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Fair Value Measurements (Tables)
 9 Months Ended
Jan. 02, 2021
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on a recurring basis The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring basis as of January 2, 2021 and March 28, 2020:
January 2, 2021
(In thousands)
(Level 1)
(Level 2)
(Level 3)		Total Fair
Value
Assets
Cash equivalents:
Money market funds$334,209 $— $— $334,209 
Financial institution securities— 174,988 — 174,988 
Non-financial institution securities— 207,764 — 207,764 
U.S. government and agency securities36,999 83,995 — 120,994 
Foreign government and agency securities— 121,470 — 121,470 
Short-term investments:
Financial institution securities— 299,991 — 299,991 
Non-financial institution securities— 430,783 — 430,783 
U.S. government and agency securities643,877 341,331 — 985,208 
Foreign government and agency securities— 376,855 — 376,855 
Mortgage-backed securities— 89,617 — 89,617 
Asset-backed securities— 856 — 856 
Commercial mortgage-backed securities— 15,549 — 15,549 
Derivative financial instruments, net— 6,756 — 6,756 
Total assets measured at fair value$1,015,085 $2,149,955 $— $3,165,040 


March 28, 2020
(In thousands)

(Level 1)
(Level 2)
(Level 3)		Total Fair
Value
Assets
Cash equivalents:
Money market funds$656,038 $— $— $656,038 
Financial institution securities— 175,000 — 175,000 
Non-financial institution securities— 361,692 — 361,692 
U.S. government and agency securities150,999 62,274 — 213,273 
Foreign government and agency securities— 244,300 — 244,300 
Short-term investments:
Financial institution securities— 150,000 — 150,000 
Non-financial institution securities— 115,043 — 115,043 
U.S. government and agency securities1,000 2,000 — 3,000 
Foreign government and agency securities— 9,973 — 9,973 
Mortgage-backed securities— 158,804 — 158,804 
Asset-backed securities— 2,549 — 2,549 
Commercial mortgage-backed securities— 50,144 — 50,144 
Total assets measured at fair value$808,037 $1,331,779 $— $2,139,816 
Liabilities
Derivative financial instruments, net$— $12,381 $— $12,381 
Total liabilities measured at fair value$— $12,381 $— $12,381 
Net assets measured at fair value$808,037 $1,319,398 $— $2,127,435