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Intangible Assets and Goodwill | 3 Months Ended
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Jul. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Intangible Assets and Goodwill The following table details the carrying values of the Company’s intangible assets and goodwill (in millions):
| July 2, 2022 |  | April 2, 2022
Definite-lived intangible assets: |  |  |
Reacquired rights | $ | 400 |  |  | $ | 400 |
Trademarks | 23 |  |  | 23 |
Customer relationships (1) | 386 |  |  | 414 |
Gross definite-lived intangible assets | 809 |  |  | 837 |
Less: accumulated amortization | (231) |  |  | (228) |
Net definite-lived intangible assets | 578 |  |  | 609 |
Indefinite-lived intangible assets: |  |  |
Jimmy Choo brand (2) | 296 |  |  | 321 |
Versace brand (1) | 865 |  |  | 917 |
Net indefinite-lived intangible assets | 1,161 |  |  | 1,238 |
Total intangible assets, excluding goodwill | $ | 1,739 |  |  | $ | 1,847 |
Goodwill (3) | $ | 1,336 |  |  | $ | 1,418 |
(1)The change in the carrying value since April 2, 2022 reflects the impact of foreign currency translation. (2)Includes accumulated impairment of $249 million as of July 2, 2022 and April 2, 2022. The change in the carrying value since April 2, 2022 reflects the impact of foreign currency translation. (3)Includes accumulated impairment of $265 million related to the Jimmy Choo reporting units as of July 2, 2022 and April 2, 2022. The change in the carrying value since April 2, 2022 reflects the impact of foreign currency translation. Amortization expense for the Company’s definite-lived intangible assets for the three months ended July 2, 2022 and June 26, 2021 was $11 million and $12 million, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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