CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 01, 2022	Apr. 02, 2022
Current assets
Cash and cash equivalents	$ 215	$ 169
Receivables, net	441	434
Inventories, net	1,180	1,096
Prepaid expenses and other current assets	249	192
Total current assets	2,085	1,891
Property and equipment, net	470	476
Operating lease right-of-use assets	1,333	1,358
Intangible assets, net	1,634	1,847
Goodwill	1,256	1,418
Deferred tax assets	228	240
Other assets	196	250
Total assets	7,202	7,480
Current liabilities
Accounts payable	370	555
Accrued payroll and payroll related expenses	117	165
Accrued income taxes	68	52
Short-term operating lease liabilities	396	414
Short-term debt	15	29
Accrued expenses and other current liabilities	312	351
Total current liabilities	1,278	1,566
Long-term operating lease liabilities	1,387	1,467
Deferred tax liabilities	513	432
Long-term debt	1,585	1,131
Other long-term liabilities	296	326
Total liabilities	5,059	4,922
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 223,706,873 shares issued and 131,088,991 outstanding at October 1, 2022; 221,967,599 shares issued and 142,806,269 outstanding at April 2, 2022	0	0
Treasury shares, at cost (92,617,882 shares at October 1, 2022 and 79,161,330 shares at April 2, 2022)	(4,650)	(3,987)
Additional paid-in capital	1,311	1,260
Accumulated other comprehensive (loss) income	(35)	194
Retained earnings	5,517	5,092
Total shareholders’ equity of Capri	2,143	2,559
Noncontrolling interest	0	(1)
Total shareholders’ equity	2,143	2,558
Total liabilities and shareholders’ equity	$ 7,202	$ 7,480