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Derivative Instruments (Tables)
12 Months Ended
Apr. 01, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the fair values of derivative instruments included on the Consolidated Balance Sheets as of April 1, 2016 and April 3, 2015:
 
 
Derivative Assets
 
Derivative Liabilities
(Amounts in millions)
 
Balance Sheet line item
 
As of April 1, 2016
 
As of April 3, 2015
 
Balance Sheet line item
 
As of April 1, 2016
 
As of April 3, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives designated for hedge accounting:
 
 
 
 
 
 
 
 
Interest rate
 
Other assets
 
$

 
$
18

 
Other long-term liabilities
 
$

 
$

Foreign Currency forward contracts
 
Prepaid expenses and other current assets
 
3

 
1

 
Accrued expenses and other current liabilities
 
4

 
3

Total fair value of derivatives designated for hedge accounting
 
$
3

 
$
19

 
 
 
$
4

 
$
3

 
 
 
 
 
 
 
 
 
Derivatives not designated for hedge accounting:
 
 
 
 
 
 
 
 
Foreign Currency forward contracts
 
Prepaid expenses and other current assets
 
$
12

 
$
1

 
Accrued expenses and other current liabilities
 
$
7

 
$
2

Total fair value of derivatives not designated for hedge accounting
 
$
12

 
$
1

 
 
 
$
7

 
$
2

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following table presents the pre-tax gains (losses) related to the fair value hedges and the related hedged items, for the twelve months ended April 1, 2016 and April 3, 2015, respectively:
 
 
Derivative Instrument
 
Hedged Item
(Amounts in millions)
 
Statements of Operations line item
Gain for the
Twelve Months Ended
 
Balance Sheet line item
 
(Loss) for the
Twelve Months Ended
 
 
 
April 1, 2016
 
April 3, 2015
 
 
 
April 1, 2016
 
April 3, 2015
Interest rate swaps
 
Other Income
$
5

 
$
15

 
Long-term debt, net of current maturities
 
$
(5
)
 
$
(15
)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The table below presents the pre-tax gains (losses) associated with the cash flow hedges, recognized in AOCI:
(Amounts in millions)
Gain (Loss) recognized in AOCI (effective portion) for the Twelve Months Ended
 
Gain (Loss) reclassified into cost of services from AOCI (effective portion) for the Twelve Months Ended
 
Gain (Loss) recognized in Other Income (Expense) (ineffective portion) for the Twelve Months Ended
 
April 1, 2016
Foreign currency forward and option contracts
 
 
$
1

 
 
 
$

 
 
 
$

 
April 3, 2015
Foreign currency forward and option contracts
 
 
$
(2
)
 
 
 
$

 
 
 
$

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following table presents the pretax amounts impacting income related to derivatives not designated for hedge accounting for the years ended April 1, 2016, April 3, 2015, and March 28, 2014 respectively:
 
 
 
 
Twelve Months Ended
(Amounts in millions)
 
Statement of Operations line item
 
April 1, 2016
 
April 3, 2015
 
March 28, 2014
Total return swaps
 
Cost of services and Selling, general & administrative
 
$

 
$
8

 
$

Foreign currency forwards and options
 
Other income (expense), net
 
(19
)
 
(9
)
 
(15
)
Total
 
 
 
$
(19
)
 
$
(1
)
 
$
(15
)
Schedule of Assets, Not Offset
The following table provides information about the potential effect of such netting arrangements on the Company's derivative instruments:
 
 
Fair Value as of
 
 
April 1, 2016
 
April 3, 2015
(Amounts in millions)
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amount of derivative instruments recognized in consolidated balance sheets
 
$
15

 
$
11

 
$
20

 
$
5

Gross amounts not offset in the consolidated balance sheets (1)
 
3

 
1

 

 

Net amount
 
$
12

 
$
10

 
$
20

 
$
5



(1) 
These amounts represent the fair value of derivative instruments subject to enforceable master netting arrangements that the Company has elected to not offset. The Company's derivative contracts do not require it to hold or post financial collateral.

Schedule of Liabilities, Not Offset
The following table provides information about the potential effect of such netting arrangements on the Company's derivative instruments:
 
 
Fair Value as of
 
 
April 1, 2016
 
April 3, 2015
(Amounts in millions)
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amount of derivative instruments recognized in consolidated balance sheets
 
$
15

 
$
11

 
$
20

 
$
5

Gross amounts not offset in the consolidated balance sheets (1)
 
3

 
1

 

 

Net amount
 
$
12

 
$
10

 
$
20

 
$
5