Property and Equipment

3 Months Ended

Jun. 27, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment, net consists of the following:

	June 27, 2020			March 28, 2020
	(millions)
Land and improvements	$	15.3		$	15.3
Buildings and improvements	311.6			309.0
Furniture and fixtures	637.7			629.5
Machinery and equipment	383.2			378.8
Capitalized software	547.4			543.3
Leasehold improvements	1,213.6			1,194.5
Construction in progress	33.0			37.5
	3,141.8			3,107.9
Less: accumulated depreciation	(2,196.0		)	(2,128.4		)
Property and equipment, net	$	945.8		$	979.5

Depreciation expense was $58.5 million and $60.3 million during the three-month periods ended June 27, 2020 and June 29, 2019, respectively, and is recorded primarily within SG&A expenses in the consolidated statements of operations.