PENSION PLANS (Tables)

9 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Schedule of Components of Pension Cost

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

	Three Months Ended December				Nine Months Ended December
(In thousands)	2022		2021		2022		2021
Service cost – benefits earned during the period	$	2,632	$	3,547	$	7,904	$	10,737
Interest cost on projected benefit obligations	10,754		9,332		34,065		28,174
Expected return on plan assets	(14,752)		(19,347)		(48,364)		(58,100)
Settlement charges	695		5,660		93,597		6,684
Amortization of deferred amounts:
Net deferred actuarial losses	3,858		2,858		11,532		8,569
Deferred prior service credits	(112)		(117)		(335)		(352)
Net periodic pension cost (income)	$	3,075	$	1,933	$	98,399	$	(4,288)

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