Property and Equipment, net

6 Months Ended

Sep. 28, 2019

Property, Plant and Equipment [Abstract]

Property and equipment, net, consists of (in millions):



	September 28, 2019			March 30, 2019
Leasehold improvements	$	656		$	639
Computer equipment and software	307			292
Furniture and fixtures	298			292
In-store shops	272			270
Equipment	124			123
Building	46			47
Land	17			15
	1,720			1,678
Less: accumulated depreciation and amortization	(1,205		)	(1,115		)
	515			563
Construction-in-progress	74			52
	$	589		$	615

Depreciation and amortization of property and equipment for the three months ended September 28, 2019 and September 29, 2018 was $52 million and $45 million, respectively, and was $99 million and $92 million, respectively, for the six months ended September 28, 2019 and September 29, 2018. During the three months ended September 28, 2019, the Company recorded property and equipment impairment charges of $10 million, primarily related to Jimmy Choo and Versace store locations. During the six months ended September 28, 2019, the Company recorded property and equipment impairment charges of $23 million, $11 million of which related to determining asset groups for the Company’s premier store locations at an individual store level, $7 million of which related to Michael Kors and $4 million related to Jimmy Choo. In addition, during the six months ended September 28, 2019, the Company recorded property and equipment impairment charges of $12 million, primarily related to Jimmy Choo and Versace store locations (see Note 13 for additional information). During the three and six months ended September 29, 2018, the Company recorded property and equipment impairment charges of $6 million and $9 million, respectively, of which $4 million and $8 million, respectively, were related to underperforming Michael Kors full-price retail store locations, some of which related to the Retail Fleet Optimization Plan, as defined in Note 10.