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Pension Plans | 3 Months Ended
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Apr. 01, 2017
Compensation and Retirement Disclosure [Abstract] |
Pension Plans | Pension Plans The components of pension cost for VF’s defined benefit plans were as follows:
| Three Months Ended March
In thousands | 2017 |  | 2016
Service cost – benefits earned during the period | $ | 6,416 |  |  | $ | 6,449 |
Interest cost on projected benefit obligations | 14,815 |  |  | 17,034 |
Expected return on plan assets | (23,355 | ) |  | (24,919 | )
Amortization of deferred amounts: |  |  |
Net deferred actuarial losses | 11,382 |  |  | 16,306 |
Deferred prior service costs | 712 |  |  | 647 |
Net periodic pension cost | $ | 9,970 |  |  | $ | 15,517 |
VF contributed $2.2 million to its defined benefit plans during the first three months of 2017, and intends to make approximately $8.5 million of additional contributions during the remainder of 2017. In conjunction with the sale of the Licensing Business, the Company recognized a $1.1 million pension curtailment loss in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statement of Income in the first quarter of 2017.

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