CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 25, 2021	Mar. 27, 2021
Current assets
Cash and cash equivalents	$ 234	$ 232
Receivables, net	358	373
Inventories, net	866	736
Prepaid expenses and other current assets	214	205
Total current assets	1,672	1,546
Property and equipment, net	454	485
Operating lease right-of-use assets	1,425	1,504
Intangible assets, net	1,956	1,992
Goodwill	1,488	1,498
Deferred tax assets	284	278
Other assets	214	178
Total assets	7,493	7,481
Current liabilities
Accounts payable	491	512
Accrued payroll and payroll related expenses	124	116
Accrued income taxes	128	126
Short-term operating lease liabilities	438	447
Short-term debt	40	123
Accrued expenses and other current liabilities	299	297
Total current liabilities	1,520	1,621
Long-term operating lease liabilities	1,549	1,657
Deferred tax liabilities	413	397
Long-term debt	1,104	1,219
Other long-term liabilities	307	430
Total liabilities	4,893	5,324
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 221,295,985 shares issued and 150,447,462 outstanding at September 25, 2021; 219,222,937 shares issued and 151,280,011 outstanding at March 27, 2021	0	0
Treasury shares, at cost (70,848,523 shares at September 25, 2021 and 67,942,926 shares at March 27, 2021)	(3,486)	(3,326)
Additional paid-in capital	1,225	1,158
Accumulated other comprehensive income	174	56
Retained earnings	4,689	4,270
Total shareholders’ equity of Capri	2,602	2,158
Noncontrolling interest	(2)	(1)
Total shareholders’ equity	2,600	2,157
Total liabilities and shareholders’ equity	$ 7,493	$ 7,481