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INTEREST AND OTHER, NET
6 Months Ended
Sep. 25, 2020
Other Income and Expenses [Abstract]  
INTEREST AND OTHER, NET INTEREST AND OTHER, NET 
Interest and other, net for the three and six-month periods ended September 25, 2020 and September 27, 2019 are primarily composed of the following:
 Three-Month Periods EndedSix-Month Periods Ended
 September 25, 2020September 27, 2019September 25, 2020September 27, 2019
 (In millions)
Interest expenses on debt obligations (1)$38 $38 $71 $79 
ABS and AR sales programs related expenses12 25 
Interest income(3)(5)(6)(10)
Gain on foreign exchange transactions(5)(3)(5)(4)

(1)Interest expense on debt obligations for the three and six-month periods ended September 27, 2019 include debt extinguishment costs of $2.4 million and $6.5 million, respectively, related to the full repayments of the Notes due February 2020 and the Term Loan due November 2021. There were immaterial debt extinguishment costs incurred during the second quarter of fiscal year 2021 from the repayment of the term loan due June 2022.