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CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 6 Months Ended
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Sep. 29, 2018
Equity [Abstract] |
Shares Held for Deferred Compensation Plans | Balances related to shares held for deferred compensation plans were as follows:
(In thousands, except share amounts) |  | September 2018 |  |  | March 2018 |  | September 2017
Shares held for deferred compensation plans |  | 169,114 |  |  |  | 284,785 |  |  | 320,615 |
Cost of shares held for deferred compensation plans |  | $ | 2,561 |  |  |  | $ | 3,621 |  |  | $ | 3,973 |
Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCI in Stockholders' Equity and Changes in Accumulated OCI | The deferred components of OCI are reported, net of related income taxes, in accumulated OCI in stockholders’ equity, as follows:
(In thousands) |  | September 2018 |  |  | March 2018 |  | September 2017
Foreign currency translation and other |  | $ | (665,962 | ) |  |  | $ | (476,869 | ) |  | $ | (567,964 | )
Defined benefit pension plans |  | (226,039 | ) |  |  | (289,618 | ) |  | (268,159 | )
Derivative financial instruments |  | 29,085 |  |  |  | (97,543 | ) |  | (78,773 | )
Accumulated other comprehensive income (loss) |  | $ | (862,916 | ) |  |  | $ | (864,030 | ) |  | $ | (914,896 | )
The changes in accumulated OCI, net of related taxes, are as follows:
| Three Months Ended September 2018
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total
Balance, June 2018 | $ | (651,739 | ) |  | $ | (230,517 | ) |  | $ | 178 |  |  | $ | (882,078 | )
Other comprehensive income (loss) before reclassifications | (14,223 | ) |  | (1,416 | ) |  | 15,151 |  |  | (488 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 5,894 |  |  | 13,756 |  |  | 19,650 |
Net other comprehensive income (loss) | (14,223 | ) |  | 4,478 |  |  | 28,907 |  |  | 19,162 |
Balance, September 2018 | $ | (665,962 | ) |  | $ | (226,039 | ) |  | $ | 29,085 |  |  | $ | (862,916 | )
| Three Months Ended September 2017
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total
Balance, June 2017 | $ | (633,209 | ) |  | $ | (275,089 | ) |  | $ | (22,299 | ) |  | $ | (930,597 | )
Other comprehensive income (loss) before reclassifications | 65,245 |  |  | — |  |  | (51,826 | ) |  | 13,419 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 6,930 |  |  | (4,648 | ) |  | 2,282 |
Net other comprehensive income (loss) | 65,245 |  |  | 6,930 |  |  | (56,474 | ) |  | 15,701 |
Balance, September 2017 | $ | (567,964 | ) |  | $ | (268,159 | ) |  | $ | (78,773 | ) |  | $ | (914,896 | )
| Six Months Ended September 2018
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total
Balance, March 2018 | $ | (476,869 | ) |  | $ | (289,618 | ) |  | $ | (97,543 | ) |  | $ | (864,030 | )
Other comprehensive income (loss) before reclassifications | (189,093 | ) |  | 38,812 |  |  | 98,422 |  |  | (51,859 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 24,767 |  |  | 28,206 |  |  | 52,973 |
Net other comprehensive income (loss) | (189,093 | ) |  | 63,579 |  |  | 126,628 |  |  | 1,114 |
Balance, September 2018 | $ | (665,962 | ) |  | $ | (226,039 | ) |  | $ | 29,085 |  |  | $ | (862,916 | )
| Six Months Ended September 2017
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total
Balance, March 2017 | $ | (742,281 | ) |  | $ | (281,721 | ) |  | $ | 35,962 |  |  | $ | (988,040 | )
Other comprehensive income (loss) before reclassifications | 174,317 |  |  | — |  |  | (100,302 | ) |  | 74,015 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 13,562 |  |  | (14,433 | ) |  | (871 | )
Net other comprehensive income (loss) | 174,317 |  |  | 13,562 |  |  | (114,735 | ) |  | 73,144 |
Balance, September 2017 | $ | (567,964 | ) |  | $ | (268,159 | ) |  | $ | (78,773 | ) |  | $ | (914,896 | )
Reclassifications Out of Accumulated OCI | Reclassifications out of accumulated OCI are as follows:
| (In thousands) Details About Accumulated Other Comprehensive Income (Loss) Components | Affected Line Item in the Consolidated Statements of Income |  |  | Three Months Ended September |  |  | Six Months Ended September
|  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017
| Amortization of defined benefit pension plans: |  |  |  |  |  |  |  |  |  |  |  |
| Net deferred actuarial losses | Other income (expense), net |  |  | $ | (6,655 | ) |  |  | $ | (10,030 | ) |  |  | $ | (15,477 | ) |  |  | $ | (20,032 | )
| Deferred prior service (costs) credits | Other income (expense), net |  |  | 59 |  |  |  | (643 | ) |  |  | (610 | ) |  |  | (1,288 | )
| Pension curtailment losses and settlement charges | Other income (expense), net |  |  | (1,342 | ) |  |  | — |  |  |  | (17,667 | ) |  |  | — |
| Total before tax |  |  |  | (7,938 | ) |  |  | (10,673 | ) |  |  | (33,754 | ) |  |  | (21,320 | )
| Tax benefit |  |  |  | 2,044 |  |  |  | 3,743 |  |  |  | 8,987 |  |  |  | 7,758 |
| Net of tax |  |  |  | (5,894 | ) |  |  | (6,930 | ) |  |  | (24,767 | ) |  |  | (13,562 | )
| Gains (losses) on derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |
| Foreign exchange contracts | Net sales |  |  | 4,527 |  |  |  | 11,614 |  |  |  | 5,472 |  |  |  | 18,661 |
| Foreign exchange contracts | Cost of goods sold |  |  | (14,638 | ) |  |  | (4,164 | ) |  |  | (26,576 | ) |  |  | 1,489 |
| Foreign exchange contracts | Selling, general and administrative expenses |  |  | (1,522 | ) |  |  | (882 | ) |  |  | (4,220 | ) |  |  | (1,125 | )
| Foreign exchange contracts | Other income (expense), net |  |  | (970 | ) |  |  | (774 | ) |  |  | (2,363 | ) |  |  | (737 | )
| Interest rate contracts | Interest expense |  |  | (1,243 | ) |  |  | (1,185 | ) |  |  | (2,476 | ) |  |  | (2,360 | )
| Total before tax |  |  |  | (13,846 | ) |  |  | 4,609 |  |  |  | (30,163 | ) |  |  | 15,928 |
| Tax benefit (expense) |  |  |  | 90 |  |  |  | 39 |  |  |  | 1,957 |  |  |  | (1,495 | )
| Net of tax |  |  |  | (13,756 | ) |  |  | 4,648 |  |  |  | (28,206 | ) |  |  | 14,433 |
| Total reclassifications for the period, net of tax |  |  | $ | (19,650 | ) |  |  | $ | (2,282 | ) |  |  | $ | (52,973 | ) |  |  | $ | 871 |

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