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Current Assets and Current Liabilities
9 Months Ended
Dec. 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):
December 30,
2023
April 1,
2023
Prepaid taxes$197 $105 
Prepaid contracts24 22 
Interest receivable related to hedges23 10 
Other accounts receivables10 
Prepaid insurance
Other53 46 
Total prepaid expenses and other current assets$310 $195 
Accrued expenses and other current liabilities consist of the following (in millions):
December 30,
2023
April 1,
2023
Return liabilities$65 $54 
Other taxes payable52 32 
Accrued advertising and marketing42 26 
Accrued capital expenditures25 33 
Accrued rent (1)
22 18 
Professional services20 14 
Accrued interest18 16 
Gift cards and retail store credits15 14 
Accrued litigation11 12 
Accrued retail store expense11 
Accrued purchases and samples
Advance royalties18 
Other102 60 
Total accrued expenses and other current liabilities$397 $314 
(1)The accrued rent balance relates to variable lease payments.