ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

Jul. 02, 2021

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS 

The changes in accumulated other comprehensive loss by component, net of tax, are as follows: 

	Three-Month Periods Ended
	July 2, 2021						June 26, 2020
	Unrealized  loss on derivative instruments and other		Foreign currency translation adjustments		Total		Unrealized loss on derivative instruments and other		Foreign currency translation adjustments		Total
	(In millions)
Beginning balance	$	(42)	$	(77)	$	(119)	$	(82)	$	(133)	$	(215)
Other comprehensive gain before reclassifications	12		6		18		18		14		32
Net (gains) losses reclassified from accumulated other comprehensive loss	(9)		(1)		(10)		12		—		12
Net current-period other comprehensive gain	3		5		8		30		14		44
Ending balance	$	(39)	$	(72)	$	(111)	$	(52)	$	(119)	$	(171)

Substantially all unrealized losses and gains relating to derivative instruments and other, reclassified from accumulated other comprehensive loss for the three-month period ended July 2, 2021were recognized as a component of cost of sales in the condensed consolidated statement of operations, which primarily relate to the Company’s foreign currency contracts accounted for as cash flow hedges.