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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 29, 2018
Mar. 31, 2018
Current assets    
Cash and cash equivalents $ 155.2 $ 163.1
Receivables, net 339.9 290.5
Inventories 767.6 660.7
Prepaid expenses and other current assets 211.4 147.8
Total current assets 1,474.1 1,262.1
Property and equipment, net 552.0 583.2
Intangible assets, net 1,158.6 1,235.7
Goodwill 796.9 847.7
Deferred tax assets 47.1 56.2
Other assets 78.6 74.1
Total assets 4,107.3 4,059.0
Current liabilities    
Accounts payable 290.5 294.1
Accrued payroll and payroll related expenses 82.7 93.0
Accrued income taxes 23.9 77.6
Short-term debt 255.0 200.0
Accrued expenses and other current liabilities 345.8 295.6
Total current liabilities 997.9 960.3
Deferred rent 133.5 128.4
Deferred tax liabilities 181.5 186.3
Long-term debt 504.6 674.4
Other long-term liabilities 106.5 88.1
Total liabilities 1,924.0 2,037.5
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 213,208,924 shares issued and 150,150,297 outstanding at September 29, 2018; 210,991,091 shares issued and 149,698,407 outstanding at March 31, 2018 0.0 0.0
Treasury shares, at cost (63,058,627 shares at September 29, 2018 and 61,292,684 shares at March 31, 2018) (3,123.0) (3,015.9)
Additional paid-in capital 877.9 831.1
Accumulated other comprehensive (loss) income (62.9) 50.5
Retained earnings 4,487.7 4,152.0
Total shareholders’ equity of MKHL 2,179.7 2,017.7
Noncontrolling interest 3.6 3.8
Total shareholders’ equity 2,183.3 2,021.5
Total liabilities and shareholders’ equity $ 4,107.3 $ 4,059.0