XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.21.2

Current Assets and Current Liabilities | 6 Months Ended
--- | ---
Sep. 25, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Current Assets and Current Liabilities | Current Assets and Current LiabilitiesPrepaid expenses and other current assets consist of the following (in millions):
| September 25, 2021 |  | March 27, 2021
Prepaid taxes | $ | 116 |  |  | $ | 133 |
Interest receivable related to net investment hedges | 21 |  |  | 12 |
Prepaid contracts | 17 |  |  | 11 |
Other accounts receivables | 16 |  |  | 13 |
Other | 44 |  |  | 36 |
| $ | 214 |  |  | $ | 205 |
Accrued expenses and other current liabilities consist of the following (in millions):
| September 25, 2021 |  | March 27, 2021
Other taxes payable | $ | 65 |  |  | $ | 46 |
Return liabilities | 48 |  |  | 46 |
Accrued advertising and marketing | 18 |  |  | 11 |
Accrued rent (1) | 17 |  |  | 20 |
Accrued capital expenditures | 17 |  |  | 17 |
Professional services | 14 |  |  | 13 |
Accrued litigation | 14 |  |  | 12 |
Accrued purchases and samples | 13 |  |  | 8 |
Gift cards and retail store credits | 13 |  |  | 12 |
Accrued interest | 9 |  |  | 10 |
Restructuring liability | 4 |  |  | 9 |
Charitable donations (2) | — |  |  | 20 |
Other | 67 |  |  | 73 |
| $ | 299 |  |  | $ | 297 |
(1)The accrued rent balance relates to variable lease payments. (2)Relates to a $20 million unconditional pledge to The Capri Holdings Foundation for the Advancement of Diversity in Fashion as of March 27, 2021 which was funded during the quarter ended September 25, 2021.

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration