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Segment Information (Tables)
 9 Months Ended
Dec. 30, 2017
Segment Reporting [Abstract]  
Net revenues by segment
Net revenues and operating income (loss) for each of the Company's segments are as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
(millions)
Net revenues:
 
 
 
 
 
 
 
 
North America
 
$
886.4

 
$
1,000.8

 
$
2,471.7

 
$
2,901.2

Europe
 
378.5

 
349.2

 
1,165.0

 
1,172.6

Asia
 
251.0

 
235.2

 
676.9

 
662.8

Other non-reportable segments
 
125.9

 
129.4

 
339.5

 
350.8

Total net revenues
 
$
1,641.8

 
$
1,714.6

 
$
4,653.1

 
$
5,087.4
Net operating income (loss) by segment
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
(millions)
Operating income (loss)(a):
 
 
 
 
 
 
 
 
North America
 
$
196.6

 
$
206.4

 
$
549.3

 
$
574.6

Europe
 
81.0

 
63.8

 
273.6

 
239.2

Asia
 
44.3

 
23.3

 
101.0

 
(80.3
)
Other non-reportable segments
 
37.1

 
33.2

 
96.9

 
91.0

 
 
359.0

 
326.7

 
1,020.8

 
824.5

Unallocated corporate expenses
 
(146.5
)
 
(131.7
)
 
(469.3
)
 
(457.2
)
Unallocated restructuring and other charges(b)
 
(23.3
)
 
(66.7
)
 
(78.7
)
 
(193.9
)
Total operating income
 
$
189.2

 
$
128.3

 
$
472.8

 
$
173.4


 
(a) 
Segment operating income (loss) and unallocated corporate expenses during the three-month and nine-month periods ended December 30, 2017 and December 31, 2016 included certain restructuring-related inventory charges (see Note 8) and asset impairment charges (see Note 7), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
 
(millions)
 
Restructuring-related inventory charges:
 
 
 
 
 
 
 
 
 
North America
 
$
—

 
$
(0.6
)
 
$
(0.8
)
 
$
(25.4
)
 
Europe
 
—

 
(1.3
)
 
(0.1
)
 
(13.8
)
 
Asia
 
—

 
(12.4
)
 
—

 
(106.5
)
 
Other non-reportable segments
 
—

 
(0.1
)
 
(0.4
)
 
(3.7
)
 
Total restructuring-related inventory charges
 
$
—

 
$
(14.4
)
 
$
(1.3
)
 
$
(149.4
)
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
 
(millions)
 
Asset impairment charges:
 
 
 
 
 
 
 
 
 
North America
 
$
(1.7
)
 
$
(1.7
)
 
$
(2.6
)
 
$
(9.4
)
 
Europe
 
—

 
(0.3
)
 
(1.2
)
 
(1.9
)
 
Asia
 
(0.2
)
 
(2.6
)
 
(1.1
)
 
(38.1
)
 
Other non-reportable segments
 
(0.1
)
 
(5.5
)
 
(8.7
)
 
(6.5
)
 
Unallocated corporate expenses
 
(1.9
)
 
(0.2
)
 
(11.2
)
 
(0.8
)
 
Total asset impairment charges
 
$
(3.9
)
 
$
(10.3
)
 
$
(24.8
)
 
$
(56.7
)


(b) 
The three-month and nine-month periods ended December 30, 2017 and December 31, 2016 included certain unallocated restructuring and other charges (see Note 8), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
 
(millions)
 
Unallocated restructuring and other charges:
 
 
 
 
 
 
 
 
 
North America-related
 
$
(1.3
)
 
$
(5.3
)
 
$
(14.5
)
 
$
(27.8
)
 
Europe-related
 
(0.5
)
 
(1.1
)
 
(5.6
)
 
(17.5
)
 
Asia-related
 
0.1

 
(49.2
)
 
1.0

 
(57.5
)
 
Other non-reportable segment-related
 
—

 
0.2

 
(6.8
)
 
(2.9
)
 
Corporate-related
 
(18.1
)
 
(11.3
)
 
(37.8
)
 
(88.2
)
 
Unallocated restructuring charges
 
(19.8
)
 
(66.7
)
 
(63.7
)
 
(193.9
)
 
Other charges (see Note 8)
 
(3.5
)
 
—

 
(15.0
)
 
—

 
Total unallocated restructuring and other charges
 
$
(23.3
)
 
$
(66.7
)
 
$
(78.7
)
 
$
(193.9
)
Restructuring-related inventory charges and asset impairment charges by segment
Segment operating income (loss) and unallocated corporate expenses during the three-month and nine-month periods ended December 30, 2017 and December 31, 2016 included certain restructuring-related inventory charges (see Note 8) and asset impairment charges (see Note 7), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
 
(millions)
 
Restructuring-related inventory charges:
 
 
 
 
 
 
 
 
 
North America
 
$
—

 
$
(0.6
)
 
$
(0.8
)
 
$
(25.4
)
 
Europe
 
—

 
(1.3
)
 
(0.1
)
 
(13.8
)
 
Asia
 
—

 
(12.4
)
 
—

 
(106.5
)
 
Other non-reportable segments
 
—

 
(0.1
)
 
(0.4
)
 
(3.7
)
 
Total restructuring-related inventory charges
 
$
—

 
$
(14.4
)
 
$
(1.3
)
 
$
(149.4
)
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
 
(millions)
 
Asset impairment charges:
 
 
 
 
 
 
 
 
 
North America
 
$
(1.7
)
 
$
(1.7
)
 
$
(2.6
)
 
$
(9.4
)
 
Europe
 
—

 
(0.3
)
 
(1.2
)
 
(1.9
)
 
Asia
 
(0.2
)
 
(2.6
)
 
(1.1
)
 
(38.1
)
 
Other non-reportable segments
 
(0.1
)
 
(5.5
)
 
(8.7
)
 
(6.5
)
 
Unallocated corporate expenses
 
(1.9
)
 
(0.2
)
 
(11.2
)
 
(0.8
)
 
Total asset impairment charges
 
$
(3.9
)
 
$
(10.3
)
 
$
(24.8
)
 
$
(56.7
)
Schedule of unallocated restructuring and related costs
The three-month and nine-month periods ended December 30, 2017 and December 31, 2016 included certain unallocated restructuring and other charges (see Note 8), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
 
(millions)
 
Unallocated restructuring and other charges:
 
 
 
 
 
 
 
 
 
North America-related
 
$
(1.3
)
 
$
(5.3
)
 
$
(14.5
)
 
$
(27.8
)
 
Europe-related
 
(0.5
)
 
(1.1
)
 
(5.6
)
 
(17.5
)
 
Asia-related
 
0.1

 
(49.2
)
 
1.0

 
(57.5
)
 
Other non-reportable segment-related
 
—

 
0.2

 
(6.8
)
 
(2.9
)
 
Corporate-related
 
(18.1
)
 
(11.3
)
 
(37.8
)
 
(88.2
)
 
Unallocated restructuring charges
 
(19.8
)
 
(66.7
)
 
(63.7
)
 
(193.9
)
 
Other charges (see Note 8)
 
(3.5
)
 
—

 
(15.0
)
 
—

 
Total unallocated restructuring and other charges
 
$
(23.3
)
 
$
(66.7
)
 
$
(78.7
)
 
$
(193.9
)
Depreciation and amortization by segment
Depreciation and amortization expense for the Company's segments is as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
(millions)
Depreciation and amortization:
 
 
 
 
 
 
 
 
North America
 
$
19.5

 
$
27.8

 
$
61.1

 
$
84.0

Europe
 
9.1

 
8.6

 
25.7

 
23.5

Asia
 
12.1

 
11.3

 
35.7

 
36.8

Other non-reportable segments
 
2.6

 
3.5

 
8.2

 
11.1

Unallocated corporate expenses
 
25.9

 
26.7

 
78.2

 
76.5

Unallocated restructuring and other charges (see Note 8)
 
3.5

 
—

 
10.5

 
—

Total depreciation and amortization
 
$
72.7

 
$
77.9

 
$
219.4

 
$
231.9
Net revenues by geographic location
Net revenues by geographic location of the reporting subsidiary are as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
 
 
(millions)
Net revenues(a):
 
 
 
 
 
 
 
 
The Americas(b)
 
$
1,009.5

 
$
1,126.7

 
$
2,801.8

 
$
3,242.4

Europe(c)
 
381.0

 
352.3

 
1,173.3

 
1,181.0

  Asia(d)
 
251.3

 
235.6

 
678.0

 
664.0

Total net revenues
 
$
1,641.8

 
$
1,714.6

 
$
4,653.1

 
$
5,087.4

 
(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. during the three-month and nine-month periods ended December 30, 2017 were $946.3 million and $2.629 billion, respectively, and $1.064 billion and $3.066 billion during the three-month and nine-month periods ended December 31, 2016, respectively.
(c) 
Includes the Middle East.
(d) 
Includes Australia and New Zealand.