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FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)
3 Months Ended
Jun. 26, 2020
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities measured at fair value on a recurring basis
The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of June 26, 2020 and March 31, 2020: 
 Fair Value Measurements as of June 26, 2020
 Level 1Level 2Level 3Total
 (In thousands)
Assets:    
Money market funds and time deposits (included in cash and cash equivalents of the condensed consolidated balance sheet)$—  $1,656,647  $—  $1,656,647  
Foreign currency contracts (Note 8)—  61,280  —  61,280  
Deferred compensation plan assets:   0
Mutual funds, money market accounts and equity securities—  53,837  —  53,837  
Liabilities:   
Foreign currency contracts (Note 8)$—  $(48,274) $—  $(48,274) 
 Fair Value Measurements as of March 31, 2020
 Level 1Level 2Level 3Total
 (In thousands)
Assets:    
Money market funds and time deposits (included in cash and cash equivalents of the condensed consolidated balance sheet)$—  $403,657  $—  $403,657  
Foreign currency contracts (Note 8)—  104,192  —  104,192  
Deferred compensation plan assets:   0
Mutual funds, money market accounts and equity securities—  49,086  —  49,086  
Liabilities:   0
Foreign currency contracts (Note 8)$—  $(149,354) $—  $(149,354) 
Schedule of debt not carried at fair value
The following table presents the Company’s major debts not carried at fair value: 
 As of June 26, 2020As of March 31, 2020
 Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Fair Value
Hierarchy
 (In thousands)
Term Loan, including current portion, due in installments through June 2022433,406  433,363  433,406  413,903  Level 1
5.000% Notes due February 2023
500,000  535,591  500,000  499,710  Level 1
Term Loan due April 2024 - three-month Yen LIBOR plus 0.500%
313,596  313,596  310,115  310,115  Level 2
4.750% Notes due June 2025
597,380  663,623  597,265  613,152  Level 1
3.750% Notes due February 2026
423,411  449,958  —  —  Level 1
4.875% Notes due June 2029
661,610  734,043  661,908  628,419  Level 1
4.875% Notes due May 2030
323,595  358,899  —  —  Level 1
Euro Term Loans212,678  212,678  207,646  207,646  Level 2
India Facilities138,238  138,238  138,238  138,238  Level 2