Income Taxes

9 Months Ended

Dec. 30, 2011

Income Taxes [Abstract]

INCOME TAXES

As of December 30, 2011 and April 1, 2011, the Company recorded an income tax receivable of $1,780in Other current assets on the Unaudited Condensed Consolidated Balance Sheets, and an income tax payable of $1,233 in Other current liabilities on the Unaudited Condensed Consolidated Balance Sheets, respectively, related to the timing of payments on the Company's income tax filings.

The Company's provision for income taxes and effective tax rate for the three and nine months ended December 30, 2011 and December 31, 2010 are presented in the following table:

	For the Three Months Ended								For the Nine Months Ended
	December 30, 2011			December 31, 2010					December 30, 2011			December 31, 2010
			Effective			Effective					Effective			Effective
(dollars in millions)	Amount		Rate	Amount		Rate	Decrease		Amount		Rate	Amount		Rate	Decrease
Total Company	$	10.4	34.1%	$	11.8	37.5%	$	(1.4)	$	30.8	36.1%	$	31.7	37.4%	$	(0.9)

The effective rate for the three and nine months ended December 30, 2011 was impacted by a reorganization of the Company's non-U.S. global sourcing subsidiaries.  This reorganization reflects the increasing responsibilities and contributions of the non-U.S. subsidiaries, increasing their income, and correspondingly reducing the income of the U.S. subsidiaries.  As the non-U.S. subsidiaries are generally subject to tax at rates lower than the U.S. subsidiaries, changes in the proportion of the Company's taxable earnings originating outside the U.S. favorably impacts the effective tax rate. 

During the nine months ended December 30, 2011, the IRS completed an examination of the Company's federal income tax return for the fiscal year ended March 27, 2009. As a result, no changes were made to the Company's taxable income.