Annual report pursuant to Section 13 and 15(d)

RETIREMENT AND SAVINGS BENEFIT PLANS - Schedule of Components of Pension Cost and Income (Details)

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RETIREMENT AND SAVINGS BENEFIT PLANS - Schedule of Components of Pension Cost and Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 03, 2021
Defined Benefit Plan Disclosure [Line Items]      
Settlement charges $ 91,800    
Pension Plan      
Defined Benefit Plan Disclosure [Line Items]      
Service cost — benefits earned during the period 10,632 $ 14,288 $ 15,747
Interest cost on projected benefit obligations 44,732 37,534 47,316
Expected return on plan assets (63,157) (77,432) (83,107)
Settlement charges 93,731 7,466 1,584
Curtailments 0 0 920
Amortization of deferred amounts:      
Net deferred actuarial losses 16,395 11,310 11,911
Deferred prior service credits (453) (440) (81)
Net periodic pension cost (income) $ 101,880 $ (7,274) $ (5,710)
Weighted average actuarial assumptions used to determine pension cost (income):      
Discount rate in effect for determining service cost 1.42% 0.46% 1.32%
Discount rate in effect for determining interest cost 4.09% 2.16% 2.82%
Expected long-term return on plan assets 5.24% 4.53% 4.97%
Rate of compensation increase 1.95% 2.01% 2.04%