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FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Jun. 29, 2012
FINANCIAL INSTRUMENTS  
Schedule of aggregate notional amount of the outstanding foreign currency forward and swap contracts

 

 

 

 

Foreign Currency Amount

 

Notional Contract Value in USD

 

Currency

 

Buy

 

Sell

 

Buy

 

Sell

 

 

 

(In thousands)

 

Cash Flow Hedges

 

 

 

 

 

 

 

 

 

CNY

 

2,365,400

 

 

$

372,100

 

$

 

EUR

 

27,356

 

3,984

 

34,047

 

5,042

 

HUF

 

15,669,000

 

 

67,629

 

 

ILS

 

157,100

 

 

39,841

 

 

MXN

 

1,754,600

 

 

128,849

 

 

MYR

 

381,800

 

 

119,481

 

 

SGD

 

51,300

 

 

40,116

 

 

Other

 

N/A

 

N/A

 

61,695

 

1,840

 

 

 

 

 

 

 

863,758

 

6,882

 

Other Forward/Swap Contracts

 

 

 

 

 

 

 

 

 

BRL

 

151,000

 

210,100

 

72,722

 

101,185

 

CAD

 

49,478

 

66,527

 

48,267

 

64,926

 

EUR

 

306,532

 

172,502

 

382,253

 

214,871

 

GBP

 

15,236

 

35,472

 

23,694

 

55,136

 

HUF

 

12,766,500

 

10,953,300

 

55,102

 

47,276

 

JPY

 

5,985,940

 

3,180,374

 

75,395

 

40,158

 

MXN

 

731,185

 

199,700

 

53,695

 

14,665

 

MYR

 

260,721

 

31,972

 

81,590

 

10,005

 

SEK

 

2,370,428

 

750,774

 

334,956

 

106,079

 

Other

 

N/A

 

N/A

 

110,275

 

37,943

 

 

 

 

 

 

 

1,237,949

 

692,244

 

 

 

 

 

 

 

 

 

 

 

Total Notional Contract Value in USD

 

 

 

 

 

$

2,101,707

 

$

699,126

 

 

Schedule of fair value of the derivative instruments located on the condensed consolidated balance sheets utilized for foreign currency risk management purposes

 

 

 

 

Fair Values of Derivative Instruments

 

 

 

Asset Derivatives

 

Liability Derivatives

 

 

 

 

 

Fair Value

 

 

 

Fair Value

 

 

 

Balance Sheet
Location

 

June 29,
2012

 

March 31,
2012

 

Balance Sheet
Location

 

June 29,
2012

 

March 31,
2012

 

 

 

(In thousands)

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

4,619

 

$

10,105

 

Other current liabilities

 

$

13,611

 

$

1,905

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

8,155

 

$

10,894

 

Other current liabilities

 

$

7,606

 

$

6,200