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<div> <a name="_AUCa829cb33c99f45c3803e694771221a15">Note M – Derivative Financial Instruments and Hedging Activities</a>   VF is exposed to risks in its ongoing business operations.  Some of these risks are managed by using derivative financial instruments.  Derivative financial instruments are contracts whose value is based on, or “derived” from, changes in the value of an underlying currency exchange rate, interest rate or other financial asset or index.    VF conducts business in many foreign countries and therefore is subject to movements in foreign currency exchange rates.  Exchange rate fluctuations can have a significant effect on the translated U.S. dollar value of operating results and net assets denominated in foreign currencies.  VF does not attempt to manage translation risk but does use derivative contracts to manage the exchange rate risk of specified cash flows or transactions denominated in various foreign currencies.  VF manages exchange rate risk on a consolidated basis, which allows exposures to be netted.  Use of derivative financial instruments allows VF to reduce the overall exposure to risks in its cash flows and earnings, since gains and losses on hedged exposures are offset by losses and gains in the value of the derivative contracts.   In addition, in prior years VF had used derivatives in limited instances to hedge interest rate risk.    Accounting for derivative instruments – Statement 133(R) requires companies to recognize all derivative instruments as either assets or liabilities at their fair value.  The accounting for changes in the fair value (i.e., gains and losses) of derivative instruments depends on whether a derivative has been designated and qualifies as part of a hedging relationship and on the type of hedging relationship.  The criteria used to determine if a derivative instrument qualifies for hedge accounting treatment are (i) whether an appropriate hedging instrument has been identified and designated to reduce a specific exposure and (ii) whether there is a high correlation between changes in the fair value of the hedging instrument and the identified exposure.  A qualifying derivative is designated for accounting purposes, based on the nature of the hedging relationship, as a fair value hedge, cash flow hedge or a hedge of a net investment in a foreign business.  VF’s hedging practices and related accounting policies are described in separate sections below.  VF considers its foreign businesses to be long-term investments and accordingly does not hedge those net investments.  VF does not use derivative instruments for trading or speculative purposes.  Hedging cash flows are classified in the statements of cash flows in the same category as the items being hedged.   VF formally documents hedging instruments and hedging relationships at the inception of each contract.  Further, VF assesses, both at the inception of a contract and on an ongoing basis, whether the hedging instruments are effective in offsetting the risk of the hedged transactions.  Occasionally, a portion of a derivative instrument will be considered ineffective in hedging the originally identified exposure due to a decline in amount or a change in timing of the hedged exposure.  In those cases, hedge accounting treatment is discontinued for the ineffective portion of that hedging instrument.   The counterparties to the derivative contracts consist of financial institutions having A-rated investment grade credit ratings.  To manage its credit risk, VF continually monitors the credit risks of its counterparties, limits its exposure in the aggregate and to any single counterparty, and adjusts its hedging positions as appropriate.  The impact of VF’s credit risk and the credit risk of its counterparties, as well as the ability of each party to fulfill its obligations under the contracts, is considered in determining the fair value of the foreign currency forward contracts.  Credit risk has not had a significant effect on the fair value of VF’s derivative contracts.  VF does not have any credit risk-related contingent features or collateral requirements with its derivative contracts.       Summary of derivative instruments – All of VF’s derivative instruments meet the criteria for hedge accounting at the inception of the hedging relationship.  However, derivative instruments that are cash flow hedges of forecasted cash receipts are dedesignated as hedges near the end of their term.  Accordingly, those instruments do not qualify for hedge accounting after the date of dedesignation.  Total notional amounts of outstanding derivative contracts at June 2009 and December 2008 were $786 million and $628 million, respectively, consisting of contracts hedging primarily exposures to the euro, British pound, Mexican peso and Canadian dollar.  Derivative contracts, consisting of forward exchange contracts, have maturities ranging from one month to 18 months.  Amounts of outstanding derivatives in the following table are presented on an individual contract basis:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> In thousands </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Derivatives with </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Derivatives with </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Unrealized Gains </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Unrealized Losses </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> at Fair Value </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> at Fair Value </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> June </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> December </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> June </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> December </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Foreign exchange contracts </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> designated as hedging instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $   4,756 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $    13,529 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 24,755 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $    38,474 </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Foreign exchange contracts </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> not designated as hedging instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          341 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          418 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                - </td> </tr> <tr style="mso-yfti-irow:10;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style= "mso-yfti-irow:11;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.75pt"> Total derivatives </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $   5,097 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    13,529 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 25,173 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    38,474 </td> </tr> </table>     The amounts above have been aggregated by counterparty for presentation in our Consolidated Balance Sheets and classified as current or noncurrent based on the derivatives’ maturity dates, as follows:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> December 2008 </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Other current assets </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $                        1,089 </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Accrued current liabilities </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                      18,877 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          26,034 </td> </tr> <tr style= "mso-yfti-irow:4;mso-yfti-lastrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Other liabilities (noncurrent) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                       1,199 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                                  - </td> </tr> </table>   VF’s fair value hedge strategies and accounting policies – VF has a hedging program to reduce the risk that the future cash flows for firm commitments will be negatively impacted by changes in foreign currency exchange rates.  VF enters into derivative contracts to hedge intercompany loans between the United States and a foreign subsidiary or between two foreign subsidiaries having different functional currencies.    For a derivative instrument that is designated and qualifies as a fair value hedge (i.e., hedging the exposure to changes in the fair value of an asset or liability attributable to a particular risk), changes in the fair value of the derivative are recognized in earnings as an offset, on the same line, to the earnings impact of the underlying hedged item.    Following is a summary of the effects of fair value hedging relationships included in VF’s Consolidated Statements of Income:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Location </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style="mso-yfti-irow:1;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> of Gain </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt">  Gain (Loss) on </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Location of </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt">  Gain (Loss) on Related </td> </tr> <tr style="mso-yfti-irow:2;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> (Loss) on </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Derivatives Recognized </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Hedged Items </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  Gain (Loss) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Hedged Items Recognized </td> </tr> <tr style="mso-yfti-irow:3;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Fair Value </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Derivatives </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt">  in Income for Periods </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> In Fair Value </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  Recognized </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> in Income for Periods </td> </tr> <tr style="mso-yfti-irow:4;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Hedging </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Recognized </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Ended June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Hedge </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> on Related </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt">  Ended June 2009 </td> </tr> <tr style="mso-yfti-irow:5;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Relationships </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> in Income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Three Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Six Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Relationships </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Hedged Items </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Three Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> Six Months </td> </tr> <tr style="mso-yfti-irow:6;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style="mso-yfti-irow:7;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Foreign </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Other Income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Advances – </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Other Income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style= "mso-yfti-irow:8;mso-yfti-lastrow:yes;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> exchange </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> (Expense) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $           (2,764) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $       8,104 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:12.75pt"> intercompany </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> (Expense) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $            2,528 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $      (8,799) </td> </tr> </table>   VF’s cash flow hedge strategies and accounting policies – VF has a hedging program to reduce the variability of forecasted cash flows denominated in foreign currencies.  VF uses derivative contracts to hedge a portion of the exchange risk for its forecasted inventory purchases and production costs and for its forecasted cash receipts arising from sales of inventory.  In addition, VF hedges the receipt in the United States of forecasted intercompany royalties from its foreign subsidiaries.    For a derivative instrument that is designated and qualifies as a cash flow hedge (i.e., hedging the exposure to variability in expected cash flows attributable to a particular risk), periodic changes in the fair value of the effective portion of the derivative are reported as a component of other comprehensive income (“OCI”) and deferred in accumulated other comprehensive income (loss) in the balance sheet.  The deferred derivative gain or loss is reclassified into earnings as an offset, on the same line, to the earnings impact of the underlying hedged transaction (e.g., in cost of goods sold when the hedged inventories are sold, or in net sales when the hedged item relates to cash receipts from forecasted sales).  As discussed in the following section, cash flow hedges of forecasted cash receipts are dedesignated as hedges when the sale is recorded, and hedge accounting is not applied after that date.    Following is a summary of the effects of cash flow hedging relationships included in VF’s Consolidated Statements of Income:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt"> <a name="RANGE!A1:K15">In thousands</a> </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:13.5pt">  Gain (Loss) Reclassified </td> </tr> <tr style="mso-yfti-irow:1;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Gain (Loss) on Derivatives </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt"> Location of Gain </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> from Accumulated </td> </tr> <tr style="mso-yfti-irow:2;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt"> Cash Flow </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Recognized in OCI for </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">  (Loss) Reclassified </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> OCI into Income for </td> </tr> <tr style="mso-yfti-irow:3;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt"> Hedging </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Periods Ended June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">  from Accumulated </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt">  Periods Ended June 2009 </td> </tr> <tr style="mso-yfti-irow:4;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Relationships </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Three Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Six Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> OCI into Income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Three Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:13.5pt"> Six Months </td> </tr> <tr style="mso-yfti-irow:5;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Foreign </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style="mso-yfti-irow:7;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> exchange </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $         (13,658) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $       (1,277) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Net sales </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $                 (77) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">  $            (77) </td> </tr> <tr style="mso-yfti-irow:8;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Cost of goods sold </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">                  3,796 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">             4,993 </td> </tr> <tr style="mso-yfti-irow:9;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Royalty revenues – </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style="mso-yfti-irow:10;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> intercompany </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">                (1,719) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">                743 </td> </tr> <tr style="mso-yfti-irow:11;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style="mso-yfti-irow:12;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Interest rate </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt">                        - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt">                    - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt"> Interest expense </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt">                       29 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:12.75pt">                  58 </td> </tr> <tr style="mso-yfti-irow:13;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style= "mso-yfti-irow:14;mso-yfti-lastrow:yes;height:13.5pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt"> Total </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:13.5pt">  $         (13,658) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:13.5pt">  $       (1,277) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:13.5pt">  $              2,029 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:13.5pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:13.5pt">  $         5,717 </td> </tr> </table>   Amounts recognized in earnings in the three and six months ended June 2009 for the ineffective portion of cash flow hedging relationships were not significant.       At June 2009, Accumulated Other Comprehensive Income (Loss) included $18.9 million of net deferred pretax losses for foreign exchange contracts that are expected to be reclassified to earnings during the next 12 months.  Actual amounts to be reclassified to earnings will depend on exchange rates when currently outstanding derivative contracts are settled.   In addition, in 2003 VF entered into an interest rate swap derivative contract to hedge the interest rate risk for issuance of long-term debt due in 2033.  The contract was terminated concurrent with the issuance of the debt, with the realized gain deferred in Accumulated Other Comprehensive Income (Loss).  The remaining pretax gain of $2.8 million at June 2009, deferred in Accumulated Other Comprehensive Income (Loss), will be reclassified into earnings over the remaining term of the debt.                         Derivative contracts not designated as hedges -- As noted in the preceding section, cash flow hedges of forecasted cash receipts are dedesignated as hedges when the forecasted sale is recognized, and accordingly, hedge accounting is not applied after the date of dedesignation.  These derivatives remain outstanding and serve as an economic hedge of foreign currency exposures related to the ultimate collection of the trade receivables.  During this period that hedge accounting is not applied, changes in the fair value of the derivative contracts are recognized directly in earnings.  For the three and six months ended June 2009, VF recorded net losses of $0.1 million in Other Income (Expense) for derivatives not designated as hedging instruments.   <style> /*<![CDATA[*/ 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<div> <a name="_AUC51689545f0b941da94040b438c453ca5"> Note K –</a> Earnings Per Share   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Three Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Six Months </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Ended June </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Ended June </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> In thousands, except per share amount </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Earnings per share – basic: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Net income attributable to VF Corporation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> common stockholders </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $      75,527 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    103,978 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    176,466 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    253,010 </td> </tr> <tr style="mso-yfti-irow:7;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> </tr> <tr style="mso-yfti-irow:8;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.75pt"> Weighted average Common Stock outstanding </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        110,243 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        108,711 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        110,116 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        109,040 </td> </tr> <tr style="mso-yfti-irow:9;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> </tr> <tr style="mso-yfti-irow:10;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Earnings per share attributable to VF </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:11;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Corporation common stockholders </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         0.69 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         0.96 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         1.60 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         2.32 </td> </tr> <tr style="mso-yfti-irow:12;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> </tr> <tr style="mso-yfti-irow:13;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:14;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Earnings per share – diluted: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:15;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Net income attributable to VF Corporation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:16;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> common stockholders </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $      75,527 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    103,978 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    176,466 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $    253,010 </td> </tr> <tr style="mso-yfti-irow:17;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> </tr> <tr style="mso-yfti-irow:18;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Weighted average Common Stock outstanding </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        110,243 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        108,711 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        110,116 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        109,040 </td> </tr> <tr style="mso-yfti-irow:19;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Stock options and other dilutive securities </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">               998 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            2,274 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            1,015 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            2,396 </td> </tr> <tr style="mso-yfti-irow:20;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Weighted average Common Stock and </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:21;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> dilutive securities outstanding </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        111,241 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        110,985 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        111,131 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">        111,436 </td> </tr> <tr style="mso-yfti-irow:22;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> </tr> <tr style="mso-yfti-irow:23;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Earnings per share attributable to VF </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:24;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Corporation common stockholders </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         0.68 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         0.94 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         1.59 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         2.27 </td> </tr> </table>   Outstanding options to purchase 3.9 million shares and 4.8 million shares of Common Stock for the three and six months ended June 2009, respectively, and outstanding options to purchase 1.4 million shares for the three and six months ended June 2008, were excluded from the computation of diluted earnings per share because the effect of their inclusion would have been antidilutive.  In addition, .6 million restricted stock units for the three months and six months ended June 2009 and .5 million restricted stock units for the comparable periods of the prior year were excluded from the computation of diluted earnings per share because they are subject to performance-based vesting conditions that had not been achieved by the end of those periods.  <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; 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<div> <h1> <a name="_AUC2c3b24d18c35490f8f56a6a7267d7803">Note L – Fair Value Measurements</a> </h1>   Fair value is defined in FASB Statement No. 157, Fair Value Measurements (“Statement 157”), as the price that would be received from the sale of an asset or paid to transfer a liability (i.e., an exit price) in the principal or most advantageous market in an orderly transaction between market participants.  In determining fair value, Statement 157 establishes a three-level hierarchy that distinguishes between (i) market data obtained or developed from independent sources (i.e., observable data inputs) and (ii) a reporting entity’s own data and assumptions that market participants would use in pricing an asset or liability (i.e., unobservable data inputs).  Financial assets and financial liabilities measured and reported at fair value are classified in one of the following categories, in order of priority of observability and objectivity of pricing inputs: <![if !supportLists]>·        <![endif]>Level 1 – Fair value based on quoted prices in active markets for identical assets or liabilities. <![if !supportLists]>·        <![endif]>Level 2 – Fair value based on significant directly observable data (other than Level 1 quoted prices) or significant indirectly observable data through corroboration with observable market data.  Inputs would normally be (i) quoted prices in active markets for similar assets or liabilities, (ii) quoted prices in inactive markets for identical or similar assets or liabilities or (iii) information derived from or corroborated by observable market data. <![if !supportLists]>·        <![endif]>Level 3 – Fair value based on prices or valuation techniques that require significant unobservable data inputs.  Inputs would normally be a reporting entity’s own data and judgments about assumptions that market participants would use in pricing the asset or liability.   The following table summarizes financial assets and financial liabilities measured and recorded at fair value on a recurring basis at the dates indicated:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="6" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Fair Value Measurement Using: </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Quoted Prices </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Significant </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> in Active </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Other </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Significant </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Total </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Markets for </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Observable </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Unobservable </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Fair </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Identical Assets </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Inputs </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Inputs </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Value </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> (Level 1) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> (Level 2) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> (Level 3) </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Financial assets: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Cash equivalents </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 206,181 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $            206,181 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $                - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $                    - </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Derivative instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        5,097 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">             5,097 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style="mso-yfti-irow:10;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Investment securities </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    164,991 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                124,238 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            40,753 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style="mso-yfti-irow:11;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:12;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Financial liabilities: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:13;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Derivative instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      25,173 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            25,173 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style="mso-yfti-irow:14;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Deferred compensation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    180,841 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          180,841 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style="mso-yfti-irow:15;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:16;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> December 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:17;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Financial assets: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:18;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Cash equivalents </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 156,900 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $            156,900 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $                - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $                    - </td> </tr> <tr style="mso-yfti-irow:19;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Derivative instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      13,529 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            13,529 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style="mso-yfti-irow:20;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Investment securities </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    157,651 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                114,778 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            42,873 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style="mso-yfti-irow:21;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:22;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Financial liabilities: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:23;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Derivative instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      38,474 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            38,474 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> <tr style= "mso-yfti-irow:24;mso-yfti-lastrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Deferred compensation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    176,394 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                          - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          176,394 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                        - </td> </tr> </table>   Cash equivalents measured at fair value above represent funds held in institutional money market funds and time deposits at commercial banks.  Derivative instruments represent unrealized gains or losses on foreign currency forward exchange contracts, which are the differences between (i) the functional currency to be received or paid at the contracts' settlement date and (ii) the functional currency value of the foreign currency to be sold or purchased at the current forward exchange rate.  Investment securities, consisting primarily of mutual funds (classified as Level 1) and a separately managed fixed income fund (classified as Level 2), are purchased to offset a substantial portion of participant-directed investment selections representing underlying liabilities to participants in VF’s deferred compensation plans.  Liabilities under deferred compensation plans are recorded at amounts payable to participants, based on the fair value of participant-directed investment selections.    The carrying value of other financial assets and financial liabilities is based on their cost, which may differ from fair value.  At June 2009 and December 2008, the carrying value of VF’s cash held as demand deposits, accounts receivable, life insurance contracts, short-term borrowings, accounts payable and accrued liabilities approximated their fair value.  At June 2009 and December 2008, the carrying value of VF’s long-term debt, including the current portion, was $1,143.0 million and $1,144.9 million, respectively, compared with fair value of $1,100.8 million and $1,027.4 million at those dates.  Fair value for long-term debt was estimated based on quoted market prices or values of comparable borrowings. <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUC658839e9cfd94c39921dadfa7407d3a9"> Note D</a> – Intangible Assets   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="5" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> December 2008 </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Weighted </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Gross </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Net </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Net </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Average </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Carrying </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Accumulated </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Carrying </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Carrying </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Dollars in thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Life * </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Amount </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Amortization </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Amount </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Amount </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Amortizable intangible assets: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Customer relationships </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> 19 years </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 440,432 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $         65,712 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $   374,720 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $           272,086 </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> License agreements </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> 24 years </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     179,928 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">             38,508 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       141,420 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               145,389 </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Trademarks and other </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> 7 years </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       17,555 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               9,532 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">           8,023 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                   9,240 </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:10;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Amortizable intangible assets, net </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       524,163 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               426,715 </td> </tr> <tr style="mso-yfti-irow:11;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:12;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Indefinite-lived intangible assets: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:13;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Trademarks and tradenames </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">    1,039,579 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">               939,507 </td> </tr> <tr style="mso-yfti-irow:14;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:15;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Intangible assets, net </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 1,563,742 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         1,366,222 </td> </tr> </table>     * Amortization of customer relationships – accelerated methods;  license agreements – accelerated and straight-line methods;  trademarks and other – accelerated and straight-line methods.   The fair value of identified intangible assets is based on expected cash flows at the respective acquisition dates.  These expected cash flows consider the stated terms of the rights or contracts acquired and expected renewal periods, if applicable.  The number of renewal periods considered is based on management’s experience in renewing or extending similar arrangements, regardless of whether the acquired arrangements have explicit renewal or extension provisions.  Trademark intangible assets represent individual acquired trademarks, some of which are registered in more than 100 countries.  Because of the significant number of trademarks, renewal of those rights is an ongoing process, with individual trademark renewals ranging from 7 to 14 years and averaging 10 years.  License intangible assets relate to numerous licensing contracts, with VF as either the licensor or licensee.  Individual license renewals range from 3 to 5 years, with an average of 4 years.  Costs incurred to renew or extend the lives of recognized intangible assets are not significant and are expensed as incurred.   Amortization expense of intangible assets for the second quarter and six months of 2009 was $10.3 million and $19.4 million, respectively.  Estimated amortization expense for the remainder of 2009 is $21.8 million and for the years 2010 through 2013 is $39.3 million, $36.5 million, $34.4 million and $32.9 million, respectively. <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUC6833bf0acd97487b8ea9a753690a5d3a">Note F – Pension Plans</a>   VF’s net periodic pension cost contained the following components:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Three Months Ended June </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Six Months Ended June </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Service cost – benefits earned during the year </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $          3,726 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $        4,162 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $     7,452 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $        8,324 </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Interest cost on projected benefit obligations </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            17,950 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          17,276 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       35,900 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          34,552 </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Expected return on plan assets </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          (13,379) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        (20,840) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (26,758) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        (41,680) </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Amortization of: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     Prior service costs </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              1,067 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              673 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         2,134 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            1,346 </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     Actuarial losses </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            15,131 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">              463 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">       30,262 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">              926 </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:10;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Net periodic pension cost </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $        24,495 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $        1,734 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $   48,990 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $        3,468 </td> </tr> </table>   During the first six months of 2009, VF made contributions totaling $7.6 million to pay benefits under VF’s Supplemental Executive Retirement Plan (“SERP”).  VF currently anticipates making an additional $2.5 million of contributions to pay benefits under the SERP during the remainder of 2009.  VF is not required under applicable regulations, and does not currently intend, to make a contribution to the qualified pension plan during 2009. <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUC6b5cc591acd64376b9aecdacb44c1e9e"> Note C</a> – Acquisition   On March 11, 2009, VF completed the acquisition of Mo Industries Holdings, Inc. ("Mo Industries"), owner of the SplendidÒ and Ella MossÒ brands of premium sportswear marketed to upscale department and specialty stores.  This transaction resulted in VF acquiring the remaining two-thirds equity of Mo Industries for a purchase price of $160.8 million (consisting of $156.1 million of cash and $4.7 million of notes) and payment of $52.3 million of debt.  In June 2008, VF had acquired one-third of the outstanding equity of Mo Industries for $77.4 million.  The agreement included put/call rights to acquire the remaining equity during the first half of 2009 at a price based on the acquired company’s earnings.  The initial investment was recorded in Other Assets and was accounted for using the equity method of accounting.  The carrying value of the investment was $80.5 million at the time of the March 2009 acquisition, consisting of the initial cost of the investment, plus the equity in net income of the investment to the date of acquisition.  In accordance with Statement 141(R), VF recognized a gain in the first quarter of $0.3 million from remeasuring its one-third interest in Mo Industries to fair value.  The gain was included in Miscellaneous Income in VF’s Consolidated Statement of Income.  Mo Industries is being reported as part of the Contemporary Brands Coalition.    The following table summarizes the amounts of tangible and intangible assets acquired and liabilities assumed (including the fair value of the prior one-third equity investment) that were recognized at the date of acquisition.  Recorded fair values are subject to adjustment for final valuations of income tax matters.    <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="561" style= "width:421.0pt;margin-left:4.65pt;border-collapse:collapse;mso-padding-alt: 0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> In thousands </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Cash and equivalents </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">  $          5,244 </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Other tangible assets </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            18,424 </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Intangible assets -- indefinite-lived </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            98,900 </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Intangible assets -- amortizable </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          115,700 </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Goodwill </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          142,796 </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Total assets acquired </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          381,064 </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Current liabilities </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">              7,987 </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Other liabilities, primarily deferred income taxes </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            79,060 </td> </tr> <tr style="mso-yfti-irow:10;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Total liabilities assumed </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            87,047 </td> </tr> <tr style="mso-yfti-irow:11;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Net assets acquired </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          294,017 </td> </tr> <tr style="mso-yfti-irow:12;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:13;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Fair value of VF's prior equity investment </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            80,854 </td> </tr> <tr style="mso-yfti-irow:14;height:15.0pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:15;mso-yfti-lastrow:yes;height:15.75pt"> <td width="403" nowrap="nowrap" valign="bottom" style= "width:4.2in;padding:0in 5.4pt 0in 5.4pt; height:15.75pt"> Purchase of two-thirds equity interest </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;padding:0in 5.4pt 0in 5.4pt; height:15.75pt">   </td> <td width="115" nowrap="nowrap" valign="bottom" style= "width:1.2in;border:none;border-bottom: double windowtext 2.25pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $      213,163 </td> </tr> </table>   Acquired intangible assets consisted of trademarks and customer relationships.  Management believes the SplendidÒ and Ella MossÒ trademarks have indefinite lives.  Customer relationship intangible assets are being amortized using an accelerated method over their 18 year useful life.  Factors that contributed to the recognition of Goodwill included (i) expected growth rates and profitability of the acquired business, (ii) the ability to expand the brands within their markets and to new markets, (iii) an experienced workforce, (iv) VF’s strategies for growth in sales, income and cash flows and (v) expected synergies with existing VF business units.  None of the Goodwill is expected to be deductible for income tax purposes.   Amounts of Mo Industries’ revenues and earnings included in VF’s Consolidated Statement of Income for the second quarter were $16.0 million and $2.9 million and since the date of acquisition were $21.6 million and $4.3 million, respectively.  Pro forma operating results for periods prior to the acquisition date are not provided because the acquisition was not material to VF’s results of operations.  Acquisition expenses included in VF’s results of operations were not significant.  <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; 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<div> <a name="_AUC5fe9395c504c49c3888f6ccd14d65533"> Note E – Goodwill</a>   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Outdoor and </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Contemporary </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Action Sports </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Jeanswear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Imagewear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Sportswear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Brands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Total </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Balance, December 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $        554,710 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $  235,818 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $     56,703 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $   215,767 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $         250,800 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 1,313,798 </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> 2009 acquisition </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                      - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            142,796 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       142,796 </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Adjustments to purchase </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> price allocation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                      - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              (3,454) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         (3,454) </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Adjustment to contingent </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> consideration </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                (189) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">                      - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">            (189) </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Currency translation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">               2,328 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          1,038 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                 - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                  490 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">           3,856 </td> </tr> <tr style="mso-yfti-irow:10;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:11;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Balance, June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $        556,849 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $  236,856 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $     56,703 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $   215,767 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $         390,632 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 1,456,807 </td> </tr> </table> <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUC7f7232d3bf2d4a4f81313f681c9cd783">Note B – Changes in Accounting Policies</a>   During the first quarter of 2009, VF adopted Financial Accounting Standards Board (“FASB”) Statement No. 141(Revised), Business Combinations, and a related FASB Staff Position No. FAS 141(R)-1, Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies (together, “Statement 141(R)”).  Statement 141(R) revised how business combinations are accounted for, both at the acquisition date and in subsequent periods.  Statement 141(R) changes the accounting model for a business acquisition from a cost allocation standard to recognition of the fair value of the assets and liabilities of the acquired business, regardless of whether a 100% or a lesser controlling interest is acquired.  Early adoption of Statement 141(R) was not permitted.    During the first quarter of 2009, VF adopted FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements, an amendment of ARB No. 51 (“Statement 160”).  Statement 160 requires information about the company as a whole, with separate information relating to the parent or controlling owners and to the noncontrolling (minority) interests, and provides guidance on the accounting for transactions between an entity and noncontrolling interests.  Statement 160 required retroactive adoption of its presentation and disclosure requirements, with all other requirements to be applied prospectively.  Early adoption was not permitted.  Accordingly, for VF’s previously issued financial statements: <![if !supportLists]>·        <![endif]>Noncontrolling interests in subsidiaries were reclassified from Other Liabilities to a separate component of Stockholders’ Equity. <![if !supportLists]>·        <![endif]>Consolidated net income was adjusted to separately present net income attributable to noncontrolling interests. <![if !supportLists]>·        <![endif]>Consolidated comprehensive income was adjusted to separately present comprehensive income attributable to noncontrolling interests.    During the first quarter of 2009, VF adopted FASB Statement No. 161, Disclosures about Derivative Instruments and Hedging Activities, which amended FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities (together, “Statement 133(R)”).  Statement 133(R) requires expanded disclosures related to (i) how and why an entity uses derivative instruments, (ii) how derivative instruments and related hedged items are accounted for and (iii) how derivative instruments and related hedged items affect an entity’s financial position, operating results and cash flows.  See Note M.   During the first quarter of 2009, VF adopted FASB Staff Position No. FAS 107-1, Interim Disclosures about Fair Value of Financial Instruments (“FAS 107-1”).  FAS 107-1 requires quarterly disclosures (rather than just annually) of the fair value of financial assets and liabilities.  See Note L.   During the first quarter of 2009, VF adopted FASB Staff Position No. FAS 142-3, Determination of the Useful Life of Intangible Assets (“FAS 142-3”).  FAS 142-3 amended the factors to be considered in developing renewal or extension assumptions used to determine the useful life of an identified intangible asset under FASB Statement No. 142, Goodwill and Other Intangible Assets, and required expanded disclosures related to the determination of intangible asset useful lives.  See Note D.   During the second quarter of 2009, VF adopted FASB Statement No. 165, Subsequent Events, which established general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued.  See Note O. <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUC3928f0d29a704563831423eac326eb9c"> Note O – Subsequent Events</a>   VF’s Board of Directors declared a quarterly cash dividend of $0.59 per share, payable on September 18, 2009 to shareholders of record on September 8, 2009.   VF granted options for 8,882 shares of Common Stock at an exercise price of $64.60 equal to the market price of VF Common Stock on the date of grant and 2,617 performance-based restricted stock units having a performance period through the end of 2011.   Management has evaluated subsequent events through August 11, 2009, the date of issuance of the financial statements. <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUC87cf04921c33475eb0ae38842e2734bf"> Note G –</a> Business Segment Information   <p class="MsoBodyText" style= "tab-stops:0in 13.5pt .4in .5in 67.5pt 103.5pt 139.5pt 175.5pt 211.5pt 3.2in 247.5pt 283.5pt right 4.0in left 4.2in 319.5pt right 5.0in left 5.2in 5.5in right 6.0in left 6.2in right 7.0in"> For internal management and reporting purposes, VF’s businesses are grouped principally by product categories, and by brands within those product categories.  These groupings of businesses are referred to as “coalitions.”  These coalitions are the basis for VF’s five reportable segments.  Financial information for VF’s reportable segments is as follows:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Three Months Ended June </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Six Months Ended June </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Coalition revenues: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Outdoor and Action Sports </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $   510,533 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $      523,499 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 1,116,470 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $   1,159,743 </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Jeanswear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       545,421 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          646,227 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     1,212,804 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       1,358,455 </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Imagewear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       195,306 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          241,251 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        421,957 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          488,285 </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Sportswear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       104,315 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          134,849 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        207,885 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          254,584 </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Contemporary Brands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       102,678 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          100,980 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        204,602 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          209,441 </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Other </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">         27,384 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            30,676 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          47,393 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            53,315 </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:10;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Total coalition revenues </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $1,485,637 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $   1,677,482 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 3,211,111 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $   3,523,823 </td> </tr> <tr style="mso-yfti-irow:11;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> </tr> <tr style="mso-yfti-irow:12;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Coalition profit: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:13;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Outdoor and Action Sports </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $     63,255 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $       58,635 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $   155,259 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $     164,141 </td> </tr> <tr style="mso-yfti-irow:14;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Jeanswear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         66,883 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           78,354 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       155,917 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         200,631 </td> </tr> <tr style="mso-yfti-irow:15;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Imagewear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         19,088 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           30,519 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         41,955 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           63,772 </td> </tr> <tr style="mso-yfti-irow:16;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Sportswear </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           6,919 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           14,485 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         11,427 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           16,587 </td> </tr> <tr style="mso-yfti-irow:17;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Contemporary Brands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           4,638 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           13,873 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         16,443 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           27,316 </td> </tr> <tr style="mso-yfti-irow:18;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Other </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">           1,387 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">                761 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">           (629) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">           (2,014) </td> </tr> <tr style="mso-yfti-irow:19;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:20;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Total coalition profit </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       162,170 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          196,627 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       380,372 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         470,433 </td> </tr> <tr style="mso-yfti-irow:21;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:22;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Corporate and other expenses </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       (41,038) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          (29,658) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       (96,543) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         (59,637) </td> </tr> <tr style="mso-yfti-irow:23;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Interest, net </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">       (21,254) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          (21,442) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">       (42,504) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">         (41,945) </td> </tr> <tr style="mso-yfti-irow:24;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:25;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.75pt"> Income before income taxes </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $     99,878 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $      145,527 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $   241,325 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $     368,851 </td> </tr> </table>   Operating results of the John Varvatos business unit for 2008 have been reclassified from the Sportswear Coalition to the Contemporary Brands Coalition consistent with a change in internal management beginning in 2009.   Defined benefit pension plans in the United States are centrally managed.  Coalition profit includes only the current year service cost component of pension cost.  Other components of pension cost totaling $20.8 million for the three months ended June 2009 and $41.5 million for the six months ended June 2009, primarily representing amortization of deferred actuarial losses, are recorded in Corporate and Other Expenses.  These components of pension cost recorded in Corporate and Other were not significant in the prior year.    <style> /*<![CDATA[*/ st1:*{behavior:url(#ieooui) }  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <a name="_AUCf889c2fb17254a589527a48ef6098713">Note H - Capital and Comprehensive Income (Loss)</a>   <p class="MsoBodyText" style= "tab-stops:0in .2in .4in .5in 67.5pt 103.5pt 139.5pt 175.5pt 211.5pt 3.2in 247.5pt 283.5pt right 4.0in left 4.2in 319.5pt right 5.0in left 5.2in 5.5in right 6.0in left 6.2in right 7.0in"> Common stock outstanding is net of shares held in treasury, and in substance retired.  There were 12,392,768 treasury shares at June 2009, 12,198,054 at December 2008 and 12,196,718 at June 2008.  The excess of the cost of treasury shares acquired over the $1 per share stated value of Common Stock is deducted from Retained Earnings.  In addition, 269,402 shares of VF Common Stock at June 2009, 261,092 shares at December 2008, and 255,638 shares at June 2008 were held in connection with deferred compensation plans.  These shares held for deferred compensation plans are treated for financial reporting purposes as treasury shares at a cost of $12.3 million, $10.8 million and $10.2 million at each of the respective dates.   There are 25,000,000 authorized shares of Preferred Stock, $1 par value, of which none are outstanding.      Other comprehensive income consists of changes in assets and liabilities that are not included in Net Income under GAAP but are instead reported within a separate component of Stockholders' Equity.  VF’s comprehensive income was as follows:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Three Months </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Six Months </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Ended June </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="3" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Ended June </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> 2008 </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Net income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $  74,978 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 104,018 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 175,412 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $ 252,964 </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Other comprehensive income: </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Foreign currency translation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:8;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Amount arising during the period </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      55,561 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        4,101 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      15,223 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      94,489 </td> </tr> <tr style="mso-yfti-irow:9;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Less income tax effect </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (9,143) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (1,322) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (5,366) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     (24,382) </td> </tr> <tr style="mso-yfti-irow:10;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Reclassification to net income during the period </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (1,522) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       (1,522) </td> </tr> <tr style="mso-yfti-irow:11;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Less income tax effect </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          533 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           533 </td> </tr> <tr style="mso-yfti-irow:12;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Defined benefit pension plans </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:13;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Reclassification to net income during the period </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      16,198 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        1,136 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      32,396 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        2,273 </td> </tr> <tr style="mso-yfti-irow:14;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Less income tax effect </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (6,241) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         (435) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     (12,482) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         (871) </td> </tr> <tr style="mso-yfti-irow:15;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Adjustment of funded status </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      25,950 </td> </tr> <tr style="mso-yfti-irow:16;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Less income tax effect </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">               - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">              - </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       (9,949) </td> </tr> <tr style="mso-yfti-irow:17;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Unrealized gains (losses) on derivative financial </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:18;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:19;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Amount arising during the period </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     (13,658) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        2,029 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (1,277) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       (9,290) </td> </tr> <tr style="mso-yfti-irow:20;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Less income tax effect </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         5,263 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">         (789) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">          493 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        3,563 </td> </tr> <tr style="mso-yfti-irow:21;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Reclassification to net income during the period </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (2,159) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        6,763 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (5,847) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      14,463 </td> </tr> <tr style="mso-yfti-irow:22;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Less income tax effect </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">           831 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">      (2,581) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">        2,251 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">       (5,546) </td> </tr> <tr style="mso-yfti-irow:23;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Unrealized gains (losses) on marketable securities </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:24;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Amount arising during the period </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">        1,437 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">         (434) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">        1,232 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">       (4,753) </td> </tr> <tr style="mso-yfti-irow:25;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:26;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Other comprehensive income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">      48,089 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">        7,479 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">      26,623 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">      84,958 </td> </tr> <tr style="mso-yfti-irow:27;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:28;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Comprehensive income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    123,067 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    111,497 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">    202,035 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">     337,922 </td> </tr> <tr style="mso-yfti-irow:29;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:30;height:15.0pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Comprehensive income attributable to noncontrolling </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:31;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> interests </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          522 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            72 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">        1,012 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">             (4) </td> </tr> <tr style="mso-yfti-irow:32;height:12.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:12.75pt">   </td> </tr> <tr style= "mso-yfti-irow:33;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" colspan="3" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.75pt"> Comprehensive income attributable to VF Corporation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 123,589 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 111,569 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 203,047 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $ 337,918 </td> </tr> </table>   Accumulated Other Comprehensive Income (Loss) for 2009 is summarized as follows:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style= "margin-left:4.65pt;border-collapse:collapse;mso-padding-alt:0in 5.4pt 0in 5.4pt"> <tr style= "mso-yfti-irow:0;mso-yfti-firstrow:yes;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Foreign </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Defined </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Derivative </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:1;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Currency </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Benefit </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Financial </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Marketable </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:2;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> In thousands </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Translation </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Pension Plans </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Instruments </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Securities </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Total </td> </tr> <tr style="mso-yfti-irow:3;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:4;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> Balance, December 2008 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $     22,203 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $      (290,991) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $      (6,690) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $         (816) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">  $(276,294) </td> </tr> <tr style="mso-yfti-irow:5;height:15.0pt"> <td nowrap="nowrap" colspan="2" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt; height:15.0pt"> Other comprehensive income </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style="mso-yfti-irow:6;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt"> (loss) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">           9,857 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">             19,914 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">          (4,380) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">            1,232 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:solid windowtext 1.0pt; mso-border-bottom-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt; height:15.0pt">       26,623 </td> </tr> <tr style="mso-yfti-irow:7;height:15.0pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.0pt">   </td> </tr> <tr style= "mso-yfti-irow:8;mso-yfti-lastrow:yes;height:15.75pt"> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt"> Balance, June 2009 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $     32,060 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $      (271,077) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $     (11,070) </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $           416 </td> <td nowrap="nowrap" valign="bottom" style= "padding:0in 5.4pt 0in 5.4pt;height:15.75pt">   </td> <td nowrap="nowrap" valign="bottom" style= "border:none;border-bottom:double windowtext 2.25pt; padding:0in 5.4pt 0in 5.4pt;height:15.75pt">  $(249,671) </td> </tr> </table> <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>

<div> <h1> <a name="_AUC8adb01f150134ccfab46ee92ccdf0c0d">Note N – Recently Issued Accounting Standards</a> </h1>   In March 2009, the FASB issued Staff Position No. FAS 132(R)-1, Employers’ Disclosures about Postretirement Benefit Plan Assets (“FAS 132(R)-1”).  This Staff Position expands disclosure requirements to provide information about an employer’s defined benefit pension plans, including the major categories and fair values of plan assets, investment policies and strategies, and significant concentrations of credit risk.  FAS 132(R)-1, effective for VF’s 2009 fiscal year, is not expected to have a significant effect on VF’s consolidated financial statements.   In June 2009, the FASB issued Statement No. 168, The FASB Accounting Standards CodificationTM  and the Hierarchy of Generally Accepted Accounting Principles – a replacement of FASB Statement No. 162 (“Statement 168”).  Statement 168 establishes the FASB Accounting Standards CodificationTM (“the Codification”) as the source of authoritative U.S. GAAP recognized by the FASB to be applied to nongovernmental entities.  The Codification also recognizes rules and interpretive releases of the Securities and Exchange Commission (“SEC”) as authoritative GAAP for SEC registrants.  The Codification, which will supersede all existing non-SEC accounting and reporting standards upon its effective date in the third quarter of 2009, does not change U.S. GAAP.   Other new pronouncements issued but not effective until after June 2009 are not expected to have a significant effect on VF’s consolidated financial position, results of operations or disclosures. <style> /*<![CDATA[*/  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} /*]]>*/ </style> </div>