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Debt Obligations (Tables)

12 Months Ended

Mar. 29, 2025

Debt Disclosure [Abstract]

Schedule of Debt Obligations

The following table presents the Company’s debt obligations (in millions):

			March 29, 2025						March 30, 2024
Revolving Credit Facilities			$	755					$	764
2025 Term Loans			712						—
Versace Term Loan			—						486
Senior Notes due 2024 (1)			—						450
Other			39						24
Total debt			1,506						1,724
Less: Unamortized debt issuance costs			6						1
Total carrying value of debt			1,500						1,723
Less: Short-term debt (1)			24						462
Total long-term debt			$	1,476					$	1,261

(1)As of March 30, 2024, the Senior Notes are recorded within short-term debt on the Company’s consolidated balance sheets.

Schedule of Supplier Finance Program

The following table presents a rollforward of the Company’s supplier financing program activities (in millions):

			March 29, 2025						March 30, 2024
Obligations outstanding, beginning of year			$	11					$	4
Invoices added during the year			149						128
Invoices settled during the year			(136)						(121)
Obligations outstanding, end of year			$	24					$	11

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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