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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Mar. 31, 2018
Derivative Instruments and Hedges, Assets [Abstract]  
Summary of aggregate notional amount of the Company's outstanding foreign currency forward and swap contracts
As of March 31, 2018, the aggregate notional amount of the Company's outstanding foreign currency derivative contracts was $7.6 billion as summarized below:
 
Foreign Currency
Amount
 
Notional Contract
Value in USD
Currency
Buy
 
Sell
 
Buy
 
Sell
 
(In thousands)
Cash Flow Hedges
 
 
 
 
 
 
 
CNY
2,472,000

 

 
$
392,493

 
$

EUR
74,696

 
102,508

 
92,292

 
123,347

HUF
20,482,360

 

 
80,961

 

ILS
104,570

 
17,325

 
29,853

 
4,946

MXN
3,820,600

 

 
208,688

 

MYR
235,400

 
78,000

 
60,277

 
19,973

RON
125,190

 

 
33,224

 

SGD
35,250

 

 
26,908

 

Other
N/A

 
N/A

 
49,734

 
3,225

 
 
 
 
 
974,430

 
151,491

Other Foreign Currency Contracts
 
 
 
 
 
 
 
AUD
29,887

 
39,839

 
22,925

 
30,834

BRL

 
706,000

 

 
211,580

CAD
306,196

 
336,629

 
237,601

 
261,216

CHF
13,122

 
26,611

 
13,763

 
27,912

CNY
2,238,583

 

 
347,121

 

EUR
1,190,730

 
1,442,218

 
1,469,945

 
1,780,517

GBP
38,445

 
65,222

 
54,179

 
91,794

HUF
106,548,846

 
116,231,762

 
421,158

 
459,432

INR
4,052,331

 
747,986

 
61,992

 
11,476

MXN
2,342,814

 
2,109,080

 
127,969

 
115,202

MYR
844,010

 
627,500

 
216,119

 
160,679

PLN
99,330

 
54,465

 
29,180

 
16,000

SEK
144,590

 
267,169

 
17,492

 
32,172

SGD
73,918

 
40,994

 
56,426

 
31,293

Other
N/A

 
N/A

 
89,386

 
45,739

 
 
 
 
 
3,165,256

 
3,275,846

Total Notional Contract Value in USD
 
 
 
 
$
4,139,686

 
$
3,427,337

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 at March 31, 2018 and 2017:
 
Fair Values of Derivative Instruments
 
Asset Derivatives
 
Liability Derivatives
 
 
 
Fair Value
 
 
 
Fair Value
 
Balance Sheet
Location
 
March 31,
2018
 
March 31,
2017
 
Balance Sheet
Location
 
March 31,
2018
 
March 31,
2017
 
(In thousands)
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
$
19,422

 
$
11,936

 
Other current liabilities
 
$
7,065

 
$
1,814

Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
$
23,912

 
$
10,086

 
Other current liabilities
 
$
18,246

 
$
9,928