Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.24.4
PENSION PLANS (Tables)
 9 Months Ended
Dec. 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 December Nine Months Ended December
(In thousands) 2024 2023 2024 2023
Service cost – benefits earned during the period $ 2,475  $ 2,224  $ 7,381  $ 6,653 
Interest cost on projected benefit obligations 11,700  11,763  35,095  35,350 
Expected return on plan assets (15,320) (15,882) (45,950) (47,661)
Settlement charges —  131  —  3,430 
Curtailments (638) —  (638) — 
Amortization of deferred amounts:
Net deferred actuarial losses 5,049  4,106  15,146  12,508 
Deferred prior service credits (148) (136) (442) (408)
Net periodic pension cost $ 3,118  $ 2,206  $ 10,592  $ 9,872