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FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 28, 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 September 28, 2018, the aggregate notional amount of the Company’s outstanding foreign currency derivative contracts was $8.3 billion as summarized below: 
 
Foreign Currency Amount
 
Notional Contract Value in USD
Currency
Buy
 
Sell
 
Buy

Sell
 
(In thousands)
Cash Flow Hedges
 

 
 

 
 
 
 

CNY
2,258,000

 

 
$
328,494

 
$

EUR
74,296

 
38,747

 
87,302

 
45,635

HUF
27,835,000

 

 
101,026

 

ILS
179,000

 
5,250

 
49,890

 
1,463

MXN
4,590,000

 

 
242,508

 

MYR
405,700

 
45,000

 
98,135

 
10,885

RON
180,700

 

 
45,570

 

SGD
47,500

 

 
34,799

 

Other
N/A

 
N/A

 
37,295

 
5,436

 
 

 
 

 
1,025,019

 
63,419

Other Foreign Currency Contracts


 


 


 


CAD
394,519

 
416,218

 
304,213

 
320,945

CNY
1,552,000

 

 
226,025

 

EUR
1,722,006

 
1,884,924

 
2,023,008

 
2,214,953

GBP
36,557

 
64,161

 
48,180

 
84,499

HUF
89,504,773

 
97,417,006

 
324,854

 
353,571

ILS
224,300

 

 
62,516

 

INR
5,735,497

 
8,205,341

 
79,226

 
113,127

MXN
2,611,896

 
2,050,476

 
137,997

 
108,335

MYR
643,720

 
341,430

 
155,710

 
82,589

SEK
467,158

 
546,573

 
52,141

 
62,010

SGD
88,850

 
49,740

 
65,092

 
36,440

Other
N/A

 
N/A

 
89,580

 
256,393

 
 

 
 

 
3,568,542

 
3,632,862




 


 


 


Total Notional Contract Value in USD
 

 
 

 
$
4,593,561

 
$
3,696,281

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
 
September 28,
2018
 
March 31,
2018
 
Balance Sheet
Location
 
September 28,
2018
 
March 31,
2018
 
(In thousands)
Derivatives designated as hedging instruments
 
 
 

 
 

 
 
 
 

 
 

Foreign currency contracts
Other current assets
 
$
10,317

 
$
19,422

 
Other current liabilities
 
$
24,621

 
$
7,065

 
 
 
 
 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments
 
 
 

 
 

 
 
 
 

 
 

Foreign currency contracts
Other current assets
 
$
9,970

 
$
23,912

 
Other current liabilities
 
$
8,259

 
$
18,246