Other Current Assets and Other Current Liabilities (Tables)

9 Months Ended

Dec. 27, 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):

	December 27, 2025		March 29, 2025
Prepaid taxes	$	146	$	65
Prepaid contracts	16		20
Interest receivable related to hedges	13		36
Restricted cash	10		9
Other accounts receivables	6		8
Other prepaid expenses and current assets	27		18
Total prepaid expenses and other current assets	$	218	$	156

Schedule of Accrued Expenses and Other Current Liabilities

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

	December 27, 2025		March 29, 2025
Accrued e-commerce	$	47	$	15
Other taxes payable	40		32
Return liabilities	39		25
Accrued advertising and marketing	33		28
Professional services	20		16
Accrued purchases and samples	20		21
Accrued rent (1)	14		16
Retail store expense accrual	13		15
Accrued capital expenditures	9		9
Gift and retail store credits	9		10
Deferred income	6		1
Other accrued expenses and current liabilities	36		45
Total accrued expenses and other current liabilities	$	286	$	233

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