CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 28, 2025	Mar. 29, 2025
Current assets
Cash and cash equivalents	$ 129	$ 107
Receivables, net	171	215
Inventories, net	779	701
Prepaid expenses and other current assets	176	156
Current assets held for sale	384	342
Total current assets	1,639	1,521
Property and equipment, net	400	393
Operating lease right-of-use assets	823	825
Intangible assets, net	595	582
Goodwill	204	199
Deferred tax assets	1	0
Other assets	100	99
Noncurrent assets held for sale	1,707	1,594
Total assets	5,469	5,213
Current liabilities
Accounts payable	403	379
Accrued payroll and payroll related expenses	78	81
Accrued income taxes	52	66
Short-term operating lease liabilities	241	249
Short-term debt	21	24
Accrued expenses and other current liabilities	265	233
Current liabilities held for sale	339	304
Total current liabilities	1,399	1,336
Long-term operating lease liabilities	808	814
Deferred tax liabilities	75	233
Long-term debt	1,650	1,466
Other long-term liabilities	962	417
Noncurrent liabilities held for sale	588	575
Total liabilities	5,482	4,841
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 228,886,329 shares issued and 119,040,814 outstanding at June 28, 2025; 227,672,351 shares issued and 117,913,201 outstanding at March 29, 2025	0	0
Treasury shares, at cost (109,845,515 shares at June 28, 2025 and 109,759,150 shares at March 29, 2025)	(5,463)	(5,462)
Additional paid-in capital	1,492	1,476
Accumulated other comprehensive (loss) income	(396)	57
Retained earnings	4,350	4,297
Total shareholders’ equity of Capri	(17)	368
Noncontrolling interest	4	4
Total shareholders’ equity	(13)	372
Total liabilities and shareholders’ equity	$ 5,469	$ 5,213