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Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.21.4
PENSION PLANS (Tables)
 9 Months Ended
Jan. 01, 2022
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) 2021 2020 2021 2020
Service cost – benefits earned during the period $ 3,547Ìý $ 3,837Ìý $ 10,737Ìý $ 11,252Ìý
Interest cost on projected benefit obligations 9,332Ìý 11,764Ìý 28,174Ìý 35,693Ìý
Expected return on plan assets (19,347) (20,586) (58,100) (61,696)
Settlement charges 5,660Ìý 544Ìý 6,684Ìý 1,116Ìý
Amortization of deferred amounts:
Net deferred actuarial losses 2,858Ìý 3,020Ìý 8,569Ìý 8,781Ìý
Deferred prior service credits (117) (19) (352) (53)
Net periodic pension cost (income) $ 1,933Ìý $ (1,440) $ (4,288) $ (4,907)
The amounts reported in these disclosures have not been segregated between continuing and discontinued operations.