v3.26.1
BANK BORROWINGS AND LONG-TERM DEBT (Tables)
3 Months Ended
Jun. 26, 2026
Debt Disclosure [Abstract]  
Schedule of Bank Borrowings and Long-term Debt
Bank borrowings and long-term debt as of June 26, 2026 and March 31, 2026 are as follows:
Maturity DateAs of June 26, 2026As of March 31, 2026
(In millions)
6.000% Notes (1)
January 2028$399 $398 
4.875% Notes (1)
June 2029654 654 
4.875% Notes (1)
May 2030670 671 
5.250% Notes (1)
January 2032651 651 
5.375% Notes (1)
November 2035598 598 
Senior Term Loan (3)
November 20271,450 — 
Delayed Draw Term LoanDecember 2027500 500 
3.600% HUF Bonds (2)
December 2031318 296 
Debt issuance costs(21)(17)
5,219 3,751 
Current portion, net of debt issuance costs— — 
Non-current portion$5,219 $3,751 
(1)The notes are carried at the principal amount of each note less any unamortized discount and unamortized debt issuance costs and inclusive of any unamortized premium. The notes are the Company’s senior unsecured obligations and rank equally with all other existing and future senior unsecured debt obligations.
(2)The bonds mature in December 2031 with annual payments equal to 10% of the original principal amount thereof on each of the seventh, eighth, and ninth anniversaries of the bonds, with the remaining 70% due upon maturity.
(3)In May 2026, the Company entered into a senior term loan agreement.
Schedule of the Company's Repayments of Long-term Debt
Scheduled repayments of the Company's bank borrowings and long-term debt as of June 26, 2026 are as follows:
Fiscal Year Ending March 31,Amount
(In millions)
2027$— 
20282,349 
202932 
2030685 
2031701 
Thereafter1,473 
Total$5,240