Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of premium lifestyle products, including mens, womens and childrens apparel. Below are selected financial statements taken from a recent 10-K filing.

RALPH LAUREN CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
	Fiscal Year Ended March 28, 2020 (millions, except per share data)
Net revenues	$ 6,159.8
Cost of goods sold	(2,506.5)
Gross profit	3,653.3
Selling, general, and administrative expenses	(3,237.5)
Impairment of assets	(31.6)
Restructuring and other charges	(67.2)
Total other operating expenses, net	(3,336.3)
Operating income	317.0
Interest expense	(17.6)
Interest income	34.4
Other income (expense), net	(7.4)
Income before income taxes	326.4
Income tax benefit (provision)	57.9
Net income	$ 384.3
Net income per common share:
Basic	$ 5.07
Diluted	$ 4.98

RALPH LAUREN CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
	Fiscal Year Ended March 28, 2020 (millions)
Net income	$ 384.3
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses)	(11.9)
Net gains (losses) on cash flow hedges	(2.2)
Net gains (losses) on defined benefit plans	(0.7)
Other comprehensive income (loss), net of tax	(14.8)
Total comprehensive income	$ 369.5

Required:

Use the information in the financial statements to answer the following questions.

1. Does the company use the single-step or multiple-step format to present its income statements?

2. Does the company report restructuring costs (yes/no)? If so, how much?

Note: Enter your answer in millions. Round your answer to 1 decimal place.

3. Does the company report asset impairments (yes/no)? If so, how much?

Note: Enter your answer in millions. Round your answer to 1 decimal place.

4. What amount does the company report for nonoperating income?

Note: Enter your answer in millions. Round your answer to 1 decimal place.

5. Does the company choose to report comprehensive income in two consecutive statements or a combined statement?

7. What is the amount of comprehensive income?

Note: Enter your answer in millions. Round your answer to 1 decimal place.