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Fair Value (Tables)
6 Months Ended
Oct. 03, 2014
Fair Value [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present the Company’s assets and liabilities, excluding pension assets, that are measured at fair value on a recurring basis as of October 3, 2014 and March 28, 2014:
 
 
As of October 3, 2014
 
 
 
 
Fair Value Hierarchy
(Amounts in millions)
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Money market funds and money market deposit accounts
 
$
297

 
$
297

 
$

 
$

Time deposits
 
501

 
501

 

 

Derivative instruments
 
7

 

 
7

 

Total assets
 
$
805

 
$
798

 
$
7

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Derivative instruments
 
$
11

 
$

 
$
11

 
$

Total liabilities
 
$
11

 
$

 
$
11

 
$

    
 
 
As of 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

 

 

Derivative instruments
 
5

 

 
5

 

Total assets
 
$
1,415

 
$
1,410

 
$
5

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Derivative instruments
 
$
4

 
$

 
$
4

 
$

Total liabilities
 
$
4

 
$

 
$
4

 
$