BANK BORROWINGS AND LONG-TERM DEBT (Tables)

9 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of bank borrowings and long-term debt

Bank borrowings and long-term debt as of December 31, 2022 and March 31, 2022 are as follows:

	As of December 31, 2022		As of March 31, 2022
	(In millions)
5.000% Notes due February 2023	$	—	$	500
Term Loan due April 2024 - three-month TIBOR plus 0.436%	250		273
4.750% Notes due June 2025	599		598
3.750% Notes due February 2026	687		690
6.000% Notes due January 2028	396		—
4.875% Notes due June 2029	658		659
4.875% Notes due May 2030	687		690
Euro Term Loans	265		389
Delayed Draw Term Loan	150		—
3.600% HUF Bonds due December 2031	264		301
India Facilities	79		84
Other	—		31
Debt issuance costs	(19)		(18)
	4,016		4,197
Current portion, net of debt issuance costs	(494)		(949)
Non-current portion	$	3,522	$	3,248

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, 2022 are as follows:

Fiscal Year Ending March 31,	Amount
	(In millions)
2023 (1)	$	26
2024	468
2025	250
2026	1,286
2027	—
Thereafter	2,005
Total	$	4,035

(1)Represents estimated repayments for the remaining fiscal three-month period ending March 31, 2023.