CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 25, 2021	Mar. 27, 2021
Current assets
Cash and cash equivalents	$ 261	$ 232
Receivables, net	449	373
Inventories, net	978	736
Prepaid expenses and other current assets	384	205
Total current assets	2,072	1,546
Property and equipment, net	460	485
Operating lease right-of-use assets	1,401	1,504
Intangible assets, net	1,895	1,992
Goodwill	1,447	1,498
Deferred tax assets	178	278
Other assets	227	178
Total assets	7,680	7,481
Current liabilities
Accounts payable	593	512
Accrued payroll and payroll related expenses	149	116
Accrued income taxes	166	126
Short-term operating lease liabilities	437	447
Short-term debt	26	123
Accrued expenses and other current liabilities	381	297
Total current liabilities	1,752	1,621
Long-term operating lease liabilities	1,503	1,657
Deferred tax liabilities	443	397
Long-term debt	976	1,219
Other long-term liabilities	231	430
Total liabilities	4,905	5,324
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 221,322,510 shares issued and 147,252,018 outstanding at December 25, 2021; 219,222,937 shares issued and 151,280,011 outstanding at March 27, 2021	0	0
Treasury shares, at cost (74,070,492 shares at December 25, 2021 and 67,942,926 shares at March 27, 2021)	(3,686)	(3,326)
Additional paid-in capital	1,238	1,158
Accumulated other comprehensive income	213	56
Retained earnings	5,011	4,270
Total shareholders’ equity of Capri	2,776	2,158
Noncontrolling interest	(1)	(1)
Total shareholders’ equity	2,775	2,157
Total liabilities and shareholders’ equity	$ 7,680	$ 7,481