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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Adoption of accounting standards (See Note 2)
Adjusted balance
Ordinary Shares
Ordinary Shares
Adjusted balance
Additional Paid-in Capital
Additional Paid-in Capital
Adjusted balance
Treasury Shares
Treasury Shares
Adjusted balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Adjusted balance
Retained Earnings
Retained Earnings
Adoption of accounting standards (See Note 2)
Retained Earnings
Adjusted balance
Total Equity of Capri
Total Equity of Capri
Adoption of accounting standards (See Note 2)
Total Equity of Capri
Adjusted balance
Non-controlling Interests
Non-controlling Interests
Adjusted balance
Beginning balance (in shares) at Mar. 30, 2019       216,051,000                              
Beginning balance at Mar. 30, 2019 $ 2,432 $ (152) $ 2,280 $ 0 $ 0 $ 1,011 $ 1,011 $ (3,223) $ (3,223) $ (66) $ (66) $ 4,707 $ (152) $ 4,555 $ 2,429 $ (152) $ 2,277 $ 3 $ 3
Beginning balance, treasury (in shares) at Mar. 30, 2019               (65,119,000)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) 327                     328     328     (1)  
Other comprehensive income (loss) 37                 37         37     0  
Comprehensive income 364                           365     (1)  
Vesting of restricted awards, net of forfeitures (in shares)       851,000                              
Exercise of employee share options (in shares)       5,000                              
Share based compensation expense 65         65                 65        
Repurchase of treasury shares (in shares)               (2,775,000)                      
Repurchase of common stock (102)             $ (102)             (102)        
Adjustment of redeemable non-controlling interests to redemption value 4         4                 4        
Ending balance (in shares) at Dec. 28, 2019       216,907,000                              
Ending balance at Dec. 28, 2019 2,611     $ 0   1,080   $ (3,325)   (29)   4,883     2,609     2  
Ending balance, treasury (in shares) at Dec. 28, 2019               (67,894,000)                      
Beginning balance (in shares) at Sep. 28, 2019       216,815,000                              
Beginning balance at Sep. 28, 2019 2,408     $ 0   1,060   $ (3,225)   (103)   4,673     2,405     3  
Beginning balance, treasury (in shares) at Sep. 28, 2019               (65,182,000)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) 209                     210     210     (1)  
Other comprehensive income (loss) 74                 74         74     0  
Comprehensive income 283                           284     (1)  
Vesting of restricted awards, net of forfeitures (in shares)       87,000                              
Exercise of employee share options (in shares)       5,000                              
Share based compensation expense 16         16                 16        
Repurchase of treasury shares (in shares)               (2,712,000)                      
Repurchase of common stock (100)             $ (100)             (100)        
Adjustment of redeemable non-controlling interests to redemption value 4         4                 4        
Ending balance (in shares) at Dec. 28, 2019       216,907,000                              
Ending balance at Dec. 28, 2019 $ 2,611     $ 0   1,080   $ (3,325)   (29)   4,883     2,609     2  
Ending balance, treasury (in shares) at Dec. 28, 2019               (67,894,000)                      
Beginning balance (in shares) at Mar. 28, 2020 217,320,010     217,320,000                              
Beginning balance at Mar. 28, 2020 $ 2,168     $ 0   1,085   $ (3,325)   75   4,332     2,167     1  
Beginning balance, treasury (in shares) at Mar. 28, 2020 (67,894,398)             (67,894,000)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) $ 119                     121     121     (2)  
Other comprehensive income (loss) 16                 16         16     0  
Comprehensive income 135                           137     (2)  
Vesting of restricted awards, net of forfeitures (in shares)       1,037,000                              
Exercise of employee share options (in shares)       268,000                              
Share based compensation expense 53         53                 53        
Repurchase of treasury shares (in shares)               (49,000)                      
Repurchase of common stock $ (1)             $ (1)             (1)        
Ending balance (in shares) at Dec. 26, 2020 218,624,581     218,625,000                              
Ending balance at Dec. 26, 2020 $ 2,355     $ 0   1,138   $ (3,326)   91   4,453     2,356     (1)  
Ending balance, treasury (in shares) at Dec. 26, 2020 (67,942,545)             (67,943,000)                      
Beginning balance (in shares) at Sep. 26, 2020       218,563,000                              
Beginning balance at Sep. 26, 2020 $ 2,199     $ 0   1,126   $ (3,326)   125   4,274     2,199     0  
Beginning balance, treasury (in shares) at Sep. 26, 2020               (67,942,000)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) 178                     179     179     (1)  
Other comprehensive income (loss) (34)                 (34)         (34)     0  
Comprehensive income 144                           145     (1)  
Vesting of restricted awards, net of forfeitures (in shares)       41,000                              
Exercise of employee share options (in shares)       21,000                              
Share based compensation expense 12         12                 12        
Repurchase of treasury shares (in shares)               (1,000)                      
Repurchase of common stock $ 0                                    
Ending balance (in shares) at Dec. 26, 2020 218,624,581     218,625,000                              
Ending balance at Dec. 26, 2020 $ 2,355     $ 0   $ 1,138   $ (3,326)   $ 91   $ 4,453     $ 2,356     $ (1)  
Ending balance, treasury (in shares) at Dec. 26, 2020 (67,942,545)             (67,943,000)