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FAIR VALUE MEASUREMENTS - Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Mar. 28, 2020 | Mar. 30, 2019
--- | --- | ---
Cash equivalents: |  |
Cash equivalents, money market funds | $ 1,211,887 | $ 248,560
Cash equivalents, time deposits | 1,932 | 8,257
Derivative financial instruments | 91,834 | 92,771
Investment securities | 105,706 | 186,698
Financial liabilities: |  |
Derivative financial instruments | 14,531 | 22,337
Deferred compensation | 113,289 | 199,336
Level 1 |  |
Cash equivalents: |  |
Cash equivalents, money market funds | 1,211,887 | 248,560
Cash equivalents, time deposits | 1,932 | 8,257
Derivative financial instruments | 0 | 0
Investment securities | 105,706 | 176,209
Financial liabilities: |  |
Derivative financial instruments | 0 | 0
Deferred compensation | 0 | 0
Level 2 |  |
Cash equivalents: |  |
Cash equivalents, money market funds | 0 | 0
Cash equivalents, time deposits | 0 | 0
Derivative financial instruments | 91,834 | 92,771
Investment securities | 0 | 10,489
Financial liabilities: |  |
Derivative financial instruments | 14,531 | 22,337
Deferred compensation | 113,289 | 199,336
Level 3 |  |
Cash equivalents: |  |
Cash equivalents, money market funds | 0 | 0
Cash equivalents, time deposits | 0 | 0
Derivative financial instruments | 0 | 0
Investment securities | 0 | 0
Financial liabilities: |  |
Derivative financial instruments | 0 | 0
Deferred compensation | $ 0 | 0
Spinoff |  |
Financial liabilities: |  |
Liabilities fair value |  | $ 50,800

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- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. Cash equivalents - money market funds, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. + References No definition available. + Details
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