Other Assets and Liabilities (Tables)

9 Months Ended

Dec. 28, 2024

Prepaid expenses and other current assets consist of the following:


	December 28, 2024		March 30, 2024
	(millions)

Derivative financial instruments	$	57.6	$	6.0
Tenant allowances receivable	47.9		5.2
Other taxes receivable	24.4		26.1
Inventory return asset	22.4		13.3
Non-trade receivables	22.2		27.2
Prepaid software maintenance	22.2		19.2
Prepaid marketing and advertising	21.5		19.6
Prepaid occupancy expense	11.2		8.3
Cloud computing arrangement implementation costs	8.7		7.2
Prepaid insurance	6.6		4.1
Prepaid logistic services	6.3		6.5
Restricted cash	1.4		2.8
Other prepaid expenses and current assets	22.1		26.4
Total prepaid expenses and other current assets	$	274.5	$	171.9

Other non-current assets consist of the following:


	December 28, 2024		March 30, 2024
	(millions)
Security deposits	$	35.0	$	34.2
Cloud computing arrangement implementation costs	16.3		16.0
Restricted cash	5.4		5.6
Deferred rent assets	3.1		6.3
Equity method and other investments	1.5		7.5

Derivative financial instruments	1.2		30.6
Other non-current assets	28.2		25.5
Total other non-current assets	$	90.7	$	125.7

Accrued expenses and other current liabilities consist of the following:


	December 28, 2024		March 30, 2024
	(millions)
Accrued payroll and benefits	$	233.1	$	207.7
Accrued operating expenses	231.7		192.0
Accrued inventory	173.5		122.2
Other taxes payable	109.6		60.8
Accrued marketing and advertising	104.2		74.2
Dividends payable	51.0		47.5
Accrued capital expenditures	28.2		26.7
Deferred income	22.5		17.3
Finance lease obligations	19.1		19.2
Restructuring reserve	16.1		32.3
Other accrued expenses and current liabilities	7.1		9.8
Total accrued expenses and other current liabilities	$	996.1	$	809.7

Other non-current liabilities consist of the following:


	December 28, 2024		March 30, 2024
	(millions)
Asset retirement obligations	$	36.2	$	34.8
Deferred lease incentives and obligations	35.8		41.0
Accrued benefits and deferred compensation	23.9		20.5
Deferred tax liabilities	9.3		7.0
Derivative financial instruments	—		5.2
Other non-current liabilities	5.4		5.1
Total other non-current liabilities	$	110.6	$	113.6