Quarterly report pursuant to Section 13 or 15(d)

Pension Plans

v2.4.0.6
Pension Plans
 3 Months Ended
Mar. 31, 2012
Pension Plans [Abstract]  
Pension Plans

Note F — Pension Plans

VF's pension cost was composed of the following components:

 

     Three Months
Ended March 		 
In thousands    2012     2011  

Service cost – benefits earned during the year

    $ 5,811      $ 5,182   

Interest cost on projected benefit obligations

      19,249        19,705   

Expected return on plan assets

      (20,156 )      (22,416 ) 

Amortization of deferred amounts:

     

Net deferred actuarial losses

      17,618        10,764   

Deferred prior service cost

      839        863   
  

 

 

    

 

 

  

Net periodic pension cost

    $ 23,361      $ 14,098   
  

 

 

    

 

 

  

 

During the first three months of 2012, VF contributed $5.5 million to its defined benefit pension plans. VF currently anticipates making $9.1 million of additional contributions during the remainder of 2012.