Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.24.3
PENSION PLANS (Tables)
 6 Months Ended
Sep. 28, 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 September Six Months Ended September
(In thousands) 2024 2023 2024 2023
Service cost – benefits earned during the period $ 2,498  $ 2,237  $ 4,906  $ 4,429 
Interest cost on projected benefit obligations 11,715  11,775  23,395  23,587 
Expected return on plan assets (15,334) (15,902) (30,630) (31,779)
Settlement charges —  7  —  3,299 
Amortization of deferred amounts:
Net deferred actuarial losses 5,051  4,170  10,097  8,402 
Deferred prior service credits (150) (137) (294) (272)
Net periodic pension cost $ 3,780  $ 2,150  $ 7,474  $ 7,666