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Current Assets and Current Liabilities
12 Months Ended
Mar. 30, 2024
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):
March 30,
2024
April 1,
2023
Prepaid taxes$88 $105 
Interest receivable related to hedges42 10 
Prepaid contracts21 22 
Other accounts receivables8 10 
Other56 48 
Total prepaid expenses and other current assets$215 $195 
Accrued expenses and other current liabilities consist of the following (in millions):
March 30,
2024
April 1,
2023
Return liabilities$48 $54 
Accrued capital expenditures35 33 
Other taxes payable29 32 
Accrued advertising and marketing29 26 
Restructuring liability22 1 
Professional services18 14 
Accrued rent (1)
17 18 
Accrued interest17 16 
Accrued purchases and samples16 8 
Gift and retail store credits15 14 
Advance royalties4 18 
Accrued litigation4 12 
Other56 68 
Total accrued expenses and other current liabilities$310 $314 
(1)The accrued rent balance relates to variable lease payments.