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RECENTLY ADOPTED AND ISSUED ACCOUNTING STANDARDS (Tables) | 3 Months Ended
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Jun. 30, 2018
Accounting Changes and Error Corrections [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] | The following tables compare amounts reported in accordance with the requirements of ASC 606 to the amounts that would have been reported had the new standard not been applied:
Condensed Consolidated Balance Sheet |  |  |  |  |
| June 2018
(In thousands) | As Reported |  | Impact of Adoption |  | Balances without Adoption of ASC 606
ASSETS |  |  |  |  |
Cash and equivalents | $ | 467,917 |  |  | $ | — |  |  | $ | 467,917 |
Accounts receivable, net | 1,428,535 |  |  | (179,981 | ) |  | 1,248,554 |
Inventories | 1,993,825 |  |  | 54,368 |  |  | 2,048,193 |
Other current assets | 439,870 |  |  | (49,400 | ) |  | 390,470 |
Total current assets | 4,330,147 |  |  | (175,013 | ) |  | 4,155,134 |
Property, plant and equipment, net | 1,018,164 |  |  | — |  |  | 1,018,164 |
Goodwill and intangible assets, net | 4,000,438 |  |  | — |  |  | 4,000,438 |
Other assets | 843,005 |  |  | 381 |  |  | 843,386 |
TOTAL ASSETS | $ | 10,191,754 |  |  | $ | (174,632 | ) |  | $ | 10,017,122 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |
Short-term borrowings and current portion of long-term debt | $ | 1,323,112 |  |  | $ | — |  |  | $ | 1,323,112 |
Accounts payable | 675,581 |  |  | — |  |  | 675,581 |
Accrued liabilities | 996,863 |  |  | (167,292 | ) |  | 829,571 |
Total current liabilities | 2,995,556 |  |  | (167,292 | ) |  | 2,828,264 |
Long-term debt | 2,156,627 |  |  | — |  |  | 2,156,627 |
Other liabilities | 1,308,455 |  |  | (1,545 | ) |  | 1,306,910 |
Total liabilities | 6,460,638 |  |  | (168,837 | ) |  | 6,291,801 |
Total stockholders' equity | 3,731,116 |  |  | (5,795 | ) |  | 3,725,321 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 10,191,754 |  |  | $ | (174,632 | ) |  | $ | 10,017,122 |
Condensed Consolidated Statement of Income |  |  |  |  |
| Three Months Ended June 2018
(In thousands) | As Reported |  | Impact of Adoption |  | Balances without Adoption of ASC 606
Net revenues | $ | 2,788,146 |  |  | $ | (9,695 | ) |  | $ | 2,778,451 |
Cost of goods sold | 1,384,977 |  |  | (12,806 | ) |  | 1,372,171 |
Selling, general and administrative expenses | 1,172,287 |  |  | 3,576 |  |  | 1,175,863 |
Total costs and operating expenses | 2,557,264 |  |  | (9,230 | ) |  | 2,548,034 |
Operating income | 230,882 |  |  | (465 | ) |  | 230,417 |
Interest income (expense) and other income (expense), net | (44,550 | ) |  | — |  |  | (44,550 | )
Income from continuing operations before income taxes | 186,332 |  |  | (465 | ) |  | 185,867 |
Income taxes | 26,379 |  |  | (82 | ) |  | 26,297 |
Income from continuing operations | 159,953 |  |  | (383 | ) |  | 159,570 |
Income (loss) from discontinued operations, net of tax | 405 |  |  | (3,456 | ) |  | (3,051 | )
Net income | $ | 160,358 |  |  | $ | (3,839 | ) |  | $ | 156,519 |
Condensed Consolidated Statement of Cash Flows - Operating Activities
| Three Months Ended June 2018
(In thousands) | As Reported |  | Impact of Adoption |  | Activities without Adoption of ASC 606
OPERATING ACTIVITIES |  |  |  |  |
Net income | $ | 160,358 |  |  | $ | (3,839 | ) |  | $ | 156,519 |
Adjustments to reconcile net income to cash provided by operating activities: |  |  |  |  |
Depreciation and amortization | 71,130 |  |  | 144 |  |  | 71,274 |
Other adjustments, net | 37,640 |  |  | 3,456 |  |  | 41,096 |
Changes in operating assets and liabilities: |  |  |  |  |
Accounts receivable | (25,482 | ) |  | 169,972 |  |  | 144,490 |
Inventories | (140,751 | ) |  | (48,565 | ) |  | (189,316 | )
Accounts payable | 87,126 |  |  | — |  |  | 87,126 |
Income taxes | (78,688 | ) |  | (82 | ) |  | (78,770 | )
Accrued liabilities | 166,543 |  |  | (166,013 | ) |  | 530 |
Other assets and liabilities | (732 | ) |  | 44,927 |  |  | 44,195 |
Cash provided by operating activities | $ | 277,144 |  |  | $ | — |  |  | $ | 277,144 |
There was no impact to investing or financing activities within the Consolidated Statement of Cash Flows as a result of the adoption of ASC 606.

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