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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Apr. 01, 2023
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
March 2023
Financial assets:
Cash equivalents:
Money market funds$418,304 $418,304 $— $— 
Time deposits21,233 21,233 — — 
Derivative financial instruments49,688 — 49,688 — 
Deferred compensation99,200 99,200 — — 
Financial liabilities:
Derivative financial instruments72,653 — 72,653 — 
Deferred compensation96,364 — 96,364 — 
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 years ended March 2023 or 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:
Year Ended March
(In thousands)20232022
Beginning Balance$56,976 $207,000 
Change in fair value— (150,024)
Cash payout(56,976)— 
Ending Balance$ $56,976