RALPH LAUREN CORP
For the period ended Mar 30, 2024. Filed May 23, 2024.
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FY2024 · Filed May 23, 2024
RL$398.52+5.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| March 30,2024 | April 1,2023 | |
|---|---|---|
| (millions) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,662.2 | $1,529.3 |
| Short-term investments | 121.0 | 36.4 |
| Accounts receivable, net of allowances of $175.3 million and $175.3 million | 446.5 | 447.7 |
| Inventories | 902.2 | 1,071.3 |
| Income tax receivable | 56.0 | 50.7 |
| Prepaid expenses and other current assets | 171.9 | 188.7 |
| Total current assets | 3,359.8 | 3,324.1 |
| Property and equipment, net | 850.4 | 955.5 |
| Operating lease right-of-use assets | 1,014.6 | 1,134.0 |
| Deferred tax assets | 288.3 | 255.1 |
| Goodwill | 888.1 | 898.9 |
| Intangible assets, net | 75.7 | 88.9 |
| Other non-current assets | 125.7 | 133.0 |
| Total assets | $6,602.6 | $6,789.5 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $332.2 | $371.6 |
| Current income tax payable | 79.8 | 59.7 |
| Current operating lease liabilities | 245.5 | 266.7 |
| Accrued expenses and other current liabilities | 809.7 | 795.5 |
| Total current liabilities | 1,467.2 | 1,493.5 |
| Long-term debt | 1,140.5 | 1,138.5 |
| Long-term finance lease liabilities | 256.1 | 315.3 |
| Long-term operating lease liabilities | 1,014.0 | 1,141.1 |
| Non-current income tax payable | 42.2 | 75.9 |
| Non-current liability for unrecognized tax benefits | 118.7 | 93.8 |
| Other non-current liabilities | 113.6 | 100.9 |
| Commitments and contingencies (Note 15) | ||
| Total liabilities | 4,152.3 | 4,359.0 |
| Equity: | ||
| Class A common stock, par value $.01 per share; 111.7 million and 107.7 million shares issued; 41.4 million and 40.7 million shares outstanding | 1.1 | 1.0 |
| Class B common stock, par value $.01 per share; 21.9 million shares issued and outstanding; 24.9 million shares issued and outstanding | 0.2 | 0.3 |
| Additional paid-in-capital | 2,923.8 | 2,824.3 |
| Retained earnings | 7,051.6 | 6,598.2 |
| Treasury stock, Class A, at cost; 70.3 million and 67.0 million shares | (7,250.3) | (6,797.3) |
| Accumulated other comprehensive loss | (276.1) | (196.0) |
| Total equity | 2,450.3 | 2,430.5 |
| Total liabilities and equity | $6,602.6 | $6,789.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.