Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

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INVENTORIES
 6 Months Ended
Oct. 01, 2022
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
(In thousands) September 2022 March 2022 September 2021
Finished products $ 2,689,412  $ 1,353,483  $ 1,397,988 
Work-in-process 46,584  50,774  50,473 
Raw materials 13,898  14,416  16,253 
Total inventories $ 2,749,894  $ 1,418,673  $ 1,464,714 
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 $112.0 million of in-transit inventory as of September 2022, March 2022 and September 2021, respectively.