Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES

v3.22.1
ACCRUED LIABILITIES
12 Months Ended
Apr. 02, 2022
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES ACCRUED LIABILITIES
(In thousands) March 2022 March 2021
Current portion of operating lease liabilities (Note 10) $ 353,948  $ 403,995 
Compensation 227,862  221,849 
Customer discounts and allowances 216,823  207,102 
Other taxes 157,009  118,538 
Income taxes 424,135  115,459 
Restructuring (Note 26) 26,392  63,797 
Contract liabilities (Note 2) 71,067  49,869 
Contingent consideration (Note 23) 56,976  — 
Advertising 54,162  38,424 
Freight, duties and postage 52,669  63,280 
Deferred compensation (Note 16) 14,698  10,963 
Interest 52,278  56,711 
Derivative financial instruments (Note 24) 24,267  66,351 
Insurance 16,871  15,464 
Product warranty claims (Note 15) 11,742  13,396 
Pension liabilities (Note 16) 16,927  17,030 
Other 138,066  147,700 
Accrued liabilities $ 1,915,892  $ 1,609,928