Annual report pursuant to Section 13 and 15(d)

RETIREMENT AND SAVINGS BENEFIT PLANS - Schedule of Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Details)

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RETIREMENT AND SAVINGS BENEFIT PLANS - Schedule of Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Mar. 30, 2024
Apr. 01, 2023
Apr. 02, 2022
Projected benefit obligations        
Settlement $ (330,000)      
Amounts included in Consolidated Balance Sheets:        
Other assets (Note 11)   $ 175,110 $ 183,929  
Accrued liabilities (Note 14)   (6,597) (20,727)  
Other liabilities (Note 16)   (78,628) (72,825)  
Weighted average actuarial assumptions used to determine pension obligations:        
Settlement $ 330,000      
Pension Plan        
Fair value of plan assets        
Fair value of plan assets, beginning of period   1,111,710 1,643,435  
Actual return on plan assets   17,332 (146,068)  
VF contributions   30,167 22,683  
Participant contributions   5,447 5,035  
Settlement   0 (328,412)  
Benefits paid   (81,150) (79,865)  
Currency translation   1,736 (5,098)  
Fair value of plan assets, end of period   1,085,242 1,111,710 $ 1,643,435
Projected benefit obligations        
Projected benefit obligations, beginning of period   1,021,333 1,557,715  
Service cost   8,924 10,632 14,288
Interest cost   47,079 44,732 37,534
Participant contributions   5,447 5,035  
Actuarial gain   (7,518) (183,536)  
Settlement   0 (328,412)  
Benefits paid   (81,150) (79,865)  
Plan amendments   (489) (478)  
Currency translation   1,731 (4,490)  
Projected benefit obligations, end of period   995,357 1,021,333 $ 1,557,715
Funded status, end of period   89,885 90,377  
Amounts included in Consolidated Balance Sheets:        
Other assets (Note 11)   175,110 183,929  
Accrued liabilities (Note 14)   (6,597) (20,727)  
Other liabilities (Note 16)   (78,628) (72,825)  
Funded status   89,885 90,377  
Accumulated other comprehensive loss, pretax:        
Net deferred actuarial losses   260,512 241,864  
Net deferred prior service credits   (4,290) (4,286)  
Total accumulated other comprehensive loss, pretax   256,222 237,578  
Accumulated benefit obligations   $ 976,120 $ 1,005,159  
Weighted average actuarial assumptions used to determine pension obligations:        
Discount rate   4.94% 4.89%  
Rate of compensation increase   2.11% 2.15%  
Settlement   $ 0 $ 328,412