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Revenue Recognition (Tables)

6 Months Ended

Sep. 28, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Contractually Guaranteed Minimum Fees

As of September 28, 2019, contractually guaranteed minimum fees from our license agreements expected to be recognized as revenue during future periods were as follows (in millions):

		Contractually Guaranteed Minimum Fees
					Remainder of Fiscal 2020	$	14
	Fiscal 2021	27
	Fiscal 2022	27
	Fiscal 2023	20
	Fiscal 2024	10
	Fiscal 2025 and thereafter	34
	Total	$	132

Schedule of Segment Revenues Disaggregated by Geographic Location

The following table presents the Company’s segment revenues disaggregated by geographic location (in millions):

	Three Months Ended								Six Months Ended
	September 28, 2019				September 29, 2018				September 28, 2019				September 29, 2018
Versace revenue - the Americas	$	48			$	—			$	92			$	—
Versace revenue - EMEA	121				—				213				—
Versace revenue - Asia	59				—				130				—
Total Versace	228				—				435				—
Jimmy Choo revenue - the Americas	21				20				51				46
Jimmy Choo revenue - EMEA	64				56				143				158
Jimmy Choo revenue - Asia	40				40				89				85
Total Jimmy Choo	125				116				283				289
Michael Kors revenue - the Americas	733				773				1,388				1,465
Michael Kors revenue - the EMEA	224				233				413				433
Michael Kors revenue - the Asia	132				131				269				269
Total Michael Kors	1,089				1,137				2,070				2,167
Total revenue - the Americas	802				793				1,531				1,511
Total revenue - EMEA	409				289				769				591
Total revenue - Asia	231				171				488				354
Total revenue	$	1,442			$	1,253			$	2,788			$	2,456

See Note 3 in the Company’s Annual Report on Form 10-K for the fiscal year ended March 30, 2019 for a complete disclosure of the Company’s revenue recognition.

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- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 340
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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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