracts.

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