BANK BORROWINGS AND LONG-TERM DEBT (Tables)

3 Months Ended

Jun. 28, 2024

Debt Disclosure [Abstract]

Schedule of Bank Borrowings and Long-term Debt

Bank borrowings and long-term debt as of June 28, 2024 and March 31, 2024 are as follows:

	Maturity Date	As of June 28, 2024		As of March 31, 2024
		(In millions)
4.750% Notes (1)	June 2025	$	543	$	584
3.750% Notes (1)	February 2026	681		682
6.000% Notes (1)	January 2028	397		397
4.875% Notes (1)	June 2029	656		657
4.875% Notes (1)	May 2030	680		681
3.600% HUF Bonds	December 2031	269		274
Other		1		1
Debt issuance costs		(12)		(15)
		3,215		3,261
Current portion, net of debt issuance costs		(543)		—
Non-current portion		$	2,672	$	3,261

(1)The notes are carried at the principal amount of each note, less any unamortized discount or premium and unamortized debt issuance costs. The notes are the Company’s senior unsecured obligations and rank equally with all other existing and future senior unsecured debt obligations

Schedule of the Company's Repayments of Long-term Debt

Scheduled repayments of the Company's bank borrowings and long-term debt as of June 28, 2024 are as follows:

Fiscal Year Ending March 31,	Amount
	(In millions)
2025 (1)	$	—
2026	1,224
2027	—
2028	397
2029	27
Thereafter	1,579
Total	$	3,227

(1)Represents estimated repayments for the remaining fiscal nine-month period ending March 31, 2025.