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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 01, 2022
Apr. 02, 2022
Current assets:    
Cash and cash equivalents $ 1,107.1 $ 1,863.8
Short-term investments 309.6 734.6
Accounts receivable, net of allowances of $194.5 million and $214.7 million 489.6 405.4
Inventories 1,261.4 977.3
Income tax receivable 54.1 63.7
Prepaid expenses and other current assets 218.8 172.5
Total current assets 3,440.6 4,217.3
Property and equipment, net 899.1 969.5
Operating lease right-of-use assets 1,016.7 1,111.3
Deferred tax assets 243.0 303.8
Goodwill 865.5 908.7
Intangible assets, net 95.6 102.9
Other non-current assets 173.1 111.2
Total assets 6,733.6 7,724.7
Current liabilities:    
Current portion of long-term debt 0.0 499.8
Accounts payable 498.0 448.7
Current income tax payable 89.9 53.8
Current operating lease liabilities 244.6 262.0
Accrued expenses and other current liabilities 877.1 991.4
Total current liabilities 1,709.6 2,255.7
Long-term debt 1,137.5 1,136.5
Long-term finance lease liabilities 323.8 341.6
Long-term operating lease liabilities 1,036.7 1,132.2
Non-current income tax payable 73.6 98.9
Non-current liability for unrecognized tax benefits 86.6 91.9
Other non-current liabilities 110.2 131.9
Commitments and contingencies (Note 13)
Total liabilities 4,478.0 5,188.7
Equity:    
Additional paid-in-capital 2,789.5 2,748.8
Retained earnings 6,448.1 6,274.9
Treasury stock, Class A, at cost; 66.3 million and 61.9 million shares (6,726.0) (6,308.7)
Accumulated other comprehensive loss (257.3) (180.3)
Total equity 2,255.6 2,536.0
Total liabilities and equity 6,733.6 7,724.7
Class A common stock, par value $.01 per share; 107.7 million and 106.9 million shares issued; 41.4 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