FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Jun. 26, 2015

As of June 26, 2015, the aggregate notional amount of the Company’s outstanding foreign currency contracts was $5.2 billion as summarized below:



	Foreign Currency Amount		Notional Contract Value in USD
Currency	Buy	Sell	Buy		Sell
	(In thousands)
Cash Flow Hedges
CNY	2,449,000	—	$	394,542	$	—
HUF	14,186,000	—	51,001		—
ILS	112,700	—	30,024		—
MXN	1,560,700	—	101,021		—
MYR	220,000	—	58,640		—
Other	N/A	N/A	53,595		6,704
			688,823		6,704
Other Foreign Currency Contracts
BRL	—	581,000	—		188,020
CAD	63,479	56,866	50,900		45,685
CHF	7,709	36,309	8,234		38,829
CNY	540,765	—	86,937		—
DKK	196,400	155,700	29,448		23,346
EUR	1,514,440	1,353,824	1,692,028		1,513,387
GBP	29,331	56,807	46,063		89,114
HUF	13,076,000	14,330,000	47,011		51,519
ILS	84,400	53,600	22,484		14,279
JPY	3,935,864	2,966,700	31,855		24,060
MXN	1,326,660	506,980	85,872		32,816
MYR	278,081	22,750	74,121		6,064
SEK	444,196	801,591	53,694		96,277
SGD	34,644	5,774	25,754		4,292
Other	N/A	N/A	70,483		36,708
			2,324,884		2,164,396

Total Notional Contract Value in USD			$	3,013,707	$	2,171,100

The following table presents the fair value of the Company’s 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	June 26, 2015		March 31, 2015		Balance Sheet Location	June 26, 2015		March 31, 2015
	(In thousands)
Derivatives designated as hedging instruments
Foreign currency contracts	Other current assets	$	4,498	$	2,896	Other current liabilities	$	6,160	$	19,729

Derivatives not designated as hedging instruments
Foreign currency contracts	Other current assets	$	16,369	$	22,933	Other current liabilities	$	21,606	$	11,328