FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedges, Assets [Abstract]

Summary of aggregate notional amount of the Company's outstanding foreign currency forward and swap contracts

As of December 31, 2017, the aggregate notional amount of the Company’s outstanding foreign currency contracts was $8.2 billion as summarized below:

	Foreign Currency Amount		Notional Contract Value in USD
Currency	Buy	Sell	Buy		Sell
	(In thousands)
Cash Flow Hedges
CNY	1,724,000	—	$	262,937	$	—
EUR	53,756	109,351	63,973		128,767
HUF	19,654,800	—	75,314		—
ILS	73,700	—	21,233		—
INR	1,392,540	—	21,200		—
MXN	3,072,680	—	154,955		—
MYR	173,000	39,500	42,318		9,662
PLN	87,890	—	24,963		—
RON	117,780	—	30,124		—
SGD	29,900	—	22,335		—
Other	N/A	N/A	12,567		5,017
			731,919		143,446
Other Foreign Currency Contracts
BRL	—	871,000	—		263,229
CAD	267,328	289,019	211,126		228,257
CHF	16,327	28,889	16,527		29,245
CNY	2,832,338	—	427,268		—
EUR	1,958,706	2,306,257	2,329,926		2,744,141
GBP	35,355	63,776	47,390		85,505
HUF	18,783,285	22,480,502	71,975		86,142
INR	6,222,378	1,252,331	96,829		19,200
MXN	2,254,587	1,374,623	113,699		69,322
MYR	456,260	247,030	111,607		60,427
RON	88,521	81,054	22,641		20,731
SGD	78,855	48,690	58,904		36,371
Other	N/A	N/A	114,386		81,631
			3,622,278		3,724,201
Total Notional Contract Value in USD			$	4,354,197	$	3,867,647

Schedule of fair value of the derivative instruments utilized for foreign currency risk management purposes

The following table presents the fair value of the Company’s derivative instruments utilized for foreign currency risk management purposes:

	Fair Values of Derivative Instruments
	Asset Derivatives					Liability Derivatives
		Fair Value					Fair Value
	Balance Sheet Location	December 31, 2017		March 31, 2017		Balance Sheet Location	December 31, 2017		March 31, 2017
	(In thousands)
Derivatives designated as hedging instruments
Foreign currency contracts	Other current assets	$	6,627	$	11,936	Other current liabilities	$	15,057	$	1,814
Derivatives not designated as hedging instruments
Foreign currency contracts	Other current assets	$	14,376	$	10,086	Other current liabilities	$	10,273	$	9,928