Stock Incentive Plans (Tables)

9 Months Ended

Jan. 02, 2015

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

For the quarters and nine months ended January 2, 2015 and December 27, 2013, the Company recognized stock-based compensation expense as follows:



	Quarter Ended				Nine Months Ended
(Amounts in millions)	January 2, 2015		December 27, 2013		January 2, 2015		December 27, 2013
Cost of services	$	5	$	7	14		$	20
Selling, general and administrative	14		13		40		33
Total	$	19	$	20	$	54	$	53
Total, net of tax	$	12	$	13	$	35	$	34

Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions

In calculating the compensation expense for its stock incentive plans, the Company used the following weighted-average assumptions:



	Nine Months Ended
	January 2, 2015		December 27, 2013
Risk-free interest rate	2.07	%	1.97	%
Expected volatility	33	%	34	%
Expected term (in years)	6.22		6.23
Dividend yield	1.50	%	1.52	%

Disclosure of Share Based Compensation Arrangements by Share Based Payment Award

Information concerning RSUs granted under stock incentive plans is as follows:



	As of January 2, 2015
	Number of Shares		Weighted Average Fair Value per share
Outstanding as of March 28, 2014	3,187,741			$	41.34
Granted	982,278			60.79
Released/Issued	(771,119	)		41.76
Canceled/Forfeited	(604,159	)		41.51
Outstanding as of January 2, 2015	2,794,741			48.02

Information concerning stock options granted under the Company's stock incentive plans is as follows:



	As of January 2, 2015
	Number of Option Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value (millions)
Outstanding as of March 28, 2014	9,829,611		$	43.30	5.73	$	167
Granted	1,331,361		60.88
Exercised	(3,507,145	)	44.81			62
Canceled/Forfeited	(808,695	)	41.39
Expired	(54,969	)	45.31
Outstanding as of January 2, 2015	6,790,163		46.18		5.92	116
Vested and expected to vest in the future as of January 2, 2015	6,622,324		45.92		5.84	115
Exercisable as of January 2, 2015	4,134,127		44.48		4.15	78

Information concerning RSUs granted to non-employee directors is as follows:



	As of January 2, 2015
	Number of Shares		Weighted Average Fair Value per share
Outstanding as of March 28, 2014	184,146			$	42.07
Granted	22,100			59.63
Released/Issued	(62,260	)		44.10
Canceled/Forfeited	—			—
Outstanding as of January 2, 2015	143,986			43.88

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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