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Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2012
Financial Instruments [Abstract]  
Available-for-sale securities
                                                                 
    March 31, 2012     April 2, 2011  
(In thousands)   Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Estimated
Fair Value
    Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Estimated
Fair Value
 

Money market funds

  $ 232,017     $ —       $ —       $ 232,017     $ 275,596     $ —       $ —       $ 275,596  

Bank certificates of deposit

    159,972       —         —         159,972       89,984       —         —         89,984  

Commercial paper

    594,867       1       (1     594,867       710,210       2       (1     710,211  

Corporate bonds

    186,455       3,401       (184     189,672       25,501       69       (4     25,566  

Auction rate securities

    32,600       —         (3,671     28,929       38,250       —         (3,300     34,950  

Municipal bonds

    25,454       734       (28     26,160       16,818       192       (52     16,958  

U.S. government and agency securities

    668,702       360       (149     668,913       206,052       38       (207     205,883  

Foreign government and agency securities

    249,951       —         —         249,951       546,407       7       (16     546,398  

Floating rate notes

    —         —         —         —         91,927       204       (1     92,130  

Mortgage-backed securities

    878,842       15,094       (1,160     892,776       598,046       8,984       (1,363     605,667  

Debt mutual fund

    20,000       —         (219     19,781       —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
      3,048,860       19,590       (5,412     3,063,038     $ 2,598,791     $ 9,496     $ (4,944   $ 2,603,343  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Fair values and gross unrealized losses of the investments

 

                                                 
    April 2, 2011  
    Less Than 12 Months     12 Months or Greater     Total  
(In thousands)   Fair Value     Gross
Unrealized
Losses
    Fair Value     Gross
Unrealized
Losses
    Fair Value     Losses  

Commercial paper

  $ 44,982     $ (1   $ —       $ —       $ 44,982     $ (1

Corporate bonds

    6,129       (4     —         —         6,129       (4

Auction rate securities

    —         —         34,950       (3,300     34,950       (3,300

Municipal bonds

    4,992       (42     936       (10     5,928       (52

U.S. government and agency securities

    108,464       (207     —         —         108,464       (207

Foreign government and agency securities

    67,061       (16     —         —         67,061       (16

Floating rate notes

    25,020       (1     —         —         25,020       (1

Mortgage-backed securities

    178,844       (1,356     1,094       (7     179,938       (1,363
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 435,492     $ (1,627   $ 36,980     $ (3,317   $ 472,472     $ (4,944
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Amortized cost and estimated fair value of marketable debt securities
                 
    March 31, 2012  
(In thousands)   Amortized Cost     Estimated Fair Value  

Due in one year or less

  $ 1,621,892     $ 1,621,793  

Due after one year through five years

    255,577       259,584  

Due after five years through ten years

    266,223       270,742  

Due after ten years

    653,151       659,121  
   

 

 

   

 

 

 
    $ 2,796,843     $ 2,811,240  
   

 

 

   

 

 

 
Information on sale of available-for-sale securities
                         
(In thousands)   2012     2011     2010  

Gross realized gains on sale of available-for-sale securities

  $ 2,916     $ 5,169     $ 2,947  

Gross realized losses on sale of available-for-sale securities

    (401     (1,348     (2,596
   

 

 

   

 

 

   

 

 

 

Net realized gains on sale of available-for-sale securities

  $ 2,515     $ 3,821     $ 351  
   

 

 

   

 

 

   

 

 

 

Amortization of premiums (discounts) on available-for-sale securities

  $ 13,302     $ 7,650     $ (4,797