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Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.20.4
PENSION PLANS (Tables)
 9 Months Ended
Dec. 26, 2020
Retirement Benefits [Abstract] Ìý
Components of Pension Cost
The components of pension cost (income) for ±«ÓãÖ±²¥â€™s defined benefit plans were as follows:
Ìý Three Months Ended December Nine Months Ended December
(In thousands) 2020 2019 2020 2019
Service cost – benefits earned during the period $ 3,837Ìý $ 3,401Ìý $ 11,252Ìý $ 10,192Ìý
Interest cost on projected benefit obligations 11,764Ìý 14,581Ìý 35,693Ìý 44,085Ìý
Expected return on plan assets (20,586) (23,176) (61,696) (69,505)
Settlement charges 544Ìý 24,943Ìý 1,116Ìý 25,462Ìý
Amortization of deferred amounts:
Net deferred actuarial losses 3,020Ìý 4,203Ìý 8,781Ìý 12,236Ìý
Deferred prior service costs (credits) (19) 13Ìý (53) 38Ìý
Net periodic pension cost (income) $ (1,440) $ 23,965Ìý $ (4,907) $ 22,508Ìý
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.