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Common Stock Repurchase Program
9 Months Ended
Dec. 30, 2017
Common Stock Repurchase Program [Abstract]  
Common Stock and Debentures Repurchase Program [Text Block]
Common Stock Repurchase Program
The Board of Directors has approved stock repurchase programs enabling the Company to repurchase its common stock in the open market or through negotiated transactions with independent financial institutions. On May 16, 2016, the Board authorized the repurchase of up to $1.00 billion of the Company's common stock and debentures (2016 Repurchase Program). The 2016 Repurchase Program has no stated expiration date.
Through December 30, 2017, the Company had used $628.7 million of the $1.00 billion authorized under the 2016 Repurchase Program, leaving $371.3 million available for future repurchases. The Company’s current policy is to retire all repurchased shares, and consequently, no treasury shares were held as of December 30, 2017 and April 1, 2017.

During the first nine months of fiscal year 2018, the Company repurchased 4.7 million shares of common stock in the open market and through accelerated share repurchase agreements with multiple independent financial institutions for a total of $310.8 million. During the first nine months of fiscal year 2017, the Company repurchased 8.0 million shares of common stock in the open market for a total of $414.0 million.