XML 29 R15.htm IDEA: XBRL DOCUMENT
v3.23.1

Other Assets and Liabilities | 12 Months Ended
--- | ---
Apr. 01, 2023
Balance Sheet Related Disclosures [Abstract] |
Other Assets and Liabilities | Other Assets and Liabilities Prepaid expenses and other current assets consist of the following:
|  | April 1, 2023 |  | April 2, 2022
|  | (millions)
Other taxes receivable |  | $ | 46.7 |  |  | $ | 26.2 |
Non-trade receivables |  | 30.7 |  |  | 41.4 |
Prepaid software maintenance |  | 18.5 |  |  | 16.4 |
Inventory return asset |  | 10.5 |  |  | 8.3 |
Prepaid advertising and marketing |  | 10.4 |  |  | 7.9 |
Prepaid logistic services |  | 6.5 |  |  | 6.6 |
Cloud computing arrangement implementation costs |  | 6.2 |  |  | 4.0 |
Prepaid occupancy expense |  | 5.8 |  |  | 6.0 |
Prepaid insurance |  | 4.1 |  |  | 3.0 |
Tenant allowances receivable |  | 3.9 |  |  | 6.1 |
Derivative financial instruments |  | 1.7 |  |  | 8.7 |
Other prepaid expenses and current assets |  | 43.7 |  |  | 37.9 |
Total prepaid expenses and other current assets |  | $ | 188.7 |  |  | $ | 172.5 |
Other non-current assets consist of the following:
|  | April 1, 2023 |  | April 2, 2022
|  | (millions)
Derivative financial instruments |  | $ | 42.8 |  |  | $ | 23.7 |
Security deposits |  | 33.0 |  |  | 30.6 |
Equity method and other investments |  | 10.6 |  |  | 12.0 |
Cloud computing arrangement implementation costs |  | 10.1 |  |  | 9.7 |
Deferred rent assets |  | 6.8 |  |  | 5.2 |
Restricted cash |  | 6.1 |  |  | 6.6 |
Other non-current assets |  | 23.6 |  |  | 23.4 |
Total other non-current assets |  | $ | 133.0 |  |  | $ | 111.2 |
Accrued expenses and other current liabilities consist of the following:
|  | April 1, 2023 |  | April 2, 2022
|  | (millions)
Accrued inventory |  | $ | 212.3 |  |  | $ | 250.2 |
Accrued payroll and benefits |  | 198.1 |  |  | 278.0 |
Accrued operating expenses |  | 194.4 |  |  | 223.4 |
Dividends payable |  | 49.2 |  |  | 48.1 |
Accrued capital expenditures |  | 37.2 |  |  | 49.6 |
Other taxes payable |  | 32.8 |  |  | 60.9 |
Restructuring reserve |  | 20.8 |  |  | 30.8 |
Finance lease obligations |  | 20.3 |  |  | 19.8 |
Deferred income |  | 14.0 |  |  | 16.5 |
Other accrued expenses and current liabilities |  | 16.4 |  |  | 14.1 |
Total accrued expenses and other current liabilities |  | $ | 795.5 |  |  | $ | 991.4 |
Other non-current liabilities consist of the following:
|  | April 1, 2023 |  | April 2, 2022
|  | (millions)
Deferred lease incentives and obligations |  | $ | 43.2 |  |  | $ | 52.7 |
Accrued benefits and deferred compensation |  | 12.4 |  |  | 12.0 |
Deferred tax liabilities |  | 7.2 |  |  | 12.5 |
Derivative financial instruments |  | — |  |  | 18.1 |
Other non-current liabilities |  | 38.1 |  |  | 36.6 |
Total other non-current liabilities |  | $ | 100.9 |  |  | $ | 131.9 |

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//210/tableOfContent + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration