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BANK BORROWINGS AND LONG-TERM DEBT (Tables) | 6 Months Ended
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Sep. 26, 2025
Debt Disclosure [Abstract] |
Schedule of Bank Borrowings and Long-term Debt | Bank borrowings and long-term debt as of September 26, 2025 and March 31, 2025 are as follows:
| Maturity Date |  | As of September 26, 2025 |  | As of March 31, 2025
|  |  | (In millions)
4.750% Notes (1) | June 2025 |  | $ | — |  |  | $ | 531 |
3.750% Notes (1) | February 2026 |  | 676 |  |  | 678 |
6.000% Notes (1) | January 2028 |  | 398 |  |  | 398 |
4.875% Notes (1) | June 2029 |  | 655 |  |  | 655 |
4.875% Notes (1) | May 2030 |  | 673 |  |  | 676 |
5.250% Notes (1) | January 2032 |  | 499 |  |  | 499 |
Delayed Draw Term Loan (2) | December 2027 |  | 500 |  |  | — |
3.600% HUF Bonds (3) | December 2031 |  | 300 |  |  | 269 |
Debt issuance costs |  |  | (12) |  |  | (14) |
|  |  | 3,689 |  |  | 3,692 |
Current portion, net of debt issuance costs |  |  | (676) |  |  | (1,209) |
Non-current portion |  |  | $ | 3,013 |  |  | $ | 2,483 |
(1)The notes are carried at the principal amount of each note less any unamortized discount and unamortized debt issuance costs and inclusive of any unamortized premium. The notes are the Company’s senior unsecured obligations and rank equally with all other existing and future senior unsecured debt obligations. (2)In March 2025, the Company entered into a $500 million Delayed Draw Term Loan agreement and drew down the funds in June 2025 at the Secured Overnight Financing Rate ("SOFR") plus 100 basis points. (3)The bonds mature in December 2031 with annual payments equal to 10% of the original principal amount thereof on each of the seventh, eighth, and ninth anniversaries of the bonds, with the remaining 70% due upon maturity.
Schedule of the Company's Repayments of Long-term Debt | Scheduled repayments of the Company's bank borrowings and long-term debt as of September 26, 2025 are as follows:
Fiscal Year Ending March 31, |  | Amount
|  | (In millions)
2026 (1) |  | $ | 676 |
2027 |  | — |
2028 |  | 898 |
2029 |  | 30 |
2030 |  | 685 |
Thereafter |  | 1,412 |
Total |  | $ | 3,701 |
(1)Represents estimated repayments for the remaining fiscal six-month period ending March 31, 2026.

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