Quarterly report pursuant to Section 13 or 15(d)

Pension Plans (Tables)

v2.4.0.8
Pension Plans (Tables)
 6 Months Ended
Jun. 28, 2014
Components of Pension Cost

The components of pension cost for VF’s defined benefit plans were as follows:

 

     Three Months Ended June     Six Months Ended June  
In thousands    2014     2013     2014     2013  

Service cost – benefits earned during the period

    $ 6,097      $ 6,327      $ 12,182      $ 13,220   

Interest cost on projected benefit obligations

      20,404        17,978        40,793        36,029   

Expected return on plan assets

      (22,697 )      (23,628 )      (45,378 )      (47,310 ) 

Amortization of deferred amounts:

         

Net deferred actuarial losses

      9,389        21,326        18,773        42,688   

Deferred prior service costs

      1,362        316        2,724        657   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic pension cost

    $ 14,555      $ 22,319      $ 29,094      $ 45,284