Commitments and Contingencies (Tables)

12 Months Ended

Mar. 29, 2014

Commitments and Contingencies Disclosure [Abstract]

Schedule of future minimum rental payments for operating leases

As of March 29, 2014, future minimum rental payments under noncancelable operating leases with lease terms in excess of one year were as follows:



	Minimum Operating Lease Payments^(a)(b)
	(millions)
Fiscal 2015	$	336
Fiscal 2016	315
Fiscal 2017	290
Fiscal 2018	271
Fiscal 2019	247
Fiscal 2020 and thereafter	927
Total minimum rental payments	$	2,386


^(a)	Net of sublease income, which is not significant in any period.


^(b)	Includes a $74 million operating lease obligation related to the land portion of the build-to-suit lease agreement for a new Polo flagship store on Fifth Avenue in New York City entered into in Fiscal 2014, as further described below.

Schedule of future minimum lease payments for capital leases

As of March 29, 2014, future minimum rental payments under noncancelable capital leases, including build-to-suit leases, with lease terms in excess of one year were as follows:



	Minimum Capital Lease Payments^(a)(b)
	(millions)
Fiscal 2015	$	24
Fiscal 2016	24
Fiscal 2017	24
Fiscal 2018	23
Fiscal 2019	23
Fiscal 2020 and thereafter	98
Total	216
Less: amount representing interest	(46		)
Present value of net minimum rental payments	$	170


^(a)	Net of sublease income, which is not significant in any period.

^(b)

Includes lease payments related to the Company's build-to-suit lease agreement for a new Polo flagship store on Fifth Avenue in New York City entered into in Fiscal 2014. The total commitment related to this lease is $235 million, comprised of a $74 million operating lease obligation related to the land portion of the lease (included in the minimum operating lease payments table above) and a $161 million obligation related to the building portion of the lease (included in the minimum capital lease payments table above).