v3.25.4

Other Current Assets and Other Current Liabilities | 9 Months Ended
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Dec. 27, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Other Current Assets and Other Current Liabilities | Other Current Assets and Other Current Liabilities Prepaid expenses and other current assets consist of the following (in millions):
| December 27, 2025 |  | March 29, 2025
Prepaid taxes | $ | 146 |  |  | $ | 65 |
Prepaid contracts | 16 |  |  | 20 |
Interest receivable related to hedges | 13 |  |  | 36 |
Restricted cash | 10 |  |  | 9 |
Other accounts receivables | 6 |  |  | 8 |
Other prepaid expenses and current assets | 27 |  |  | 18 |
Total prepaid expenses and other current assets | $ | 218 |  |  | $ | 156 |
Accrued expenses and other current liabilities consist of the following (in millions):
| December 27, 2025 |  | March 29, 2025
Accrued e-commerce | $ | 47 |  |  | $ | 15 |
Other taxes payable | 40 |  |  | 32 |
Return liabilities | 39 |  |  | 25 |
Accrued advertising and marketing | 33 |  |  | 28 |
Professional services | 20 |  |  | 16 |
Accrued purchases and samples | 20 |  |  | 21 |
Accrued rent (1) | 14 |  |  | 16 |
Retail store expense accrual | 13 |  |  | 15 |
Accrued capital expenditures | 9 |  |  | 9 |
Gift and retail store credits | 9 |  |  | 10 |
Deferred income | 6 |  |  | 1 |
Other accrued expenses and current liabilities | 36 |  |  | 45 |
Total accrued expenses and other current liabilities | $ | 286 |  |  | $ | 233 |
(1)The accrued rent balance relates to variable lease payments.

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