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Fair Value (Tables)
12 Months Ended
Mar. 28, 2014
Fair Value [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents the Company’s assets and liabilities, excluding pension assets (see Note 14), that are measured at fair value on a recurring basis as of March 28, 2014 and March 29, 2013:
 
 
March 28, 2014
 
 
 
 
Fair Value Hierarchy
(Amounts in millions)
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Money market funds and money market deposit accounts
 
$
717

 
$
717

 
$

 
$

Time deposits
 
693

 
693

 

 

Short term investments
 

 

 

 

Foreign currency derivative instruments
 
2

 

 
2

 

Interest rate swaps
 
$
3

 
$

 
$
3

 

Total assets
 
$
1,415

 
$
1,410

 
$
5

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Foreign currency derivative instruments
 
$
4

 
$

 
$
4

 
$

Total liabilities
 
$
4


$


$
4


$


 
 
March 29, 2013
 
 
 
 
Fair Value Hierarchy
(Amounts in millions)
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Money market funds and money market deposit accounts
 
$
464

 
$
464

 
$

 
$

Time deposits
 
393

 
393

 

 

Short term investments
 
6

 
6

 

 

Foreign currency derivative instruments
 
5

 

 
5

 

Total assets
 
$
868

 
$
863

 
$
5

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Foreign currency derivative instruments
 
$
11

 
$

 
$
11

 
$

Total liabilities
 
$
11

 
$

 
$
11

 
$