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FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 27, 2013
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

 

3,464,000

 

 

$

566,013

 

$

 

EUR

 

8,145

 

22,891

 

11,025

 

30,982

 

HUF

 

12,007,000

 

 

54,311

 

 

ILS

 

30,600

 

 

8,608

 

 

MXN

 

1,736,300

 

 

134,225

 

 

MYR

 

282,700

 

 

87,727

 

 

SGD

 

30,050

 

 

23,984

 

 

Other

 

N/A

 

N/A

 

55,191

 

1,950

 

 

 

 

 

 

 

941,084

 

32,932

 

Other Forward/Swap Contracts

 

 

 

 

 

 

 

 

 

BRL

 

167,200

 

104,600

 

75,237

 

47,068

 

CAD

 

118,959

 

113,424

 

114,642

 

109,519

 

CNY

 

939,109

 

 

153,270

 

 

EUR

 

490,726

 

614,557

 

663,209

 

829,837

 

GBP

 

33,575

 

57,644

 

53,912

 

92,360

 

HUF

 

17,853,300

 

19,870,600

 

80,755

 

89,880

 

JPY

 

8,473,058

 

5,385,861

 

85,901

 

54,676

 

MXN

 

1,403,530

 

967,210

 

108,501

 

74,771

 

MYR

 

190,904

 

45,791

 

59,241

 

14,210

 

SEK

 

427,975

 

677,519

 

66,701

 

105,586

 

SGD

 

24,440

 

4,397

 

19,507

 

3,509

 

Other

 

N/A

 

N/A

 

135,557

 

54,684

 

 

 

 

 

 

 

1,616,433

 

1,476,100

 

 

 

 

 

 

 

 

 

 

 

Total Notional Contract Value in USD

 

 

 

 

 

$

2,557,517

 

$

1,509,032

 

 

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

 

September 27,
2013

 

March 31,
2013

 

Balance Sheet
Location

 

September 27,
2013

 

March 31,
2013

 

 

 

(In thousands)

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

9,877

 

$

11,032

 

Other current liabilities

 

$

3,188

 

$

3,999

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

14,550

 

$

16,531

 

Other current liabilities

 

$

11,475

 

$

11,291