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REVENUE
 3 Months Ended
Jun. 26, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE 
Contract Balances
A contract asset is recognized when the Company has recognized revenue but not issued an invoice for payment. Contract assets are classified separately on the condensed consolidated balance sheets and transferred to receivables when rights to payment become unconditional and invoiced.
A contract liability is recognized when the Company receives payments in advance of the satisfaction of performance. Contract liabilities, identified as deferred revenue, were $441 million and $431 million as of June 26, 2026 and March 31, 2026, respectively, of which $370 million and $362 million, respectively, is included in deferred revenue and customer working capital advances under current liabilities.
Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated based on timing of transfer, point in time or over time:
Three-Month Periods Ended
June 26, 2026June 27, 2025
Timing of Transfer(In millions)
ITS
Point in time$1,554 $1,760 
Over time1,502 798 
Total 3,056 2,558 
RMS
Point in time1,504 1,429 
Over time1,166 962 
Total 2,670 2,391 
CPI
Point in time1,530 1,565 
Over time672 61 
Total2,202 1,626 
Flex
Point in time4,588 4,754 
Over time3,340 1,821 
Total $7,928 $6,575 

Concentration of Risk
Sales of the Company's products are concentrated among specific customers. A significant customer accounted for 12% of net sales during the three-month period ended June 26, 2026. The majority of the revenue with this customer is included within the CPI segment. No other customer accounted for more than 10% of net sales during the three-month periods ended June 26, 2026 or June 27, 2025.