PENSION PLANS (Tables)

6 Months Ended

Sep. 30, 2023

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)	2023		2022		2023		2022
Service cost – benefits earned during the period	$	2,237	$	2,626	$	4,429	$	5,272
Interest cost on projected benefit obligations	11,775		10,680		23,587		23,311
Expected return on plan assets	(15,902)		(14,752)		(31,779)		(33,612)
Settlement charges	7		1,141		3,299		92,902
Amortization of deferred amounts:
Net deferred actuarial losses	4,170		3,953		8,402		7,674
Deferred prior service credits	(137)		(111)		(272)		(223)
Net periodic pension cost	$	2,150	$	3,537	$	7,666	$	95,324