XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.23.2

Other Assets and Liabilities (Tables) | 3 Months Ended
--- | ---
Jul. 01, 2023
Balance Sheet Related Disclosures [Abstract] |
Schedule of prepaid expenses and other current assets | Prepaid expenses and other current assets consist of the following:
|  | July 1, 2023 |  | April 1, 2023
|  | (millions)
Non-trade receivables |  | $ | 33.0 |  |  | $ | 30.7 |
Other taxes receivable |  | 26.9 |  |  | 46.7 |
Prepaid advertising and marketing |  | 25.2 |  |  | 10.4 |
Prepaid software maintenance |  | 21.0 |  |  | 18.5 |
Prepaid occupancy expense |  | 15.6 |  |  | 5.8 |
Inventory return asset |  | 9.6 |  |  | 10.5 |
Prepaid insurance |  | 9.3 |  |  | 4.1 |
Cloud computing arrangement implementation costs |  | 7.1 |  |  | 6.2 |
Prepaid logistic services |  | 6.5 |  |  | 6.5 |
Derivative financial instruments |  | 4.6 |  |  | 1.7 |
Tenant allowances receivable |  | 4.3 |  |  | 3.9 |
Other prepaid expenses and current assets |  | 44.9 |  |  | 43.7 |
Total prepaid expenses and other current assets |  | $ | 208.0 |  |  | $ | 188.7 |
Schedule of other non-current assets | Other non-current assets consist of the following:
|  | July 1, 2023 |  | April 1, 2023
|  | (millions)
Security deposits |  | $ | 32.4 |  |  | $ | 33.0 |
Derivative financial instruments |  | 30.8 |  |  | 42.8 |
Cloud computing arrangement implementation costs |  | 10.7 |  |  | 10.1 |
Equity method and other investments |  | 10.6 |  |  | 10.6 |
Deferred rent assets |  | 6.7 |  |  | 6.8 |
Restricted cash |  | 5.6 |  |  | 6.1 |
Other non-current assets |  | 25.9 |  |  | 23.6 |
Total other non-current assets |  | $ | 122.7 |  |  | $ | 133.0 |
Schedule of accrued expenses and other current liabilities | Accrued expenses and other current liabilities consist of the following:
|  | July 1, 2023 |  | April 1, 2023
|  | (millions)
Accrued inventory |  | $ | 267.6 |  |  | $ | 212.3 |
Accrued operating expenses |  | 178.6 |  |  | 194.4 |
Accrued payroll and benefits |  | 139.3 |  |  | 198.1 |
Other taxes payable |  | 50.4 |  |  | 32.8 |
Dividends payable |  | 49.0 |  |  | 49.2 |
Restructuring reserve |  | 40.3 |  |  | 20.8 |
Accrued capital expenditures |  | 36.1 |  |  | 37.2 |
Finance lease obligations |  | 19.5 |  |  | 20.3 |
Deferred income |  | 18.0 |  |  | 14.0 |
Other accrued expenses and current liabilities |  | 10.2 |  |  | 16.4 |
Total accrued expenses and other current liabilities |  | $ | 809.0 |  |  | $ | 795.5 |
Schedule of non-current liabilities | Other non-current liabilities consist of the following:
|  | July 1, 2023 |  | April 1, 2023
|  | (millions)
Deferred lease incentives and obligations |  | $ | 44.5 |  |  | $ | 43.2 |
Deferred tax liabilities |  | 12.8 |  |  | 7.2 |
Accrued benefits and deferred compensation |  | 12.4 |  |  | 12.4 |
Restructuring reserve |  | 6.0 |  |  | 0.1 |
Other non-current liabilities |  | 37.5 |  |  | 38.0 |
Total other non-current liabilities |  | $ | 113.2 |  |  | $ | 100.9 |

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 Tabular disclosure of other current liabilities. + References No definition available. + Details
Name: | us-gaap_OtherCurrentLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of other noncurrent liabilities. + References No definition available. + Details
Name: | us-gaap_OtherNoncurrentLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of noncurrent assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfOtherAssetsNoncurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration