Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.19.2
PENSION PLANS (Tables)
 3 Months Ended
Jun. 29, 2019
Retirement Benefits [Abstract]  
Components of Pension Cost
The components of pension (income) cost for VF’s defined benefit plans were as follows:
 
 
Three Months Ended June
 
 
 
 
 
 
(In thousands)
 
2019
 
 
2018
Service cost – benefits earned during the period
 
$
3,381

 
 
$
6,224

Interest cost on projected benefit obligations
 
14,761

 
 
16,013

Expected return on plan assets
 
(23,178
)
 
 
(23,834
)
Settlement charges
 
—

 
 
6,842

Curtailments
 
—

 
 
9,483

Amortization of deferred amounts:
 
 
 
 

Net deferred actuarial losses
 
4,019

 
 
8,822

Deferred prior service costs
 
13

 
 
669

Net periodic pension (income) cost
 
$
(1,004
)
 
 
$
24,219


The amounts reported in these disclosures for prior periods have not been segregated between continuing and discontinued operations.