BANK BORROWINGS AND LONG-TERM DEBT (Tables)

12 Months Ended

Mar. 31, 2022

Schedule of bank borrowings and long-term debt

Bank borrowings and long-term debt are as follows:


	As of March 31,
	2022		2021
	(In millions)

5.000% Notes due February 2023	$	500	$	500
Term Loan due April 2024 - three-month TIBOR plus 0.43%	273		305
4.750% Notes due June 2025	598		598
3.750% Notes due February 2026	690		694
4.875% Notes due June 2029	659		661
4.875% Notes due May 2030	690		694
Euro Term Loans	389		168
3.600% HUF Bonds due December 2031	301		—
India Facilities	84		133
Other	31		51
Debt issuance costs	(18)		(21)
	4,197		3,783
Current portion, net of debt issuance costs	(949)		(268)
Non-current portion	$	3,248	$	3,515

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

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


Fiscal Year Ending March 31,	Amount
	(In millions)
2023	$	950
2024	53
2025	273
2026	1,288
2027	—
Thereafter	1,651
Total	$	4,215

- 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