Additional Financial Information

9 Months Ended

Dec. 27, 2014

Supplemental Cash Flow Information [Abstract]

Cash Interest and Taxes

Cash paid for interest and income taxes is as follows:



	Three Months Ended				Nine Months Ended
	December 27, 2014		December 28, 2013		December 27, 2014		December 28, 2013
	(millions)
Cash paid for interest	$	3	$	13	$	10	$	15
Cash paid for income taxes	$	28	$	60	$	204	$	228

Non-cash Transactions

Non-cash investing activities included the capitalization of fixed assets and recognition of related obligations in the net amount of $82 million and $51 million for the nine-month periods ended December 27, 2014 and December 28, 2013, respectively. In addition, non-cash investing activities for the nine months ended December 27, 2014 included the capitalization of a fixed asset, for which a $19 million non-binding advance payment was made during Fiscal 2014 and recorded within prepaid expenses and other current assets as of March 29, 2014.

Non-cash activities during the nine months ended December 28, 2013 also included the $16 million gain recorded in connection with the Chaps Menswear License Acquisition in April 2013 (see Note 5).

Non-cash financing activities included the conversion of 1.0 million shares of Class B common stock into an equal number of shares of Class A common stock during the nine months ended December 27, 2014, as further described in Note 15.

There were no other significant non-cash investing or financing activities for any of the periods presented.