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FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 26, 2014
FINANCIAL INSTRUMENTS  
Summary of aggregate notional amount of the Company's 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

 

2,725,000

 

 

$

444,057

 

$

 

EUR

 

15,273

 

13,728

 

19,518

 

18,148

 

HUF

 

16,348,000

 

 

67,389

 

 

MXN

 

1,889,800

 

 

142,206

 

 

MYR

 

320,000

 

 

98,720

 

 

Other

 

N/A

 

N/A

 

131,629

 

 

 

 

 

 

 

 

903,519

 

18,148

 

Other Forward/Swap Contracts

 

 

 

 

 

 

 

 

 

BRL

 

 

326,000

 

 

136,356

 

CAD

 

137,524

 

134,540

 

125,173

 

122,175

 

CNY

 

4,955,264

 

3,077,814

 

803,676

 

500,000

 

EUR

 

530,989

 

698,030

 

680,254

 

897,235

 

GBP

 

31,850

 

57,585

 

52,081

 

94,205

 

HUF

 

17,297,300

 

20,225,600

 

71,303

 

83,374

 

JPY

 

6,914,690

 

1,354,020

 

63,471

 

12,599

 

MXN

 

1,157,840

 

589,470

 

87,126

 

44,357

 

MYR

 

239,320

 

37,342

 

73,830

 

11,520

 

SEK

 

488,358

 

717,285

 

68,157

 

100,930

 

Other

 

N/A

 

N/A

 

166,590

 

120,356

 

 

 

 

 

 

 

2,191,661

 

2,123,107

 

 

 

 

 

 

 

 

 

 

 

Total Notional Contract Value in USD

 

 

 

 

 

$

3,095,180

 

$

2,141,255

 

 

Schedule of fair value of the derivative instruments utilized for foreign currency risk management purposes

 

 

 

 

Fair Values of Derivative Instruments

 

 

 

Asset Derivatives

 

Liability Derivatives

 

 

 

 

 

Fair Value

 

 

 

Fair Value

 

 

 

Balance Sheet
Location

 

September 26,
2014

 

March 31,
2014

 

Balance Sheet
Location

 

September 26,
2014

 

March 31,
2014

 

 

 

(In thousands)

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

6,135

 

$

3,464

 

Other current liabilities

 

$

8,016

 

$

10,457

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

19,816

 

$

4,722

 

Other current liabilities

 

$

10,896

 

$

6,949