CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Apr. 02, 2022
Current assets
Cash and cash equivalents	$ 281	$ 169
Receivables, net	372	434
Inventories, net	1,188	1,096
Prepaid expenses and other current assets	243	192
Total current assets	2,084	1,891
Property and equipment, net	546	476
Operating lease right-of-use assets	1,369	1,358
Intangible assets, net	1,743	1,847
Goodwill	1,358	1,418
Deferred tax assets	247	240
Other assets	207	250
Total assets	7,554	7,480
Current liabilities
Accounts payable	519	555
Accrued payroll and payroll related expenses	131	165
Accrued income taxes	65	52
Short-term operating lease liabilities	412	414
Short-term debt	19	29
Accrued expenses and other current liabilities	413	351
Total current liabilities	1,559	1,566
Long-term operating lease liabilities	1,392	1,467
Deferred tax liabilities	531	432
Long-term debt	1,521	1,131
Other long-term liabilities	328	326
Total liabilities	5,331	4,922
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 223,781,728 shares issued and 125,398,217 outstanding at December 31, 2022; 221,967,599 shares issued and 142,806,269 outstanding at April 2, 2022	0	0
Treasury shares, at cost (98,383,511 shares at December 31, 2022 and 79,161,330 shares at April 2, 2022)	(4,951)	(3,987)
Additional paid-in capital	1,327	1,260
Accumulated other comprehensive income	105	194
Retained earnings	5,742	5,092
Total shareholders’ equity of Capri	2,223	2,559
Noncontrolling interest	0	(1)
Total shareholders’ equity	2,223	2,558
Total liabilities and shareholders’ equity	$ 7,554	$ 7,480