Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Jul. 05, 2019

Fair Value Disclosures [Abstract]

Schedule of the Carrying Value of Assets Measured at Fair Value on a Recurring Basis

The following table summarizes our financial instruments measured at fair value on a recurring basis:

	July 5, 2019						March 29, 2019
(In millions)	Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets:
Cash equivalents:
Money market funds	$	1,064	$	1,064	$	—	$	1,415	$	1,415	$	—
Certificates of deposit	198		—		198		—		—		—
Short-term investments:
Corporate bonds	161		—		161		251		—		251
Certificates of deposit	1		—		1		1		—		1
Total	$	1,424	$	1,064	$	360	$	1,667	$	1,415	$	252

Contractual maturity of investments in debt securities

The following table presents the contractual maturities of our investments in debt securities as of July 5, 2019:

(In millions)	Fair Value
Due in one year or less	$	97
Due after one year through five years	65
Total	$	162

Summarized Financial Information, Profit (Loss)

The following table summarizes financial data from DigiCert which was provided to us on a three-month lag:

	Three Months Ended
(In millions)	March 31, 2019			March 31, 2018
Revenue	$	106		$	66
Gross profit	$	87		$	53
Net loss	$	(36	)	$	(82	)