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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 26, 2020
Mar. 28, 2020
Current assets:    
Cash and cash equivalents $ 2,012.0 $ 1,620.4
Short-term investments 434.1 495.9
Accounts receivable, net of allowances of $218.2 million and $276.2 million 354.0 277.1
Inventories 887.0 736.2
Income tax receivable 61.1 84.8
Prepaid expenses and other current assets 158.9 160.8
Total current assets 3,907.1 3,375.2
Property and equipment, net 921.5 979.5
Operating lease right-of-use assets 1,406.3 1,511.6
Deferred tax assets 352.9 245.2
Goodwill 935.0 915.5
Intangible assets, net 131.1 141.0
Other non-current assets 97.7 111.9
Total assets 7,751.6 7,279.9
Current liabilities:    
Short-term debt 0.0 475.0
Current portion of long-term debt 0.0 299.6
Accounts payable 284.5 246.8
Income tax payable 82.4 65.1
Current operating lease liabilities 317.7 288.4
Accrued expenses and other current liabilities 869.1 717.1
Total current liabilities 1,553.7 2,092.0
Long-term debt 1,631.0 396.4
Long-term operating lease liabilities 1,460.0 1,568.3
Income tax payable 118.7 132.7
Non-current liability for unrecognized tax benefits 87.6 88.9
Other non-current liabilities 356.5 308.5
Commitments and contingencies (Note 13)
Total liabilities 5,207.5 4,586.8
Equity:    
Additional paid-in-capital 2,629.0 2,594.4
Retained earnings 5,827.2 5,994.0
Treasury stock, Class A, at cost; 57.8 million and 57.3 million shares (5,813.9) (5,778.4)
Accumulated other comprehensive loss (99.5) (118.2)
Total equity 2,544.1 2,693.1
Total liabilities and equity 7,751.6 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