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Annual report pursuant to Section 13 and 15(d)

OTHER LIABILITIES (Tables)

v3.20.1
OTHER LIABILITIES (Tables)
12 Months Ended
Mar. 28, 2020
Other Liabilities Disclosure [Abstract] Ìý
Schedule of Other Liabilities
(In thousands)
Ìý
March 2020
Ìý
Ìý
March 2019
Deferred income taxes (Note 19)
Ìý
$
161,371

Ìý
Ìý
$
107,997

Deferred compensation (Note 16)
Ìý
104,510

Ìý
Ìý
143,069

Income taxes
Ìý
578,298

Ìý
Ìý
613,332

Pension liabilities (Note 16)
Ìý
170,507

Ìý
Ìý
163,963

Deferred rent credits
Ìý
—

Ìý
Ìý
90,672

Product warranty claims
Ìý
47,534

Ìý
Ìý
49,301

Derivative financial instruments (Note 24)
Ìý
3,153

Ìý
Ìý
3,747

Other
Ìý
57,740

Ìý
Ìý
62,800

Other liabilities
Ìý
$
1,123,113

Ìý
Ìý
$
1,234,881


Activity Relating to Accrued Product Warranty Claims Activity relating to accrued product warranty claims is summarized as follows:
Ìý
Ìý
Year Ended March
Ìý
Three Months
Ended March
(Transition Period)
Ìý
Year Ended December
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
(In thousands)
Ìý
2020
Ìý
Ìý
2019
Ìý
2018
Ìý
2017
Balance, beginning of year
Ìý
$
61,919

Ìý
Ìý
$
62,551

Ìý
$
62,566

Ìý
$
62,872

Accrual for products sold during the year
Ìý
11,283

Ìý
Ìý
13,082

Ìý
3,828

Ìý
10,584

Repair or replacement costs incurred
Ìý
(11,079
)
Ìý
Ìý
(12,778
)
Ìý
(4,126
)
Ìý
(12,654
)
Currency translation
Ìý
(1,999
)
Ìý
Ìý
(936
)
Ìý
283

Ìý
1,764

Balance, end of year
Ìý
60,124

Ìý
Ìý
61,919

Ìý
62,551

Ìý
62,566

Less current portion (Note 13)
Ìý
12,590

Ìý
Ìý
12,618

Ìý
12,862

Ìý
12,833

Long-term portion
Ìý
$
47,534

Ìý
Ìý
$
49,301

Ìý
$
49,689

Ìý
$
49,733