v3.26.1
TRADE RECEIVABLES SALES PROGRAMS
3 Months Ended
Jun. 26, 2026
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
TRADE RECEIVABLES SALES PROGRAMS TRADE RECEIVABLES SALES PROGRAMSThe Company sells accounts receivables to certain third-party banking institutions under factoring programs. The outstanding balance of receivables sold and not yet collected on accounts where the Company has continuing involvement was $0.6 billion and $0.5 billion as of June 26, 2026 and March 31, 2026. For the three-month periods ended June 26, 2026 and June 27, 2025, total accounts receivable sold to certain third-party banking institutions was $0.6 billion and $0.9 billion, respectively. The receivables that were sold were removed from the condensed consolidated balance sheets and the cash received was included as cash provided by operating activities in the condensed consolidated statements of cash flows.