Derivative Instruments (Tables)

9 Months Ended

Jan. 02, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair values of derivative instruments included in the Consolidated Condensed Balance Sheets

The following table presents the fair values of derivative instruments included on the unaudited Consolidated Condensed Balance Sheets as of January 2, 2015 and March 28, 2014:

	Derivative Assets					Derivative Liabilities
(Amounts in millions)	Balance sheet line item	As of January 2, 2015		As of March 28, 2014		Balance sheet line item	As of January 2, 2015		As of March 28, 2014
Derivatives designated for hedge accounting:
Interest rate	Other assets	$	13	$	3	Other long-term liabilities	$	—	$	—
Foreign Currency forward contracts	Prepaid expense and other current assets	—		—		Accrued expenses and other current liabilities	8		—
Total fair value of derivatives designated for hedge accounting		$	13	$	3		$	8	$	—
Derivatives not designated for hedge accounting:
Foreign Currency forward contracts	Prepaid expense and other current assets	$	—	$	2	Accrued expenses and other current liabilities	$	4	$	4
Total fair value of derivatives not designated for hedge accounting		$	—	$	2		$	4	$	4

Schedule of pre-tax gains (losses) related to the fair value hedges and the related hedged items

The following table presents the pre-tax gains (losses) related to the fair value hedges and the related hedged items for the quarters ended January 2, 2015 and December 27, 2013, respectively:

	Derivative Instrument						Hedged Item
(Amounts in millions)	Statement of Operations line item	Gain (Loss) for the Quarter Ended					Balance Sheet line item	Gain (Loss) for the Quarter Ended
		January 2, 2015		December 27, 2013				January 2, 2015			December 27, 2013
Interest rate swaps	Other Income (Expense)	$	6	$	(6	)	Debt	$	(6	)	$	6

The following table presents the pre-tax gains (losses) related to the fair value hedges and the related hedged items, for the nine months ended January 2, 2015 and December 27, 2013, respectively:

	Derivative Instrument					Hedged Item
(Amounts in millions)	Statement of Operations line item	Gain (Loss) for the Nine Months Ended				Balance Sheet line item	Gain (Loss) for the Nine Months Ended
		January 2, 2015		December 27, 2013			January 2, 2015			December 27, 2013
Interest rate swaps	Other Income (Expense)	$	10	$	—	Debt	$	(10	)	$	—

Schedule of pre-tax gains (losses) associated with the cash flow hedges, recognized in accumulated OCI

The following table presents the pre-tax gains (losses) associated with the cash flow hedges, recognized in accumulated OCI, for the quarters ended January 2, 2015 and December 27, 2013, respectively:

(Amounts in millions)	Gain (Loss) recognized in Accumulated OCI (effective portion) for the Quarter Ended					Gain (Loss) reclassified into cost of services from Accumulated OCI (effective portion) for the Quarter Ended				Gain (loss) recognized in Other Income (Expense) (ineffective portion) for the Quarter Ended
	January 2, 2015			December 27, 2013		January 2, 2015		December 27, 2013		January 2, 2015		December 27, 2013
Foreign currency forward and option contracts	$	(2	)	$	—	$	—	$	—	$	—	$	—

The following table presents the pre-tax gains (losses) associated with the cash flow hedges, recognized in accumulated OCI, for the nine months ended January 2, 2015 and December 27, 2013, respectively:

(Amounts in millions)	Gain (Loss) recognized in Accumulated OCI (effective portion) for the Nine Months Ended					Gain (Loss) reclassified into cost of services from Accumulated OCI (effective portion) for the Nine Months Ended				Gain (loss) recognized in Other Income (Expense) (ineffective portion) for the Nine Months Ended
	January 2, 2015			December 27, 2013		January 2, 2015		December 27, 2013		January 2, 2015		December 27, 2013
Foreign currency forward and option contracts	$	(8	)	$	—	$	—	$	—	$	—	$	—

Schedule of pretax amounts affecting income related to derivatives not designated for hedge accounting

The following table presents the pretax amounts affecting income related to derivatives not designated for hedge accounting for the quarters ended January 2, 2015 and December 27, 2013, respectively:

		Quarter Ended				Nine Months Ended
(Amounts in millions)	Statement of Operations line item	January 2, 2015		December 27, 2013		January 2, 2015			December 27, 2013
Total return swaps	Cost of services and Selling, general & administrative expenses	$	3	$	—	$	7		$	—
Foreign currency forwards and options	Other Income (Expense)	—		2		(5		)	(14		)
Total		$	3	$	2	$	2		$	(14	)