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Commitments and Contingencies (Tables)

12 Months Ended

Apr. 01, 2017

Commitments and Contingencies Disclosure [Abstract]

Schedule of future minimum rental payments for operating leases

As of April 1, 2017, future minimum rental payments under noncancelable operating leases with lease terms in excess of one year were as follows:

		Minimum Operating Lease Payments(a)(b)
		(millions)
Fiscal 2018		$	318.1
Fiscal 2019		311.2
Fiscal 2020		284.9
Fiscal 2021		232.2
Fiscal 2022		189.2
Fiscal 2023 and thereafter		533.4
Total net minimum rental payments		$	1,869.0

^(a)  Net of sublease income, which is not significant in any period.

^(b)  Includes a $49.5 million operating lease obligation related to the land portion of the build-to-suit lease agreement for the Company's former Polo store on Fifth Avenue in New York City, as further described below.

Schedule of future minimum lease payments for capital leases

As of April 1, 2017, future minimum rental payments under noncancelable capital leases, including build-to-suit leases, with lease terms in excess of one year were as follows:

		Minimum Capital  Lease Payments(a)(b)
		(millions)
Fiscal 2018		$	29.8
Fiscal 2019		28.3
Fiscal 2020		30.5
Fiscal 2021		28.3
Fiscal 2022		24.9
Fiscal 2023 and thereafter		81.2
Total net minimum rental payments		223.0
Less: amount representing interest		(49.5		)
Present value of net minimum rental payments		$	173.5

^(a)  Net of sublease income, which is not significant in any period.

^(b)  Includes lease payments related to the Company's build-to-suit lease agreement for its former Polo store on Fifth Avenue in New York City, which was closed during the first quarter of Fiscal 2018. The total remaining commitment related to this lease was $160.2 million as of April 1, 2017, comprised of a $49.5 million operating lease obligation related to the land portion of the lease (included in the minimum operating lease payments table above) and a $110.7 million obligation related to the building portion of the lease (included in this minimum capital lease payments table).

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- References

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- Definition

Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717

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