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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 27, 2025
Mar. 29, 2025
Current assets    
Cash and cash equivalents $ 154 $ 107
Receivables, net 184 215
Inventories, net 663 701
Prepaid expenses and other current assets 218 156
Current assets held for sale 0 342
Total current assets 1,219 1,521
Property and equipment, net 373 393
Operating lease right-of-use assets 868 825
Intangible assets, net 575 582
Goodwill 203 199
Deferred tax assets 1 0
Other assets 94 99
Noncurrent assets held for sale 0 1,594
Total assets 3,333 5,213
Current liabilities    
Accounts payable 346 379
Accrued payroll and payroll related expenses 98 81
Accrued income taxes 87 66
Short-term operating lease liabilities 244 249
Short-term debt 10 24
Accrued expenses and other current liabilities 286 233
Current liabilities held for sale 0 304
Total current liabilities 1,071 1,336
Long-term operating lease liabilities 833 814
Deferred tax liabilities 74 233
Long-term debt 224 1,466
Other long-term liabilities 1,023 417
Noncurrent liabilities held for sale 0 575
Total liabilities 3,225 4,841
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 229,020,596 shares issued and 119,148,040 outstanding at December 27, 2025; 227,672,351 shares issued and 117,913,201 outstanding at March 29, 2025 0 0
Treasury shares, at cost (109,872,556 shares at December 27, 2025 and 109,759,150 shares at March 29, 2025) (5,464) (5,462)
Additional paid-in capital 1,506 1,476
Accumulated other comprehensive (loss) income (375) 57
Retained earnings 4,438 4,297
Total shareholders’ equity of Capri 105 368
Noncontrolling interest 3 4
Total shareholders’ equity 108 372
Total liabilities and shareholders’ equity $ 3,333 $ 5,213