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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 01, 2017
Apr. 02, 2016
Current assets    
Cash and cash equivalents $ 227.7 $ 702.0
Receivables, net 265.8 307.9
Inventories 549.3 546.8
Prepaid expenses and other current assets 121.9 113.1
Total current assets 1,164.7 1,669.8
Property and equipment, net 591.5 758.2
Intangible assets, net 418.1 67.4
Goodwill 119.7 23.2
Deferred tax assets 73.3 24.5
Other assets 42.3 23.7
Total assets 2,409.6 2,566.8
Current liabilities    
Accounts payable 176.3 131.4
Accrued payroll and payroll related expenses 61.1 59.7
Accrued income taxes 60.3 51.6
Short-term debt 133.1 0.0
Accrued expenses and other current liabilities 135.0 192.8
Total current liabilities 565.8 435.5
Deferred rent 137.8 106.4
Deferred tax liabilities 80.0 3.5
Long-term debt 0.0 2.3
Other long-term liabilities 31.0 19.6
Total liabilities 814.6 567.3
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 209,332,493 shares issued and 155,833,304 outstanding at April 1, 2017; 208,084,175 shares issued and 176,441,891 outstanding at April 2, 2016 0.0 0.0
Treasury shares, at cost (53,499,189 shares at April 1, 2017 and 31,642,284 shares at April 2, 2016) (2,654.9) (1,650.1)
Additional paid-in capital 767.8 718.9
Accumulated other comprehensive loss (80.6) (80.9)
Retained earnings 3,560.3 3,007.8
Total shareholders' equity of MKHL 1,592.6 1,995.7
Noncontrolling interest 2.4 3.8
Total equity 1,595.0 1,999.5
Total liabilities and shareholders’ equity $ 2,409.6 $ 2,566.8