Annual report [Section 13 and 15(d), not S-K Item 405]

RETIREMENT AND SAVINGS BENEFIT PLANS - Schedule of Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Details)

v3.25.1
RETIREMENT AND SAVINGS BENEFIT PLANS - Schedule of Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Apr. 01, 2023
Amounts included in Consolidated Balance Sheets:      
Other assets (Note 11) $ 179,596 $ 175,110  
Accrued liabilities (Note 14) (6,899) (6,597)  
Other liabilities (Note 16) (77,688) (78,628)  
Pension Plan      
Fair value of plan assets      
Fair value of plan assets, beginning of period 1,085,242 1,111,710  
Actual return on plan assets 33,976 17,332  
VF contributions 15,478 30,167  
Participant contributions 5,469 5,447  
Benefits paid (66,132) (81,150)  
Currency translation 2,982 1,736  
Fair value of plan assets, end of period 1,077,015 1,085,242 $ 1,111,710
Projected benefit obligations      
Projected benefit obligations, beginning of period 995,357 1,021,333  
Service cost 9,796 8,924 10,632
Interest cost 46,789 47,079 44,732
Participant contributions 5,469 5,447  
Actuarial gain (12,184) (7,518)  
Benefits paid (66,132) (81,150)  
Plan amendments 129 (489)  
Curtailments (781) 0  
Currency translation 3,563 1,731  
Projected benefit obligations, end of period 982,006 995,357 $ 1,021,333
Funded status, end of period 95,009 89,885  
Amounts included in Consolidated Balance Sheets:      
Other assets (Note 11) 179,596 175,110  
Accrued liabilities (Note 14) (6,899) (6,597)  
Other liabilities (Note 16) (77,688) (78,628)  
Funded status 95,009 89,885  
Accumulated other comprehensive loss, pretax:      
Net deferred actuarial losses 256,027 260,512  
Net deferred prior service credits (3,666) (4,290)  
Total accumulated other comprehensive loss, pretax 252,361 256,222  
Accumulated benefit obligations $ 963,373 $ 976,120  
Weighted average actuarial assumptions used to determine pension obligations:      
Discount rate 5.05% 4.94%  
Rate of compensation increase 1.98% 2.11%