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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2019
Mar. 31, 2018
Current assets    
Cash and cash equivalents $ 172 $ 163
Receivables, net 383 290
Inventories 953 661
Prepaid expenses and other current assets 221 148
Total current assets 1,729 1,262
Property and equipment, net 615 583
Intangible assets, net 2,293 1,236
Goodwill 1,659 848
Deferred tax assets 112 56
Other assets 242 74
Total assets 6,650 4,059
Current liabilities    
Accounts payable 371 294
Accrued payroll and payroll related expenses 133 93
Accrued income taxes 34 78
Short-term debt 630 200
Accrued expenses and other current liabilities 374 295
Total current liabilities 1,542 960
Deferred rent 132 128
Deferred tax liabilities 438 186
Long-term debt 1,936 675
Other long-term liabilities 166 88
Total liabilities 4,214 2,037
Commitments and contingencies
Redeemable noncontrolling interest 4 0
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 216,050,939 shares issued and 150,932,306 outstanding at March 30, 2019; 210,991,091 shares issued and 149,698,407 outstanding at March 31, 2018 0 0
Treasury shares, at cost (65,118,633 shares at March 30, 2019 and 61,292,684 shares at March 31, 2018) (3,223) (3,016)
Additional paid-in capital 1,011 831
Accumulated other comprehensive (loss) income (66) 51
Retained earnings 4,707 4,152
Total shareholders’ equity of Capri 2,429 2,018
Noncontrolling interest 3 4
Total shareholders’ equity 2,432 2,022
Total liabilities and shareholders’ equity $ 6,650 $ 4,059