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FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)

6 Months Ended

Sep. 26, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of September 26, 2025 and March 31, 2025: 

			Fair Value Measurements as of September 26, 2025
			Level 1						Level 2						Level 3						Total
			(In millions)
Assets:
Money market funds and time deposits (included in cash and cash equivalents of the condensed consolidated balance sheet)			$	—					$	1,383					$	—					$	1,383
Foreign currency contracts (Note 8)			—						65						—						65
Deferred compensation plan assets:																					0
Mutual funds, money market accounts and equity securities			35						14						—						49
Liabilities:
Foreign currency contracts (Note 8)			$	—					$	(30)					$	—					$	(30)
Contingent consideration in connection with business acquisitions			—						—						(2)						(2)
			Fair Value Measurements as of March 31, 2025
			Level 1						Level 2						Level 3						Total
			(In millions)
Assets:
Money market funds and time deposits (included in cash and cash equivalents of the condensed consolidated balance sheet)			$	—					$	1,535					$	—					$	1,535
Foreign currency contracts (Note 8)			—						34						—						34
Deferred compensation plan assets:																					0
Mutual funds, money market accounts and equity securities			—						43						—						43
Liabilities:																					0
Foreign currency contracts (Note 8)			$	—					$	(79)					$	—					$	(79)
Contingent consideration in connection with business acquisitions			—						—						(5)						(5)

Schedule of Debt Not Carried at Fair Value

The following table presents the Company’s major debts not carried at fair value as of September 26, 2025 and March 31, 2025:  

			As of September 26, 2025												As of March 31, 2025
			Carrying Amount						Fair Value						Carrying Amount						Fair Value						Fair Value Hierarchy
			(In millions)
4.750% Notes due June 2025			$	—					$	—					$	531					$	531					Level 1
3.750% Notes due February 2026			676						674						678						672						Level 1
6.000% Notes due January 2028			398						411						398						409						Level 1
4.875% Notes due June 2029			655						662						655						651						Level 1
4.875% Notes due May 2030			673						679						676						669						Level 1
5.250% Notes due January 2032			499						511						499						497						Level 1
Delayed Draw Term Loan due December 2027			500						500						—						—						Level 1
3.600% HUF Bonds due December 2031			300						240						269						215						Level 2

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- References

No definition available.

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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