
	Foreign Currency Translation Gain (Loss) (1)		Net Gain (Loss) on Derivatives (2)		Other Comprehensive Income (Loss) Attributable to Capri
Balance at April 1, 2023	$	143	$	4	$	147
Other comprehensive income (loss) before reclassifications	18		(14)		4
Loss reclassified from AOCI to earnings	—		10		10
Other comprehensive income (loss), net of tax	18		(4)		14
Balance at March 30, 2024	161		—		161
Other comprehensive loss before reclassifications	(94)		(10)		(104)
Loss reclassified from AOCI to earnings	—		—		—
Other comprehensive loss, net of tax	(94)		(10)		(104)
Balance at March 29, 2025	67		(10)		57
Other comprehensive loss before reclassifications	(430)		(1)		(431)
Loss reclassified from AOCI to earnings	39		12		51
Other comprehensive (loss) income, net of tax	(391)		11		(380)
Balance at March 28, 2026	$	(324)	$	1	$	(323)

(1)Foreign currency translation adjustments for Fiscal 2026 primarily include a $410 million loss, net of taxes of $141 million, relating to the Company’s net investment hedges, as well as a net $20 million translation loss. Foreign currency translation adjustments for Fiscal 2025 primarily include a net $5 million translation loss, and a $89 million loss, net of taxes of $40 million, primarily relating to the Company’s net investment hedges. Foreign currency translation adjustments for Fiscal 2024 primarily include a net $25 million translation gain, partially offset by a $7 million loss, net of taxes of $2 million, primarily relating to the Company’s net investment hedges.

(2)Other comprehensive loss before reclassifications for Fiscal 2026 was primarily related to the Company’s forward foreign currency exchange contracts, net of taxes. Reclassifications from AOCI into earnings for Fiscal 2026 were $8 million, net of taxes of $4 million, related to the Company’s previously terminated interest rate swaps and $4 million, net of immaterial taxes, related to the Company’s forward foreign currency exchange contracts for inventory purchases.

(3)Reclassifications from AOCI into earnings for Fiscal 2025 primarily relate to the Company’s interest rate swaps, net of taxes of $2 million, and are recorded within interest (income) expense, net, in the Company’s consolidated statements of operations and comprehensive (loss) income. Reclassifications from AOCI into earnings for Fiscal 2024 primarily include a $14 million loss related to the Company’s GBP fair value hedge due to the settlement of the associated Euro denominated intercompany loans and are recorded within foreign currency (gain) loss in the Company’s consolidated statements of operations and comprehensive (loss) income. This is partially offset by a $4 million gain related to the forward foreign currency exchange contracts for inventory purchases and are recorded within cost of goods sold in the Company’s consolidated statements of operations and comprehensive (loss) income.