CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 26, 2020	Mar. 28, 2020
Current assets
Cash and cash equivalents	$ 229	$ 592
Receivables, net	369	308
Inventories, net	789	827
Prepaid expenses and other current assets	106	167
Total current assets	1,493	1,894
Property and equipment, net	518	561
Operating lease right-of-use assets	1,575	1,625
Intangible assets, net	2,102	1,986
Goodwill	1,615	1,488
Deferred tax assets	283	225
Other assets	179	167
Total assets	7,765	7,946
Current liabilities
Accounts payable	495	428
Accrued payroll and payroll related expenses	107	93
Accrued income taxes	66	42
Short-term operating lease liabilities	448	430
Short-term debt	169	167
Accrued expenses and other current liabilities	309	241
Total current liabilities	1,594	1,401
Long-term operating lease liabilities	1,724	1,758
Deferred tax liabilities	444	465
Long-term debt	1,243	2,012
Other long-term liabilities	405	142
Total liabilities	5,410	5,778
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 218,624,581 shares issued and 150,682,036 outstanding at December 26, 2020; 217,320,010 shares issued and 149,425,612 outstanding at March 28, 2020	0	0
Treasury shares, at cost (67,942,545 shares at December 26, 2020 and 67,894,398 shares at March 28, 2020)	(3,326)	(3,325)
Additional paid-in capital	1,138	1,085
Accumulated other comprehensive income	91	75
Retained earnings	4,453	4,332
Total shareholders’ equity of Capri	2,356	2,167
Noncontrolling interest	(1)	1
Total shareholders’ equity	2,355	2,168
Total liabilities and shareholders’ equity	$ 7,765	$ 7,946