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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 01, 2023
Apr. 01, 2023
Current assets:    
Cash and cash equivalents $ 1,607.2 $ 1,529.3
Short-term investments 73.1 36.4
Accounts receivable, net of allowances of $160.8 million and $175.3 million 345.8 447.7
Inventories 1,187.8 1,071.3
Income tax receivable 51.2 50.7
Prepaid expenses and other current assets 208.0 188.7
Total current assets 3,473.1 3,324.1
Property and equipment, net 930.0 955.5
Operating lease right-of-use assets 1,106.6 1,134.0
Deferred tax assets 258.0 255.1
Goodwill 892.5 898.9
Intangible assets, net 85.5 88.9
Other non-current assets 122.7 133.0
Total assets 6,868.4 6,789.5
Current liabilities:    
Accounts payable 448.4 371.6
Current income tax payable 61.8 59.7
Current operating lease liabilities 274.5 266.7
Accrued expenses and other current liabilities 809.0 795.5
Total current liabilities 1,593.7 1,493.5
Long-term debt 1,139.0 1,138.5
Long-term finance lease liabilities 307.3 315.3
Long-term operating lease liabilities 1,099.2 1,141.1
Non-current income tax payable 75.9 75.9
Non-current liability for unrecognized tax benefits 99.1 93.8
Other non-current liabilities 113.2 100.9
Commitments and contingencies (Note 12)
Total liabilities 4,427.4 4,359.0
Equity:    
Additional paid-in-capital 2,845.7 2,824.3
Retained earnings 6,681.3 6,598.2
Treasury stock, Class A, at cost; 67.5 million and 67.0 million shares (6,854.5) (6,797.3)
Accumulated other comprehensive loss (232.8) (196.0)
Total equity 2,441.0 2,430.5
Total liabilities and equity 6,868.4 6,789.5
Class A common stock, par value $.01 per share; 107.9 million and 107.7 million shares issued; 40.4 million and 40.7 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