XML 80 R62.htm IDEA: XBRL DOCUMENT
v3.8.0.1

ACQUISITIONS - Narrative (Details) $ in Thousands, NZD in Millions |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | ---
Oct. 02, 2017 USD ($) | Jun. 30, 2018 USD ($) | Jun. 30, 2018 NZD | Dec. 30, 2017 | Dec. 30, 2017 USD ($) | Dec. 31, 2016 USD ($)
Trademarks |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  |  | 16 years | 16 years
Customer relationships |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  |  | 18 years | 20 years
Williamson-Dickie Mfg. Co. |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Percentage of voting interests acquired | 100.00% |  |  |  |  |
Payments to acquire businesses | $ 800,700 |  |  |  |  |
Revenues |  |  |  |  | $ 247,200 |
Net income |  |  |  |  | 11,400 |
Accounts receivable | 146,403 |  |  |  |  |
Intangible assets | 397,755 |  |  |  |  |
Transaction costs |  |  |  |  |  | $ 12,200
Williamson-Dickie Mfg. Co. | Trademarks |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Intangible assets | 800 |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  | 3 years |  |
Williamson-Dickie Mfg. Co. | Customer relationships |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Intangible assets | 78,600 |  |  |  |  |
Williamson-Dickie Mfg. Co. | Distribution Rights |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Intangible assets | 2,300 |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  | 4 years |  |
Williamson-Dickie Mfg. Co. | Acquisition-related Costs |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Expense related to executive compensation plans |  |  |  |  | $ 41,600 | $ 4,100
Minimum |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  |  | 3 years |
Minimum | Williamson-Dickie Mfg. Co. | Customer relationships |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  | 10 years |  |
Maximum |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  |  | 24 years |
Maximum | Williamson-Dickie Mfg. Co. | Customer relationships |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Estimated useful lives of intangible assets |  |  |  | 13 years |  |
Scenario, Forecast | Icebreaker Holdings, Ltd |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Percentage of voting interests acquired |  | 100.00% | 100.00% |  |  |
Payments to acquire businesses |  | $ 204,300 | NZD 288 |  |  |
Trademarks | Williamson-Dickie Mfg. Co. |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Intangible assets | 316,100 |  |  |  |  |
Imagewear | Williamson-Dickie Mfg. Co. |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Goodwill, expected tax deductible amount | $ 53,600 |  |  |  |  |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of goodwill arising from a business combination that is expected to be deductible for tax purposes. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479 + Details
Name: | us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=84229725&loc=d3e1043-128460 + Details
Name: | us-gaap_BusinessCombinationAcquisitionRelatedCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetUsefulLife
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireBusinessesGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Business Acquisition, Pro Forma, Excluded Expenses + References No definition available. + Details
Name: | vfc_BusinessAcquisitionProFormaExcludedExpenses
Namespace Prefix: | vfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_TrademarksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_CustomerRelationshipsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=vfc_WilliamsonDickieMfg.Co.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_DistributionRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_NonrecurringAdjustmentAxis=us-gaap_AcquisitionRelatedCostsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=vfc_IcebreakerHoldingsLtdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_TrademarksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vfc_ImagewearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |