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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 26, 2020
Mar. 28, 2020
Current assets:    
Cash and cash equivalents $ 2,621.5 $ 1,620.4
Short-term investments 165.7 495.9
Accounts receivable, net of allowances of $224.2 million and $276.2 million 373.6 277.1
Inventories 866.0 736.2
Income tax receivable 75.1 84.8
Prepaid expenses and other current assets 174.5 160.8
Total current assets 4,276.4 3,375.2
Property and equipment, net 1,086.4 979.5
Operating lease right-of-use assets 1,339.6 1,511.6
Deferred tax assets 322.5 245.2
Goodwill 949.0 915.5
Intangible assets, net 126.0 141.0
Other non-current assets 72.3 111.9
Total assets 8,172.2 7,279.9
Current liabilities:    
Short-term debt 0.0 475.0
Current portion of long-term debt 0.0 299.6
Accounts payable 335.0 246.8
Income tax payable 70.5 65.1
Current operating lease liabilities 296.1 288.4
Accrued expenses and other current liabilities 975.2 717.1
Total current liabilities 1,676.8 2,092.0
Long-term debt 1,631.9 396.4
Long-term operating lease liabilities 1,381.5 1,568.3
Income tax payable 118.7 132.7
Non-current liability for unrecognized tax benefits 91.4 88.9
Other non-current liabilities 579.9 308.5
Commitments and contingencies (Note 13)
Total liabilities 5,480.2 4,586.8
Equity:    
Additional paid-in-capital 2,648.8 2,594.4
Retained earnings 5,947.0 5,994.0
Treasury stock, Class A, at cost; 57.8 million and 57.3 million shares (5,814.5) (5,778.4)
Accumulated other comprehensive loss (90.6) (118.2)
Total equity 2,692.0 2,693.1
Total liabilities and equity 8,172.2 7,279.9
Class A common stock, par value $.01 per share; 106.0 million and 104.9 million shares issued; 48.2 million and 47.6 million shares outstanding    
Equity:    
Common stock 1.0 1.0
Class B common stock, par value $.01 per share; 24.9 million shares issued and outstanding    
Equity:    
Common stock $ 0.3 $ 0.3