FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)

12 Months Ended

Mar. 31, 2024

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 March 31, 2024 and 2023:

	Fair Value Measurements as of March 31, 2024
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Money market funds and time deposits (Note 2)	$	—	$	759	$	—	$	759
Foreign currency contracts (Note 10)	—		59		—		59
Deferred compensation plan assets:
Mutual funds, money market accounts and equity securities	—		41		—		41
Liabilities:
Foreign currency contracts (Note 10)	$	—	$	(52)	$	—	$	(52)

	Fair Value Measurements as of March 31, 2023
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Money market funds and time deposits (Note 2)	$	—	$	2,324	$	—	$	2,324
Foreign currency contracts (Note 10)	—		72		—		72
Deferred compensation plan assets:
Mutual funds, money market accounts and equity securities	—		35		—		35
Liabilities:
Foreign currency contracts (Note 10)	$	—	$	(129)	$	—	$	(129)

Schedule of liabilities not carried at fair value

The following table presents the Company's major debts not carried at fair value as of March 31, 2024 and 2023:

	As of March 31, 2024		As of March 31, 2023
	Carrying Amount	Fair Value	Carrying Amount	Fair Value	Fair Value Hierarchy
	(In millions)		(In millions)
JPY Term Loan due April 2024	—	—	253	253	Level 2
4.750% Notes due June 2025	584	578	599	590	Level 1
3.750% Notes due February 2026	682	662	686	657	Level 1
6.000% Notes due January 2028	397	404	396	399	Level 1
4.875% Notes due June 2029	657	643	658	631	Level 1
4.875% Notes due May 2030	681	662	685	661	Level 1
Delayed Draw Term Loan	—	—	150	150	Level 2
3.600% HUF Bonds due December 2031	274	219	284	196	Level 2