XML 52 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details Textual 1)
9 Months Ended 9 Months Ended
Dec. 27, 2014
USD ($)
Mar. 29, 2014
USD ($)
Dec. 27, 2014
Commercial Paper [Member]
USD ($)
Rate
Dec. 27, 2014
Global Credit Facility [Member]
USD ($)
Quarter
Dec. 27, 2014
Domestic Line of Credit [Member]
USD ($)
Dec. 27, 2014
Chinese Credit Facility [Member]
USD ($)
Dec. 27, 2014
Chinese Credit Facility [Member]
CNY
Dec. 27, 2014
Malaysia Credit Facility [Member]
USD ($)
Dec. 27, 2014
Malaysia Credit Facility [Member]
MYR
Dec. 27, 2014
South Korea Credit Facility [Member]
USD ($)
Dec. 27, 2014
South Korea Credit Facility [Member]
KRW
Dec. 27, 2014
Taiwan Credit Facility [Member]
USD ($)
Dec. 27, 2014
Taiwan Credit Facility [Member]
TWD
Dec. 27, 2014
Pan-Asia Credit Facilities [Member]
USD ($)
Dec. 27, 2014
Maximum [Member]
Commercial Paper [Member]
Dec. 27, 2014
Weighted Average [Member]
Commercial Paper [Member]
Credit Facilities (Textual) [Abstract]                                
Maximum borrowing capacity     $ 300,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_CommercialPaperMember
$ 750,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
$ 100,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_DomesticLineOfCreditMember
$ 16,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_ChineseCreditFacilityMember
100,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_ChineseCreditFacilityMember
$ 5,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_MalaysiaCreditFacilityMember
16,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_MalaysiaCreditFacilityMember
$ 10,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_SouthKoreaCreditFacilityMember
11,000,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_SouthKoreaCreditFacilityMember
$ 2,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_TaiwanCreditFacilityMember
59,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_TaiwanCreditFacilityMember
     
Debt Instrument, Term                             397 days 27 days
Commercial Paper 113,000,000us-gaap_CommercialPaper 0us-gaap_CommercialPaper                            
Short-term Debt, Weighted Average Interest Rate     0.32%us-gaap_ShortTermDebtWeightedAverageInterestRate
/ us-gaap_CreditFacilityAxis
= us-gaap_CommercialPaperMember
                         
Borrowing capacity under unsecured revolving line of credit       500,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
                       
Line of credit facility, expiration date       Mar. 01, 2016 Aug. 19, 2015 Apr. 08, 2015 Apr. 08, 2015 Sep. 30, 2015 Sep. 30, 2015 Oct. 31, 2015 Oct. 31, 2015 Oct. 15, 2015 Oct. 15, 2015      
Borrowings outstanding under revolving credit facilities       0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_CreditFacilityAxis
= us-gaap_DomesticLineOfCreditMember
                0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_CreditFacilityAxis
= rl_PanAsiaCreditFacilitiesMember
   
Line of credit facility, contingent liability for outstanding LOCs       7,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
                       
Credit facility covenant terms       The Global Credit Facility contains a number of covenants that, among other things, restrict the Company's ability, subject to specified exceptions, to incur additional debt; incur liens; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself; engage in businesses that are not in a related line of business; make loans, advances, or guarantees; engage in transactions with affiliates; and make certain investments. The Global Credit Facility also requires the Company to maintain a maximum ratio of Adjusted Debt to Consolidated EBITDAR (the "leverage ratio") of no greater than 3.75 as of the date of measurement for the four most recent consecutive fiscal quarters. Adjusted Debt is defined generally as consolidated debt outstanding plus eight times consolidated rent expense for the last four consecutive fiscal quarters. Consolidated EBITDAR is defined generally as consolidated net income plus (i) income tax expense, (ii) net interest expense, (iii) depreciation and amortization expense, and (iv) consolidated rent expense.                        
Credit Facility covenant compliance       no Event of Default (as such term is defined pursuant to the Global Credit Facility) has occurred under the Company's Global Credit Facility                        
Maximum ratio of adjusted debt to consolidated EBITDAR as of date of measurement for four consecutive quarters       3.75rl_MaximumRatioOfAdjustedDebtToConsolidatedEbitdarAsOfDateOfMeasurementForFourConsecutiveQuarters
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
                       
Period used to calculate the leverage ratio       4rl_LeverageRatioNumberOfConsecutiveFiscalQuartersUsed
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
                       
Leverage Ratio Rent Expense Multiplier       8rl_LeverageRatioRentExpenseMultiplier
/ us-gaap_CreditFacilityAxis
= rl_GlobalCreditFacilityMember
                       
Bank guarantees           $ 2,000,000rl_Bankguarantees
/ us-gaap_CreditFacilityAxis
= rl_ChineseCreditFacilityMember
12,000,000rl_Bankguarantees
/ us-gaap_CreditFacilityAxis
= rl_ChineseCreditFacilityMember