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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 02, 2022
Mar. 27, 2021
Current assets:    
Cash and cash equivalents $ 1,863.8 $ 2,579.0
Short-term investments 734.6 197.5
Accounts receivable, net of allowances of $214.7 million and $213.8 million 405.4 451.5
Inventories 977.3 759.0
Income tax receivable 63.7 54.4
Prepaid expenses and other current assets 172.5 166.6
Total current assets 4,217.3 4,208.0
Property and equipment, net 969.5 1,014.0
Operating lease right-of-use assets 1,111.3 1,239.5
Deferred tax assets 303.8 283.9
Goodwill 908.7 934.6
Intangible assets, net 102.9 121.1
Other non-current assets 111.2 86.4
Total assets 7,724.7 7,887.5
Current liabilities:    
Current portion of long-term debt 499.8 0.0
Accounts payable 448.7 355.9
Income tax payable 53.8 50.6
Current operating lease liabilities 262.0 302.9
Accrued expenses and other current liabilities 991.4 875.4
Total current liabilities 2,255.7 1,584.8
Long-term debt 1,136.5 1,632.9
Long-term finance lease liabilities 341.6 370.5
Long-term operating lease liabilities 1,132.2 1,294.5
Non-current Income tax payable 98.9 118.7
Non-current liability for unrecognized tax benefits 91.9 91.4
Other non-current liabilities 131.9 190.3
Commitments and contingencies (Note 15)
Total liabilities 5,188.7 5,283.1
Equity:    
Additional paid-in-capital 2,748.8 2,667.1
Retained earnings 6,274.9 5,872.9
Treasury stock, Class A, at cost; 61.9 million and 57.8 million shares (6,308.7) (5,816.1)
Accumulated other comprehensive loss (180.3) (120.8)
Total equity 2,536.0 2,604.4
Total liabilities and equity 7,724.7 7,887.5
Class A common stock, par value $.01 per share; 106.9 million and 106.1 million shares issued; 45.0 million and 48.3 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