Segment Information (Tables)

12 Months Ended

Mar. 28, 2015

Segment Reporting Information [Line Items]

Net revenues for each of the Company's reportable segments are as follows:



	Fiscal Years Ended
	March 28, 2015		March 29, 2014		March 30, 2013
	(millions)
Net revenues:
Wholesale	$	3,495	$	3,486	$	3,138
Retail	3,956		3,798		3,625
Licensing	169		166		182
Total net revenues^(a)	$	7,620	$	7,450	$	6,945


^(a)	The Company's sales to its largest wholesale customer, Macy's, accounted for approximately 12% of its total net revenues in each of Fiscal 2015, Fiscal 2014, and Fiscal 2013.

Net operating income by segment

Operating income for each of the Company's reportable segments is as follows:



	Fiscal Years Ended
	March 28, 2015			March 29, 2014			March 30, 2013
	(millions)
Operating income:
Wholesale^(a)	$	943		$	963		$	903
Retail^(b)	527			572			615
Licensing^(c)	152			150			152
	1,622			1,685			1,670
Unallocated corporate expenses	(577		)	(553		)	(531		)
Gain on acquisition of Chaps^(d)	—			16			—
Unallocated restructuring and other charges^(e)	(10		)	(18		)	(12		)
Total operating income	$	1,035		$	1,130		$	1,127


^(a)	During Fiscal 2014 and Fiscal 2013, the Company recorded non-cash impairment charges of $1 million and $2 million, respectively, to write off certain fixed assets related to its European wholesale operations. See Note 11 for additional information.

^(b)

During Fiscal 2015, the Company recorded non-cash impairment charges of $7 million, primarily to write off certain fixed assets related to its domestic and international retail stores. During Fiscal 2013, the Company recorded non-cash impairment charges of $15 million to write down certain long-lived assets, primarily in connection with the Rugby Closure Plan and certain underperforming stores in Europe. See Notes 11 and 12 for additional information.


^(c)	During Fiscal 2013, the Company recorded non-cash impairment charges of $2 million related to the write-off of certain intangible assets in connection with the Rugby Closure Plan. See Notes 11 and 12 for additional information.


^(d)	See Note 5 for a description of the gain on acquisition of Chaps recorded during Fiscal 2014.


^(e)	The fiscal years presented included certain unallocated restructuring and other charges (See Note 12), which are detailed below:



	Fiscal Years Ended
	March 28, 2015			March 29, 2014			March 30, 2013
	(millions)
Restructuring and other charges:
Restructuring charges:
Wholesale-related	$	(4	)	$	—		$	(1	)
Retail-related	(4		)	—			(10		)
Corporate operations-related	(2		)	(8		)	(1		)
Unallocated restructuring charges	(10		)	(8		)	(12		)
Other charges^(a)	—			(10		)	—
Total unallocated restructuring and other charges	$	(10	)	$	(18	)	$	(12	)


^(a)	See Note 12 for a description of accelerated stock-based compensation expense recorded during Fiscal 2014.

Depreciation and amortization by segment

The following tables summarize the Company's depreciation and amortization expense and capital expenditures for each of its reportable segments:



	Fiscal Years Ended
	March 28, 2015		March 29, 2014		March 30, 2013
	(millions)
Depreciation and amortization:
Wholesale	$	66	$	66	$	67
Retail	154		125		116
Licensing	—		—		2
Unallocated corporate	74		67		48
Total depreciation and amortization	$	294	$	258	$	233

Schedule of Capital Expenditures, by Segment



	Fiscal Years Ended
	March 28, 2015		March 29, 2014		March 30, 2013
	(millions)
Capital expenditures:
Wholesale	$	48	$	53	$	39
Retail	237		252		158
Licensing	4		1		—
Unallocated corporate	102		84		79
Total capital expenditures	$	391	$	390	$	276

Reconciliation of Assets from Segment to Consolidated

The following table summarizes total assets for each of the Company's reportable segments:



	March 28, 2015		March 29, 2014
	(millions)
Total assets:
Wholesale	$	2,643	$	2,663
Retail	2,395		2,334
Licensing	197		198
Corporate	871		893
Total assets	$	6,106	$	6,088

Net revenues and long-lived assets by geographic location

Net revenues and long-lived assets by geographic location of the reporting subsidiary are as follows:



	Fiscal Years Ended
	March 28, 2015		March 29, 2014		March 30, 2013
	(millions)
Net revenues^(a):
The Americas^(b)	$	5,077	$	4,983	$	4,586
Europe^(c)	1,627		1,580		1,447
Asia^(d)	916		887		912
Total net revenues	$	7,620	$	7,450	$	6,945



	March 28, 2015		March 29, 2014
	(millions)
Long-lived assets^(a):
The Americas^(b)	$	1,106	$	966
Europe^(c)	148		172
Asia^(d)	182		184
Total long-lived assets	$	1,436	$	1,322


^(a)	Net revenues and long-lived assets for certain of the Company's licensed operations are included within the geographic location of the reporting subsidiary which holds the respective license.


^(b)	Includes the U.S., Canada, and Latin America. Net revenues earned in the U.S. were $4.827 billion, $4.744 billion, and $4.388 billion in Fiscal 2015, Fiscal 2014, and Fiscal 2013, respectively. Long-lived assets located in the U.S. were $1.069 billion and $948 million as of March 28, 2015 and March 29, 2014, respectively.


^(c)	Includes the Middle East.


^(d)	Includes Australia and New Zealand.

Unallocated corporate [Member]

Segment Reporting Information [Line Items]

Schedule of restructuring and related costs

The fiscal years presented included certain unallocated restructuring and other charges (See Note 12), which are detailed below:



	Fiscal Years Ended
	March 28, 2015			March 29, 2014			March 30, 2013
	(millions)
Restructuring and other charges:
Restructuring charges:
Wholesale-related	$	(4	)	$	—		$	(1	)
Retail-related	(4		)	—			(10		)
Corporate operations-related	(2		)	(8		)	(1		)
Unallocated restructuring charges	(10		)	(8		)	(12		)
Other charges^(a)	—			(10		)	—
Total unallocated restructuring and other charges	$	(10	)	$	(18	)	$	(12	)


^(a)	See Note 12 for a description of accelerated stock-based compensation expense recorded during Fiscal 2014.