Additional Financial Information

9 Months Ended

Dec. 30, 2023

Supplemental Cash Flow Information [Abstract]

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

A reconciliation of cash, cash equivalents, and restricted cash as of December 30, 2023 and April 1, 2023 from the consolidated balance sheets to the consolidated statements of cash flows is as follows:


	December 30, 2023		April 1, 2023
	(millions)
Cash and cash equivalents	$	1,803.6	$	1,529.3
Restricted cash included within prepaid expenses and other current assets	2.8		1.5
Restricted cash included within other non-current assets	5.7		6.1
Total cash, cash equivalents, and restricted cash	$	1,812.1	$	1,536.9

Restricted cash relates to cash held in escrow with certain banks as collateral, primarily to secure guarantees in connection with certain international tax matters and real estate leases.

Cash Paid for Interest and Taxes

Cash paid for interest and income taxes is as follows:


	Nine Months Ended
		December 30, 2023		December 31, 2022
		(millions)
Cash paid for interest		$	29.3	$	34.7
Cash paid for income taxes, net of refunds		114.5		85.4

Cash Paid for Leases

The following table summarizes certain cash flow information related to the Company's leases:


	Nine Months Ended
	December 30, 2023		December 31, 2022
	(millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	277.3	$	253.3
Operating cash flows for finance leases	7.0		8.4
Financing cash flows for finance leases	16.3		15.9

Non-cash Transactions

Operating lease ROU assets recorded in connection with the recognition of new lease liabilities were $111.3 million and $220.3 million for the nine-month periods ended December 30, 2023 and December 31, 2022, respectively. Finance lease ROU assets recorded in connection with the recognition of new lease liabilities were $0.5 million and $0.3 million for the nine-month periods ended December 30, 2023 and December 31, 2022, respectively. Additionally, $27.1 million of finance lease ROU assets were reclassified and reflected as operating lease ROU assets as a result of certain lease amendments executed during the nine months ended December 30, 2023.

Non-cash investing activities also included capital expenditures incurred but not yet paid of $27.6 million and $41.9 million for the nine-month periods ended December 30, 2023 and December 31, 2022, respectively.

There were no other significant non-cash investing or financing activities for any of the fiscal periods presented.