v3.26.1
FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedges, Assets [Abstract]  
Schedule of Aggregate Notional Amount of Outstanding Foreign Currency Forward and Swap Contracts
As of March 31, 2026, the aggregate notional amount of the Company's outstanding foreign currency derivative contracts was $7.5 billion as summarized below:
Notional Contract
Value in USD
CurrencyBuySell
(In millions)
Cash Flow Hedges
MXN$632 $— 
HUF437 — 
CNY336 — 
Other550 8 
1,955 8 
Other Foreign Currency Contracts
CNY886 517 
EUR550 558 
MXN467 348 
Other1,204 1,040 
3,107 2,463 
Total Notional Contract Value in USD$5,062 $2,471 
Schedule of Fair Value of Derivative Instruments
The following table presents the fair value of the Company's derivative instruments utilized for foreign currency risk management purposes at March 31, 2026 and 2025:
Fair Values of Derivative Instruments
Asset DerivativesLiability Derivatives
Fair ValueFair Value
Balance Sheet
Location		March 31,
2026		March 31,
2025		Balance Sheet
Location		March 31,
2026		March 31,
2025
(In millions)
Derivatives designated as hedging instruments
Foreign currency contractsOther current assets$39 $13 Other current liabilities$(18)$(18)
Foreign currency contractsOther non-current assets— — Other non-current liabilities(29)(46)
Derivatives not designated as hedging instruments
Foreign currency contractsOther current assets$15 $21 Other current liabilities$(27)$(15)