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Quarterly report pursuant to Section 13 or 15(d)

PENSION PLANS (Tables)

v3.23.2
PENSION PLANS (Tables)
3 Months Ended
Jul. 01, 2023
Retirement Benefits [Abstract] Ìý
Schedule of Components of Pension Cost
The components of pension cost for ±«ÓãÖ±²¥â€™s defined benefit plans were as follows:
Ìý Three Months Ended June
(In thousands) 2023 2022
Service cost – benefits earned during the period $ 2,192Ìý $ 2,646Ìý
Interest cost on projected benefit obligations 11,812Ìý 12,631Ìý
Expected return on plan assets (15,877) (18,860)
Settlement charges 3,292Ìý 91,761Ìý
Amortization of deferred amounts:
Net deferred actuarial losses 4,232Ìý 3,721Ìý
Deferred prior service credits (135) (112)
Net periodic pension cost $ 5,516Ìý $ 91,787Ìý