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CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 9 Months Ended
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Dec. 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) |  | December 2018 |  |  | March 2018 |  | December 2017
Shares held for deferred compensation plans |  | 147,464 |  |  |  | 284,785 |  |  | 317,515 |
Cost of shares held for deferred compensation plans |  | $ | 2,126 |  |  |  | $ | 3,621 |  |  | $ | 3,901 |
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) |  | December 2018 |  |  | March 2018 |  | December 2017
Foreign currency translation and other |  | $ | (737,127 | ) |  |  | $ | (476,869 | ) |  | $ | (546,201 | )
Defined benefit pension plans |  | (219,644 | ) |  |  | (289,618 | ) |  | (291,949 | )
Derivative financial instruments |  | 70,206 |  |  |  | (97,543 | ) |  | (87,990 | )
Accumulated other comprehensive income (loss) |  | $ | (886,565 | ) |  |  | $ | (864,030 | ) |  | $ | (926,140 | )
The changes in accumulated OCI, net of related taxes, were as follows:
| Three Months Ended December 2018 |
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total |
Balance, September 2018 | $ | (665,962 | ) |  | $ | (226,039 | ) |  | $ | 29,085 |  |  | $ | (862,916 | ) |
Other comprehensive income (loss) before reclassifications | (71,165 | ) |  | 1,065 |  |  | 36,619 |  |  | (33,481 | ) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 5,330 |  |  | 4,502 |  |  | 9,832 |  |
Net other comprehensive income (loss) | (71,165 | ) |  | 6,395 |  |  | 41,121 |  |  | (23,649 | ) |
Balance, December 2018 | $ | (737,127 | ) |  | $ | (219,644 | ) |  | $ | 70,206 |  |  | $ | (886,565 | ) |
| Three Months Ended December 2017 |
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total |
Balance, September 2017 | $ | (567,964 | ) |  | $ | (268,159 | ) |  | $ | (78,773 | ) |  | $ | (914,896 | ) |
Other comprehensive income (loss) before reclassifications | 21,763 |  |  | (30,223 | ) |  | (15,244 | ) |  | (23,704 | ) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 6,433 |  |  | 6,027 |  |  | 12,460 |  |
Net other comprehensive income (loss) | 21,763 |  |  | (23,790 | ) |  | (9,217 | ) |  | (11,244 | ) |
Balance, December 2017 | $ | (546,201 | ) |  | $ | (291,949 | ) |  | $ | (87,990 | ) |  | $ | (926,140 | ) |
| Nine Months Ended December 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 | (260,258 | ) |  | 39,877 |  |  | 135,041 |  |  | (85,340 | ) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 30,097 |  |  | 32,708 |  |  | 62,805 |  |
Net other comprehensive income (loss) | (260,258 | ) |  | 69,974 |  |  | 167,749 |  |  | (22,535 | ) |
Balance, December 2018 | $ | (737,127 | ) |  | $ | (219,644 | ) |  | $ | 70,206 |  |  | $ | (886,565 | ) |
| Nine Months Ended December 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 | 196,080 |  |  | (30,223 | ) |  | (115,546 | ) |  | 50,311 |  |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 19,995 |  |  | (8,406 | ) |  | 11,589 |  |
Net other comprehensive income (loss) | 196,080 |  |  | (10,228 | ) |  | (123,952 | ) |  | 61,900 |  |
Balance, December 2017 | $ | (546,201 | ) |  | $ | (291,949 | ) |  | $ | (87,990 | ) |  | $ | (926,140 | ) |
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 December |  |  | Nine Months Ended December
|  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017
| Amortization of defined benefit pension plans: |  |  |  |  |  |  |  |  |  |  |  |
| Net deferred actuarial losses | Other income (expense), net |  |  | $ | (6,676 | ) |  |  | $ | (10,026 | ) |  |  | $ | (22,153 | ) |  |  | $ | (30,058 | )
| Deferred prior service (costs) credits | Other income (expense), net |  |  | 58 |  |  |  | (646 | ) |  |  | (552 | ) |  |  | (1,934 | )
| Pension curtailment losses and settlement charges | Other income (expense), net |  |  | (662 | ) |  |  | (566 | ) |  |  | (18,329 | ) |  |  | (566 | )
| Total before tax |  |  |  | (7,280 | ) |  |  | (11,238 | ) |  |  | (41,034 | ) |  |  | (32,558 | )
| Tax benefit |  |  |  | 1,950 |  |  |  | 4,805 |  |  |  | 10,937 |  |  |  | 12,563 |
| Net of tax |  |  |  | (5,330 | ) |  |  | (6,433 | ) |  |  | (30,097 | ) |  |  | (19,995 | )
| Gains (losses) on derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |
| Foreign exchange contracts | Net sales |  |  | 772 |  |  |  | 8,567 |  |  |  | 6,244 |  |  |  | 27,228 |
| Foreign exchange contracts | Cost of goods sold |  |  | (4,570 | ) |  |  | (12,153 | ) |  |  | (31,146 | ) |  |  | (10,664 | )
| Foreign exchange contracts | Selling, general and administrative expenses |  |  | (1,020 | ) |  |  | (2,398 | ) |  |  | (5,240 | ) |  |  | (3,523 | )
| Foreign exchange contracts | Other income (expense), net |  |  | 690 |  |  |  | (1,163 | ) |  |  | (1,673 | ) |  |  | (1,900 | )
| Interest rate contracts | Interest expense |  |  | (1,263 | ) |  |  | (1,205 | ) |  |  | (3,739 | ) |  |  | (3,565 | )
| Total before tax |  |  |  | (5,391 | ) |  |  | (8,352 | ) |  |  | (35,554 | ) |  |  | 7,576 |
| Tax benefit |  |  |  | 889 |  |  |  | 2,325 |  |  |  | 2,846 |  |  |  | 830 |
| Net of tax |  |  |  | (4,502 | ) |  |  | (6,027 | ) |  |  | (32,708 | ) |  |  | 8,406 |
| Total reclassifications for the period, net of tax |  |  | $ | (9,832 | ) |  |  | $ | (12,460 | ) |  |  | $ | (62,805 | ) |  |  | $ | (11,589 | )

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