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Intangible Assets and Goodwill (Tables) | 3 Months Ended
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Jul. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Indefinite-Lived Intangible Assets | 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.
Schedule of Finite-Lived Intangible Assets | 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.

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