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Common Stock Repurchase Program
6 Months Ended
Sep. 29, 2018
Stockholders' Equity Note [Abstract]  
Common Stock and Debentures Repurchase Program [Text Block]
Common Stock Repurchase Program

The Board of Directors (Board) 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. On May 16, 2018, the Board authorized the 2018 Repurchase Program to repurchase the Company's common stock and debentures up to $500.0 million (2018 Repurchase Program).

Through September 29, 2018, the Company had used $952.7 million of the $1.00 billion authorized under the 2016 Repurchase Program, leaving $47.3 million available for future repurchases. The Company has not used any of the amount authorized under the 2018 Repurchase Program. The Company’s current policy is to retire all repurchased shares, and consequently, no treasury shares were held as of September 29, 2018 and March 31, 2018.

During the first six months of fiscal 2019, the Company repurchased 2.4 million shares of common stock in the open market with independent financial institutions for a total of $160.0 million and during the first six months of fiscal 2018, the Company repurchased 3.7 million shares of common stock in the open market and through accelerated share repurchase agreements with an independent financial institution for a total of $237.5 million.