XML 17 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2023
Apr. 02, 2022
Current assets:    
Cash and cash equivalents $ 1,529.3 $ 1,863.8
Short-term investments 36.4 734.6
Accounts receivable, net of allowances of $175.3 million and $214.7 million 447.7 405.4
Inventories 1,071.3 977.3
Income tax receivable 50.7 63.7
Prepaid expenses and other current assets 188.7 172.5
Total current assets 3,324.1 4,217.3
Property and equipment, net 955.5 969.5
Operating lease right-of-use assets 1,134.0 1,111.3
Deferred tax assets 255.1 303.8
Goodwill 898.9 908.7
Intangible assets, net 88.9 102.9
Other non-current assets 133.0 111.2
Total assets 6,789.5 7,724.7
Current liabilities:    
Current portion of long-term debt 0.0 499.8
Accounts payable 371.6 448.7
Income tax payable 59.7 53.8
Current operating lease liabilities 266.7 262.0
Accrued expenses and other current liabilities 795.5 991.4
Total current liabilities 1,493.5 2,255.7
Long-term debt 1,138.5 1,136.5
Long-term finance lease liabilities 315.3 341.6
Long-term operating lease liabilities 1,141.1 1,132.2
Non-current Income tax payable 75.9 98.9
Non-current liability for unrecognized tax benefits 93.8 91.9
Other non-current liabilities 100.9 131.9
Commitments and contingencies (Note 15)
Total liabilities 4,359.0 5,188.7
Equity:    
Additional paid-in-capital 2,824.3 2,748.8
Retained earnings 6,598.2 6,274.9
Treasury stock, Class A, at cost; 67.0 million and 61.9 million shares (6,797.3) (6,308.7)
Accumulated other comprehensive loss (196.0) (180.3)
Total equity 2,430.5 2,536.0
Total liabilities and equity 6,789.5 7,724.7
Class A common stock, par value $.01 per share; 107.7 million and 106.9 million shares issued; 40.7 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