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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 02, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,693 $ 2,637
Accounts receivable, net of allowance of $60 and $61, respectively 3,833 4,106
Contract assets 168 135
Inventories 4,444 3,895
Other current assets 591 590
Total current assets 11,729 11,363
Property and equipment, net 2,087 2,097
Operating lease right-of-use assets, net 630 642
Goodwill 1,094 1,090
Other intangible assets, net 199 213
Other assets 453 431
Total assets 16,192 15,836
Current liabilities:    
Bank borrowings and current portion of long-term debt 274 268
Accounts payable 5,448 5,247
Accrued payroll 432 473
Other current liabilities 1,984 1,846
Total current liabilities 8,138 7,834
Long-term debt, net of current portion 3,505 3,515
Operating lease liabilities, non-current 550 562
Other liabilities 491 489
Shareholders’ equity    
Ordinary shares, no par value; 539,348,399 and 542,807,200 issued, and 489,109,044 and 492,567,845 outstanding, respectively 6,090 6,232
Treasury stock, at cost; 50,239,355 shares as of July 2, 2021 and March 31, 2021 (388) (388)
Accumulated deficit (2,083) (2,289)
Accumulated other comprehensive loss (111) (119)
Total shareholders’ equity 3,508 3,436
Total liabilities and shareholders’ equity $ 16,192 $ 15,836