Other Assets and Liabilities

3 Months Ended

Jun. 27, 2026

Balance Sheet Related Disclosures [Abstract]

Other Assets and Liabilities

Other Assets and Liabilities

Prepaid expenses and other current assets consist of the following:


						June 27, 2026						March 28, 2026
						(millions)

Tenant allowances receivables						$	53.9					$	54.0
Prepaid information technology subscriptions and maintenance						46.2						24.2
Prepaid marketing and advertising						27.0						17.4
Other taxes receivable						18.5						30.0
Non-trade receivables						18.3						24.2
Prepaid occupancy expenses						17.3						7.7
Inventory return asset						15.6						14.3
Derivative financial instruments						14.7						12.3
Cloud computing arrangement implementation costs						11.5						11.2
Prepaid logistic services						9.8						6.9
Prepaid insurance						9.7						5.9
Restricted cash						2.2						1.4
Other prepaid expenses and current assets						31.6						28.9
Total prepaid expenses and other current assets						$	276.3					$	238.4

Other non-current assets consist of the following:


						June 27, 2026						March 28, 2026
						(millions)
Security deposits						$	46.2					$	50.1

Cloud computing arrangement implementation costs						45.3						35.2
Equity method and other investments						10.2						5.9
Restricted cash						5.2						5.3
Deferred rent assets						4.3						4.7


Other non-current assets						35.7						38.3
Total other non-current assets						$	146.9					$	139.5

Accrued expenses and other current liabilities consist of the following:


						June 27, 2026						March 28, 2026
						(millions)
Accrued operating expenses						$	251.6					$	250.3
Accrued inventory liability						212.8						142.0
Accrued payroll and benefits						200.8						359.0
Accrued marketing and advertising						110.3						99.8
Other taxes payable						85.6						67.0
Dividends payable						59.6						54.8
Accrued capital expenditures						30.1						43.0
Finance lease obligations						20.3						20.7
Deferred income						19.6						22.0
Restructuring liability						16.6						21.1
Accrued interest						2.6						21.0
Derivative financial instruments						0.4						—
Other accrued expenses and current liabilities						1.1						3.1
Total accrued expenses and other current liabilities						$	1,011.4					$	1,103.8

Other non-current liabilities consist of the following:


						June 27, 2026						March 28, 2026
						(millions)
Asset retirement obligations						$	42.6					$	42.4
Accrued benefits and deferred compensation						28.7						27.5
Deferred lease incentives and obligations						25.5						26.7
Derivative financial instruments						15.6						13.7
Deferred tax liabilities						8.0						8.1
Other non-current liabilities						9.3						7.5
Total other non-current liabilities						$	129.7					$	125.9