v3.26.3
Other Current Assets and Other Current Liabilities
 6 Months Ended
Sep. 26, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Current Assets and Other Current Liabilities Other Current Assets and Other Current Liabilities
Prepaid expenses and other current assets consist of the following (in millions):
September 26,
2026		March 28,
2026
Prepaid taxes$89 $88 
Interest receivable related to hedges19 20 
Prepaid contracts13 18 
Restricted cash11 10 
U.S. import tariff receivables7 65 
Other accounts receivables5 4 
Other prepaid expenses and current assets26 21 
Total prepaid expenses and other current assets$170 $226 
Accrued expenses and other current liabilities consist of the following (in millions):
September 26,
2026		March 28,
2026
Short-term derivative liability$61 $30 
Other taxes payable29 33 
Accrued advertising and marketing28 24 
Return liabilities26 26 
Accrued purchases and samples22 14 
Professional services17 20 
Accrued e-commerce16 15 
Accrued rent (1)
13 11 
Retail store expense accrual10 12 
Gift and retail store credits9 10 
Accrued capital expenditures9 18 
Deferred income1 3 
Other accrued expenses and current liabilities26 35 
Total accrued expenses and other current liabilities$267 $251 
(1)The accrued rent balance relates to variable lease payments.