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VF Corp (NYSE:VFC)
Buildings And Improvements
$1,008 Mil (As of Jun. 2016)

VF Corp's quarterly buildings and improvements increased from Dec. 2015 ($1,047 Mil) to Mar. 2016 ($1,069 Mil) but then declined from Mar. 2016 ($1,069 Mil) to Jun. 2016 ($1,008 Mil).

VF Corp's annual buildings and improvements increased from Dec. 2013 ($954 Mil) to Dec. 2014 ($987 Mil) and increased from Dec. 2014 ($987 Mil) to Dec. 2015 ($1,047 Mil).


Definition

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

VF Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
BuildingsAndImprovements 4655475555796077548629549871,047

VF Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
BuildingsAndImprovements 9709899969879799481,0271,0471,0691,008
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