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Segment Information (Tables)
9 Months Ended
Dec. 27, 2014
Segment Reporting [Abstract]  
Net revenues by segment
Net revenues and operating income for each of the Company's reportable segments are as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
 
 
(millions)
Net revenues:
 
 
 
 
 
 
 
 
Wholesale
 
$
837

 
$
840

 
$
2,488

 
$
2,503

Retail
 
1,149

 
1,130

 
3,115

 
2,953

Licensing
 
47

 
45

 
132

 
127

Total net revenues
 
$
2,033

 
$
2,015

 
$
5,735

 
$
5,583

Net operating income by segment
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
 
 
(millions)
Operating income:
 
 
 
 
 
 
 
 
Wholesale
 
$
207

 
$
217

 
$
634

 
$
667

Retail
 
194

 
221

 
499

 
521

Licensing
 
42

 
40

 
120

 
115

 
 
443

 
478

 
1,253

 
1,303

Unallocated corporate expenses
 
(127
)
 
(130
)
 
(401
)
 
(398
)
Gain on acquisition of Chaps(a)
 

 

 

 
16

Unallocated restructuring and other charges(b)
 
(1
)
 
(14
)
 
(7
)
 
(16
)
Total operating income
 
$
315

 
$
334

 
$
845

 
$
905


 
(a) 
See Note 5 for further discussion of the gain on acquisition of Chaps.
(b) 
The fiscal periods presented include certain unallocated restructuring and other charges (see Note 9), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
 
 
 
(millions)
 
Restructuring charges, net:
 
 
 
 
 
 
 
 
 
Wholesale-related
 
$

 
$

 
$
(3
)
 
$

 
Retail-related
 
(1
)
 

 
(4
)
 

 
Corporate operations-related
 

 
(4
)
 

 
(6
)
 
Unallocated restructuring charges, net
 
$
(1
)
 
$
(4
)
 
$
(7
)
 
$
(6
)
 
Other charges (see Note 9)
 

 
(10
)
 

 
(10
)
 
Unallocated restructuring and other charges
 
$
(1
)
 
$
(14
)
 
$
(7
)
 
$
(16
)

Restructuring and other costs [Table Text Block]
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
 
 
 
(millions)
 
Restructuring charges, net:
 
 
 
 
 
 
 
 
 
Wholesale-related
 
$

 
$

 
$
(3
)
 
$

 
Retail-related
 
(1
)
 

 
(4
)
 

 
Corporate operations-related
 

 
(4
)
 

 
(6
)
 
Unallocated restructuring charges, net
 
$
(1
)
 
$
(4
)
 
$
(7
)
 
$
(6
)
 
Other charges (see Note 9)
 

 
(10
)
 

 
(10
)
 
Unallocated restructuring and other charges
 
$
(1
)
 
$
(14
)
 
$
(7
)
 
$
(16
)
Depreciation and amortization by segment
Depreciation and amortization expense for the Company's reportable segments is as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
 
 
(millions)
Depreciation and amortization:
 
 
 
 
 
 
 
 
Wholesale
 
$
17

 
$
16

 
$
51

 
$
49

Retail
 
42

 
33

 
113

 
93

Unallocated corporate expenses
 
19

 
18

 
55

 
51

Total depreciation and amortization
 
$
78

 
$
67

 
$
219

 
$
193

Net revenues by geographic location
Net revenues by geographic location of the reporting subsidiary are as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
 
 
(millions)
Net revenues(a):
 
 
 
 
 
 
 
 
The Americas(b)
 
$
1,390

 
$
1,386

 
$
3,838

 
$
3,836

Europe
 
409

 
395

 
1,221

 
1,120

  Asia(c)
 
234

 
234

 
676

 
627

Total net revenues
 
$
2,033

 
$
2,015

 
$
5,735

 
$
5,583

 
(a) 
Net revenues 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 $1.317 billion and $3.647 billion during the three-month and nine-month periods ended December 27, 2014, respectively, and $1.320 billion and $3.656 billion during the three-month and nine-month periods ended December 28, 2013, respectively.
(c) 
Also includes Australia and New Zealand.