XML 93 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jun. 28, 2014
Summary of Significant Accounting Policies (Tables) [Abstract]  
Summary of Basic and Diluted shares
The weighted-average number of common shares outstanding used to calculate basic net income per common share is reconciled to shares used to calculate diluted net income per common share as follows:
 
 
Three Months Ended
 
 
June 28,
2014
 
June 29,
2013
 
 
(millions)
Basic shares
 
88.9

 
90.8

Dilutive effect of stock options, restricted stock, and RSUs
 
1.3

 
2.3

Diluted shares
 
90.2

 
93.1

Sales Returns and Allowances [Member]
 
Summary of Significant Accounting Policies (Tables) [Abstract]  
Rollforward of activity in the Company's allowance for doubtful accounts and its aggregate reserves for returns, discounts, end-of-season markdowns and operational chargebacks
A rollforward of the activity in the Company's reserves for returns, discounts, end-of-season markdowns, operational chargebacks, and certain cooperative advertising allowances is presented below:
 
 
Three Months Ended
 
 
June 28,
2014
 
June 29,
2013
 
 
(millions)
Beginning reserve balance
 
$
254

 
$
230

Amount charged against revenue to increase reserve
 
157

 
153

Amount credited against customer accounts to decrease reserve
 
(165
)
 
(140
)
Foreign currency translation
 
(1
)
 
2

Ending reserve balance
 
$
245

 
$
245