Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.23.2
PENSION PLANS (Tables)
 3 Months Ended
Jul. 01, 2023
Retirement Benefits [Abstract]  
Schedule of Components of Pension Cost
The components of pension cost for VF’s defined benefit plans were as follows:
  Three Months Ended June
(In thousands) 2023 2022
Service cost – benefits earned during the period $ 2,192  $ 2,646 
Interest cost on projected benefit obligations 11,812  12,631 
Expected return on plan assets (15,877) (18,860)
Settlement charges 3,292  91,761 
Amortization of deferred amounts:
Net deferred actuarial losses 4,232  3,721 
Deferred prior service credits (135) (112)
Net periodic pension cost $ 5,516  $ 91,787