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FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Oct. 01, 2022
Fair Value Disclosures [Abstract]  
Schedule of 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 1Level 2Level 3
September 2022
Financial assets:
Cash equivalents:
Money market funds$34,798 $34,798 $— $— 
Time deposits62,651 62,651 — — 
Derivative financial instruments215,264 — 215,264 — 
Deferred compensation99,209 99,209 — — 
Financial liabilities:
Derivative financial instruments32,921 — 32,921 — 
Deferred compensation99,513 — 99,513 — 
Total Fair Value
Fair Value Measurement Using (a)
(In thousands)Level 1Level 2Level 3
March 2022
Financial assets:
Cash equivalents:
Money market funds$324,868 $324,868 $— $— 
Time deposits1,100 1,100 — — 
Derivative financial instruments79,046 — 79,046 — 
Deferred compensation125,323 125,323 — — 
Financial liabilities:
Derivative financial instruments27,723 — 27,723 — 
Deferred compensation129,078 — 129,078 — 
Contingent consideration56,976 — — 56,976 
(a)There were no transfers among the levels within the fair value hierarchy during the six months ended September 2022 or the year ended March 2022.
Schedule of Contingent Consideration Liability Designated as Level 3
The following table presents the activity related to the contingent consideration liability designated as Level 3:
Three Months Ended SeptemberSix Months Ended September
(In thousands)2022202120222021
Beginning Balance$— $134,000 $56,976 $207,000 
Change in fair value— (35,000)— (108,000)
Cash payout— — (56,976)— 
Ending Balance$— $99,000 $— $99,000