BALANCE SHEET ITEMS (Tables)

3 Months Ended

Jun. 26, 2020

Balance Sheet Related Disclosures [Abstract]

Schedule of components of inventories

The components of inventories, net of applicable lower of cost and net realizable value write-downs, were as follows: 

	As of June 26, 2020		As of March 31, 2020
	(In thousands)
Raw materials	$	2,626,618	$	2,835,582
Work-in-progress	336,469		373,513
Finished goods	520,388		575,978
	$	3,483,475	$	3,785,073

Schedule of goodwill

six reporting units based on each reporting unit’s relative fair value as of April 1, 2020. The following table summarizes the goodwill allocation as of April 1, 2020 and the activity during the three-month period ended June 26, 2020: 

	FAS						FRS
	Communications, Enterprise and Cloud		Lifestyle		Consumer Devices		Automotive		Health Solutions		Industrial		Total
	(In thousands)
Balance at April 1, 2020	$	188,179	$	130,705	$	50,328	$	174,123	$	192,498	$	328,720	$	1,064,553
Foreign currency translation adjustments	—		—		—		9,231		820		—		10,051
Balance at June 26, 2020	$	188,179	$	130,705	$	50,328	$	183,354	$	193,318	$	328,720	$	1,074,604

Schedule of components of acquired intangible assets

The components of acquired intangible assets are as follows:

	As of June 26, 2020						As of March 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(In thousands)
Intangible assets:
Customer-related intangibles	$	276,087	$	(135,299)	$	140,788	$	275,678	$	(128,155)	$	147,523
Licenses and other intangibles	248,966		(139,299)		109,667		244,917		(130,022)		114,895
Total	$	525,053	$	(274,598)	$	250,455	$	520,595	$	(258,177)	$	262,418

Schedule of estimated future annual amortization expense for intangible assets

The estimated future annual amortization expense for intangible assets is as follows:

Fiscal Year Ending March 31,	Amount
	(In thousands)
2021 (1)	$	45,161
2022	52,100
2023	44,375
2024	42,820
2025	37,836
Thereafter	28,163
Total amortization expense	$	250,455

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(1)Represents estimated amortization for the remaining fiscal nine-month period ending March 31, 2021.