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REVENUE
 6 Months Ended
Sep. 27, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE 
Contract Balances
A contract asset is recognized when the Company has recognized revenue, but not issued an invoice for payment. Contract assets are classified separately on the condensed consolidated balance sheets and transferred to receivables when rights to payment become unconditional and invoiced.
A contract liability is recognized when the Company receives payments in advance of the satisfaction of performance. Contract liabilities, identified as deferred revenue, were $372 million and $490 million as of September 27, 2024 and March 31, 2024, respectively, of which $334 million and $449 million, respectively, is included in deferred revenue and customer working capital advances under current liabilities.
Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated based on timing of transfer, point in time or over time, for the three and six-month periods ended September 27, 2024 and September 29, 2023, respectively.
Three-Month Periods EndedSix-Month Periods Ended
September 27, 2024September 29, 2023September 27, 2024September 29, 2023
Timing of Transfer(In millions)
FAS
Point in time$2,924 $3,280 $5,797 $6,716 
Over time682 338 1,174 503 
Total 3,606 3,618 6,971 7,219 
FRS
Point in time2,237 3,145 4,870 6,277 
Over time702 170 1,018 329 
Total 2,939 3,315 5,888 6,606 
Flex
Point in time5,161 6,425 10,667 12,993 
Over time1,384 508 2,192 832 
Total $6,545 $6,933 $12,859 $13,825