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Shareholders' Equity (Tables) | 9 Months Ended
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Dec. 28, 2019
Equity [Abstract] |
Changes in Components of Accumulated Other Comprehensive Income (Loss), Net of Taxes | The following table details changes in the components of accumulated other comprehensive income (loss) (“AOCI”), net of taxes for the nine months ended December 28, 2019 and December 29, 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 | (160) |  |  | 11 |  |  | (149) |  |  |  |  |
Less: amounts reclassified from AOCI to earnings | — |  |  | (5) |  |  | (5) |  |  |  |  |
Other comprehensive (loss) income, net of tax | (160) |  |  | 16 |  |  | (144) |  |  |  |  |
Balance at December 29, 2018 | $ | (99) |  |  | $ | 6 |  |  | $ | (93) |  |  |  |  |
Balance at March 30, 2019 | $ | (73) |  |  | $ | 7 |  |  | $ | (66) |  |  |  |  |
Other comprehensive income before reclassifications | 40 |  |  | 4 |  |  | 44 |  |  |  |  |
Less: amounts reclassified from AOCI to earnings | — |  |  | 7 |  |  | 7 |  |  |  |  |
Other comprehensive income (loss), net of tax | 40 |  |  | (3) |  |  | 37 |  |  |  |  |
Balance at December 28, 2019 | $ | (33) |  |  | $ | 4 |  |  | $ | (29) |  |  |  |  |
(1)Foreign currency translation gains and losses for the nine months ended December 28, 2019 include net gains of $3 million on intra-entity transactions that are of a long-term investment nature, a $4 million translation loss relating to the inclusion of the Versace business and a $44 million gain, net of taxes of $9 million, relating to the Company’s net investment hedges. Foreign currency translation gains and losses for the nine months ended December 29, 2018 include net gains of $10 million on intra-entity transactions that are of a long-term investment nature, a $139 million translation loss relating to the inclusion of the Jimmy Choo business and a $13 million gain, net of taxes of $3 million, 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.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580 + Details
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