v3.25.3
CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
 6 Months Ended
Sep. 27, 2025
Equity [Abstract]  
Schedule of Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCL in Stockholders' Equity and Changes in AOCL The deferred components of other comprehensive income (loss) are reported, net of related income taxes, in accumulated other comprehensive loss ("OCL") in stockholders’ equity, as follows:
(In thousands)September 2025March 2025September 2024
Foreign currency translation and other$(770,855)$(821,189)$(869,994)
Defined benefit pension plans(174,008)(180,047)(175,087)
Derivative financial instruments(79,178)23,496 (25,499)
Accumulated other comprehensive loss$(1,024,041)$(977,740)$(1,070,580)
The changes in accumulated OCL, net of related taxes, were as follows:
 Three Months Ended September 2025
(In thousands)Foreign Currency Translation and OtherDefined Benefit Pension PlansDerivative Financial InstrumentsTotal
Balance, June 2025$(763,627)$(176,910)$(96,887)$(1,037,424)
Other comprehensive income (loss) before reclassifications
(7,228)(865)18,179 10,086 
Amounts reclassified from accumulated other comprehensive loss
— 3,767 (470)3,297 
Net other comprehensive income (loss)
(7,228)2,902 17,709 13,383 
Balance, September 2025$(770,855)$(174,008)$(79,178)$(1,024,041)
 Three Months Ended September 2024
(In thousands)Foreign Currency Translation and OtherDefined Benefit Pension PlansDerivative Financial InstrumentsTotal
Balance, June 2024$(887,892)$(178,701)$12,966 $(1,053,627)
Other comprehensive income (loss) before reclassifications
17,898 (26)(47,838)(29,966)
Amounts reclassified from accumulated other comprehensive loss
— 3,640 9,373 13,013 
Net other comprehensive income (loss)
17,898 3,614 (38,465)(16,953)
Balance, September 2024$(869,994)$(175,087)$(25,499)$(1,070,580)
Six Months Ended September 2025
(In thousands)Foreign Currency Translation and OtherDefined Benefit Pension PlansDerivative Financial InstrumentsTotal
Balance, March 2025$(821,189)$(180,047)$23,496 $(977,740)
Other comprehensive income (loss) before reclassifications50,334 (855)(91,133)(41,654)
Amounts reclassified from accumulated other comprehensive loss— 6,894 (11,541)(4,647)
Net other comprehensive income (loss)50,334 6,039 (102,674)(46,301)
Balance, September 2025$(770,855)$(174,008)$(79,178)$(1,024,041)
Six Months Ended September 2024
(In thousands)Foreign Currency Translation and OtherDefined Benefit Pension PlansDerivative Financial InstrumentsTotal
Balance, March 2024$(868,439)$(182,333)$(13,559)$(1,064,331)
Other comprehensive loss before reclassifications(1,555)(36)(32,053)(33,644)
Amounts reclassified from accumulated other comprehensive loss— 7,282 20,113 27,395 
Net other comprehensive income (loss)(1,555)7,246 (11,940)(6,249)
Balance, September 2024$(869,994)$(175,087)$(25,499)$(1,070,580)
Schedule of Reclassifications Out of Accumulated OCL
Reclassifications out of accumulated OCL were as follows:
(In thousands)Three Months Ended SeptemberSix Months Ended September
Details About Accumulated Other Comprehensive Loss ComponentsAffected Line Item in the Consolidated Statements of Operations
2025202420252024
Amortization of defined benefit pension plans:
Net deferred actuarial losses
Other income (expense), net$(4,874)$(5,051)$(9,745)$(10,097)
Deferred prior service credits
Other income (expense), net158 150 311 294 
Pension settlement charge
Other income (expense), net(341)— (341)— 
Pension curtailment gains
Other income (expense), net— — 531 — 
Total before tax
(5,057)(4,901)(9,244)(9,803)
Income tax effect
1,290 1,261 2,350 2,521 
Net of tax
(3,767)(3,640)(6,894)(7,282)
Gains (losses) on derivative financial instruments:
Foreign exchange contracts
Revenues545 (7,851)(1,426)(12,182)
Foreign exchange contracts
Cost of goods sold(863)(4,001)14,171 (14,127)
Foreign exchange contracts
SG&A expenses(250)(47)(511)(455)
Foreign exchange contracts
Other income (expense), net1,074 53 1,550 (3)
Interest rate contracts
Interest expense27 27 54 54 
Interest rate contracts
Loss from discontinued operations, net of tax— 1,134 — 2,299 
Total before tax
533 (10,685)13,838 (24,414)
Income tax effect
(63)1,312 (2,297)4,301 
Net of tax
470 (9,373)11,541 (20,113)
Total reclassifications for the period, net of tax$(3,297)$(13,013)$4,647 $(27,395)