v3.26.1
LEASES (Tables)
 12 Months Ended
Mar. 28, 2026
Leases [Abstract]  
Schedule of Assets and Liabilities Related to Operating and Finance Leases
The assets and liabilities related to operating and finance leases were as follows:
(In thousands)Location in Consolidated Balance SheetMarch 2026March 2025
Assets:
Operating lease assetsOperating lease right-of-use assets$1,320,733 $1,262,319 
Finance lease assetsProperty, plant and equipment, net— 10,584 
Total lease assets$1,320,733 $1,272,903 
Liabilities:
Current
Operating lease liabilitiesCurrent portion of operating lease liabilities$333,469 $308,741 
Finance lease liabilitiesCurrent portion of long-term debt— 1,011 
Noncurrent
Operating lease liabilitiesLong-term portion of operating lease liabilities1,119,876 1,079,182 
Finance lease liabilitiesLong-term debt— 14,039 
Total lease liabilities$1,453,345 $1,402,973 
Schedule of Components of Lease Costs
The components of lease costs were as follows:
Year Ended March
(In thousands)202620252024
Operating lease cost$411,339 $403,734 $410,427 
Finance lease cost – amortization of right-of-use assets370 917 917 
Finance lease cost – interest on lease liabilities233 428 457 
Short-term lease cost21,868 19,014 25,227 
Variable lease cost127,077 135,721 132,453 
Impairment5,095 — 12,958 
Gain recognized from sale-leaseback transaction— (17,434)— 
Total lease cost$565,982 $542,380 $582,439 
Supplemental cash flow information related to leases was as follows:

Year Ended March
(In thousands)202620252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows – operating leases$420,411 $420,156 $424,646 
Operating cash flows – finance leases233 428 457 
Financing cash flows – finance leases663 1,109 1,079 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases393,824 374,707 337,980 
Lease terms and discount rates were as follows:
March 2026March 2025March 2024
Weighted average remaining lease term:
Operating leases6.25 years6.01 years6.20 years
Finance leasesN/A11.51 years12.51 years
Weighted average discount rate:
Operating leases4.22 %3.72 %3.34 %
Finance leasesN/A2.71 %2.71 %
Schedule of Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities for the next five fiscal years and thereafter as of March 2026 were as follows:
(In thousands)Operating Leases
2027$385,808 
2028317,664 
2029229,933 
2030178,417 
2031136,392 
Thereafter407,194 
Total lease payments1,655,408 
Less: present value adjustment202,063 
Present value of lease liabilities$1,453,345 
Schedule of Maturities of Financing Lease Liabilities
Maturities of operating lease liabilities for the next five fiscal years and thereafter as of March 2026 were as follows:
(In thousands)Operating Leases
2027$385,808 
2028317,664 
2029229,933 
2030178,417 
2031136,392 
Thereafter407,194 
Total lease payments1,655,408 
Less: present value adjustment202,063 
Present value of lease liabilities$1,453,345