XML 68 R48.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2

Segment Information (Tables)

12 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Net revenues by segment

Net revenues for each of the Company's segments are as follows:

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Net revenues:
North America						$	2,950.5					$	3,020.5					$	2,968.2
Europe						1,968.0						1,839.2						1,780.7
Asia						1,566.6						1,426.7						1,286.8
Other non-reportable segments						146.3						157.2						182.8
Total net revenues						$	6,631.4					$	6,443.6					$	6,218.5

Net operating income by segment

Operating income for each of the Company's segments is as follows:

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Operating income(a):
North America						$	553.6					$	543.2					$	676.7
Europe						464.9						406.5						444.0
Asia						335.9						289.6						228.8
Other non-reportable segments						128.9						146.4						138.4
						1,483.3						1,385.7						1,487.9
Unallocated corporate expenses						(652.0)						(638.5)						(667.3)
Unallocated restructuring and other charges, net(b)						(74.9)						(43.0)						(22.2)
Total operating income						$	756.4					$	704.2					$	798.4

(a)Segment operating income and unallocated corporate expenses during the fiscal years presented also included asset impairment charges (see Note 8), which are detailed below. No asset impairment charges were recorded during Fiscal 2024.

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Asset impairment charges:
North America						$	—					$	(9.5)					$	(2.4)
Asia						—						—						(1.1)
Other non-reportable segments						—						—						(0.3)
Unallocated corporate expenses						—						(0.2)						(17.5)
Total asset impairment charges						$	—					$	(9.7)					$	(21.3)

(b)The fiscal years presented included certain unallocated restructuring and other charges, net (see Note 9), which are detailed below:

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Unallocated restructuring and other charges, net:
North America-related						$	(6.6)					$	(0.4)					$	0.1
Europe-related						(3.9)						(2.7)						2.1
Asia-related						(7.6)						(1.3)						2.8
Other non-reportable segment-related						(0.6)						—						(0.1)
Corporate operations-related						(37.1)						(14.8)						(8.9)
Unallocated restructuring charges						(55.8)						(19.2)						(4.0)
Other charges (see Note 9)						(19.1)						(23.8)						(18.2)
Total unallocated restructuring and other charges, net						$	(74.9)					$	(43.0)					$	(22.2)

Asset impairment charges by segment

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Asset impairment charges:
North America						$	—					$	(9.5)					$	(2.4)
Asia						—						—						(1.1)
Other non-reportable segments						—						—						(0.3)
Unallocated corporate expenses						—						(0.2)						(17.5)
Total asset impairment charges						$	—					$	(9.7)					$	(21.3)

Schedule of unallocated restructuring and other charges

The fiscal years presented included certain unallocated restructuring and other charges, net (see Note 9), which are detailed below:

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Unallocated restructuring and other charges, net:
North America-related						$	(6.6)					$	(0.4)					$	0.1
Europe-related						(3.9)						(2.7)						2.1
Asia-related						(7.6)						(1.3)						2.8
Other non-reportable segment-related						(0.6)						—						(0.1)
Corporate operations-related						(37.1)						(14.8)						(8.9)
Unallocated restructuring charges						(55.8)						(19.2)						(4.0)
Other charges (see Note 9)						(19.1)						(23.8)						(18.2)
Total unallocated restructuring and other charges, net						$	(74.9)					$	(43.0)					$	(22.2)

Depreciation and amortization by segment

The following tables summarize depreciation and amortization expense and capital expenditures for each of the Company's segments:

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Depreciation and amortization expense:
North America						$	81.1					$	74.3					$	72.8
Europe						36.9						32.0						32.3
Asia						52.4						48.3						51.9
Other non-reportable segments						—						—						0.4
Unallocated corporate						58.6						65.9						72.3
Total depreciation and amortization expense						$	229.0					$	220.5					$	229.7

Schedule of capital expenditures, by segment

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Capital expenditures:
North America						$	55.5					$	73.5					$	36.6
Europe						25.2						34.3						39.0
Asia						49.0						68.4						49.1
Other non-reportable segments						—						—						1.8
Unallocated corporate						35.1						41.3						40.4
Total capital expenditures						$	164.8					$	217.5					$	166.9

Net revenues and long-lived assets by geographic location

Net revenues and long-lived assets by geographic location of the reporting subsidiary are as follows:

						Fiscal Years Ended
						March 30, 2024						April 1, 2023						April 2, 2022
						(millions)
Net revenues(a):
The Americas(b)						$	3,122.2					$	3,201.1					$	3,164.5
Europe(c)						1,942.6						1,815.9						1,766.1
Asia(d)						1,566.6						1,426.6						1,287.9
Total net revenues						$	6,631.4					$	6,443.6					$	6,218.5

						March 30, 2024						April 1, 2023
						(millions)
Long-lived assets(a):
The Americas(b)						$	1,045.8					$	1,121.5
Europe(c)						520.5						612.7
Asia(d)						298.7						355.3
Total long-lived assets						$	1,865.0					$	2,089.5

(a)For certain of the Company's licensed operations, net revenues and long-lived assets, which is comprised of property and equipment and lease ROU assets, are included within the geographic location of the reporting subsidiary which holds the respective license.

(b)Includes the U.S., Canada, and Latin America. Net revenues earned in the U.S. were $2.971 billion, $3.055 billion, and $3.039 billion in Fiscal 2024, Fiscal 2023, and Fiscal 2022, respectively. Long-lived assets located in the U.S. were $1.024 billion and $1.106 billion as of March 30, 2024 and April 1, 2023, respectively.

(c)Includes the Middle East.

(d)Includes Australia and New Zealand.

X

- Definition

Asset impairment charges by segment [Table Text Block]

+ References

No definition available.

+ Details

Name:	rl_AssetimpairmentchargesbysegmentTableTextBlock
Namespace Prefix:	rl_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

[Table Text Block] for A schedule of registrant's capital expenditures, including capital expenditures attributable to each of its reportable segments.

+ References

No definition available.

+ Details

Name:	rl_ScheduleOfCapitalExpenduturesBySegmentTableTextBlock
Namespace Prefix:	rl_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element is used to capture complete disclosure about depreciation and amortization expense for each reportable segment, as a single block of text.

+ References

No definition available.

+ Details

Name:	rl_ScheduleOfDepreciationAndAmortizationBySegmentTableTextBlock
Namespace Prefix:	rl_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

[Table Text Block] for Restructuring and Other Charges by Segment [Table]

+ References

No definition available.

+ Details

Name:	rl_UnallocatedRestructuringandOtherChargesbySegmentTableTextBlock
Namespace Prefix:	rl_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration