CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 26, 2021	Mar. 27, 2021
Current assets
Cash and cash equivalents	$ 356	$ 232
Receivables, net	382	373
Inventories, net	760	736
Prepaid expenses and other current assets	209	205
Total current assets	1,707	1,546
Property and equipment, net	472	485
Operating lease right-of-use assets	1,468	1,504
Intangible assets, net	1,996	1,992
Goodwill	1,512	1,498
Deferred tax assets	281	278
Other assets	188	178
Total assets	7,624	7,481
Current liabilities
Accounts payable	464	512
Accrued payroll and payroll related expenses	131	116
Accrued income taxes	101	126
Short-term operating lease liabilities	442	447
Short-term debt	127	123
Accrued expenses and other current liabilities	297	297
Total current liabilities	1,562	1,621
Long-term operating lease liabilities	1,594	1,657
Deferred tax liabilities	443	397
Long-term debt	1,206	1,219
Other long-term liabilities	369	430
Total liabilities	5,174	5,324
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 220,973,560 shares issued and 151,942,484 outstanding at June 26, 2021; 219,222,937 shares issued and 151,280,011 outstanding at March 27, 2021	0	0
Treasury shares, at cost (69,031,076 shares at June 26, 2021 and 67,942,926 shares at March 27, 2021)	(3,385)	(3,326)
Additional paid-in capital	1,201	1,158
Accumulated other comprehensive income	147	56
Retained earnings	4,489	4,270
Total shareholders’ equity of Capri	2,452	2,158
Noncontrolling interest	(2)	(1)
Total shareholders’ equity	2,450	2,157
Total liabilities and shareholders’ equity	$ 7,624	$ 7,481