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Other Current Assets and Other Current Liabilities
3 Months Ended
Jun. 28, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Current Assets and Other Current Liabilities Other Current Assets and Other Current Liabilities
Prepaid expenses and other current assets consist of the following (in millions):
June 28,
2025
March 29,
2025
Prepaid taxes$96 $65 
Interest receivable related to hedges17 36 
Prepaid contracts17 20 
Restricted cash10 
Other accounts receivables
Other31 18 
Total prepaid expenses and other current assets$176 $156 

Accrued expenses and other current liabilities consist of the following (in millions):
June 28,
2025
March 29,
2025
Short-term derivative liability$52 $14 
Other taxes payable27 32 
Return liabilities27 25 
Accrued advertising and marketing25 28 
Accrued purchases and samples19 21 
Accrued rent (1)
19 16 
Accrued e-commerce16 15 
Professional services14 16 
Accrued capital expenditures11 
Retail store expense accrual11 15 
Gift and retail store credits10 10 
Accrued interest
Other29 26 
Total accrued expenses and other current liabilities$265 $233 
(1)The accrued rent balance relates to variable lease payments.