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Current Assets and Current Liabilities

6 Months Ended

Sep. 28, 2019

Prepaid expenses and other current assets consist of the following (in millions):



	September 28, 2019		March 30, 2019
Prepaid taxes	$	187	$	125
Interest receivable related to net investment hedges	25		11
Unrealized gains on forward foreign currency exchange contracts	7		5
Prepaid property and equipment	6		7
Prepaid rent ⁽¹⁾	—		24
Other	50		49
	$	275	$	221

Accrued expenses and other current liabilities consist of the following (in millions):



	September 28, 2019		March 30, 2019
Other taxes payable	$	60	$	47
Return liabilities	35		35
Accrued capital expenditures	27		25
Accrued advertising and marketing	23		10
Accrued rent ⁽²⁾	18		34
Gift cards and retail store credits	12		13
Professional services	10		12
Accrued litigation	10		11
Accrued interest	10		10
Restructuring liability ⁽¹⁾	7		64
Accrued purchases and samples	5		29
Other	66		84
	$	283	$	374


⁽¹⁾	In connection with the adoption of ASU 2016-02, certain lease related assets and liabilities were reflected within operating lease right-of-use assets and liabilities as of September 28, 2019. See Note 2 and Note 4 for additional information.

⁽²⁾

The accrued rent balance relates to variable lease payments.