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FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
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Mar. 28, 2020
Fair Value Disclosures [Abstract] |
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis | The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:
| Total Fair Value |  | Fair Value Measurement Using (a)
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3
March 2020 |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 1,211,887 |  |  | $ | 1,211,887 |  |  | $ | — |  |  | $ | — |
Time deposits | 1,932 |  |  | 1,932 |  |  | — |  |  | — |
Derivative financial instruments | 91,834 |  |  | — |  |  | 91,834 |  |  | — |
Investment securities | 105,706 |  |  | 105,706 |  |  | — |  |  | — |
Financial liabilities: |  |  |  |  |  |  |
Derivative financial instruments | 14,531 |  |  | — |  |  | 14,531 |  |  | — |
Deferred compensation | 113,289 |  |  | — |  |  | 113,289 |  |  | — |
| Total Fair Value |  | Fair Value Measurement Using (a)
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3
March 2019 |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 248,560 |  |  | $ | 248,560 |  |  | $ | — |  |  | $ | — |
Time deposits | 8,257 |  |  | 8,257 |  |  | — |  |  | — |
Derivative financial instruments | 92,771 |  |  | — |  |  | 92,771 |  |  | — |
Investment securities | 186,698 |  |  | 176,209 |  |  | 10,489 |  |  | — |
Financial liabilities: |  |  |  |  |  |  |
Derivative financial instruments | 22,337 |  |  | — |  |  | 22,337 |  |  | — |
Deferred compensation | 199,336 |  |  | — |  |  | 199,336 |  |  | — |
The amounts reported in the table above for the prior period have not been segregated between continuing and discontinued operations. The March 2019 balances include $50.8 million of deferred compensation liabilities and associated assets related to the Jeans business, which were transferred in connection with the spin-off. (a) There were no transfers among the levels within the fair value hierarchy during the years ended March 2020 or 2019.

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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