FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Sep. 27, 2019

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 27, 2019, the aggregate notional amount of the Company’s outstanding foreign currency derivative contracts was $9.1 billion as summarized below: 

	Foreign Currency Amount		Notional Contract Value in USD
Currency	Buy	Sell	Buy		Sell
	(In thousands)
Cash Flow Hedges
CNY	1,086,000	—	$	152,447	$	—
EUR	34,640	4,260	38,352		4,668
HUF	27,209,000	—	89,151		—
ILS	190,000	—	54,247		—
JPY	33,525,000	—	300,000		—
MXN	4,035,000	—	206,441		—
MYR	264,000	40,900	63,187		9,789
PLN	131,400	—	32,862		—
RON	192,000	—	44,333		—
Other	N/A	N/A	46,353		—
			1,027,373		14,457
Other Foreign Currency Contracts
BRL	—	972,000	—		232,619
CAD	65,885	43,154	49,627		32,505
CNY	5,214,716	1,371,026	738,250		192,837
EUR	1,820,719	2,011,008	1,997,855		2,209,684
GBP	45,292	56,241	56,026		69,547
HUF	80,227,683	84,751,497	262,868		277,690
ILS	264,700	115,000	75,575		32,834
INR	6,807,200	6,411,000	95,825		90,248
JPY	3,195,245	2,596,970	29,736		24,233
MXN	4,450,330	2,690,978	227,691		137,678
MYR	2,142,120	1,799,000	512,702		430,579
SEK	455,420	538,295	46,934		55,304
SGD	90,548	53,439	65,686		38,766
Other	N/A	N/A	57,488		41,809
			4,216,263		3,866,333
Total Notional Contract Value in USD			$	5,243,636	$	3,880,790

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 27, 2019		March 31, 2019		Balance Sheet Location	September 27, 2019		March 31, 2019
	(In thousands)
Derivatives designated as hedging instruments
Foreign currency contracts	Other current assets	$	2,492	$	10,503	Other current liabilities	$	22,800	$	10,282
Foreign currency contracts	Other assets	$	18,316	$	—	Other liabilities	$	—	$	—
Derivatives not designated as hedging instruments
Foreign currency contracts	Other current assets	$	24,508	$	16,774	Other current liabilities	$	23,327	$	17,144