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Restructuring and Other Charges
 3 Months Ended
Jun. 27, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Other Charges
Restructuring and Other Charges
A description of significant restructuring and other activities and their related costs is provided below.
Fiscal 2019 Restructuring Plan
On June 4, 2018, the Company's Board of Directors approved a restructuring plan associated with the Company's strategic objective of operating with discipline to drive sustainable growth (the "Fiscal 2019 Restructuring Plan"). The Fiscal 2019 Restructuring Plan includes the following restructuring-related activities: (i) rightsizing and consolidation of the Company's global distribution network and corporate offices; (ii) targeted severance-related actions; and (iii) closure of certain of its stores and shop-within-shops.
Actions associated with the Fiscal 2019 Restructuring Plan are complete and no additional charges are expected to be incurred in connection with this plan. A summary of the charges recorded in connection with the Fiscal 2019 Restructuring Plan during the fiscal period presented, as well as the cumulative charges recorded since its inception, is as follows:
 
 
Three Months Ended
 
 
 
 
June 29,
2019
 
Cumulative Charges
 
 
(millions)
Cash-related restructuring charges:
 
 
 
 
Severance and benefit costs
 
$
5.9

 
$
90.3

Lease termination and store closure costs
 
0.3

 
2.3

Other cash charges
 
0.8

 
10.8

Total cash-related restructuring charges
 
7.0

 
103.4

Non-cash charges:
 
 
 
 
Impairment of assets (see Note 7)
 
1.2

 
19.0

Inventory-related charges(a)
 
0.6

 
8.2

Accelerated stock-based compensation expense(b)
 
—

 
3.6

Loss on sale of property(c)
 
—

 
11.6

Total non-cash charges
 
1.8

 
42.4

Total charges
 
$
8.8

 
$
145.8

 
 
(a) 
Inventory-related charges are recorded within cost of goods sold in the consolidated statements of operations.
(b) 
Accelerated stock-based compensation expense, which is recorded within restructuring and other charges in the consolidated statements of operations, was recorded in connection with vesting provisions associated with certain separation agreements.
(c) 
Loss on sale of property, which was recorded within restructuring and other charges in the consolidated statements of operations, was incurred in connection with the sale of one of the Company's distribution centers in North America.
A summary of current period activity in the restructuring reserve related to the Fiscal 2019 Restructuring Plan is as follows:
 
 
Severance and Benefit Costs
 
Lease Termination
and Store
Closure Costs
 
Other Cash Charges
 
Total
 
 
(millions)
Balance at March 28, 2020
 
$
23.5

 
$
—

 
$
0.6

 
$
24.1

Additions charged to expense
 
—

 
—

 
—

 
—

Cash payments charged against reserve
 
(8.0
)
 
—

 
(0.6
)
 
(8.6
)
Balance at June 27, 2020
 
$
15.5

 
$
—

 
$
—

 
$
15.5


Other Restructuring Activities
During the three months ended June 27, 2020, the Company recorded $2.6 million in cash-related restructuring charges, primarily associated with severance and benefit costs. As of June 27, 2020, the remaining restructuring liability related to these charges, together with the liability related to restructuring plans initiated prior to the Company's fiscal year ended March 30, 2019 ("Fiscal 2019"), was $4.4 million, reflecting cash payments of $1.6 million made during the three months ended June 27, 2020.
The Company also recorded non-cash inventory-related charges of $1.3 million within cost of goods sold in the consolidated statements of operations during the three months ended June 27, 2020 in connection with its restructuring activities.
Other Charges
During the three-month periods ended June 27, 2020 and June 29, 2019, the Company recorded other charges of $4.4 million and $1.8 million, respectively, primarily related to rent and occupancy costs associated with certain previously exited real estate locations for which the related lease agreements have not yet expired.
The Company also recorded other charges of $20.8 million during the three months ended June 29, 2019 related to the donation of net cash proceeds received from the sale of its corporate jet. This donation was made to the Ralph Lauren Corporate Foundation (formerly known as the Polo Ralph Lauren Foundation), a non-profit, charitable foundation that supports various philanthropic programs.