PENSION PLANS (Tables)

6 Months Ended

Sep. 26, 2020

Retirement Benefits [Abstract]

Components of Pension Cost

The components of pension cost (income) for VF’s defined benefit plans were as follows:

	Three Months Ended September				Six Months Ended September
(In thousands)	2020		2019		2020		2019
Service cost – benefits earned during the period	$	3,783	$	3,410	$	7,415	$	6,791
Interest cost on projected benefit obligations	11,981		14,743		23,929		29,504
Expected return on plan assets	(20,571)		(23,151)		(41,110)		(46,329)
Settlement charges	572		519		572		519
Amortization of deferred amounts:
Net deferred actuarial losses	2,898		4,014		5,761		8,033
Deferred prior service costs (credits)	(17)		12		(34)		25
Net periodic pension cost (income)	$	(1,354)	$	(453)	$	(3,467)	$	(1,457)

The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.