FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Dec. 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 December 31, 2018, the aggregate notional amount of the Company’s outstanding foreign currency derivative contracts was $9.7 billion as summarized below: 

	Foreign Currency Amount		Notional Contract Value in USD
Currency	Buy	Sell	Buy		Sell
	(In thousands)
Cash Flow Hedges
CNY	2,195,500	—	$	319,564	$	—
EUR	57,903	12,413	66,456		14,384
HUF	26,817,000	—	95,318		—
ILS	180,000	2,625	47,738		696
MXN	3,907,000	—	198,453		—
MYR	288,800	51,100	69,010		12,211
RON	171,000	—	41,884		—
SGD	47,100	—	34,353		—
Other	N/A	N/A	32,692		—
			905,468		27,291
Other Foreign Currency Contracts
CAD	413,508	446,691	303,203		327,534
CNY	3,569,739	1,097,810	517,310		160,000
EUR	1,943,263	2,058,119	2,215,448		2,346,054
GBP	72,112	65,663	91,160		83,067
HUF	135,200,211	130,812,582	480,555		464,960
ILS	238,075	121,000	63,140		32,090
INR	6,147,046	19,872,836	87,298		281,278
MXN	3,332,861	2,727,145	169,290		138,523
MYR	933,930	647,400	223,167		154,699
SEK	552,834	637,284	61,263		70,646
SGD	91,830	50,580	66,978		36,891
Other	N/A	N/A	119,052		317,735
			4,397,864		4,413,477
Total Notional Contract Value in USD			$	5,303,332	$	4,440,768

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, 2018		March 31, 2018		Balance Sheet Location	December 31, 2018		March 31, 2018
	(In thousands)
Derivatives designated as hedging instruments
Foreign currency contracts	Other current assets	$	7,049	$	19,422	Other current liabilities	$	14,377	$	7,065
Derivatives not designated as hedging instruments
Foreign currency contracts	Other current assets	$	21,567	$	23,912	Other current liabilities	$	21,708	$	18,246