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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Dec. 30, 2023
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
A reconciliation of cash, cash equivalents and restricted cash as of December 30, 2023 and April 1, 2023 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):
 December 30,
2023
April 1,
2023
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents$249 $249 
Restricted cash included within prepaid expenses and other current assets
Total cash, cash equivalents and restricted cash shown on the consolidated statements of cash flows$255 $256 
Schedule of Restrictions on Cash and Cash Equivalents
A reconciliation of cash, cash equivalents and restricted cash as of December 30, 2023 and April 1, 2023 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):
 December 30,
2023
April 1,
2023
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents$249 $249 
Restricted cash included within prepaid expenses and other current assets
Total cash, cash equivalents and restricted cash shown on the consolidated statements of cash flows$255 $256 
Schedule of Net Lease Costs and Supplemental Cash Flow Information
The following table presents the Company’s supplemental cash flow information related to leases (in millions):
Nine Months Ended
December 30,
2023
December 31,
2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases
$386 $373 
Schedule of Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share
The components of the calculation of basic net income per ordinary share and diluted net income per ordinary share are as follows (in millions, except share and per share data):
 Three Months EndedNine Months Ended
December 30,
2023
December 31,
2022
December 30,
2023
December 31,
2022
Numerator:
Net income attributable to Capri$105 $225 $243 $650 
Denominator:
Basic weighted average shares116,795,382 128,849,793 116,967,118 135,600,276 
Weighted average dilutive share equivalents:
Share options and restricted shares/units, and performance restricted share units
1,368,146 1,515,126 1,036,127 1,449,883 
Diluted weighted average shares118,163,528 130,364,919 118,003,245 137,050,159 
Basic net income per share (1)
$0.89 $1.74 $2.07 $4.79 
Diluted net income per share (1)
$0.88 $1.72 $2.06 $4.74 
(1)Basic and diluted net income per share are calculated using unrounded numbers.