CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 26, 2026	Mar. 28, 2026
Current assets
Cash and cash equivalents	$ 125	$ 135
Receivables, net	223	211
Inventories, net	712	581
Prepaid expenses and other current assets	170	226
Total current assets	1,230	1,153
Property and equipment, net	356	371
Operating lease right-of-use assets	843	854
Intangible assets, net	547	562
Goodwill	201	202
Other assets	96	92
Total assets	3,273	3,234
Current liabilities
Accounts payable	396	311
Accrued payroll and payroll related expenses	84	122
Accrued income taxes	45	23
Short-term operating lease liabilities	230	233
Short-term debt	19	14
Accrued expenses and other current liabilities	267	251
Total current liabilities	1,041	954
Long-term operating lease liabilities	814	830
Deferred tax liabilities	80	88
Long-term debt	442	343
Other long-term liabilities	826	935
Total liabilities	3,203	3,150
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 230,314,415 shares issued and 103,349,507 outstanding at September 26, 2026; 229,042,390 shares issued and 115,175,268 outstanding at March 28, 2026	0	0
Treasury shares, at cost (126,964,908 shares at September 26, 2026 and 113,867,122 shares at March 28, 2026)	(5,747)	(5,543)
Additional paid-in capital	1,532	1,512
Accumulated other comprehensive loss	(250)	(323)
Retained earnings	4,530	4,434
Total shareholders’ equity of Capri	65	80
Noncontrolling interest	5	4
Total shareholders’ equity	70	84
Total liabilities and shareholders’ equity	$ 3,273	$ 3,234

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.