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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2022
Apr. 02, 2022
Current assets:    
Cash and cash equivalents $ 1,566.1 $ 1,863.8
Short-term investments 131.4 734.6
Accounts receivable, net of allowances of $184.4 million and $214.7 million 424.0 405.4
Inventories 1,238.4 977.3
Income tax receivable 50.5 63.7
Prepaid expenses and other current assets 220.9 172.5
Total current assets 3,631.3 4,217.3
Property and equipment, net 947.5 969.5
Operating lease right-of-use assets 1,073.0 1,111.3
Deferred tax assets 270.4 303.8
Goodwill 890.4 908.7
Intangible assets, net 92.3 102.9
Other non-current assets 135.0 111.2
Total assets 7,039.9 7,724.7
Current liabilities:    
Current portion of long-term debt 0.0 499.8
Accounts payable 468.0 448.7
Current income tax payable 118.7 53.8
Current operating lease liabilities 264.4 262.0
Accrued expenses and other current liabilities 898.5 991.4
Total current liabilities 1,749.6 2,255.7
Long-term debt 1,138.0 1,136.5
Long-term finance lease liabilities 320.9 341.6
Long-term operating lease liabilities 1,079.2 1,132.2
Non-current income tax payable 75.5 98.9
Non-current liability for unrecognized tax benefits 97.4 91.9
Other non-current liabilities 111.5 131.9
Commitments and contingencies (Note 13)
Total liabilities 4,572.1 5,188.7
Equity:    
Additional paid-in-capital 2,808.7 2,748.8
Retained earnings 6,615.1 6,274.9
Treasury stock, Class A, at cost; 66.6 million and 61.9 million shares (6,754.5) (6,308.7)
Accumulated other comprehensive loss (202.8) (180.3)
Total equity 2,467.8 2,536.0
Total liabilities and equity 7,039.9 7,724.7
Class A common stock, par value $.01 per share; 107.7 million and 106.9 million shares issued; 41.1 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