PENSION PLANS (Tables)

6 Months Ended

Oct. 02, 2021

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)	2021		2020		2021		2020
Service cost – benefits earned during the period	$	3,577	$	3,783	$	7,190	$	7,415
Interest cost on projected benefit obligations	9,367		11,981		18,842		23,929
Expected return on plan assets	(19,368)		(20,571)		(38,753)		(41,110)
Settlement charges	76		572		1,024		572
Amortization of deferred amounts:
Net deferred actuarial losses	2,871		2,898		5,711		5,761
Deferred prior service credits	(117)		(17)		(235)		(34)
Net periodic pension cost (income)	$	(3,594)	$	(1,354)	$	(6,221)	$	(3,467)

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