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Current Assets and Current Liabilities (Tables)
3 Months Ended
Jul. 01, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following (in millions):
July 1,
2023
April 1,
2023
Prepaid taxes$116 $105 
Prepaid contracts19 22 
Prepaid insurance14 
Interest receivable related to hedges13 10 
Other accounts receivables10 10 
Other44 46 
Total prepaid expenses and other current assets$216 $195 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consist of the following (in millions):
July 1,
2023
April 1,
2023
Return liabilities$58 $54 
Other taxes payable39 32 
Accrued advertising and marketing34 26 
Accrued capital expenditures27 33 
Accrued rent (1)
20 18 
Advance royalties18 18 
Professional services17 14 
Accrued interest16 16 
Gift cards and retail store credits14 14 
Accrued purchases and samples12 
Accrued litigation11 12 
Other74 69 
Total accrued expenses and other current liabilities$340 $314 
(1)The accrued rent balance relates to variable lease payments.