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FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)
 6 Months Ended
Sep. 30, 2022
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 September 30, 2022 and March 31, 2022: 
 Fair Value Measurements as of September 30, 2022
 Level 1Level 2Level 3Total
 (In millions)
Assets:    
Money market funds and time deposits (included in cash and cash equivalents of the condensed consolidated balance sheet)$— $1,509 $— $1,509 
Foreign currency contracts (Note 8)— 111 — 111 
Deferred compensation plan assets:   0
Mutual funds, money market accounts and equity securities— 36 — 36 
Liabilities:   
Foreign currency contracts (Note 8)$— $(395)$— $(395)
 Fair Value Measurements as of March 31, 2022
 Level 1Level 2Level 3Total
 (In millions)
Assets:    
Money market funds and time deposits (included in cash and cash equivalents of the condensed consolidated balance sheet)$— $2,285 $— $2,285 
Foreign currency contracts (Note 8)— 43 — 43 
Deferred compensation plan assets:   0
Mutual funds, money market accounts and equity securities— 39 — 39 
Liabilities:   0
Foreign currency contracts (Note 8)$— $(122)$— $(122)
Schedule of debt not carried at fair value
The following table presents the Company’s major debts not carried at fair value: 
 As of September 30, 2022As of March 31, 2022
 Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value		Fair Value
Hierarchy
 (In millions)
5.000% Notes due February 2023
$500 $501 $500 $511 Level 1
Term Loan due April 2024 - three-month TIBOR plus 0.446%
232 232 273 273 Level 2
4.750% Notes due June 2025
598 588 598 615 Level 1
3.750% Notes due February 2026
688 643 690 690 Level 1
4.875% Notes due June 2029
659 602 659 687 Level 1
4.875% Notes due May 2030
688 630 690 713 Level 1
Euro Term Loans337 337 389 389 Level 2
3.600% HUF Bonds due December 2031
232 232 301 301 Level 2
India Facilities79 79 84 84 Level 2