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.