XML 94 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 28, 2020
Mar. 30, 2019
Current assets:    
Cash and cash equivalents $ 1,620.4 $ 584.1
Short-term investments 495.9 1,403.4
Accounts receivable, net of allowances of $276.2 million and $192.2 million 277.1 398.1
Inventories 736.2 817.8
Income tax receivable 84.8 32.1
Prepaid expenses and other current assets 160.8 359.3
Total current assets 3,375.2 3,594.8
Property and equipment, net 979.5 1,039.2
Operating lease right-of-use assets 1,511.6 0.0
Deferred tax assets 245.2 67.0
Goodwill 915.5 919.6
Intangible assets, net 141.0 163.7
Other non-current assets 111.9 158.5
Total assets 7,279.9 5,942.8
Current liabilities:    
Short-term Debt 475.0 0.0
Current portion of long-term debt 299.6 0.0
Accounts payable 246.8 202.3
Income tax payable 65.1 29.4
Current operating lease liabilities 288.4 0.0
Accrued expenses and other current liabilities 717.1 968.4
Total current liabilities 2,092.0 1,200.1
Long-term debt 396.4 689.1
Long-term operating lease liabilities 1,568.3 0.0
Income tax payable 132.7 146.7
Non-current liability for unrecognized tax benefits 88.9 78.8
Other non-current liabilities 308.5 540.9
Commitments and contingencies (Note 15)
Total liabilities 4,586.8 2,655.6
Equity:    
Additional paid-in-capital 2,594.4 2,493.8
Retained earnings 5,994.0 5,979.1
Treasury stock, Class A, at cost; 57.3 million and 50.7 million shares (5,778.4) (5,083.6)
Accumulated other comprehensive loss (118.2) (103.4)
Total equity 2,693.1 3,287.2
Total liabilities and equity 7,279.9 5,942.8
Class A common stock, par value $.01 per share; 104.9 million and 102.9 million shares issued; 47.6 million and 52.2 million shares outstanding    
Equity:    
Common stock 1.0 1.0
Class B common stock, par value $.01 per share; 24.9 million issued and outstanding; 25.9 million shares issued and outstanding    
Equity:    
Common stock $ 0.3 $ 0.3