Current Assets and Current Liabilities (Tables)

12 Months Ended

Mar. 29, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in millions):

	March 29, 2025		March 30, 2024
Prepaid taxes	$	106	$	88
Interest receivable related to hedges	36		42
Prepaid contracts	20		21
Restricted cash	9		6
Other accounts receivables	8		8
Other	30		50
Total prepaid expenses and other current assets	$	209	$	215

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following (in millions):

	March 29, 2025		March 30, 2024
Return liabilities	$	48	$	48
Other taxes payable	39		29
Accrued advertising and marketing	33		29
Accrued purchases and samples	21		16
Professional services	20		18
Accrued rent (1)	18		17
Accrued capital expenditures	16		35
Accrued e-commerce	16		12
Retail store expense accrual	16		8
Short-term derivative liability	14		3
Gift and retail store credits	14		15
Restructuring liability	9		22
Accrued interest	6		17
Other	30		41
Total accrued expenses and other current liabilities	$	300	$	310

(1)The accrued rent balance relates to variable lease payments.