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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 27, 2020
Mar. 28, 2020
Current assets:    
Cash and cash equivalents $ 2,451.3 $ 1,620.4
Short-term investments 259.3 495.9
Accounts receivable, net of allowances of $239.9 million and $276.2 million 108.7 277.1
Inventories 773.2 736.2
Income tax receivable 63.9 84.8
Prepaid expenses and other current assets 200.6 160.8
Total current assets 3,857.0 3,375.2
Property and equipment, net 945.8 979.5
Operating lease right-of-use assets 1,464.1 1,511.6
Deferred tax assets 309.5 245.2
Goodwill 921.9 915.5
Intangible assets, net 136.1 141.0
Other non-current assets 106.0 111.9
Total assets 7,740.4 7,279.9
Current liabilities:    
Short-term debt 0.0 475.0
Current portion of long-term debt 299.9 299.6
Accounts payable 144.2 246.8
Income tax payable 70.9 65.1
Current operating lease liabilities 314.7 288.4
Accrued expenses and other current liabilities 657.2 717.1
Total current liabilities 1,486.9 2,092.0
Long-term debt 1,630.1 396.4
Long-term operating lease liabilities 1,517.7 1,568.3
Income tax payable 132.7 132.7
Non-current liability for unrecognized tax benefits 91.7 88.9
Other non-current liabilities 325.8 308.5
Commitments and contingencies (Note 13)
Total liabilities 5,184.9 4,586.8
Equity:    
Additional paid-in-capital 2,609.5 2,594.4
Retained earnings 5,866.3 5,994.0
Treasury stock, Class A, at cost; 57.8 million and 57.3 million shares (5,812.3) (5,778.4)
Accumulated other comprehensive loss (109.3) (118.2)
Total equity 2,555.5 2,693.1
Total liabilities and equity 7,740.4 7,279.9
Class A common stock, par value $.01 per share; 106.0 million and 104.9 million shares issued; 48.2 million and 47.6 million shares outstanding    
Equity:    
Common stock 1.0 1.0
Class B common stock, par value $.01 per share; 24.9 million shares issued and outstanding    
Equity:    
Common stock $ 0.3 $ 0.3