Quarterly report pursuant to Section 13 or 15(d)

Pension Plans (Tables)

v3.5.0.2
Pension Plans (Tables)
 9 Months Ended
Oct. 01, 2016
Components of Pension Cost

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

 

     Three Months Ended September      Nine Months Ended September  
In thousands    2016      2015      2016      2015  

Service cost – benefits earned during the period

    $ 6,478       $ 7,305       $ 19,434       $ 21,984   

Interest cost on projected benefit obligations

      16,991         19,415         51,066         58,229   

Expected return on plan assets

      (24,869 )       (27,784 )       (74,714 )       (83,334 ) 

Amortization of deferred amounts:

            

Net deferred actuarial losses

      16,303         15,493         48,928         46,485   

Deferred prior service costs

      645         760         1,937         2,281   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net periodic pension cost

    $ 15,548       $ 15,189       $ 46,651       $ 45,645