v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 03, 2026
Apr. 03, 2026
Current assets:    
Cash, cash equivalents and restricted cash $ 564 $ 411
Accounts receivable, net 378 361
Other current assets 286 295
Assets held for sale 40 14
Total current assets 1,268 1,081
Property and equipment, net 70 71
Intangible assets, net 2,046 2,096
Goodwill 10,938 10,996
Deferred income tax assets 1,135 1,153
Other long-term assets 187 192
Total assets 15,644 15,589
Current liabilities:    
Accounts payable 96 96
Accrued compensation and benefits 75 115
Current portion of long-term debt 181 181
Contract liabilities 1,843 1,904
Other current liabilities 527 414
Total current liabilities 2,722 2,710
Long-term debt 7,975 8,015
Long-term contract liabilities 76 73
Deferred income tax liabilities 190 198
Long-term income taxes payable 1,614 1,588
Other long-term liabilities 411 394
Total liabilities 12,988 12,978
Commitments and contingencies (Note 15)
Stockholders’ equity (deficit):    
Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 599 and 598 shares issued and outstanding as of July 3, 2026 and April 3, 2026, respectively 2,354 2,341
Accumulated other comprehensive income (loss) (7) 1
Retained earnings (accumulated deficit) 309 269
Total stockholders’ equity (deficit) 2,656 2,611
Total liabilities and stockholders’ equity (deficit) $ 15,644 $ 15,589