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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2018
Apr. 01, 2017
Current assets    
Cash and cash equivalents $ 163.1 $ 227.7
Receivables, net 290.5 265.8
Inventories 660.7 549.3
Prepaid expenses and other current assets 147.8 121.9
Total current assets 1,262.1 1,164.7
Property and equipment, net 583.2 591.5
Intangible assets, net 1,235.7 418.1
Goodwill 847.7 119.7
Deferred tax assets 56.2 73.3
Other assets 74.1 42.3
Total assets 4,059.0 2,409.6
Current liabilities    
Accounts payable 294.1 176.3
Accrued payroll and payroll related expenses 93.0 61.1
Accrued income taxes 77.6 60.3
Short-term debt 200.0 133.1
Accrued expenses and other current liabilities 295.6 135.0
Total current liabilities 960.3 565.8
Deferred rent 128.4 137.8
Deferred tax liabilities 186.3 80.0
Long-term debt 674.4 0.0
Other long-term liabilities 88.1 31.0
Total liabilities 2,037.5 814.6
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 210,991,091 shares issued and 149,698,407 outstanding at March 31, 2018; 209,332,493 shares issued and 155,833,304 outstanding at April 1, 2017 0.0 0.0
Treasury shares, at cost (61,292,684 shares at March 31, 2018 and 53,499,189 shares at April 1, 2017) (3,015.9) (2,654.9)
Additional paid-in capital 831.1 767.8
Accumulated other comprehensive income (loss) 50.5 (80.6)
Retained earnings 4,152.0 3,560.3
Total shareholders’ equity of MKHL 2,017.7 1,592.6
Noncontrolling interest 3.8 2.4
Total shareholders’ equity 2,021.5 1,595.0
Total liabilities and shareholders’ equity $ 4,059.0 $ 2,409.6