Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

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PENSION PLANS (Tables)
3 Months Ended
Jun. 29, 2024
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) 2024 2023
Service cost – benefits earned during the period $ 2,408  $ 2,192 
Interest cost on projected benefit obligations 11,680  11,812 
Expected return on plan assets (15,296) (15,877)
Settlement charge —  3,292 
Amortization of deferred amounts:
Net deferred actuarial losses 5,046  4,232 
Deferred prior service credits (144) (135)
Net periodic pension cost $ 3,694  $ 5,516