Shareholders' Equity (Tables)

6 Months Ended

Sep. 27, 2025

Schedule of Changes in Components of Accumulated Other Comprehensive (Loss) Income, Net of Taxes

The following table details changes in the components of accumulated other comprehensive (loss) income, net of taxes, for the six months ended September 27, 2025 and September 28, 2024, respectively (in millions):


	Foreign Currency Translation Adjustments (1)		Net Loss on Derivatives (2)		Other Comprehensive (Loss) Income Attributable to Capri
Balance at March 29, 2025	$	67	$	(10)	$	57

Other comprehensive loss before reclassifications	(491)		(3)		(494)
Loss reclassified from AOCI to earnings	—		4		4
Other comprehensive loss, net of tax	(491)		1		(490)
Balance at September 27, 2025	$	(424)	$	(9)	$	(433)

Balance at March 30, 2024	$	161	$	—	$	161
Other comprehensive loss before reclassifications	(147)		(11)		(158)


Balance at September 28, 2024	$	14	$	(11)	$	3

(1)Foreign currency translation adjustments for the six months ended September 27, 2025 primarily include a $464 million loss, net of taxes of $156 million, relating to the Company’s net investment hedges, as well as a net $27 million translation loss. Foreign currency translation adjustments for the six months ended September 28, 2024 primarily include a $199 million loss, net of taxes of $67 million, relating to the Company’s net investment hedges partially offset by a net $52 million translation gain.

(2)Other comprehensive loss before reclassifications for both the six months ended September 27, 2025 and September 28, 2024 were primarily related to the Company’s forward foreign currency exchange contracts, net of taxes. Reclassifications from AOCI into earnings for six months ended September 27, 2025 were $3 million, net of taxes of $1 million related to the Company’s previously terminated interest rate swaps and $1 million, net of immaterial taxes, related to the Company’s forward foreign currency exchange contracts for inventory purchases.