VF Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

3 Months Ended

Mar. 30, 2013

Note E — Property, Plant and Equipment


In thousands	March 2013		December 2012		March 2012
Land	$	52,769	$	54,264	$	53,848
Buildings and improvements		896,555		862,288		772,563
Machinery and equipment		1,099,939		1,066,865		1,027,807

Property, plant and equipment, at cost		2,049,263		1,983,417		1,854,218
Less accumulated depreciation and amortization		1,183,012		1,155,199		1,125,139

Property, plant and equipment, net	$	866,251	$	828,218	$	729,079

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details