v3.25.2
Property and Equipment
3 Months Ended
Jun. 28, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net consists of the following:
June 28,
2025
March 29,
2025
 (millions)
Land and improvements$41.6 $15.3 
Buildings and improvements528.9 416.9 
Furniture and fixtures671.0 643.7 
Machinery and equipment409.9 405.8 
Capitalized software569.0 556.8 
Leasehold improvements1,363.7 1,308.6 
Construction in progress117.8 91.1 
3,701.9 3,438.2 
Less: accumulated depreciation(2,688.4)(2,591.8)
Property and equipment, net$1,013.5 $846.4 
Property and equipment, net includes finance lease right-of-use ("ROU") assets, which are reflected in the table above based on their nature.
Depreciation expense was $52.2 million and $51.1 million during the three-month periods ended June 28, 2025 and June 29, 2024, respectively, and was recorded primarily within SG&A expenses in the consolidated statements of operations.