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CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 6 Months Ended
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Sep. 28, 2019
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 2019 |  |  | March 2019 |  | September 2018
Shares held for deferred compensation plans |  | — |  |  |  | — |  |  | 169,114 |
Cost of shares held for deferred compensation plans |  | $ | — |  |  |  | $ | — |  |  | $ | 2,561 |
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 2019 |  |  | March 2019 |  | September 2018
Foreign currency translation and other |  | $ | (715,286 | ) |  |  | $ | (725,679 | ) |  | $ | (665,962 | )
Defined benefit pension plans |  | (298,326 | ) |  |  | (243,184 | ) |  | (226,039 | )
Derivative financial instruments |  | 82,887 |  |  |  | 66,788 |  |  | 29,085 |
Accumulated other comprehensive income (loss) |  | $ | (930,725 | ) |  |  | $ | (902,075 | ) |  | $ | (862,916 | )
The changes in accumulated OCI, net of related taxes, were as follows:
| Three Months Ended September 2019 |
(In thousands) | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total |
Balance, June 2019 | $ | (635,901 | ) |  | $ | (290,468 | ) |  | $ | 58,983 |  |  | $ | (867,386 | ) |
Other comprehensive income (loss) before reclassifications | (79,385 | ) |  | (10,896 | ) |  | 44,348 |  |  | (45,933 | ) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 3,038 |  |  | (20,444 | ) |  | (17,406 | ) |
Net other comprehensive income (loss) | (79,385 | ) |  | (7,858 | ) |  | 23,904 |  |  | (63,339 | ) |
Balance, September 2019 | $ | (715,286 | ) |  | $ | (298,326 | ) |  | $ | 82,887 |  |  | $ | (930,725 | ) |
| 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 | )
| Six Months Ended September 2019 |
In thousands | Foreign Currency Translation and Other |  | Defined Benefit Pension Plans |  | Derivative Financial Instruments |  | Total |
Balance, Balance, March 2019 | $ | (725,679 | ) |  | $ | (243,184 | ) |  | $ | 66,788 |  |  | $ | (902,075 | ) |
Adoption of new accounting standard, ASU 2018-02 | (9,088 | ) |  | (50,402 | ) |  | (2,371 | ) |  | (61,861 | ) |
Other comprehensive income (loss) before reclassifications | (63,613 | ) |  | (11,719 | ) |  | 55,248 |  |  | (20,084 | ) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 6,185 |  |  | (28,183 | ) |  | (21,998 | ) |
Spin-off of Jeans Business | 83,094 |  |  | 794 |  |  | (8,595 | ) |  | 75,293 |  |
Net other comprehensive income (loss) | 10,393 |  |  | (55,142 | ) |  | 16,099 |  |  | (28,650 | ) |
Balance, September 2019 | $ | (715,286 | ) |  | $ | (298,326 | ) |  | $ | 82,887 |  |  | $ | (930,725 | ) |
| 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 | )
Reclassifications Out of Accumulated OCI | Reclassifications out of accumulated OCI were 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
|  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018
| Amortization of defined benefit pension plans: |  |  |  |  |  |  |  |  |  |  |  |
| Net deferred actuarial losses | Other income (expense), net |  |  | $ | (4,014 | ) |  |  | $ | (6,655 | ) |  |  | $ | (8,033 | ) |  |  | $ | (15,477 | )
| Deferred prior service (costs) credits | Other income (expense), net |  |  | (12 | ) |  |  | 59 |  |  |  | (25 | ) |  |  | (610 | )
| Pension curtailment losses and settlement charges | Other income (expense), net |  |  | (519 | ) |  |  | (1,342 | ) |  |  | (519 | ) |  |  | (17,667 | )
| Total before tax |  |  |  | (4,545 | ) |  |  | (7,938 | ) |  |  | (8,577 | ) |  |  | (33,754 | )
| Tax benefit |  |  |  | 1,507 |  |  |  | 2,044 |  |  |  | 2,392 |  |  |  | 8,987 |
| Net of tax |  |  |  | (3,038 | ) |  |  | (5,894 | ) |  |  | (6,185 | ) |  |  | (24,767 | )
| Gains (losses) on derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |
| Foreign exchange contracts | Net sales |  |  | (2,814 | ) |  |  | 4,527 |  |  |  | (5,719 | ) |  |  | 5,472 |
| Foreign exchange contracts | Cost of goods sold |  |  | 22,727 |  |  |  | (14,638 | ) |  |  | 33,832 |  |  |  | (26,576 | )
| Foreign exchange contracts | Selling, general and administrative expenses |  |  | 1,382 |  |  |  | (1,522 | ) |  |  | 2,098 |  |  |  | (4,220 | )
| Foreign exchange contracts | Other income (expense), net |  |  | 3,696 |  |  |  | (970 | ) |  |  | 6,568 |  |  |  | (2,363 | )
| Interest rate contracts | Interest expense |  |  | (1,303 | ) |  |  | (1,243 | ) |  |  | (2,596 | ) |  |  | (2,476 | )
| Total before tax |  |  |  | 23,688 |  |  |  | (13,846 | ) |  |  | 34,183 |  |  |  | (30,163 | )
| Tax (expense) benefit |  |  |  | (3,244 | ) |  |  | 90 |  |  |  | (6,000 | ) |  |  | 1,957 |
| Net of tax |  |  |  | 20,444 |  |  |  | (13,756 | ) |  |  | 28,183 |  |  |  | (28,206 | )
| Total reclassifications for the period, net of tax |  |  | $ | 17,406 |  |  |  | $ | (19,650 | ) |  |  | $ | 21,998 |  |  |  | $ | (52,973 | )

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