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Current Assets and Current Liabilities
6 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Current Assets and Current Liabilities Current Assets and Current Liabilities
Prepaid expenses and other current assets consist of the following (in millions):
September 30,
2023
April 1,
2023
Prepaid taxes$145 $105 
Interest receivable related to hedges41 10 
Prepaid contracts25 22 
Prepaid insurance
Other accounts receivables10 
Other46 46 
Total prepaid expenses and other current assets$270 $195 

Accrued expenses and other current liabilities consist of the following (in millions):
September 30,
2023
April 1,
2023
Return liabilities$48 $54 
Other taxes payable29 32 
Accrued capital expenditures26 33 
Accrued advertising and marketing26 26 
Accrued interest17 16 
Accrued rent (1)
17 18 
Professional services17 14 
Gift cards and retail store credits14 14 
Accrued purchases and samples12 
Accrued litigation11 12 
Advance royalties18 
Other67 69 
Total accrued expenses and other current liabilities$291 $314 
(1)The accrued rent balance relates to variable lease payments.