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PENSION PLANS (Tables) | 9 Months Ended
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Dec. 29, 2018
Retirement Benefits [Abstract] |
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) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017
Service cost – benefits earned during the period |  | $ | 6,097 |  |  |  | $ | 6,157 |  |  |  | $ | 17,882 |  |  |  | $ | 18,474 |
Interest cost on projected benefit obligations |  | 15,807 |  |  |  | 14,735 |  |  |  | 47,638 |  |  |  | 44,174 |
Expected return on plan assets |  | (23,185 | ) |  |  | (23,830 | ) |  |  | (70,216 | ) |  |  | (71,452 | )
Pension settlement charges |  | 662 |  |  |  | — |  |  |  | 8,846 |  |  |  | — |
Pension curtailment losses |  | — |  |  |  | 1,671 |  |  |  | 9,483 |  |  |  | 1,671 |
Amortization of deferred amounts: |  |  |  |  |  |  |  |  |  |  |
Net deferred actuarial losses |  | 6,676 |  |  |  | 10,026 |  |  |  | 22,153 |  |  |  | 30,058 |
Deferred prior service costs (credits) |  | (58 | ) |  |  | 646 |  |  |  | 552 |  |  |  | 1,934 |
Net periodic pension cost |  | $ | 5,999 |  |  |  | $ | 9,405 |  |  |  | $ | 36,338 |  |  |  | $ | 24,859 |
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block] | Actuarial assumptions used in the interim valuations were reviewed and revised as appropriate. The discount rates used to determine pension obligations were as follows:
|  | December 29, 2018 |  |  | September 29, 2018 |  | June 30, 2018 |  | April 30, 2018
U.S. qualified defined benefit pension plan |  | N/A |  |  |  | N/A |  |  | 4.25 | % |  | N/A |
Supplemental defined benefit pension plan |  | 4.36 | % |  |  | 4.29 | % |  | 4.24 | % |  | 4.22 | %

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- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920 + Details
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