FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Jul. 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 1		Level 2		Level 3
June 2023
Financial assets:
Cash equivalents:
Money market funds	$	118,530	$	118,530	$	—	$	—
Time deposits	30,083		30,083		—		—
Derivative financial instruments	32,888		—		32,888		—
Deferred compensation	101,041		101,041		—		—
Financial liabilities:
Derivative financial instruments	82,028		—		82,028		—
Deferred compensation	97,507		—		97,507		—
	Total Fair Value		Fair Value Measurement Using (a)
(In thousands)			Level 1		Level 2		Level 3
March 2023
Financial assets:
Cash equivalents:
Money market funds	$	418,304	$	418,304	$	—	$	—
Time deposits	21,233		21,233		—		—
Derivative financial instruments	49,688		—		49,688		—
Deferred compensation	99,200		99,200		—		—
Financial liabilities:
Derivative financial instruments	72,653		—		72,653		—
Deferred compensation	96,364		—		96,364		—

(a)There were no transfers among the levels within the fair value hierarchy during the three months ended June 2023 or the year ended March 2023.