BANK BORROWINGS AND LONG-TERM DEBT (Tables)

6 Months Ended

Sep. 25, 2020

Schedule of bank borrowings and long-term debt

Bank borrowings and long-term debt as of September 25, 2020 are as follows:


	As of September 25, 2020		As of March 31, 2020
	(In millions)
Term Loan, including current portion, due in installments through June 2022	—		433
5.000% Notes due February 2023	500		500
Term Loan due April 2024 - three-month Yen LIBOR plus 0.500%	318		310
4.750% Notes due June 2025	597		597
3.750% Notes due February 2026	696		—
4.875% Notes due June 2029	661		662
4.875% Notes due May 2030	696		—
India Facilities	138		138
Other	220		211
Debt issuance costs	(24)		(13)
	3,802		2,838
Current portion, net of debt issuance costs	(63)		(149)
Non-current portion	$	3,739	$	2,689

Schedule of the Company's repayments of long-term debt

Scheduled repayments of the Company's bank borrowings and long-term debt as of September 25, 2020 are as follows:


Fiscal Year Ending March 31,	Amount
	(In millions)
2021 (1)	$	56
2022	216
2023	531
2024	53
2025	318
Thereafter	2,652
Total	$	3,826

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

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details