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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Jun. 26, 2021
Accounting Policies [Abstract] |
Schedule of Cash and Cash Equivalents | A reconciliation of cash, cash equivalents and restricted cash as of June 26, 2021 and March 27, 2021 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):
| June 26, 2021 |  | March 27, 2021
Reconciliation of cash, cash equivalents and restricted cash |  |  |
Cash and cash equivalents | $ | 356 |  |  | $ | 232 |
Restricted cash included within prepaid expenses and other current assets | 2 |  |  | 2 |
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows | $ | 358 |  |  | $ | 234 |
Restrictions on Cash and Cash Equivalents | A reconciliation of cash, cash equivalents and restricted cash as of June 26, 2021 and March 27, 2021 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):
| June 26, 2021 |  | March 27, 2021
Reconciliation of cash, cash equivalents and restricted cash |  |  |
Cash and cash equivalents | $ | 356 |  |  | $ | 232 |
Restricted cash included within prepaid expenses and other current assets | 2 |  |  | 2 |
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows | $ | 358 |  |  | $ | 234 |
Schedule of Net Lease Costs and Supplemental Cash Flow Information | The following table presents the Company’s supplemental cash flow information related to leases (in millions):
|  |  |  | Three Months Ended |  | Three Months Ended
|  |  |  | June 26, 2021 |  | June 27, 2020
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows used in operating leases (1) |  | $ | 149 |  |  | $ | 40 |
(1)Operating cash flows used in operating leases for the three months ended June 26, 2021 and June 27, 2020 excluded $4 million and $85 million, respectively, of rent payments that have been deferred due to the COVID-19 pandemic.
Schedule of Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share | The components of the calculation of basic net income (loss) per ordinary share and diluted net income (loss) per ordinary share are as follows (in millions, except share and per share data):
| Three Months Ended |  |
| June 26, 2021 |  | June 27, 2020 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Capri | $ | 219 |  |  | $ | (180) |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Basic weighted average shares | 151,312,103 |  |  | 149,556,310 |  |  |  |  |
Weighted average dilutive share equivalents: |  |  |  |  |  |  |
Share options and restricted shares/units, and performance restricted share units | 3,578,380 |  |  | — |  |  |  |  |
Diluted weighted average shares | 154,890,483 |  |  | 149,556,310 |  |  |  |  |
Basic net income (loss) per share (1) | $ | 1.45 |  |  | $ | (1.21) |  |  |  |  |
Diluted net income (loss) per share (1) | $ | 1.41 |  |  | $ | (1.21) |  |  |  |  |
(1)Basic and diluted net income (loss) per share are calculated using unrounded numbers.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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