Fair Value Measurements (Tables)

6 Months Ended

Sep. 26, 2026

Schedule of Fair Value Measured and Recorded on a Recurring Basis

All derivative contracts are measured and recorded at fair value on a recurring basis and are categorized in Level 2 of the fair value hierarchy, as shown in the following table (in millions):


	Fair value at September 26, 2026 using:						Fair value at March 28, 2026 using:
	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Derivative assets:
Forward foreign currency exchange contracts	$	—	$	3	$	—	$	—	$	2	$	—



Total derivative assets	$	—	$	3	$	—	$	—	$	2	$	—

Derivative liabilities:

Net investment hedges	$	—	$	763	$	—	$	—	$	840	$	—


Total derivative liabilities	$	—	$	763	$	—	$	—	$	840	$	—

Fair Value Measurements, Nonrecurring

The following table details the carrying values and fair values of the Company’s assets that have been impaired during the three and six months ended September 26, 2026 and the three and six months ended September 27, 2025 (in millions):


	Three and Six Months Ended September 26, 2026						Three and Six Months Ended September 27, 2025
	Carrying Value Prior to Impairment		Fair Value		Impairment Charge		Carrying Value Prior to Impairment		Fair Value		Impairment Charge
Operating lease right-of-use assets	$	18	$	8	$	10	$	43	$	27	$	16
Property and equipment, net	4		2		2		8		3		5
Total	$	22	$	10	$	12	$	51	$	30	$	21