CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 27, 2025	Mar. 29, 2025
Current assets
Cash and cash equivalents	$ 120	$ 107
Receivables, net	217	215
Inventories, net	766	701
Prepaid expenses and other current assets	203	156
Current assets held for sale	399	342
Total current assets	1,705	1,521
Property and equipment, net	383	393
Operating lease right-of-use assets	885	825
Intangible assets, net	580	582
Goodwill	203	199
Deferred tax assets	1	0
Other assets	98	99
Noncurrent assets held for sale	1,762	1,594
Total assets	5,617	5,213
Current liabilities
Accounts payable	370	379
Accrued payroll and payroll related expenses	85	81
Accrued income taxes	84	66
Short-term operating lease liabilities	254	249
Short-term debt	11	24
Accrued expenses and other current liabilities	230	233
Current liabilities held for sale	328	304
Total current liabilities	1,362	1,336
Long-term operating lease liabilities	859	814
Deferred tax liabilities	67	233
Long-term debt	1,753	1,466
Other long-term liabilities	1,042	417
Noncurrent liabilities held for sale	604	575
Total liabilities	5,687	4,841
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 228,929,803 shares issued and 119,072,572 outstanding at September 27, 2025; 227,672,351 shares issued and 117,913,201 outstanding at March 29, 2025	0	0
Treasury shares, at cost (109,857,231 shares at September 27, 2025 and 109,759,150 shares at March 29, 2025)	(5,464)	(5,462)
Additional paid-in capital	1,501	1,476
Accumulated other comprehensive (loss) income	(433)	57
Retained earnings	4,322	4,297
Total shareholders’ equity of Capri	(74)	368
Noncontrolling interest	4	4
Total shareholders’ equity	(70)	372
Total liabilities and shareholders’ equity	$ 5,617	$ 5,213