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FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 28, 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

 

2,904,030

 

 

$

460,789

 

$

 

EUR

 

20,599

 

9,729

 

26,479

 

12,420

 

HUF

 

13,818,000

 

 

62,350

 

 

ILS

 

153,600

 

 

39,089

 

 

MXN

 

1,499,900

 

 

116,774

 

 

MYR

 

386,600

 

 

125,662

 

 

SGD

 

46,700

 

 

38,026

 

 

Other

 

N/A

 

N/A

 

63,918

 

500

 

 

 

 

 

 

 

933,087

 

12,920

 

Other Forward/Swap Contracts

 

 

 

 

 

 

 

 

 

BRL

 

34,900

 

54,200

 

17,140

 

26,618

 

CAD

 

34,417

 

44,470

 

35,095

 

45,449

 

CNY

 

932,472

 

931,248

 

148,000

 

148,000

 

EUR

 

388,999

 

198,361

 

500,165

 

254,416

 

GBP

 

14,536

 

34,690

 

23,443

 

56,187

 

HUF

 

5,394,500

 

5,502,300

 

24,341

 

24,828

 

JPY

 

6,412,466

 

3,371,577

 

82,528

 

43,192

 

MXN

 

701,555

 

216,920

 

54,619

 

16,888

 

MYR

 

187,020

 

40,250

 

60,790

 

13,083

 

SEK

 

2,371,420

 

756,283

 

360,346

 

114,776

 

SGD

 

31,163

 

4,385

 

25,375

 

3,571

 

Other

 

N/A

 

N/A

 

111,576

 

35,227

 

 

 

 

 

 

 

1,443,418

 

782,235

 

 

 

 

 

 

 

 

 

 

 

Total Notional Contract Value in USD

 

 

 

 

 

$

2,376,505

 

$

795,155

 

 

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

 

September 28,

 

March 31,

 

Balance Sheet

 

September 28,

 

March 31,

 

 

 

Location

 

2012

 

2012

 

Location

 

2012

 

2012

 

 

 

(In thousands)

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

16,631

 

$

10,075

 

Other current liabilities

 

$

1,563

 

$

1,905

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

7,711

 

$

10,894

 

Other current liabilities

 

$

5,367

 

$

6,200