Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.20.2
PENSION PLANS (Tables)
3 Months Ended
Jun. 27, 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 June
(In thousands) 2020 2019
Service cost – benefits earned during the period $ 3,632    $ 3,381   
Interest cost on projected benefit obligations 11,948    14,761   
Expected return on plan assets (20,539)   (23,178)  
Amortization of deferred amounts:
Net deferred actuarial losses 2,863    4,019   
Deferred prior service costs (credits) (17)   13   
Net periodic pension cost (income) $ (2,113)   $ (1,004)  
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.