Quarterly report pursuant to Section 13 or 15(d)

Pension Plans (Tables)

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Pension Plans (Tables)
 6 Months Ended
Jul. 04, 2015
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    2015      2014      2015      2014  

Service cost – benefits earned during the period

    $ 7,344       $ 6,097       $ 14,679       $ 12,182   

Interest cost on projected benefit obligations

      19,411         20,404         38,814         40,793   

Expected return on plan assets

      (27,779 )       (22,697 )       (55,550 )       (45,378 ) 

Amortization of deferred amounts:

            

Net deferred actuarial losses

      15,495         9,389         30,992         18,773   

Deferred prior service costs

      759         1,362         1,521         2,724   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net periodic pension cost

    $ 15,230       $ 14,555       $ 30,456       $ 29,094