Intangible Assets and Goodwill (Tables)
 12 Months Ended
Mar. 28, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Values of Finite-Lived Intangible Assets
The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
 March 28, 2020March 30, 2019
 Gross
Carrying
Amount		Accumulated
Amortization		NetGross
Carrying
Amount		Accumulated
Amortization		Net
Definite-lived intangible assets:
Reacquired rights $400  $61  $339  $400  $45  $355  
Trademarks23  20  3  23  19  4  
Lease rights (1)
—  —  —  96  56  40  
Customer relationships404  51  353  415  23  392  
827  132  695  934  143  791  
Indefinite-lived intangible assets:
Jimmy Choo brand (2)
547  180  367  572  —  572  
Versace brand (3)
924  —  924  930  —  930  
1,471  180  1,291  1,502  —  1,502  
Total intangible assets, excluding goodwill
$2,298  $312  $1,986  $2,436  $143  $2,293  
________________________________
(1)The March 30, 2019 balance includes certain lease rights that were reclassified to the operating lease right-of-use asset as part of the adoption of ASU 2016-02 in Fiscal 2020. Includes $2 million and $5 million, respectively, of impairment charges recorded during Fiscal 2019 and Fiscal 2018, primarily in connection with underperforming full-price Michael Kors retail stores. See Note 14 for additional information.
(2)The year-over-year change in carrying value reflects an impairment charge of $180 million and foreign currency translation of $25 million. The Company did not incur any impairment charges in prior periods.
(3)The year-over-year change in carrying value relates to foreign currency translation.
Carrying Values of Indefinite-Lived Intangible Assets
The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
 March 28, 2020March 30, 2019
 Gross
Carrying
Amount		Accumulated
Amortization		NetGross
Carrying
Amount		Accumulated
Amortization		Net
Definite-lived intangible assets:
Reacquired rights $400  $61  $339  $400  $45  $355  
Trademarks23  20  3  23  19  4  
Lease rights (1)
—  —  —  96  56  40  
Customer relationships404  51  353  415  23  392  
827  132  695  934  143  791  
Indefinite-lived intangible assets:
Jimmy Choo brand (2)
547  180  367  572  —  572  
Versace brand (3)
924  —  924  930  —  930  
1,471  180  1,291  1,502  —  1,502  
Total intangible assets, excluding goodwill
$2,298  $312  $1,986  $2,436  $143  $2,293  
________________________________
(1)The March 30, 2019 balance includes certain lease rights that were reclassified to the operating lease right-of-use asset as part of the adoption of ASU 2016-02 in Fiscal 2020. Includes $2 million and $5 million, respectively, of impairment charges recorded during Fiscal 2019 and Fiscal 2018, primarily in connection with underperforming full-price Michael Kors retail stores. See Note 14 for additional information.
(2)The year-over-year change in carrying value reflects an impairment charge of $180 million and foreign currency translation of $25 million. The Company did not incur any impairment charges in prior periods.
(3)The year-over-year change in carrying value relates to foreign currency translation.
Estimated Amortization Expense
Estimated amortization expense for each of the next five years is as follows (in millions):
Fiscal 2021$46  
Fiscal 202246  
Fiscal 202346  
Fiscal 202445  
Fiscal 202545  
Fiscal 2026 and thereafter467  
$695  
Changes in Goodwill for Reportable Segments
The following table details the changes in goodwill for each of the Company’s reportable segments (in millions):
VersaceJimmy Choo
Michael
    Kors (1)
Total
Balance at March 31, 2018$—  $728  $120  $848  
Acquisition of Versace (1)
878  —  —  878  
Foreign currency translation
(17) (50) —  (67) 
Balance at March 30, 2019861  678  120  1,659  
Acquisition—  11  —  11  
Measurement period adjustment (1)
26  —  —  26  
Impairment charges (2)
—  (171) —  (171) 
Foreign currency translation
(6) (31) —  (37) 
Balance at March 28, 2020$881  $487  $120  $1,488  

(1)See Note 5 for additional information.
(2)The Company recorded impairment charges of $171 million related to the Jimmy Choo retail and licensing reporting units. The Company did not incur any goodwill impairment charges in prior periods.