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FAIR VALUE MEASUREMENTS - Schedule of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Jun. 29, 2024 | Mar. 30, 2024 | Jul. 01, 2023
--- | --- | --- | ---
Financial assets: |  |  |
Derivative financial instruments | $ 41,357 | $ 32,548 | $ 32,888
Deferred compensation and other | 94,365 | 95,236 |
Financial liabilities: |  |  |
Derivative financial instruments | 27,578 | 40,234 | $ 82,028
Deferred compensation | 89,570 | 90,804 |
Money market funds |  |  |
Financial assets: |  |  |
Cash equivalents: | 189,722 | 171,931 |
Time deposits |  |  |
Financial assets: |  |  |
Cash equivalents: | 7,897 | 54,853 |
Level 1 |  |  |
Financial assets: |  |  |
Derivative financial instruments | 0 | 0 |
Deferred compensation and other | 94,365 | 95,236 |
Financial liabilities: |  |  |
Derivative financial instruments | 0 | 0 |
Deferred compensation | 0 | 0 |
Level 1 | Money market funds |  |  |
Financial assets: |  |  |
Cash equivalents: | 189,722 | 171,931 |
Level 1 | Time deposits |  |  |
Financial assets: |  |  |
Cash equivalents: | 7,897 | 54,853 |
Level 2 |  |  |
Financial assets: |  |  |
Derivative financial instruments | 41,357 | 32,548 |
Deferred compensation and other | 0 | 0 |
Financial liabilities: |  |  |
Derivative financial instruments | 27,578 | 40,234 |
Deferred compensation | 89,570 | 90,804 |
Level 2 | Money market funds |  |  |
Financial assets: |  |  |
Cash equivalents: | 0 | 0 |
Level 2 | Time deposits |  |  |
Financial assets: |  |  |
Cash equivalents: | 0 | 0 |
Level 3 |  |  |
Financial assets: |  |  |
Derivative financial instruments | 0 | 0 |
Deferred compensation and other | 0 | 0 |
Financial liabilities: |  |  |
Derivative financial instruments | 0 | 0 |
Deferred compensation | 0 | 0 |
Level 3 | Money market funds |  |  |
Financial assets: |  |  |
Cash equivalents: | 0 | 0 |
Level 3 | Time deposits |  |  |
Financial assets: |  |  |
Cash equivalents: | $ 0 | $ 0 |

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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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