Property and Equipment

9 Months Ended

Dec. 28, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment, net consists of the following:

	December 28, 2019			March 30, 2019
	(millions)
Land and improvements	$	15.3		$	15.3
Buildings and improvements	310.9			387.8
Furniture and fixtures	634.4			626.4
Machinery and equipment	363.3			350.4
Capitalized software	543.1			534.0
Leasehold improvements	1,223.6			1,169.4
Construction in progress	65.0			58.7
	3,155.6			3,142.0
Less: accumulated depreciation	(2,127.4		)	(2,102.8		)
Property and equipment, net	$	1,028.2		$	1,039.2

Depreciation expense was $62.3 million and $183.3 million during the three-month and nine-month periods ended December 28, 2019, respectively, and $66.0 million and $194.3 million during the three-month and nine-month periods ended December 29, 2018, respectively, and is recorded primarily within SG&A expenses in the consolidated statements of operations.