CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 02, 2022	Apr. 02, 2022
Current assets
Cash and cash equivalents	$ 221	$ 169
Receivables, net	394	434
Inventories, net	1,265	1,096
Prepaid expenses and other current assets	201	192
Total current assets	2,081	1,891
Property and equipment, net	466	476
Operating lease right-of-use assets	1,388	1,358
Intangible assets, net	1,739	1,847
Goodwill	1,336	1,418
Deferred tax assets	231	240
Other assets	369	250
Total assets	7,610	7,480
Current liabilities
Accounts payable	540	555
Accrued payroll and payroll related expenses	123	165
Accrued income taxes	136	52
Short-term operating lease liabilities	399	414
Short-term debt	37	29
Accrued expenses and other current liabilities	379	351
Total current liabilities	1,614	1,566
Long-term operating lease liabilities	1,465	1,467
Deferred tax liabilities	476	432
Long-term debt	1,382	1,131
Other long-term liabilities	295	326
Total liabilities	5,232	4,922
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 223,503,792 shares issued and 137,956,977 outstanding at July 2, 2022; 221,967,599 shares issued and 142,806,269 outstanding at April 2, 2022	0	0
Treasury shares, at cost (85,546,815 shares at July 2, 2022 and 79,161,330 shares at April 2, 2022)	(4,299)	(3,987)
Additional paid-in capital	1,294	1,260
Accumulated other comprehensive income	89	194
Retained earnings	5,293	5,092
Total shareholders’ equity of Capri	2,377	2,559
Noncontrolling interest	1	(1)
Total shareholders’ equity	2,378	2,558
Total liabilities and shareholders’ equity	$ 7,610	$ 7,480