v3.26.1
CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
 3 Months Ended
Jun. 27, 2026
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)June 2026March 2026June 2025
Foreign currency translation and other$(762,117)$(767,111)$(763,627)
Defined benefit pension plans(11,017)(11,126)(176,910)
Derivative financial instruments(4,381)(28,814)(96,887)
Accumulated other comprehensive loss$(777,515)$(807,051)$(1,037,424)
The changes in accumulated OCL, net of related taxes, were as follows:
 Three Months Ended June 2026
(In thousands)Foreign Currency Translation and OtherDefined Benefit Pension PlansDerivative Financial InstrumentsTotal
Balance, March 2026$(767,111)$(11,126)$(28,814)$(807,051)
Other comprehensive income (loss) before reclassifications
4,994 (3)9,798 14,789 
Amounts reclassified from accumulated other comprehensive loss
— 112 14,635 14,747 
Net other comprehensive income
4,994 109 24,433 29,536 
Balance, June 2026$(762,117)$(11,017)$(4,381)$(777,515)
 Three Months Ended June 2025
(In thousands)Foreign Currency Translation and OtherDefined Benefit Pension PlansDerivative Financial InstrumentsTotal
Balance, March 2025$(821,189)$(180,047)$23,496 $(977,740)
Other comprehensive income (loss) before reclassifications
57,562 10 (109,312)(51,740)
Amounts reclassified from accumulated other comprehensive loss
— 3,127 (11,071)(7,944)
Net other comprehensive income (loss)
57,562 3,137 (120,383)(59,684)
Balance, June 2025$(763,627)$(176,910)$(96,887)$(1,037,424)
Schedule of Reclassifications Out of Accumulated OCL
Reclassifications out of accumulated OCL were as follows:
(In thousands)Three Months Ended June
Details About Accumulated Other Comprehensive Loss ComponentsAffected Line Item in the Consolidated Statements of Operations
20262025
Amortization of defined benefit pension plans:
Net deferred actuarial losses
Other income (expense), net$(310)$(4,871)
Deferred prior service credits
Other income (expense), net159 153 
Pension curtailment gains
Other income (expense), net— 531 
Total before tax
(151)(4,187)
Income tax effect
39 1,060 
Net of tax
(112)(3,127)
Gains (losses) on derivative financial instruments:
Foreign exchange contracts
Revenues479 (1,971)
Foreign exchange contracts
Cost of goods sold(17,641)15,034 
Foreign exchange contracts
SG&A expenses
(133)(261)
Foreign exchange contracts
Other income (expense), net324 476 
Interest rate contracts
Interest expense27 27 
Total before tax
(16,944)13,305 
Income tax effect
2,309 (2,234)
Net of tax
(14,635)11,071 
Total reclassifications for the period, net of tax$(14,747)$7,944