Quarterly report pursuant to Section 13 or 15(d)

Pension Plans (Tables)

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Pension Plans (Tables)
9 Months Ended
Oct. 03, 2015
Components of Pension Cost

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

 

     Three Months Ended September      Nine Months Ended September  
In thousands    2015      2014      2015      2014  

Service cost – benefits earned during the period

   $ 7,305       $ 6,046       $ 21,984       $ 18,228   

Interest cost on projected benefit obligations

     19,415         20,387         58,229         61,180   

Expected return on plan assets

     (27,784      (22,682      (83,334      (68,060

Amortization of deferred amounts:

           

Net deferred actuarial losses

     15,493         9,385         46,485         28,158   

Deferred prior service costs

     760         1,361         2,281         4,085   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic pension cost

   $ 15,189       $ 14,497       $ 45,645       $ 43,591