Annual report [Section 13 and 15(d), not S-K Item 405]

OTHER LIABILITIES (Tables)

v3.26.1
OTHER LIABILITIES (Tables)
 12 Months Ended
Mar. 28, 2026
Other Liabilities Disclosure [Abstract]  
Schedule of Components of Other Liabilities
(In thousands) March 2026 March 2025
Income taxes $ 355,902  $ 417,186 
Pension liabilities (Note 17)
 72,989  77,688 
Deferred compensation (Note 17)
 56,716  63,007 
Product warranty claims 48,231  49,885 
Deferred income taxes (Note 20)
 21,057  14,551 
Derivative financial instruments (Note 25)
 2,492  10,193 
Other 61,994  54,982 
Other liabilities $ 619,381  $ 687,492 
Schedule of Product Warranty Liability Activity relating to accrued product warranty claims is summarized as follows:
Year Ended March
(In thousands) 2026 2025 2024
Balance, beginning of year $ 62,813  $ 61,266  $ 52,419 
Accrual for products sold during the year 11,259  14,053  22,555 
Repair or replacement costs incurred and other (12,816) (12,516) (13,658)
Currency translation 389  10  (50)
Balance, end of year 61,645  62,813  61,266 
Less current portion (Note 14)
 13,414  12,928  12,893 
Long-term portion $ 48,231  $ 49,885  $ 48,373