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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 28, 2019
Mar. 30, 2019
Current assets:    
Cash and cash equivalents $ 1,079.9 $ 584.1
Short-term investments 828.5 1,403.4
Accounts receivable, net of allowances of $201.5 million and $192.2 million 349.4 398.1
Inventories 904.6 817.8
Income tax receivable 32.3 32.1
Prepaid expenses and other current assets 254.2 359.3
Total current assets 3,448.9 3,594.8
Property and equipment, net 1,028.2 1,039.2
Operating lease right-of-use assets 1,573.4 0.0
Deferred tax assets 240.6 67.0
Goodwill 917.1 919.6
Intangible assets, net 146.2 163.7
Other non-current assets 91.5 158.5
Total assets 7,445.9 5,942.8
Current liabilities:    
Current portion of long-term debt 298.1 0.0
Accounts payable 267.6 202.3
Income tax payable 69.1 29.4
Current operating lease liabilities 287.5 0.0
Accrued expenses and other current liabilities 853.1 968.4
Total current liabilities 1,775.4 1,200.1
Long-term debt 396.3 689.1
Long-term operating lease liabilities 1,637.5 0.0
Income tax payable 132.7 146.7
Non-current liability for unrecognized tax benefits 70.6 78.8
Other non-current liabilities 316.9 540.9
Commitments and contingencies (Note 14)
Total liabilities 4,329.4 2,655.6
Equity:    
Additional paid-in-capital 2,566.7 2,493.8
Retained earnings 6,292.8 5,979.1
Treasury stock, Class A, at cost; 56.0 million and 50.7 million shares (5,625.7) (5,083.6)
Accumulated other comprehensive loss (118.6) (103.4)
Total equity 3,116.5 3,287.2
Total liabilities and equity 7,445.9 5,942.8
Class A common stock, par value $.01 per share; 104.8 million and 102.9 million shares issued; 48.8 million and 52.2 million shares outstanding    
Equity:    
Common stock 1.0 1.0
Class B common stock, par value $.01 per share; 24.9 million issued and outstanding; 25.9 million shares issued and outstanding    
Equity:    
Common stock $ 0.3 $ 0.3