v3.26.1
REVENUE (Tables)
12 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated based on timing of transfer - PIT and OT for the fiscal years ended March 31, 2026, 2025 and 2024:
Fiscal Year Ended March 31,
2026 (1)2025 (1)2024
Timing of Transfer(In millions)
ITS
Point in time$6,984 $8,479 $11,535 
Over time4,125 2,857 1,101 
Total11,109 11,336 12,636 
RMS
Point in time5,867 6,914 9,749 
Over time4,324 2,764 786 
Total10,191 9,678 10,535 
CPI
Point in time6,160 4,688 3,233 
Over time454 111 11 
Total6,614 4,799 3,244 
Flex
Point in time19,011 20,081 24,517 
Over time8,903 5,732 1,898 
Total$27,914 $25,813 $26,415 
(1)Certain existing customer contractual relationships changed to provide an enforceable right to payment for work completed to date that had the effect of transitioning revenue with those customers from being recognized on a point in time to an over time basis, with prospective effect. This change had the effect of increasing contract assets by $206 million and $232 million as of March 31, 2026 and 2025, respectively. Contract assets are generally transferred to receivables in the succeeding quarter due to the short-term nature of the Company’s manufacturing cycle.