Quarterly report pursuant to Section 13 or 15(d)

Pension Plans

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Pension Plans
 9 Months Ended
Sep. 29, 2012
Pension Plans

Note F — Pension Plans

The following components comprise VF’s pension cost:

 

     Three Months Ended
September		     Nine Months Ended
September		  
In thousands    2012     2011     2012     2011  

Service cost - benefits earned during the year

    $ 5,755      $ 5,322      $ 17,360      $ 15,776   

Interest cost on projected benefit obligations

      19,236        19,730        57,734        59,173   

Expected return on plan assets

      (20,148 )      (22,432 )      (60,462 )      (67,290 ) 

Amortization of deferred amounts:

         

Net deferred actuarial losses

      17,617        10,783        52,856        32,326   

Deferred prior service cost

      837        863        2,514        2,590   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic pension cost

    $ 23,297      $ 14,266      $ 70,002      $ 42,575   
  

 

 

    

 

 

    

 

 

    

 

 

  

During the first nine months of 2012, VF contributed $12.3 million to its defined benefit pension plans. VF currently anticipates making $3.5 million of additional contributions during the remainder of 2012.