Debt Obligations (Tables)

9 Months Ended

Dec. 28, 2024

The following table presents the Company’s debt obligations (in millions):


	December 28, 2024		March 30, 2024
Revolving Credit Facilities	$	521	$	764
Versace Term Loan (1)	469		486
364 Day Term Loan (1)	450		—
Senior Notes due 2024	—		450
Other	41		24
Total debt	1,481		1,724
Less: Unamortized debt issuance costs	2		1
Total carrying value of debt	1,479		1,723
Less: Short-term debt (1)	25		462
Total long-term debt	$	1,454	$	1,261

(1)As of December 28, 2024, the Versace Term Loan and the 364 Day Term Loan are recorded as long-term debt on the Company’s consolidated balance sheets as a result of the refinancing activities associated with the amended and restated revolving credit facility and new term loans entered into on February 4, 2025. See Note 18 for additional information.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details