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Intangible Assets and Goodwill (Tables) | 12 Months Ended
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Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Carrying Values of Finite-Lived Intangible Assets | The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
| March 30, 2019 |  | March 31, 2018
| Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Reacquired rights | $ | 400 |  |  | $ | 45 |  |  | $ | 355 |  |  | $ | 400 |  |  | $ | 29 |  |  | $ | 371 |
Trademarks | 23 |  |  | 19 |  |  | 4 |  |  | 23 |  |  | 17 |  |  | 6 |
Lease rights | 96 |  |  | 56 |  |  | 40 |  |  | 80 |  |  | 58 |  |  | 22 |
Customer relationships | 415 |  |  | 23 |  |  | 392 |  |  | 231 |  |  | 8 |  |  | 223 |
| 934 |  |  | 143 |  |  | 791 |  |  | 734 |  |  | 112 |  |  | 622 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Jimmy Choo brand (2) | 572 |  |  | — |  |  | 572 |  |  | 614 |  |  | — |  |  | 614 |
Versace brand | 930 |  |  | — |  |  | 930 |  |  | — |  |  | — |  |  | — |
| 1,502 |  |  | — |  |  | 1,502 |  |  | 614 |  |  | — |  |  | 614 |
Total intangible assets, excluding goodwill | $ | 2,436 |  |  | $ | 143 |  |  | $ | 2,293 |  |  | $ | 1,348 |  |  | $ | 112 |  |  | $ | 1,236 |
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(1) | Includes $2 million, $5 million and $30 million, respectively, of impairment charges recorded during Fiscal 2019, Fiscal 2018 and Fiscal 2017 in connection with underperforming full-price retail stores. See Note 13 for additional information.
(2) | The change in carrying value relates to foreign currency translation.
Carrying Values of Indefinite-Lived Intangible Assets | The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
| March 30, 2019 |  | March 31, 2018
| Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Reacquired rights | $ | 400 |  |  | $ | 45 |  |  | $ | 355 |  |  | $ | 400 |  |  | $ | 29 |  |  | $ | 371 |
Trademarks | 23 |  |  | 19 |  |  | 4 |  |  | 23 |  |  | 17 |  |  | 6 |
Lease rights | 96 |  |  | 56 |  |  | 40 |  |  | 80 |  |  | 58 |  |  | 22 |
Customer relationships | 415 |  |  | 23 |  |  | 392 |  |  | 231 |  |  | 8 |  |  | 223 |
| 934 |  |  | 143 |  |  | 791 |  |  | 734 |  |  | 112 |  |  | 622 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Jimmy Choo brand (2) | 572 |  |  | — |  |  | 572 |  |  | 614 |  |  | — |  |  | 614 |
Versace brand | 930 |  |  | — |  |  | 930 |  |  | — |  |  | — |  |  | — |
| 1,502 |  |  | — |  |  | 1,502 |  |  | 614 |  |  | — |  |  | 614 |
Total intangible assets, excluding goodwill | $ | 2,436 |  |  | $ | 143 |  |  | $ | 2,293 |  |  | $ | 1,348 |  |  | $ | 112 |  |  | $ | 1,236 |
________________________________
(1) | Includes $2 million, $5 million and $30 million, respectively, of impairment charges recorded during Fiscal 2019, Fiscal 2018 and Fiscal 2017 in connection with underperforming full-price retail stores. See Note 13 for additional information.
Estimated Amortization Expense | Estimated amortization expense for each of the next five years is as follows (in millions):
Fiscal 2020 | $ | 56 |
Fiscal 2021 | 55 |
Fiscal 2022 | 52 |
Fiscal 2023 | 50 |
Fiscal 2024 | 49 |
Fiscal 2025 and thereafter | 529 |
| $ | 791 |
Changes in Goodwill for Reportable Segments | The following table details the changes in goodwill for each of the Company’s reportable segments (in millions):
| Versace |  | Jimmy Choo |  | Michael Kors (1) |  | Total
Balance at April 1, 2017 | $ | — |  |  | $ | — |  |  | $ | 120 |  |  | $ | 120 |
Acquisition of Jimmy Choo | — |  |  | 685 |  |  | — |  |  | 685 |
Foreign currency translation | — |  |  | 43 |  |  | — |  |  | 43 |
Balance at March 31, 2018 | — |  |  | 728 |  |  | 120 |  |  | 848 |
Acquisition of Versace (2) | 878 |  |  | — |  |  | — |  |  | 878 |
Foreign currency translation | (17 | ) |  | (50 | ) |  | — |  |  | (67 | )
Balance at March 30, 2019 | $ | 861 |  |  | $ | 678 |  |  | $ | 120 |  |  | $ | 1,659 |
(1) | In connection with the realignment of the Company’s reportable segment structure, the Company presented the carrying amount of goodwill of MK Retail, MK Wholesale and MK Licensing reporting units within the Michael Kors reportable segment, effective beginning in the fourth quarter of Fiscal 2019.
(2) | See Note 4 for additional information.

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