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Shareholders' Equity (Tables)
 3 Months Ended
Jun. 29, 2019
Equity [Abstract]  
Changes in Components of Accumulated Other Comprehensive Loss, Net of Taxes
The following table details changes in the components of accumulated other comprehensive income (loss) (“AOCI”), net of taxes for the three months ended June 29, 2019 and June 30, 2018, respectively (in millions):
 
Foreign
Currency
Translation
Gains (Losses) (1)
 
Net (Losses) Gains on
Derivatives (2)
 
Other Comprehensive Income (Loss) Attributable to Capri
Balance at March 31, 2018
$
61

 
$
(10
)
 
$
51

Other comprehensive (loss) income before reclassifications
(103
)
 
8

 
(95
)
Less: amounts reclassified from AOCI to earnings 
—

 
(4
)
 
(4
)
Other comprehensive (loss) income, net of tax
(103
)
 
12

 
(91
)
Balance at June 30, 2018
$
(42
)
 
$
2

 
$
(40
)
 
 
 
 
 
 
Balance at March 30, 2019
$
(73
)
 
$
7

 
$
(66
)
Other comprehensive (loss) income before reclassifications
(25
)
 
—

 
(25
)
Less: amounts reclassified from AOCI to earnings
—

 
2

 
2

Other comprehensive (loss) income, net of tax
(25
)
 
(2
)
 
(27
)
Balance at June 29, 2019
$
(98
)
 
$
5

 
$
(93
)
 
 
 
 
 
(1) 
Foreign currency translation gains and losses for the three months ended June 29, 2019 and June 30, 2018 include net gains of $3 million and net gains of $5 million, respectively, on intra-entity transactions that are of a long-term investment nature. Foreign currency translation losses for the three months ended June 29, 2019 include a $28 million translation gain relating to the Versace business and a $21 million loss, net of taxes of $4 million relating to the Company’s net investment hedges. Foreign currency translation losses for the three months ended June 30, 2018 include a $4 million gain relating to the Company’s net investment hedges.
(2) 
Reclassified amounts relate to the Company’s forward foreign currency exchange contracts for inventory purchases and are recorded within cost of goods sold in the Company’s consolidated statements of operations and comprehensive income. All tax effects were not material for the periods presented.