Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.20.2
PENSION PLANS (Tables)
 6 Months Ended
Sep. 26, 2020
Retirement Benefits [Abstract]  
Components of Pension Cost
The components of pension cost (income) for VF’s defined benefit plans were as follows:
  Three Months Ended September Six Months Ended September
(In thousands) 2020 2019 2020 2019
Service cost – benefits earned during the period $ 3,783  $ 3,410  $ 7,415  $ 6,791 
Interest cost on projected benefit obligations 11,981  14,743  23,929  29,504 
Expected return on plan assets (20,571) (23,151) (41,110) (46,329)
Settlement charges 572  519  572  519 
Amortization of deferred amounts:
Net deferred actuarial losses 2,898  4,014  5,761  8,033 
Deferred prior service costs (credits) (17) 12  (34) 25 
Net periodic pension cost (income) $ (1,354) $ (453) $ (3,467) $ (1,457)
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.