VF Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

12 Months Ended

Dec. 28, 2013

Note E — Property, Plant and Equipment


	2013		2012
	In thousands
Land and improvements	$	56,828	$	54,264
Buildings and improvements		953,931		862,288
Machinery and equipment		1,159,221		1,066,865

Property, plant and equipment, at cost		2,169,980		1,983,417
Less accumulated depreciation and amortization		1,237,188		1,155,199

Property, plant and equipment, net	$	932,792	$	828,218

Assets subject to a mortgage have a cost of $21.2 million, less accumulated depreciation of $2.9 million at the end of 2013 and $2.4 million at the end of 2012. All other property, plant and equipment is unencumbered.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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