BANK BORROWINGS AND LONG-TERM DEBT (Tables)

9 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of bank borrowings and long-term debt

Bank borrowings and long-term debt as of December 31, 2021 are as follows:

	As of December 31, 2021		As of March 31, 2021
	(In millions)
5.000% Notes due February 2023	$	500	$	500
Term Loan due April 2024 - three-month Yen LIBOR plus 0.500%	292		305
4.750% Notes due June 2025	598		598
3.750% Notes due February 2026	691		694
4.875% Notes due June 2029	660		661
4.875% Notes due May 2030	691		694
3.600% HUF Bonds due December 2031	306		—
India Facilities	117		133
Other	610		219
Debt issuance costs	(19)		(21)
	4,446		3,783
Current portion	(648)		(268)
Non-current portion	$	3,798	$	3,515

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

Scheduled repayments of the Company's bank borrowings and long-term debt as of December 31, 2021 are as follows:

Fiscal Year Ending March 31,	Amount
	(In millions)
2022 (1)	$	246
2023	928
2024	53
2025	292
2026	1,289
Thereafter	1,657
Total	$	4,465

(1)Represents estimated repayments for the remaining fiscal three-month period ending March 31, 2022.