LEASES (Tables)

6 Months Ended

Sep. 27, 2019

Leases [Abstract]

Components of Lease Cost

The components of lease cost were as follow (in thousands): 

Lease cost	Three-Month Period Ended		Six-Month Period Ended
	September 27, 2019		September 27, 2019
Operating lease cost	$	40,630	$	81,306
Total lease cost	$	40,630	$	81,306

Other information related to leases was as follow (in thousands):

	Six-Month Period Ended
	September 27, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	69,106

Balance Sheet Amounts

Amounts reported in the Consolidated Balance Sheet as of the period ended September 27, 2019 were (in thousands, except weighted average lease term and discount rate):

	As of September 27, 2019
Operating Leases:
Operating lease right of use assets	$	588,474
Operating lease liabilities	631,701
Weighted-average remaining lease term (In years)
Operating leases	7.2
Weighted-average discount rate
Operating leases	4.3		%

Future Minimum Lease Payments

Future lease payments under non-cancellable leases as of September 27, 2019 are as follows (in thousands):

Fiscal Year Ended March 31,	Operating Leases
2020 (1)	$	77,710
2021	125,871
2022	106,230
2023	92,832
2024	79,096
Thereafter	259,559
Total undiscounted lease payments	741,298
Less: imputed interest	109,597
Total lease liabilities	$	631,701

(1)

Represents estimated lease payments for the remaining six-month period ending March 31, 2020.

Future Minimum Rental Payments

As previously disclosed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2019 and under the previous lease accounting standard ASC 840, the aggregate future non-cancellable minimum rental payments on our operating lease, as of March 31, 2019, are as follows:

Fiscal Year Ending March 31,	Operating Leases
	(In thousands)
2020	$	155,391
2021	113,245
2022	93,777
2023	81,335
2024	67,341
Thereafter	171,828
Total minimum lease payments	$	682,917