XML 74 R56.htm IDEA: XBRL DOCUMENT

Commitments and Contingencies (Tables)

12 Months Ended

Apr. 01, 2016

Commitments and Contingencies Disclosure [Abstract]

Minimum fixed rentals required for the next five years and thereafter under operating leases in effect at April 1, 2016, were as follows:



Fiscal Year
(Amounts in millions)	Real Estate		Equipment
2017	$	114	$	27
2018	87		16
2019	73		7
2020	53		3
2021	19		1
Thereafter	54		—
	$	400	$	54

Expiration of financial guarantees

The following table summarizes the expiration of the Company’s financial guarantees and stand-by letters of credit outstanding as of April 1, 2016:



(Amounts in millions)	Fiscal 2017		Fiscal 2018		Fiscal 2019 and thereafter		Total
Surety bonds	$	19	$	—	$	—	$	19
Letters of credit	36		2		33		71
Stand-by letters of credit	31		—		17		48
Total	$	86	$	2	$	50	$	138

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details