PENSION PLANS - Additional Information (Details) $ in Thousands |
3 Months Ended | |
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Jul. 02, 2022
USD ($)
participant
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Jul. 03, 2021
USD ($)
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Defined Benefit Plan Disclosure [Line Items] | ||
Defined benefit pension plan contributed | $ 2,500 | |
Defined benefit pension plan additional contributions to make next fiscal year | 19,100 | |
Payment for settlement | $ 330,000 | |
Number of participants | participant | 17,700 | |
Settlement charges | $ 91,761 | $ 948 |
Supplemental defined benefit pension plan | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Discount rate | 4.93% |
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- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of payment, which decreases benefit obligation of defined benefit plan, for irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Transaction constituting settlement includes, but is not limited to, making lump-sum cash payment to participant in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contract. Excludes decreases to benefit obligation for remeasurement due to settlement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of contribution received by defined benefit plan from employer which increases plan assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of contribution expected to be received by defined benefit plan from employer in remainder of current fiscal year. Excludes contribution previously paid by employer in current fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from irrevocable action relieving primary responsibility for benefit obligation and eliminating risk related to obligation and assets used to effect settlement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Defined Benefit Plan, Number of Participants No definition available.
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- Details
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