Property and Equipment, net

9 Months Ended

Dec. 25, 2021

Property, Plant and Equipment [Abstract]

Property and equipment, net, consists of (in millions):


	December 25, 2021		March 27, 2021
Leasehold improvements	$	581	$	737
Furniture and fixtures	215		350
Computer equipment and software	208		359
Equipment	82		139
Building	49		51
In-store shops	48		53
Land	19		20
Total property and equipment, gross (1)	1,202		1,709
Less: accumulated depreciation and amortization (1)	(791)		(1,271)
Subtotal	411		438
Construction-in-progress	49		47
Total property and equipment, net	$	460	$	485

(1)As of December 25, 2021, the Company wrote off $550 million of fully depreciated assets and related accumulated depreciation of assets no longer in use.

Depreciation and amortization of property and equipment for the three and nine months ended December 25, 2021 was $34 million and $109 million, respectively. Depreciation and amortization of property and equipment was $41 million and $125 million for the three and nine months ended December 26, 2020, respectively. The Company recorded no property and equipment impairment charges for the three months ended December 25, 2021 and $3 million for the nine months ended December 25, 2021. During the three and nine months ended December 26, 2020, the Company recorded $13 million and $15 million in property and equipment impairment charges, respectively (see Note 11 for additional information).