CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 26, 2020	Mar. 28, 2020
Current assets
Cash and cash equivalents	$ 238	$ 592
Receivables, net	344	308
Inventories, net	930	827
Prepaid expenses and other current assets	122	167
Total current assets	1,634	1,894
Property and equipment, net	530	561
Operating lease right-of-use assets	1,677	1,625
Intangible assets, net	2,024	1,986
Goodwill	1,539	1,488
Deferred tax assets	226	225
Other assets	173	167
Total assets	7,803	7,946
Current liabilities
Accounts payable	558	428
Accrued payroll and payroll related expenses	92	93
Accrued income taxes	39	42
Short-term operating lease liabilities	439	430
Short-term debt	200	167
Accrued expenses and other current liabilities	253	241
Total current liabilities	1,581	1,401
Long-term operating lease liabilities	1,772	1,758
Deferred tax liabilities	483	465
Long-term debt	1,581	2,012
Other long-term liabilities	187	142
Total liabilities	5,604	5,778
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 218,563,307 shares issued and 150,621,274 outstanding at September 26, 2020; 217,320,010 shares issued and 149,425,612 outstanding at March 28, 2020	0	0
Treasury shares, at cost (67,942,033 shares at September 26, 2020 and 67,894,398 shares at March 28, 2020)	(3,326)	(3,325)
Additional paid-in capital	1,126	1,085
Accumulated other comprehensive income	125	75
Retained earnings	4,274	4,332
Total shareholders’ equity of Capri	2,199	2,167
Noncontrolling interest	0	1
Total shareholders’ equity	2,199	2,168
Total liabilities and shareholders’ equity	$ 7,803	$ 7,946