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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Mar. 30, 2019
Accounting Policies [Abstract] |
Activity and Balances of Sales Reserves | The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended March 30, 2019, March 31, 2018, and April 1, 2017 (in millions):
| Balance Beginning of Year |  | Amounts Charged to Revenue |  | Write-offs Against Reserves |  | Balance at Year End
Retail |  |  |  |  |  |  |
Return Reserves: |  |  |  |  |  |  |
Fiscal year ended March 30, 2019 | $ | 12 |  |  | $ | 226 |  |  | $ | (223 | ) |  | $ | 15 |
Fiscal year ended March 31, 2018 | 7 |  |  | 161 |  |  | (156 | ) |  | 12 |
Fiscal year ended April 1, 2017 | 5 |  |  | 102 |  |  | (100 | ) |  | 7 |
| Balance Beginning of Year |  | Amounts Charged to Revenue |  | Write-offs Against Reserves |  | Balance at Year End
Wholesale |  |  |  |  |  |  |
Total Sales Reserves: |  |  |  |  |  |  |
Fiscal year ended March 30, 2019 | $ | 109 |  |  | $ | 262 |  |  | $ | (259 | ) |  | $ | 112 |
Fiscal year ended March 31, 2018 | 97 |  |  | 258 |  |  | (246 | ) |  | 109 |
Fiscal year ended April 1, 2017 | 111 |  |  | 271 |  |  | (285 | ) |  | 97 |
Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share | The components of the calculation of basic net income per ordinary share and diluted net income per ordinary share are as follows (in millions, except share and per share data):
| Fiscal Years Ended
| March 30, 2019 |  | March 31, 2018 |  | April 1, 2017
Numerator: |  |  |  |  |
Net income attributable to Capri | $ | 543 |  |  | $ | 592 |  |  | $ | 553 |
Denominator: |  |  |  |  |
Basic weighted average shares | 149,765,468 |  |  | 152,283,586 |  |  | 165,986,733 |
Weighted average dilutive share equivalents: |  |  |  |  |
Share options and restricted shares/units, and performance restricted share units | 1,848,882 |  |  | 2,819,299 |  |  | 2,137,080 |
Diluted weighted average shares | 151,614,350 |  |  | 155,102,885 |  |  | 168,123,813 |
Basic net income per share (1) | $ | 3.62 |  |  | $ | 3.89 |  |  | $ | 3.33 |
Diluted net income per share (1) | $ | 3.58 |  |  | $ | 3.82 |  |  | $ | 3.29 |
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(1) | Basic and diluted net income per share are calculated using unrounded numbers.
Schedule of Components of the Cumulative Adjustment for ASC 606 | The below table details the components of the cumulative adjustment recorded on April 1, 2018 (in millions):
| March 31, 2018 As Reported under ASC 605 |  | ASC 606 Adjustments |  | April 1, 2018 As Reported Under ASC 606
Receivables, net | $ | 290 |  |  | $ | 4 |  | (1) | $ | 294 |
Accrued expenses and other current liabilities | 296 |  |  | (5 | ) | (2) | 291 |
Deferred tax liabilities | 186 |  |  | 2 |  | (3) | 188 |
Retained earnings | 4,152 |  |  | 7 |  |  | 4,159 |
(1) | Includes a $4 million adjustment related to product licensing revenue, which was previously recorded on a one-month lag and an immaterial amount of guaranteed advertising minimums recognized by product licensees on a straight-line basis over the contract year.
(2) | Relates to recognition of breakage revenue associated with gift card liabilities not subject to escheatment.
(3) | Relates to income tax effect of the above adjustments.

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