FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Sep. 29, 2023

Derivative Instruments and Hedges, Assets [Abstract]

Schedule of aggregate notional amount of the company's outstanding foreign currency forward and swap contracts

As of September 29, 2023, the aggregate notional amount of the Company’s outstanding foreign currency derivative contracts was $11.3 billion as summarized below: 

	Notional Contract Value in USD
Currency	Buy		Sell
Cash Flow Hedges
HUF	$	439	$	—
MXN	534		—
Other	577		29
	1,550		29
Other Foreign Currency Contracts
CNY	844		360
EUR	2,237		2,475
GBP	232		346
MXN	643		508
MYR	524		355
Other	586		630
	5,066		4,674
Total Notional Contract Value in USD	$	6,616	$	4,703

Schedule of fair value of the derivative instruments utilized for foreign currency risk management purposes

The following table presents the fair value of the Company’s derivative instruments utilized for foreign currency risk management purposes:

	Fair Values of Derivative Instruments
	Asset Derivatives					Liability Derivatives
		Fair Value					Fair Value
	Balance Sheet Location	September 29, 2023		March 31, 2023		Balance Sheet Location	September 29, 2023		March 31, 2023
	(In millions)
Derivatives designated as hedging instruments
Foreign currency contracts	Other current assets	$	20	$	46	Other current liabilities	$	33	$	22
Foreign currency contracts	Other assets	$	—	$	—	Other liabilities	$	31	$	88
Derivatives not designated as hedging instruments
Foreign currency contracts	Other current assets	$	46	$	26	Other current liabilities	$	59	$	19