The following table details changes in the components of accumulated other comprehensive loss, net of taxes, for the six months ended September 26, 2026 and September 27, 2025, respectively (in millions):


	Foreign Currency Translation Adjustments (1)		Net Gain (Loss) on Derivatives (2)		Other Comprehensive (Loss) Income Attributable to Capri
Balance at March 28, 2026	$	(324)	$	1	$	(323)



Other comprehensive income, net of tax	72		1		73
Balance at September 26, 2026	$	(252)	$	2	$	(250)

Balance at March 29, 2025	$	67	$	(10)	$	57
Other comprehensive loss before reclassifications	(491)		(3)		(494)
Reclassified from AOCI to earnings	—		4		4
Other comprehensive loss, net of tax	(491)		1		(490)
Balance at September 27, 2025	$	(424)	$	(9)	$	(433)

(1)Foreign currency translation adjustments for the six months ended September 26, 2026 primarily include a $77 million gain, net of taxes of $20 million, relating to the Company’s net investment hedges, as well as a net $15 million translation gain. Foreign currency translation adjustments for the six months ended September 27, 2025 primarily include a $464 million loss, net of taxes of $156 million, relating to the Company’s net investment hedges, as well as a net $27 million translation loss.

(2)Other comprehensive gain (loss) before reclassifications for both the six months ended September 26, 2026 and September 27, 2025 primarily relate to the Company’s foreign currency exchange contracts for inventory purchases. Reclassifications from AOCI into earnings for six months ended September 27, 2025 were $3 million, net of taxes of $1 million, related to the Company’s previously terminated interest rate swaps and $1 million, net of immaterial taxes, related to the Company’s forward foreign currency exchange contracts for inventory purchases.