XML 32 R16.htm IDEA: XBRL DOCUMENT v3.22.1
Other Assets and Liabilities
 12 Months Ended
Apr. 02, 2022
Balance Sheet Related Disclosures [Abstract]  
Other Assets and Liabilities Other Assets and Liabilities
Prepaid expenses and other current assets consist of the following:
April 2,
2022		March 27,
2021
 (millions)
Non-trade receivables$41.4 $28.9 
Other taxes receivable26.2 28.4 
Prepaid software maintenance16.4 12.9 
Derivative financial instruments8.7 5.6 
Inventory return asset8.3 8.3 
Prepaid advertising and marketing7.9 9.5 
Prepaid logistic services6.6 7.1 
Tenant allowances receivable6.1 8.7 
Prepaid occupancy expense6.0 6.7 
Cloud computing arrangement implementation costs4.0 8.2 
Prepaid inventory0.5 5.0 
Other prepaid expenses and current assets40.4 37.3 
Total prepaid expenses and other current assets$172.5 $166.6 
Other non-current assets consist of the following:
April 2,
2022		March 27,
2021
 (millions)
Security deposits$30.6 $31.1 
Derivative financial instruments23.7 10.2 
Equity method and other investments12.0 6.3 
Cloud computing arrangement implementation costs9.7 5.3 
Restricted cash6.6 7.5 
Deferred rent assets5.2 3.4 
Other non-current assets23.4 22.6 
Total other non-current assets$111.2 $86.4 
Accrued expenses and other current liabilities consist of the following:
April 2,
2022		March 27,
2021
 (millions)
Accrued payroll and benefits$278.0 $223.6 
Accrued inventory250.2 196.1 
Accrued operating expenses223.4 225.0 
Other taxes payable60.9 64.6 
Accrued capital expenditures49.6 21.3 
Dividends payable48.1 — 
Restructuring reserve30.8 99.8 
Finance lease obligations19.8 19.7 
Deferred income16.5 12.0 
Other accrued expenses and current liabilities14.1 13.3 
Total accrued expenses and other current liabilities$991.4 $875.4 
Other non-current liabilities consist of the following:
April 2,
2022		March 27,
2021
 (millions)
Deferred lease incentives and obligations$52.7 $62.4 
Derivative financial instruments18.1 55.1 
Deferred tax liabilities12.5 10.7 
Accrued benefits and deferred compensation12.0 22.4 
Other non-current liabilities36.6 39.7 
Total other non-current liabilities$131.9 $190.3