Income Taxes (Tables)

12 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Sources Of Income Before Income Taxes Classified Between Domestic And Foreign Entities

The sources of income (loss) from continuing operations, before income taxes, classified between domestic entities and those entities domiciled outside of the U.S., are as follows:

	Fiscal Years Ended
(in millions)	March 31, 2017			April 1, 2016			April 3, 2015
Domestic entities	$	(157	)	$	(222	)	$	(761	)
Entities outside the U.S.	(17		)	232			90
Total	$	(174	)	$	10		$	(671	)

Components Of Income Tax Provision

The income tax (benefit) expense on income (loss) from continuing operations is comprised of:

	Fiscal Years Ended
(in millions)	March 31, 2017			April 1, 2016			April 3, 2015
Current:
Federal	$	(32	)	$	(79	)	$	(123	)
State	14			(22		)	(43		)
Foreign	36			59			94
	18			(42		)	(72		)
Deferred:
Federal	(7		)	(39		)	(76		)
State	(1		)	48			(14		)
Foreign	(84		)	(29		)	(302		)
	(92		)	(20		)	(392		)
Total income tax (benefit) expense	$	(74	)	$	(62	)	$	(464	)

Federal Statutory Tax Rate To Effective Tax Rate Reconciliation

The major elements contributing to the difference between the U.S. federal statutory tax rate of 35% and the effective tax rate ("ETR") for continuing operations are as follows:

	Fiscal Years Ended
	March 31, 2017		April 1, 2016		April 3, 2015
Statutory rate	(35.0	)%	35.0	%	(35.0	)%
State income tax, net of federal tax	(4.0	)	(145.7	)	(4.1	)
Change in uncertain tax positions	(3.4	)	(685.0	)	(0.7	)
Foreign tax rate differential	(41.1	)	(377.4	)	(52.4	)
Capitalized transaction costs	12.1		22.3		—
Change in valuation allowances	34.3		743.6		13.4
Excess tax benefits for stock compensation	(11.3	)	(230.0	)	(0.1	)
Prepaid tax asset amortization	7.1		78.8		(1.1	)
Income Tax Credits	(2.0	)	(58.0	)	(0.8	)
Other items, net	0.8		(3.6	)	11.6
Effective tax rate	(42.5	)%	(620.0	)%	(69.2	)%

Components Of Deferred Tax Assets and Liabilities

The deferred tax assets (liabilities) were as follows:

	As of
(in millions)	March 31, 2017			April 1, 2016
Deferred tax assets
Employee benefits	$	172		$	153
Tax loss/credit carryforwards	1,307			1,158
Accrued interest	16			20
Contract accounting	89			110
Other assets	83			56
Total deferred tax assets	1,667			1,497
Valuation allowance	(1,094		)	(1,036		)
Net deferred tax assets	573			461
Deferred tax liabilities
Depreciation and amortization	(282		)	(183		)
Investment basis differences	(103		)	(91		)
Other liabilities	(45		)	(23		)
Total deferred tax liabilities	(430		)	(297		)
Total net deferred tax assets	$	143		$	164

Schedule of Deferred Tax Assets and Liabilities

Income tax related assets are included in the accompanying consolidated balance sheets were as follows:

	As of
(in millions)	March 31, 2017		April 1, 2016
Current:
Income tax receivables	$	146	$	60
	$	146	$	60
Non-current:
Income taxes receivable and prepaid taxes	$	50	$	81
Deferred tax assets	381		345
	$	431	$	426
Total	$	577	$	486

Income tax related liabilities are included in the accompanying balance sheet as follows:

	As of
(in millions)	March 31, 2017			April 1, 2016
Current:
Liability for uncertain tax positions	$	(17	)	$	(18	)
Income taxes payable	(21		)	(22		)
	$	(38	)	$	(40	)
Non-current:
Deferred tax liabilities	(238		)	(181		)
Liability for uncertain tax positions	(185		)	(175		)
	$	(423	)	$	(356	)
Total	$	(461	)	$	(396	)

Summary of Operating Loss Carryforwards

The following table provides information on the Company's various tax carryforwards:

	As of March 31, 2017							As of April 1, 2016
(in millions)	Total		With No Expiration		With Expiration		Expiration Dates Through	Total		With No Expiration		With Expiration		Expiration Dates Through
Net operating loss carryforwards
Federal	$	65	$	—	$	65	2037	$	42	$	—	$	42	2035
State	$	911	$	—	$	911	2037	$	556	$	—	$	556	2035
Foreign	$	4,608	$	4,537	$	71	2036	$	4,045	$	3,986	$	59	2028
Tax credit carryforwards
Federal	$	7	$	—	$	7	2024	$	7	$	—	$	7	2024
State	$	45	$	10	$	35	2026	$	42	$	10	$	32	2026
Foreign	$	10	$	—	$	10	2020	$	—	$	—	$	—	N/A
Capital loss carryforwards
Federal	$	—	$	—	$	—	N/A	$	—	$	—	$	—	N/A
State	$	289	$	—	$	289	2018	$	258	$	—	$	258	2018
Foreign	$	235	$	235	$	—	N/A	$	73	$	73	$	—	N/A

Summary of Tax Credit Carryforwards

The following table provides information on the Company's various tax carryforwards:

	As of March 31, 2017							As of April 1, 2016
(in millions)	Total		With No Expiration		With Expiration		Expiration Dates Through	Total		With No Expiration		With Expiration		Expiration Dates Through
Net operating loss carryforwards
Federal	$	65	$	—	$	65	2037	$	42	$	—	$	42	2035
State	$	911	$	—	$	911	2037	$	556	$	—	$	556	2035
Foreign	$	4,608	$	4,537	$	71	2036	$	4,045	$	3,986	$	59	2028
Tax credit carryforwards
Federal	$	7	$	—	$	7	2024	$	7	$	—	$	7	2024
State	$	45	$	10	$	35	2026	$	42	$	10	$	32	2026
Foreign	$	10	$	—	$	10	2020	$	—	$	—	$	—	N/A
Capital loss carryforwards
Federal	$	—	$	—	$	—	N/A	$	—	$	—	$	—	N/A
State	$	289	$	—	$	289	2018	$	258	$	—	$	258	2018
Foreign	$	235	$	235	$	—	N/A	$	73	$	73	$	—	N/A

Liabilities For Uncertain Tax Positions

In accordance with ASC 740, the Company’s liability for uncertain tax positions was as follows:

	Fiscal Years Ended
(in millions)	March 31, 2017			April 1, 2016
Tax	$	192		$	180
Interest	25			33
Penalties	11			11
Net of tax attributes	(26		)	(31		)
Total	$	202		$	193

Summary of Income Tax Contingencies

The following table summarizes the activity related to the Company’s uncertain tax positions (excluding interest and penalties and related tax attributes):

	Fiscal Years Ended
(in millions)	March 31, 2017			April 1, 2016			April 3, 2015
Balance at beginning of fiscal year	$	180		$	304		$	298
Gross increases related to prior year tax positions	14			21			45
Gross decreases related to prior year tax positions	(12		)	(101		)	(13		)
Gross increases related to current year tax positions	10			7			12
Settlements and statute of limitation expirations	(7		)	(48		)	(27		)
Acquisitions	6			3			—
Foreign exchange and others	1			(6		)	(11		)
Balance at end of fiscal year	$	192		$	180		$	304

Schedule Of Change Of Interest And Penalties

The following table presents the change in interest and penalties from the previous reported period, as well as the liability at the end of each period presented:

	As of and for the Fiscal Years Ended
	March 31, 2017			April 1, 2016			April 3, 2015
(in millions)	Increase (Decrease)
Interest	$	(8	)	$	(6	)	$	9
Interest, net of tax	$	(9	)	$	(4	)	$	10
Accrued penalties	$	—		$	2		$	(10	)
Liability for interest	$	25		$	33		$	39
Liability for interest, net of tax	$	20		$	29		$	33
Liability for penalties	$	11		$	11		$	9

Tax Examination Status

A summary of the tax years that remain subject to examination in certain of the Company’s major tax jurisdictions are:

Jurisdiction:	Tax Years that Remain Subject to Examination (Fiscal Year Ending):
United States – Federal	2008 and forward
United States – Various States	2008 and forward
Australia	2012 and forward
Canada	2010 and forward
Denmark	2010 and forward
France	2013 and forward
Germany	2010 and forward
India	1998 and forward
United Kingdom	2013 and forward