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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 02, 2022
Apr. 02, 2022
Current assets:    
Cash and cash equivalents $ 1,456.8 $ 1,863.8
Short-term investments 320.1 734.6
Accounts receivable, net of allowances of $185.1 million and $214.7 million 350.4 405.4
Inventories 1,178.2 977.3
Income tax receivable 54.8 63.7
Prepaid expenses and other current assets 217.2 172.5
Total current assets 3,577.5 4,217.3
Property and equipment, net 931.4 969.5
Operating lease right-of-use assets 1,054.5 1,111.3
Deferred tax assets 262.9 303.8
Goodwill 886.5 908.7
Intangible assets, net 99.0 102.9
Other non-current assets 139.3 111.2
Total assets 6,951.1 7,724.7
Current liabilities:    
Current portion of long-term debt 0.0 499.8
Accounts payable 562.1 448.7
Current income tax payable 50.1 53.8
Current operating lease liabilities 247.2 262.0
Accrued expenses and other current liabilities 886.0 991.4
Total current liabilities 1,745.4 2,255.7
Long-term debt 1,137.0 1,136.5
Long-term finance lease liabilities 331.9 341.6
Long-term operating lease liabilities 1,075.9 1,132.2
Non-current income tax payable 98.9 98.9
Non-current liability for unrecognized tax benefits 86.5 91.9
Other non-current liabilities 111.4 131.9
Commitments and contingencies (Note 13)
Total liabilities 4,587.0 5,188.7
Equity:    
Additional paid-in-capital 2,767.0 2,748.8
Retained earnings 6,347.3 6,274.9
Treasury stock, Class A, at cost; 64.3 million and 61.9 million shares (6,543.4) (6,308.7)
Accumulated other comprehensive loss (208.1) (180.3)
Total equity 2,364.1 2,536.0
Total liabilities and equity 6,951.1 7,724.7
Class A common stock, par value $.01 per share; 107.4 million and 106.9 million shares issued; 43.1 million and 45.0 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