Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.22.2.2
PENSION PLANS (Tables)
 6 Months Ended
Oct. 01, 2022
Retirement Benefits [Abstract]  
Schedule of 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) 2022 2021 2022 2021
Service cost – benefits earned during the period $ 2,626  $ 3,577  $ 5,272  $ 7,190 
Interest cost on projected benefit obligations 10,680  9,367  23,311  18,842 
Expected return on plan assets (14,752) (19,368) (33,612) (38,753)
Settlement charges 1,141  76  92,902  1,024 
Amortization of deferred amounts:
Net deferred actuarial losses 3,953  2,871  7,674  5,711 
Deferred prior service credits (111) (117) (223) (235)
Net periodic pension cost (income) $ 3,537  $ (3,594) $ 95,324  $ (6,221)
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.