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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Apr. 01, 2016
Apr. 03, 2015
Mar. 28, 2014
Excess tax benefits $ 62    
Cash flows from operating activities:      
Net income [1],[3] 263 [2] $ 17 [4] $ 968 [4]
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization [1] 767 977 1,018
Pension & other postemployment benefits, actuarial & settlement losses (gains) [1] 92 782 (259)
Stock-based compensation [1] 45 68 73
Deferred taxes [1] (37) (449) 169
Gain on dispositions [1] (41) (22) (85)
Provision for losses on accounts receivable [1] 6 2 4
Unrealized foreign currency exchange losses (gains) [1] 43 (4) (29)
Impairment losses and contract write-offs [1] 2 0 3
Debt extinguishment costs [1] 95 [2] 0 [4] 0 [4]
Cash surrender value in excess of premiums paid [1] (10) (9) (8)
Other non-cash charges, net [1] 0 39 55
Changes in assets and liabilities, net of effects of acquisitions and dispositions:      
Decrease in receivables [1] 129 237 168
Increase in prepaid expenses and other assets [1] (15) (36) (40)
Decrease in accounts payable and accrued expenses [1] (357) (313) (540)
(Decrease) increase in accrual for SEC settlement related charges [1] (190) 190 0
Increase (decrease) in income taxes payable and income tax liability [1] 58 (33) 119
(Decrease) increase in advanced contract payments and deferred revenue [1] (37) 11 2
Other operating activities, net [1] (11) 16 (41)
Net cash provided by operating activities [1] 802 1,473 1,577
Cash flows from investing activities:      
Purchases of property and equipment [1] (356) (381) (420)
Payments for outsourcing contract costs [1] (101) (68) (71)
Short-term investing [1] (70) 0 0
Software purchased and developed [1] (184) (199) (197)
Payments for acquisitions, net of cash acquired [1] (554) (49) (190)
Business dispositions [1] 37 (13) 248
Proceeds from sale of assets [1] 61 155 38
Other investing activities, net [1] (13) 19 26
Net cash used in investing activities [1] (1,180) (536) (566)
Cash flows from financing activities:      
Borrowings of commercial paper [1] 821 0 0
Repayments of commercial paper [1] (263) 0 0
Borrowings under lines of credit and short-term debt [1] 2,206 0 439
Repayment of borrowings under lines of credit [1] (1,825) (32) 0
Borrowing on long-term debt, net of discount [1] 928 0 0
Principal payments on long-term debt [1] (1,869) (242) (492)
Proceeds from stock options and other common stock transactions [1] 82 196 214
Taxes paid related to net share settlements of stock-based compensation awards [1] (48) (22) (9)
Debt extinguishment costs [1] (95) 0 0
Repurchase of common stock and advance payment for accelerated share repurchase [1] (73) (842) (521)
Dividend payments [1] (430) (128) (119)
Borrowings for CSRA spin transaction [1] 1,508 0 0
Transfers of cash to CSRA upon separation [1] (1,440) 0 0
Payment of contingent consideration [1] 0 0 (98)
Other financing activities, net [1] 13 (8) (30)
Net cash used in financing activities [1] (485) (1,078) (616)
Effect of exchange rate changes on cash and cash equivalents [1] (57) (204) (6)
Net (decrease) increase in cash and cash equivalents [1] (920) (345) 389
Cash and cash equivalents at beginning of year [1],[5] 2,098 2,443 2,054
Cash and cash equivalents at end of year [1],[5] 1,178 2,098 2,443
Stock Options      
Excess tax benefits $ 23 $ 18 $ 8
[1] Due to the adoption of ASU 2016-09 certain balances related to employee stock-based compensation were adjusted retrospectively as discussed in Note 1 .
[2] Due to the adoption of ASU 2016-09 certain balances related to excess tax benefits from stock compensation were adjusted prospectively as described in Note 1.
[3] Prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes as described in Note 1.
[4] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes as described in Note 1 and to give effect to discontinued operations as described in Note 4.
[5] As a result of the Separation, the Consolidated Condensed Statements of Operations, Consolidated Condensed Balance Sheets, and related financial information reflect CSRA's operations and assets and liabilities as discontinued operations for all periods presented. The cash flows and comprehensive income of CSRA have not been segregated and are included in the Consolidated Condensed Statements of Cash Flows and Consolidated Condensed Statements of Comprehensive Income (Loss) for all periods presented. See Note 4.