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Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.22.2.2
INVENTORIES
6 Months Ended
Oct. 01, 2022
Inventory Disclosure [Abstract] Ìý
INVENTORIES INVENTORIES
(In thousands) September 2022 March 2022 September 2021
Finished products $ 2,689,412Ìý $ 1,353,483Ìý $ 1,397,988Ìý
Work-in-process 46,584Ìý 50,774Ìý 50,473Ìý
Raw materials 13,898Ìý 14,416Ìý 16,253Ìý
Total inventories $ 2,749,894Ìý $ 1,418,673Ìý $ 1,464,714Ìý
During the first quarter of Fiscal 2023, the Company modified terms with the majority of its suppliers to take ownership of inventory near point of shipment rather than destination. Finished products included $618.7 million, $67.7 million and $112.0Ìýmillion of in-transit inventory as of September 2022, March 2022 and September 2021, respectively.