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Fair Value (Tables)
6 Months Ended
Oct. 02, 2015
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 2, 2015 and April 3, 2015:
 
 
As of October 2, 2015
 
 
 
 
Fair Value Hierarchy
(Amounts in millions)
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Money market funds and money market deposit accounts
 
$
355

 
$
355

 
$

 
$

Time deposits
 
451

 
451

 

 

Derivative instruments
 
17

 

 
17

 

Total assets
 
$
823

 
$
806

 
$
17

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Derivative instruments
 
$
17

 
$

 
$
17

 
$

Contingent consideration for an acquisition
 
(21
)
 

 

 
(21
)
Total liabilities
 
$
(4
)
 
$

 
$
17

 
$
(21
)
    
 
 
As of April 3, 2015
 
 
 
 
Fair Value Hierarchy
(Amounts in millions)
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Money market funds and money market deposit accounts
 
$
344

 
$
344

 
$

 
$

Time deposits
 
411

 
411

 

 

Derivative instruments
 
20

 

 
20

 

Total assets
 
$
775

 
$
755

 
$
20

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Derivative instruments
 
$
5

 
$

 
$
5

 
$

Total liabilities
 
$
5

 
$

 
$
5

 
$