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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 01, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,647.0 $ 2,964.0
Accounts receivable, net of allowance of $7 and $56, respectively 3,782.0 3,371.0
Contract assets 510.0 519.0
Inventories 7,243.0 6,580.0
Other current assets 965.0 903.0
Total current assets 15,147.0 14,337.0
Property and equipment, net 2,135.0 2,125.0
Operating lease right-of-use assets, net 611.0 637.0
Goodwill 1,336.0 1,342.0
Other intangible assets, net 372.0 411.0
Other assets 453.0 473.0
Total assets 20,054.0 19,325.0
Current liabilities:    
Bank borrowings and current portion of long-term debt 946.0 949.0
Accounts payable 6,694.0 6,254.0
Accrued payroll 419.0 470.0
Deferred revenue and customer working capital advances 2,400.0 2,002.0
Other current liabilities 1,131.0 1,036.0
Total current liabilities 11,590.0 10,711.0
Long-term debt, net of current portion 3,129.0 3,248.0
Operating lease liabilities, non-current 520.0 551.0
Other liabilities 640.0 608.0
Total liabilities 15,879.0 15,118.0
Redeemable noncontrolling interest 84.0 78.0
Shareholders’ equity    
Ordinary shares, no par value; 507,782,209 and 510,799,667 issued, and 457,542,854 and 460,560,312 outstanding, respectively 5,897.0 6,052.0
Treasury stock, at cost; 50,239,355 shares as of July 1, 2022 and March 31, 2022 (388.0) (388.0)
Accumulated deficit (1,164.0) (1,353.0)
Accumulated other comprehensive loss (254.0) (182.0)
Total shareholders’ equity 4,091.0 4,129.0
Total liabilities, redeemable noncontrolling interest, and shareholders' equity $ 20,054.0 $ 19,325.0