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Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.21.2
PENSION PLANS (Tables)
 3 Months Ended
Jul. 03, 2021
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 June
(In thousands) 2021 2020
Service cost – benefits earned during the period $ 3,613Ìý $ 3,632Ìý
Interest cost on projected benefit obligations 9,475Ìý 11,948Ìý
Expected return on plan assets (19,385) (20,539)
Settlement charge 948Ìý —Ìý
Amortization of deferred amounts:
Net deferred actuarial losses 2,840Ìý 2,863Ìý
Deferred prior service credits (118) (17)
Net periodic pension cost (income) $ (2,627) $ (2,113)
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.