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Current Assets and Current Liabilities (Tables) | 9 Months Ended
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Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Prepaid Expenses and Other Current Assets | Prepaid expenses and other current assets consist of the following (in millions):
| December 31, 2022 |  | April 2, 2022
Prepaid taxes | $ | 162 |  |  | $ | 86 |
Prepaid contracts | 24 |  |  | 15 |
Other accounts receivables | 9 |  |  | 17 |
Interest receivable related to net investment hedges | 3 |  |  | 13 |
Other | 45 |  |  | 61 |
Total prepaid expenses and other current assets | $ | 243 |  |  | $ | 192 |
Schedule of Accrued Expenses and Other Current Liabilities | Accrued expenses and other current liabilities consist of the following (in millions):
| December 31, 2022 |  | April 2, 2022
Other taxes payable | $ | 81 |  |  | $ | 61 |
Return liabilities | 64 |  |  | 52 |
Accrued capital expenditures | 51 |  |  | 39 |
Accrued advertising and marketing | 32 |  |  | 21 |
Accrued rent (1) | 21 |  |  | 20 |
Professional services | 19 |  |  | 15 |
Gift cards and retail store credits | 15 |  |  | 17 |
Accrued litigation | 11 |  |  | 13 |
Accrued interest | 8 |  |  | 10 |
Accrued purchases and samples | 7 |  |  | 11 |
Charitable donations (2) | — |  |  | 10 |
Other | 104 |  |  | 82 |
Total accrued expenses and other current liabilities | $ | 413 |  |  | $ | 351 |
(1)The accrued rent balance relates to variable lease payments. (2)The charitable donations balance relates to a $10 million unconditional pledge to The Versace Foundation as of April 2, 2022 which was paid during the third quarter ended December 31, 2022.

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