v3.26.1
SHARE-BASED COMPENSATION AND WARRANTS (Tables)
3 Months Ended
Jun. 26, 2026
Share-Based Payment Arrangement, Recognized Amount [Abstract]  
Schedule of Share-based Compensation Expense
The following table summarizes the Company’s share-based compensation expense for the 2017 Plan:
Three-Month Periods Ended
June 26, 2026June 27, 2025
(In millions)
Cost of sales$$
Selling, general and administrative expenses44 26 
Total share-based compensation expense$51 $34 
Schedule of Warrants Valuation Assumptions
The estimated fair value of the Warrant was determined as of the issuance date, using the Black-Scholes option pricing model. The following assumptions were used in the model:
As of August 15, 2025
Expected volatility45.8 %
Expected dividend yield— %
Expected life7 years
Risk-free interest rate4.0 %