v3.26.3
Share-Based Compensation (Tables)
6 Months Ended
Sep. 26, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Award, Valuation Assumptions The assumptions used as inputs to the simulation model and the resulting weighted average grant date fair value are as follows:
September 26,
2026
Expected volatility48.7 %
Expected dividend yield— %
Risk-free interest rate3.8 %
Weighted-average grant date fair value$29.29
Schedule of Option Activity and Information about Options Outstanding
The following table summarizes the Company’s share-based compensation activity during the six months ended September 26, 2026:
Service-Based RSUs
Performance-Based RSUs (1)
Outstanding/Unvested at March 28, 2026
2,609,707 162,954 
Granted1,791,378 235,043 
Vested(1,168,166)(113,580)
Change due to performance conditions, net— (49,374)
Canceled/Forfeited(275,552)— 
Outstanding/Unvested at September 26, 2026
2,957,367 235,043 
(1)Inclusive of FCF and TSR performance-based RSUs.
Schedule of Compensation Expense Attributable to Share-Based Compensation
The following table summarizes compensation expense attributable to share-based compensation for the three and six months ended September 26, 2026 and September 27, 2025 (in millions):
Three Months EndedSix Months Ended
September 26,
2026
September 27,
2025
September 26,
2026
September 27,
2025
Share-based compensation expense$7 $7 $20 $21 
Tax benefit related to share-based compensation expense$1 $1 $1 $1