PENSION PLANS (Tables)

9 Months Ended

Dec. 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 December				Nine Months Ended December
(In thousands)	2023		2022		2023		2022
Service cost – benefits earned during the period	$	2,224	$	2,632	$	6,653	$	7,904
Interest cost on projected benefit obligations	11,763		10,754		35,350		34,065
Expected return on plan assets	(15,882)		(14,752)		(47,661)		(48,364)
Settlement charges	131		695		3,430		93,597
Amortization of deferred amounts:
Net deferred actuarial losses	4,106		3,858		12,508		11,532
Deferred prior service credits	(136)		(112)		(408)		(335)
Net periodic pension cost	$	2,206	$	3,075	$	9,872	$	98,399