Other Assets and Liabilities (Tables)

3 Months Ended

Jun. 26, 2021

Prepaid expenses and other current assets consist of the following:


	June 26, 2021		March 27, 2021
	(millions)

Non-trade receivables	$	37.6	$	28.9
Other taxes receivable	27.3		28.4
Prepaid software maintenance	18.3		12.9
Prepaid advertising and marketing	10.4		9.5
Inventory return asset	8.3		8.3
Tenant allowances receivable	8.1		8.7
Cloud computing arrangement implementation costs	7.7		8.2
Prepaid logistic services	7.3		7.1
Prepaid occupancy expense	5.8		6.7
Prepaid inventory	5.0		5.0
Derivative financial instruments	3.3		5.6
Other prepaid expenses and current assets	46.7		37.3
Total prepaid expenses and other current assets	$	185.8	$	166.6

Other non-current assets consist of the following:


	June 26, 2021		March 27, 2021
	(millions)
Security deposits	$	31.1	$	31.1
Restricted cash	7.3		7.5

Derivative financial instruments	5.9		10.2
Cloud computing arrangement implementation costs	5.3		5.3
Other non-current assets	33.6		32.3
Total other non-current assets	$	83.2	$	86.4

Accrued expenses and other current liabilities consist of the following:


	June 26, 2021		March 27, 2021
	(millions)
Accrued operating expenses	$	227.0	$	225.0
Accrued inventory	222.7		196.1
Accrued payroll and benefits	191.6		223.6
Other taxes payable	77.4		64.6
Restructuring reserve	73.8		99.8
Dividends payable	50.5		—
Finance lease obligations	20.3		19.7
Accrued capital expenditures	17.6		21.3
Deferred income	9.7		12.0

Other accrued expenses and current liabilities	8.7		13.3
Total accrued expenses and other current liabilities	$	899.3	$	875.4

Other non-current liabilities consist of the following:


	June 26, 2021		March 27, 2021
	(millions)
Finance lease obligations	$	363.4	$	370.5
Deferred lease incentives and obligations	60.3		62.4
Derivative financial instruments	49.2		55.1
Accrued benefits and deferred compensation	22.4		22.4
Deferred tax liabilities	10.8		10.7

Other non-current liabilities	42.6		39.7
Total other non-current liabilities	$	548.7	$	560.8