FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Jun. 29, 2024

Schedule 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 2024
Financial assets:
Cash equivalents:
Money market funds	$	189,722	$	189,722	$	—	$	—
Time deposits	7,897		7,897		—		—

Derivative financial instruments	41,357		—		41,357		—
Deferred compensation and other	94,365		94,365		—		—
Financial liabilities:
Derivative financial instruments	27,578		—		27,578		—
Deferred compensation	89,570		—		89,570		—


	Total Fair Value		Fair Value Measurement Using (a)
(In thousands)			Level 1		Level 2		Level 3
March 2024
Financial assets:
Cash equivalents:
Money market funds	$	171,931	$	171,931	$	—	$	—
Time deposits	54,853		54,853		—		—

Derivative financial instruments	32,548		—		32,548		—
Deferred compensation and other	95,236		95,236		—		—
Financial liabilities:
Derivative financial instruments	40,234		—		40,234		—
Deferred compensation	90,804		—		90,804		—

(a)There were no transfers among the levels within the fair value hierarchy during the three months ended June 2024 or the year ended March 2024.