<SEC-DOCUMENT>0001157523-19-000094.txt : 20190118
<SEC-HEADER>0001157523-19-000094.hdr.sgml : 20190118
<ACCEPTANCE-DATETIME>20190118065540
ACCESSION NUMBER:		0001157523-19-000094
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190118
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190118
DATE AS OF CHANGE:		20190118

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			V F CORP
		CENTRAL INDEX KEY:			0000103379
		STANDARD INDUSTRIAL CLASSIFICATION:	MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320]
		IRS NUMBER:				231180120
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			0330

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05256
		FILM NUMBER:		19532137

	BUSINESS ADDRESS:	
		STREET 1:		105 CORPORATE CENTER BOULEVARD
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27408
		BUSINESS PHONE:		(336)424-6000

	MAIL ADDRESS:	
		STREET 1:		P. O. BOX 21488
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27420

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VF CORPORATION
		DATE OF NAME CHANGE:	19900621

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANITY FAIR MILLS INC
		DATE OF NAME CHANGE:	19690520
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51927563.htm
<DESCRIPTION>V.F. CORPORATION 8-K
<TEXT>
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    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 18pt"><br style="font-size: 18pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 18pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 11pt">Washington,
      D.C. 20549</font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 16pt"><b>FORM 8-K</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>THE
      SECURITIES EXCHANGE ACT OF 1934</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>Date of
      Report (Date of earliest event reported): January 18, 2019</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman"><b>______________________________________________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt"><b>V.F. Corporation</b></font><br><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      Name of Registrant as Specified in Charter)</font><br><font style="font-family: Times New Roman"><b>______________________________________________</b></font><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 33%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Pennsylvania</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; width: 34%; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-5256</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; width: 33%; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>23-1180120</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 33%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of Incorporation)
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: center; width: 34%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: center; width: 33%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 50%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>105 Corporate Center Boulevard</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Greensboro, North Carolina</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; width: 50%; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>27408</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center; width: 50%" valign="bottom">
          (Address of Principal Executive Offices)
        </td>
        <td style="padding-left: 0.0px; text-align: center; width: 50%" valign="bottom">
          (Zip Code)
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>(336)
      424-6000</b></font><br>(<font style="font-size: 10pt; font-family: Times New Roman">Registrant&#8217;s
      telephone number, including area code)</font><br><br>
    </p>
    <p style="text-align: left; font-size: 10pt">
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p style="text-align: left; font-size: 10pt">
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 ((&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company&#160;&#160;<font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;&#160;<font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <hr style="text-align: center; height: 3.0 pt; width: 100%; color: #000000">


    <p>

    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <br>
      <b>Item 2.02.&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      On January&#160;18, 2019, V.F. Corporation issued a press release setting
      forth its third quarter fiscal 2019 earnings.&#160;A copy of the press
      release is attached hereto as Exhibit 99.
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      The information in this Current Report on Form 8-K, including Exhibit
      99, shall not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the
      Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or
      incorporated by reference into any filing under the Securities Act of
      1933, as amended, or the Exchange Act, except as shall be expressly set
      forth by specific reference in such a filing.
    </p>
    <p>
      <b>Item 9.01. &#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap">
      (d)&#160;&#160;&#160;Exhibits.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 10%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 88%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 88%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; padding-left: 30.0px; text-align: left; width: 10%; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51927563ex99.htm">99</a>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 88%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51927563ex99.htm">V.F. Corporation press release dated
            January 18, 2019.</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>V.F. CORPORATION</u>
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          (Registrant)
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 5%" valign="top">

        </td>
        <td style="width: 52%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 5%; padding-bottom: 2.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 52%; padding-bottom: 2.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 3%; padding-bottom: 2.0px" valign="top">
          By:
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; width: 20%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Scott A. Roe
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Scott A. Roe
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President and Chief Financial Officer
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 5%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 52%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            January 18, 2019
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: center">

    </p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a51927563ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
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    <title></title>
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  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>VF
      Reports Third Quarter Fiscal 2019 Results; Raises Full Year Fiscal 2019
      Outlook</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Revenue
        from continuing operations increased 8 percent (up 10 percent in
        constant dollars) to $3.9 billion; excluding acquisitions net of
        divestitures, revenue increased 7 percent (up 9 percent in constant
        dollars);</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Active
        segment revenue increased 16 percent (up 18 percent in constant
        dollars) including a 25 percent (27 percent in constant dollars)
        increase in </b></font><b><i><font style="font-family: Times New Roman; font-size: 12pt">Vans</font><sup><font style="font-size: 12pt; font-family: Times New Roman">&#174;</font></sup></i><font style="font-size: 12pt; font-family: Times New Roman">
        brand revenue; Outdoor segment revenue increased 11 percent (up 12
        percent in constant dollars) including a 14 percent (16 percent in
        constant dollars) increase in </font><i><font style="font-size: 12pt; font-family: Times New Roman">The
        North Face</font><sup><font style="font-size: 12pt; font-family: Times New Roman">&#174;</font></sup></i><font style="font-size: 12pt; font-family: Times New Roman">
        brand revenue and a 4-percentage point revenue growth contribution
        from acquisitions;</font></b>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>International
        revenue increased 5 percent (up 9 percent in constant dollars)
        including a 1-percentage point revenue growth contribution from
        acquisitions net of divestitures; China revenue increased 18 percent
        (up 23 percent in constant dollars);</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Direct-to-consumer
        revenue increased 10 percent (up 12 percent in constant dollars)
        including a 1-percentage point revenue growth contribution from
        acquisitions net of divestitures; Digital revenue increased 24 percent
        (up 26 percent in constant dollars);</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Gross
        margin from continuing operations increased 40 basis points to 51.9
        percent; on an adjusted basis, gross margin increased 60 basis points
        to 52.2 percent;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Earnings
        per share from continuing operations was $1.16. Adjusted earnings per
        share from continuing operations increased 30 percent (up 31 percent
        in constant dollars) to $1.31, including a 1-percentage point earnings
        growth contribution from acquisitions net of divestitures;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Full
        year fiscal 2019 revenue is now expected to increase approximately 12
        percent (up 13 percent in constant dollars) to at least $13.8 billion;
        and,</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Full
        year fiscal 2019 adjusted earnings per share is now expected to be
        $3.73, including an additional $45 million, or $0.09 per share, of
        incremental investment, reflecting an increase of 19 percent (up 20
        percent in constant dollars).</b></font>
      </li>
    </ul>
    <p>
      GREENSBORO, N.C.--(BUSINESS WIRE)--January 18, 2019--VF Corporation
      (NYSE: VFC) today reported financial results for its third quarter ended
      December 29, 2018.&#160;All per share amounts are presented on a diluted
      basis. This release refers to &#8220;reported&#8221; and &#8220;constant dollar&#8221; amounts,
      terms that are described under the heading &#8220;Constant Currency -
      Excluding the Impact of Foreign Currency.&#8221; Unless otherwise noted,
      &#8220;reported&#8221; and &#8220;constant dollar&#8221; amounts are the same. This release also
      refers to &#8220;continuing&#8221; and &#8220;discontinued&#8221; operations amounts, which are
      concepts described under the heading &#8220;Discontinued Operations - <i>Nautica<sup>&#174;
      </sup></i>Brand Business and Licensing Business.&#8221; Unless otherwise
      noted, results presented are based on continuing operations. This
      release also refers to &#8220;adjusted&#8221; amounts, terms that are described
      under the heading &#8220;Adjusted Amounts - Excluding Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i>,
      <i>Altra<sup>&#174;</sup></i>, <i>Reef<sup>&#174;</sup></i>, and Jeans
      Spin-Off Transaction and Deal Related Expenses, Costs Related to Office
      Relocations and the Provisional Impact of U.S. Tax Legislation.&#8221; Unless
      otherwise noted, &#8220;reported&#8221; and &#8220;adjusted&#8221; amounts are the same.
    </p>
    <p>
      &#8220;VF's third quarter results were fueled by strong growth in our largest
      brands and balanced growth across the core dimensions of our portfolio,&#8221;
      said Steve Rendle, Chairman, President and Chief Executive Officer.
      &#8220;Based on the strength of our third quarter performance and the growth
      trajectory we see for the remainder of fiscal 2019, we are again
      increasing our full year outlook, including an additional $45 million of
      growth-focused investments aimed at accelerating growth and value
      creation into fiscal year 2020. We remain sharply focused on executing
      our integrated growth strategy and transforming VF into a purpose-led,
      performance-driven enterprise committed to delivering superior returns
      to shareholders.&quot;
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
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      </div>
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        <div style="text-align: center">

        </div>
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          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Constant Currency - Excluding the Impact of Foreign Currency</b></i>
    </p>
    <p>
      This release refers to &#8220;reported&#8221; amounts in accordance with U.S.
      generally accepted accounting principles (&#8220;GAAP&#8221;), which include
      translation impacts from foreign currency exchange rates. This release
      also refers to &#8220;constant dollar&#8221; amounts, which exclude the impact of
      translating foreign currencies into U.S. dollars. Reconciliations of
      GAAP measures to constant currency amounts are presented in the
      supplemental financial information included with this release, which
      identifies and quantifies all excluded items, and provides management&#8217;s
      view of why this information is useful to investors.
    </p>
    <p>
      <i><b>Discontinued Operations - Nautica</b><sup>&#174; </sup><b>Brand
      Business and Licensing Business</b></i>
    </p>
    <p>
      On April 30, 2018, the company completed the sale of its <i>Nautica<sup>&#174;</sup></i>
      brand business. On April 28, 2017, the company completed the sale of its
      Licensed Sports Group (&quot;LSG&quot;) business, including the <i>Majestic<sup>&#174;</sup></i>
      brand. In conjunction with the LSG divestiture, VF executed its plan to
      entirely exit the licensing business and completed the sale of the
      assets of the <i>JanSport<sup>&#174;</sup></i> brand collegiate business
      in the fourth quarter of 2017. Accordingly, the company has included the
      operating results of these businesses in discontinued operations through
      their respective dates of sale.
    </p>
    <p>
      <i><b>Adjusted Amounts - Excluding Williamson-Dickie, Icebreaker</b><sup>&#174;</sup><b>,
      Altra</b><sup>&#174;</sup><b>, Reef</b><sup>&#174;</sup><b>, and Jeans
      Spin-Off Transaction and Deal Related Expenses, Costs Related to Office
      Relocations and the Provisional Impact of U.S. Tax Legislation</b></i>
    </p>
    <p>
      This release refers to adjusted amounts that exclude transaction and
      deal related expenses associated with the acquisitions and integration
      of Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>,
      and expenses and losses on sale related to the divestitures of the <i>Reef<sup>&#174;</sup>
      </i>brand and the Van Moer business, which was acquired in connection
      with the Williamson-Dickie acquisition. The release also refers to
      transaction expenses associated with the planned spin-off of the Jeans
      business. Total transaction and deal related expenses, including the
      losses on sale, were approximately $63 million in the third quarter of
      fiscal 2019 and $135 million in the first nine months of fiscal 2019.
    </p>
    <p>
      This release also refers to adjusted amounts that exclude costs
      primarily associated with the previously announced relocations of VF&#8217;s
      global headquarters and certain brands to Denver, Colorado. Total costs
      were approximately $6 million in the third quarter of fiscal 2019 and
      $17 million in the first nine months of fiscal 2019.
    </p>
    <p>
      Adjusted amounts in this release also exclude the provisional amounts
      recorded due to recent U.S. tax legislation. On December 22, 2017, the
      U.S. government enacted comprehensive tax legislation commonly referred
      to as the Tax Cuts and Jobs Act. Measurement period adjustments related
      to the provisional net charge resulted in a net expense of approximately
      $10 million in the third quarter of fiscal 2019 and $23 million in the
      first nine months of fiscal 2019.
    </p>
    <p>
      Combined, the above net charges negatively impacted earnings per share
      by $0.16 during the third quarter of fiscal 2019 and $0.36 during the
      first nine months of fiscal 2019. All adjusted amounts referenced herein
      exclude the effects of these amounts.
    </p>
    <p>
      Reconciliations of measures calculated in accordance with GAAP to
      adjusted amounts are presented in the supplemental financial information
      included with this release, which identifies and quantifies all excluded
      items, and provides management&#8217;s view of why this information is useful
      to investors.
    </p>
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        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Third Quarter Fiscal 2019 Income Statement Review</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Revenue</b> increased 8 percent (up 10 percent in constant dollars)
        to $3.9 billion. Excluding acquisitions net of divestitures, revenue
        increased 7 percent (up 9 percent in constant dollars), driven by VF&#8217;s
        largest brands, international and direct-to-consumer platforms, as
        well as strength from the Active, Outdoor and Work segments.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Gross margin</b> increased 40 basis points to 51.9 percent, driven
        by a mix-shift toward higher margin businesses. On an adjusted basis,
        gross margin increased 60 basis points to 52.2 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Operating income</b> on a reported basis was $592 million. On an
        adjusted basis, operating income increased 30 percent to $656 million,
        including a $7 million contribution from acquisitions net of
        divestitures. <b>Operating margin</b> on a reported basis increased
        170 basis points to 15.0 percent. Adjusted operating margin increased
        270 basis points to 16.6 percent. Adjusted operating margin, excluding
        acquisitions net of divestitures, increased 280 basis points to 16.8
        percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Earnings per share</b> was $1.16 on a reported basis. On an
        adjusted basis, earnings per share increased 30 percent (up 31 percent
        in constant dollars) to $1.31, including a 1-percentage point growth
        contribution from acquisitions net of divestitures.
      </li>
    </ul>
    <p>
      <i><b>Balance Sheet Highlights</b></i>
    </p>
    <p>
      Inventories were up 9 percent compared with the same period last year.
      Excluding the impact of acquisitions net of divestitures, inventories
      increased 7 percent. The company also returned approximately $700
      million to shareholders through dividends and share repurchases. The
      company has $3.8 billion remaining under its current share repurchase
      authorization.
    </p>
    <p>
      <i><b>Adjusted Full Year Fiscal 2019 Outlook</b></i>
    </p>
    <p>
      The following outlook for fiscal year 2019 is on an adjusted basis and
      has been updated to include the following:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Revenue</b> is now expected to be at least $13.8 billion,
        reflecting an increase of approximately 12 percent (up 13 percent in
        constant dollars). This compares to the previous expectation of at
        least $13.7 billion, which reflected an 11 percent increase. By
        segment, revenue for <b>Outdoor </b>is now expected to increase 8
        percent versus the previous expectation of a 7 percent to 8 percent
        increase; revenue for<b> Active</b> is now expected to increase 16
        percent versus the previous expectation of a 14 percent to 15 percent
        increase; revenue for <b>Work</b> is now expected to increase 39
        percent versus the previous expectation of a more than 35 percent
        increase; and, revenue for <b>Jeans </b>is now expected to decline 3
        percent versus the previous expectation of a 1 percent to 2 percent
        decline.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>International </b>revenue is now expected to increase 10 percent to
        11 percent (up about 13 percent in constant dollars) versus the
        previous expectation of a 12 percent to 13 percent increase.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Direct-to-consumer</b> revenue is now expected to increase 13
        percent (up 14 percent in constant dollars) versus the previous
        expectation of a 12 percent to 14 percent increase. Digital revenue is
        still expected to increase more than 30 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Adjusted gross margin</b> is expected to be at least 51 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Adjusted operating margin</b> is expected to increase 90 basis
        points to 13.6 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Adjusted earnings per share</b> is now expected to be $3.73,
        including an additional $45 million, or $0.09 per share, of
        incremental investment, reflecting an increase of 19 percent (up 20
        percent in constant dollars). This compares to the previous
        expectation of $3.65.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Cash flow from operations</b> is still expected to approximate $1.8
        billion.
      </li>
      <li style="margin-bottom: 10.0px">
        Other full year assumptions include an <b>effective tax rate </b>of
        about 16 percent and <b>capital expenditures</b> of approximately $275
        million.
      </li>
    </ul>
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        </div>
      </div>
    </div>
    <p>
      <i><b>Dividend Declared</b></i>
    </p>
    <p>
      VF&#8217;s Board of Directors declared a quarterly dividend of $0.51 per
      share, payable on March 18, 2019, to shareholders of record on March 8,
      2019.
    </p>
    <p>
      <i><b>Webcast Information</b></i>
    </p>
    <p>
      VF will host its third quarter fiscal 2019 conference call beginning at
      8:30 a.m. Eastern Time today. The conference call will be broadcast live
      via the Internet, accessible at ir.vfc.com. For those unable to listen
      to the live broadcast, an archived version will be available at the same
      location.
    </p>
    <p>
      <i><b>Presentation</b></i>
    </p>
    <p>
      A presentation on third quarter fiscal 2019 results will be available at
      ir.vfc.com beginning at approximately 7:30 a.m. Eastern Time today and
      will be archived at the same location.
    </p>
    <p>
      <i><b>About VF</b></i>
    </p>
    <p>
      VF Corporation (NYSE: VFC) outfits consumers around the world with its
      diverse portfolio of iconic lifestyle brands, including <i>Vans<sup>&#174;</sup>,
      The North Face<sup>&#174;</sup></i>,&#160;<i>Timberland<sup>&#174;</sup>,
      Wrangler<sup>&#174;</sup> </i>and<i> Lee<sup>&#174;</sup></i>. Founded
      in 1899, VF is one of the world&#8217;s largest apparel, footwear and
      accessories companies with socially and environmentally responsible
      operations spanning numerous geographies, product categories and
      distribution channels. VF is committed to delivering innovative products
      to consumers and creating long-term value for its customers and
      shareholders. For more information, visit&#160;<u>www.vfc.com</u>.
    </p>
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        </div>
      </div>
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        <div style="text-align: center">

        </div>
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          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Forward-looking Statements</b></i>
    </p>
    <p>
      Certain statements included in this release and attachments are
      &quot;forward-looking statements&quot; within the meaning of the federal
      securities laws. Forward-looking statements are made based on our
      expectations and beliefs concerning future events impacting VF and
      therefore involve several risks and uncertainties. You can identify
      these statements by the fact that they use words such as &#8220;will,&#8221;
      &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;should,&#8221; and &#8220;may&#8221; and other words
      and terms of similar meaning or use of future dates. We caution that
      forward-looking statements are not guarantees and that actual results
      could differ materially from those expressed or implied in the
      forward-looking statements. Potential risks and uncertainties that could
      cause the actual results of operations or financial condition of VF to
      differ materially from those expressed or implied by forward-looking
      statements in this release include, but are not limited to: risks
      associated with the proposed spin-off of our Jeanswear business,
      including the risk that the spin-off will not be consummated within the
      anticipated time period or at all; the risk of disruption to our
      business in connection with the proposed spin-off and that we could lose
      revenue as a result of such disruption; the risk that the companies
      resulting from the spin-off do not realize all of the expected benefits
      of the spin-off; the risk that the spin-off will not be tax-free for
      U.S. federal income tax purposes; the risk that there will be a loss of
      synergies from separating the businesses that could negatively impact
      the balance sheet, profit margins or earnings of both businesses; and
      the risk that the combined value of the common stock of the two
      publicly-traded companies will not be equal to or greater than the value
      of VF Corporation common stock had the spin-off not occurred. There are
      also risks associated with the relocation of our global headquarters and
      a number of brands to the metro Denver area, including the risk of
      significant disruption to our operations, the temporary diversion of
      management resources and loss of key employees who have substantial
      experience and expertise in our business, the risk that we may encounter
      difficulties retaining employees who elect to transfer and attracting
      new talent in the Denver area to replace our employees who are unwilling
      to relocate, the risk that the relocation may involve significant
      additional costs to us and that the expected benefits of the move may
      not be fully realized. Other risks include foreign currency
      fluctuations; the level of consumer demand for apparel, footwear and
      accessories; disruption to VF&#8217;s distribution system; VF's reliance on a
      small number of large customers; the financial strength of VF's
      customers; fluctuations in the price, availability and quality of raw
      materials and contracted products; disruption and volatility in the
      global capital and credit markets; VF's response to changing fashion
      trends, evolving consumer preferences and changing patterns of consumer
      behavior, intense competition from online retailers, manufacturing and
      product innovation; increasing pressure on margins; VF's ability to
      implement its business strategy; VF's ability to grow its international
      and direct-to-consumer businesses; VF&#8217;s and its vendors&#8217; ability to
      maintain the strength and security of information technology systems;
      the risk that VF's facilities and systems and those of our third-party
      service providers may be vulnerable to and unable to anticipate or
      detect data security breaches and data or financial loss; VF's ability
      to properly collect, use, manage and secure consumer and employee data;
      stability of VF's manufacturing facilities and foreign suppliers;
      continued use by VF's suppliers of ethical business practices; VF&#8217;s
      ability to accurately forecast demand for products; continuity of
      members of VF&#8217;s management; VF's ability to protect trademarks and other
      intellectual property rights; possible goodwill and other asset
      impairment; maintenance by VF&#8217;s licensees and distributors of the value
      of VF&#8217;s brands; VF's ability to execute and integrate acquisitions;
      changes in tax laws and liabilities; legal, regulatory, political and
      economic risks; the risk of economic uncertainty associated with the
      pending exit of the United Kingdom from the European Union (&quot;Brexit&quot;) or
      any other similar referendums that may be held; and adverse or
      unexpected weather conditions. More information on potential factors
      that could affect VF's financial results is included from time to time
      in VF's public reports filed with the Securities and Exchange
      Commission, including VF's Annual Report on Form 10-K and Quarterly
      Reports on Form 10-Q.
    </p>
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        </div>
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        <div style="text-align: center">

        </div>
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          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="21" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Condensed Consolidated Statements of Income</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands, except per share amounts)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Three Months Ended December</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Nine Months Ended December</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          <b>%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017 <sup>(a)</sup></b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Change</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017 <sup>(a)</sup></b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Net revenues</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,940,159
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,649,283
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,635,691
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          9,310,837
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          14%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Costs and operating expenses</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Cost of goods sold
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,896,472
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,769,819
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,232,050
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,601,336
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          14%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Selling, general and administrative expenses
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,451,782
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,394,845
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          4%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,922,185
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,489,679
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          12%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 30.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Total costs and operating expenses
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,348,254
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,164,664
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          9,154,235
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          8,091,015
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          13%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          591,905
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          484,619
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          22%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,481,456
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,219,822
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          21%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (23,847
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (22,548
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (73,244
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (65,692
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Other income (expense), net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (1,774
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (1,902
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          (7)%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (56,495
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (7,032
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          566,284
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          460,169
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,351,717
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,147,098
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Income taxes</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          103,158
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          533,148
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          (81)%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          221,517
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          639,165
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          (65)%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Income (loss) from continuing operations</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          463,126
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (72,979
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          735%
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,130,200
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          507,933
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          123%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Income (loss) from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          383
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (17,290
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          788
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (102,173
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Net income (loss)</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          463,509
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (90,269
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          613%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,130,988
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          405,760
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          179%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Earnings (loss) per common share - basic <sup>(b)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Continuing operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.17
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (0.18
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          733%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2.86
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.29
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          122%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Discontinued operations
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (0.04
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (0.26
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Total earnings (loss) per common share - basic</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1.17
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (0.23
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          613%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          2.86
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1.03
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          179%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Earnings (loss) per common share - diluted <sup>(b)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Continuing operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (0.18
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          736%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2.82
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          122%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Discontinued operations
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (0.04
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (0.26
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="middle">
          *
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Total earnings (loss) per common share - diluted</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1.16
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (0.23
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          614%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          2.82
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1.02
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          178%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Weighted average shares outstanding</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Basic
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          395,294
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          394,577
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          395,117
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          394,967
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Diluted
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          399,767
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          400,378
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          400,418
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          399,425
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Cash dividends per common share</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.46
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.43
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          10%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          * Calculation not meaningful
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="21" style="padding-left: 0.0px" valign="bottom">
          <b>Basis of presentation of condensed consolidated financial
          statements:</b> VF operates and reports using a 52/53 week fiscal
          year. In connection with the change in fiscal year end to the
          Saturday closest to March 31 from the Saturday closest to December
          31, VF's current fiscal year will run from April 1, 2018 through
          March 30, 2019 (&#8220;fiscal 2019&#8221;). For presentation purposes herein,
          all references to periods ended December 2018 relate to the 13-week
          and 39-week fiscal periods ended December 29, 2018 and all
          references to periods ended December 2017 relate to the 13-week and
          39-week fiscal periods ended December 30, 2017. References to March
          2018 relate to the balance sheet as of March 31, 2018.
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="21" style="padding-left: 0.0px" valign="bottom">
          <sup>(a)</sup> In the first quarter of fiscal 2019, VF adopted ASU
          2017-07, <i>&quot;Compensation - Retirement Benefits (Topic 715):
          Improving the Presentation of Net Periodic Pension Cost and Net
          Periodic Postretirement Benefit Cost&quot;</i> and restated the
          prior periods to conform to current year presentation. For the three
          months ended December 2017, operating income increased and other
          income (expense), net decreased by $3.3 million. For the nine months
          ended December 2017, operating income increased and other income
          (expense), net decreased by $6.4 million.
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="21" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup>(b)</sup> Amounts have been calculated using unrounded
            numbers.
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="12" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Condensed Consolidated Balance Sheets</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: center" valign="bottom">
          <b>December</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: center" valign="bottom">
          <b>March</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: center" valign="bottom">
          <b>December</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>ASSETS</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Current assets</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Cash and equivalents
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          535,312
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          680,762
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          563,483
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,774,460
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,408,587
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,429,986
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Inventories
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,866,075
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,861,441
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,706,609
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other current assets
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          436,244
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          732,533
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          677,686
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Total current assets
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,612,091
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,683,323
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,377,764
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Property, plant and equipment</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,041,640
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,011,617
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,014,638
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Goodwill and intangible assets</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,812,121
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,813,329
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,782,425
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Other assets</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          818,458
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          803,041
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          783,675
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,284,310
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,311,310
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          9,958,502
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>LIABILITIES AND STOCKHOLDERS' EQUITY</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Current liabilities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Short-term borrowings
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          677,891
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,525,106
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          729,384
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Current portion of long-term debt
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,576
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          6,265
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          6,165
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Accounts payable
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          645,678
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          583,004
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          760,997
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Accrued liabilities
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,233,902
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,024,454
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,247,554
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Total current liabilities
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,563,047
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,138,829
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,744,100
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Long-term debt</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,135,240
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,212,555
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,187,789
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Other liabilities</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,285,399
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,271,830
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,306,713
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total liabilities</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,983,686
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          6,623,214
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          6,238,602
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Stockholders' equity</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          4,300,624
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,688,096
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,719,900
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Total liabilities and stockholders' equity</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,284,310
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,311,310
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          9,958,502
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td colspan="9" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Condensed Consolidated Statements of Cash Flows</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Nine Months Ended December</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018 <sup>(a)</sup></b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017 <sup>(a)</sup></b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>Operating activities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Net income
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,130,988
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          405,760
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          104,651
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          216,361
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          224,065
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Other adjustments
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          89,314
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          950,346
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Cash provided by operating activities
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,436,663
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,684,822
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Investing activities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Business acquisitions, net of cash received
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (320,405
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (740,541
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Proceeds from sale of businesses, net of cash sold
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          430,273
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          214,968
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Capital expenditures
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (195,250
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (128,697
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Software purchases
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (42,548
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (44,520
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other, net
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (20,616
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (9,124
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Cash used by investing activities
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (148,546
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (707,914
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Financing activities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Net increase (decrease) from short-term borrowings, long-term debt
          and other
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (859,345
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          170,887
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Purchases of treasury stock
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (150,676
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (762,059
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Cash dividends paid
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (565,176
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (511,966
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Proceeds from issuance of Common Stock, net of shares withheld for
          taxes
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          137,470
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          86,610
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Cash used by financing activities
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,437,727
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,016,528
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Effect of foreign currency rate changes on cash, cash equivalents
          and restricted cash</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (681
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          737
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net change in cash, cash equivalents and restricted cash</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (150,291
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (38,883
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Cash, cash equivalents and restricted cash &#8211; beginning of year</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          689,190
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          608,280
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Cash, cash equivalents and restricted cash &#8211; end of period</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          538,899
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          569,397
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="9" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <sup>(a)</sup> The cash flows related to discontinued operations
          have not been segregated, and are included in the Condensed
          Consolidated Statements of Cash Flows.
        </td>
      </tr>
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reportable Segment Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Three Months Ended December</b>
        </td>
        <td>

        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>% Change</b>
        </td>
        <td>

        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency <sup>(a)</sup></b>
          </p>
        </td>
        <td rowspan="2">

        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Organic <sup>(b)</sup></b>
          </p>
        </td>
        <td rowspan="2">

        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency and</b><br><b>Organic
            <sup>(a) (b)</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,612,605
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,456,654
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          12%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          8%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,142,580
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          983,983
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          16%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          20%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          493,587
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          482,827
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          2%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          3%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          5%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          657,853
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          692,506
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (5)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (3)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (5)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (3)%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other <sup>(c)</sup>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          33,534
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          33,313
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          1%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          1%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          1%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          1%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,940,159
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,649,283
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          10%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          9%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment profit (loss)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          338,009
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          275,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          24%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          272,862
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          198,872
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          37%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          39%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          62,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          57,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          9%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          9%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          67,804
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          93,196
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (27)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (29)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other <sup>(c)</sup>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (151
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          209
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">
          *
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">
          *
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          741,015
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          625,295
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          19%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          19%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Corporate and other expenses</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (150,884
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (142,578
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (23,847
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (22,548
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          566,284
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          460,169
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          24%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          The business segment information provided above reflects changes in
          VF's operating structure during the first quarter of fiscal 2019.
          These changes have been made to all periods presented and had no
          impact on VF's consolidated results of operations.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <sup>(a)</sup> Refer to constant currency definition on the
          following pages.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <sup>(b)</sup> Excludes acquisitions representing the operating
          results of <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174; </sup></i>for
          the three months ended December 2018. The change also excludes
          divestitures representing the operating results of <i>Reef<sup>&#174; </sup></i>and
          the Van Moer business, through the respective dates of sale for the
          three months ended December 2018, and for the three months ended
          December 2017. Refer to Non-GAAP financial information on
          &quot;Reconciliation of Select GAAP Measures to Non-GAAP Measures - Three
          and Nine Months Ended December 2018&quot; page for additional information.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <sup>(c)</sup> Other is included for purposes of reconciliation of
          revenues and profit, but it is not considered a reportable segment.
          Includes sales of non-VF products at <i>VF Outlet</i><sup>&#174; </sup>stores
          and results from transition services related to the sale of the <i>Nautica</i><sup>&#174;
          </sup>and <i>Reef</i><sup>&#174; </sup>brand businesses.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          * Calculation not meaningful
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reportable Segment Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Nine Months Ended December</b>
        </td>
        <td>

        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>% Change</b>
        </td>
        <td>

        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change </b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Constant </b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Currency <sup>(a)</sup></b>
          </p>
        </td>
        <td rowspan="2" style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Organic <sup>(b)</sup></b>
          </p>
        </td>
        <td rowspan="2" style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td rowspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Constant</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Currency and</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Organic <sup>(a) (b)</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,647,708
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,373,906
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          9%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          3%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          4%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,579,478
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,982,889
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          20%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          20%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          21%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          21%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,409,016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          899,746
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          57%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          57%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          6%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,894,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,963,293
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (4)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (4)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other <sup>(c)</sup>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          104,973
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          91,003
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          15%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,635,691
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          9,310,837
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          8%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment profit (loss)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          512,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          464,087
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          10%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          12%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          893,110
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          656,592
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          36%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          36%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          175,652
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          125,928
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          39%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          40%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          252,511
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          292,017
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (14)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (14)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other <sup>(c)</sup>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          2,548
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (895
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">
          *
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">
          *
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,836,456
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,537,729
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          19%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          20%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Corporate and other expenses</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (411,495
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (324,939
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          27%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          27%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (73,244
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (65,692
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,351,717
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,147,098
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          The business segment information provided above reflects changes in
          VF's operating structure during the first quarter of fiscal 2019.
          These changes have been made to all periods presented and had no
          impact on VF's consolidated results of operations.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <sup>(a)</sup> Refer to constant currency definition on the
          following pages.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="top">
          <sup>(b)</sup> Excludes acquisitions representing the operating
          results of <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>
          for the nine months ended December 2018 and the operating results of
          Williamson-Dickie for the six months ended September 2018. The
          change also excludes divestitures representing the operating results
          of <i>Reef<sup>&#174;</sup></i> and the Van Moer business, through
          the respective dates of sale for the three months ended December
          2018, and for the three months ended December 2017. Refer to
          Non-GAAP financial information on &quot;Reconciliation of Select GAAP
          Measures to Non-GAAP Measures - Three and Nine Months Ended December
          2018&quot; page for additional information.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <sup>(c)</sup> Other is included for purposes of reconciliation of
          revenues and profit, but it is not considered a reportable segment.
          Includes sales of non-VF products at <i>VF Outlet</i><sup>&#174; </sup>stores
          and results from transition services related to the sale of the <i>Nautica</i><sup>&#174;
          </sup>and <i>Reef</i><sup>&#174; </sup>brand businesses.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          * Calculation not meaningful
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reportable Segment Information &#8211; Constant Currency Basis</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Three Months Ended December 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="top">
          <b>As Reported</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="top">
          <b>Adjust for Foreign</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>under GAAP</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>Currency Exchange</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>Constant Currency</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,612,605
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          22,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,635,159
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,142,580
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          18,478
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,161,058
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          493,587
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,894
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          495,481
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          657,853
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          14,427
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          672,280
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          33,534
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          33,534
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,940,159
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          57,353
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          3,997,512
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment profit</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          338,009
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,597
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          341,606
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          272,862
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,543
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          276,405
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          62,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          182
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          62,673
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          67,804
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (2,079
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          65,725
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (151
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (151
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          741,015
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,243
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          746,258
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Corporate and other expenses</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (150,884
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (344
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (151,228
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (23,847
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (23,847
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          566,284
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          4,899
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          571,183
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Diluted earnings per share growth</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          736
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          6
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          742
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Constant Currency Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px" valign="top">
          VF is a global company that reports financial information in U.S.
          dollars in accordance with GAAP. Foreign currency exchange rate
          fluctuations affect the amounts reported by VF from translating its
          foreign revenues and expenses into U.S. dollars. These rate
          fluctuations can have a significant effect on reported operating
          results. As a supplement to our reported operating results, we
          present constant currency financial information, which is a non-GAAP
          financial measure that excludes the impact of translating foreign
          currencies into U.S. dollars. We use constant currency information
          to provide a framework to assess how our business performed
          excluding the effects of changes in the rates used to calculate
          foreign currency translation. Management believes this information
          is useful to investors to facilitate comparison of operating results
          and better identify trends in our businesses.
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px" valign="top">
          To calculate foreign currency translation on a constant currency
          basis, operating results for the current year period for entities
          reporting in currencies other than the U.S. dollar are translated
          into U.S. dollars at the average exchange rates in effect during the
          comparable period of the prior year (rather than the actual exchange
          rates in effect during the current year period).
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px" valign="top">
          These constant currency performance measures should be viewed in
          addition to, and not in lieu of or superior to, our operating
          performance measures calculated in accordance with GAAP. The
          constant currency information presented may not be comparable to
          similarly titled measures reported by other companies.
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reportable Segment Information &#8211; Constant Currency Basis</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>Nine Months Ended December 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="top">
          <b>As Reported</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="top">
          <b>Adjust for Foreign</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>under GAAP</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>Currency Exchange</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="top">
          <b>Constant Currency</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,647,708
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          22,614
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,670,322
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,579,478
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,606
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,583,084
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,409,016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,466
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,410,482
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,894,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          24,789
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,919,305
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          104,973
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          104,973
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,635,691
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          52,475
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          10,688,166
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Segment profit</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          512,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          9,095
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          521,730
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          893,110
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,423
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          891,687
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          175,652
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          213
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          175,865
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          252,511
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (2,108
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          250,403
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          2,548
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          2,548
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,836,456
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,777
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,842,233
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Corporate and other expenses</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (411,495
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (116
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (411,611
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (73,244
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          (73,244
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,351,717
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          5,661
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1,357,378
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">
          <b>Diluted earnings per share growth</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          122
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          1
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          123
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: double; padding-left: 0.0px; border-bottom-width: 2.25pt; text-align: left; border-bottom-color: black; white-space: nowrap" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Constant Currency Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px" valign="top">
          VF is a global company that reports financial information in U.S.
          dollars in accordance with GAAP. Foreign currency exchange rate
          fluctuations affect the amounts reported by VF from translating its
          foreign revenues and expenses into U.S. dollars. These rate
          fluctuations can have a significant effect on reported operating
          results. As a supplement to our reported operating results, we
          present constant currency financial information, which is a non-GAAP
          financial measure that excludes the impact of translating foreign
          currencies into U.S. dollars. We use constant currency information
          to provide a framework to assess how our business performed
          excluding the effects of changes in the rates used to calculate
          foreign currency translation. Management believes this information
          is useful to investors to facilitate comparison of operating results
          and better identify trends in our businesses.
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px" valign="top">
          To calculate foreign currency translation on a constant currency
          basis, operating results for the current year period for entities
          reporting in currencies other than the U.S. dollar are translated
          into U.S. dollars at the average exchange rates in effect during the
          comparable period of the prior year (rather than the actual exchange
          rates in effect during the current year period).
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="13" style="padding-left: 0.0px" valign="top">
          These constant currency performance measures should be viewed in
          addition to, and not in lieu of or superior to, our operating
          performance measures calculated in accordance with GAAP. The
          constant currency information presented may not be comparable to
          similarly titled measures reported by other companies.
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reconciliation of Select GAAP Measures to Non-GAAP Measures -
            Three and Nine Months Ended December 2018</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands, except per share amounts</b>)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black" valign="bottom">
          <b>Three Months Ended December 2018</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>As Reported</b><br><b>under GAAP</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Transaction</b><br><b>and Deal</b><br><b>Related</b><br><b>Costs
            <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Relocation and</b><br><b>other</b><br><b>Restructuring</b><br><b>Costs
            <sup>(b)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Impact</b><br><b>of Tax</b><br><b>Act<sup> (c)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Adjusted</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Contribution</b><br><b>from</b><br><b>Acquisitions <sup>(d)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Contribution</b><br><b>from</b><br><b>Divestitures <sup>(e)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Adjusted</b><br><b>Organic</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Revenues</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,940,159
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,940,159
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (57,546
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (3,855
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,878,758
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Gross profit</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,043,687
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          12,371
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          564
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,056,622
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (31,814
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,322
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,023,486
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>51.9</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>52.2</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>52.2</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          591,905
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          57,781
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,983
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          655,669
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (6,614
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          857
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          649,912
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>15.0</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>16.6</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>16.8</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other income (expense), net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,774
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,842
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,068
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,071
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted earnings per share from continuing operations <sup>(f)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.03
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.31
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (0.01
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.30
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black" valign="bottom">
          <b>Nine Months Ended December 2018</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>As Reported</b><br><b>under GAAP</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Transaction</b><br><b>and Deal</b><br><b>Related</b><br><b>Costs
            <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Relocation and</b><br><b>other</b><br><b>Restructuring</b><br><b>Costs
            <sup>(b)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Impact</b><br><b>of Tax</b><br><b>Act<sup> (c)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Adjusted</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Contribution</b><br><b>from</b><br><b>Acquisitions <sup>(d)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Contribution</b><br><b>from</b><br><b>Divestitures <sup>(e)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Adjusted</b><br><b>Organic</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Revenues</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          10,635,691
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          10,635,691
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (629,914
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (3,855
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          10,001,922
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Gross profit</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,403,641
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          19,585
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,512
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,426,738
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (275,834
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,322
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          5,149,582
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>50.8</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>51.0</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>51.5</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,481,456
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          97,768
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          16,699
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,595,923
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (66,750
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          857
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,530,030
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>13.9</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>15.0</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>15.3</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other income (expense), net</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (56,495
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          36,852
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (19,643
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          132
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (19,510
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>Diluted earnings per share from continuing operations <sup>(f)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2.82
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.03
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.06
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3.18
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (0.13
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3.05
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          <sup>(a) </sup>Transaction and deal related costs include
          acquisition and integration costs related to the acquisitions of
          Williamson-Dickie and the <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>
          brands, and divestiture costs related to the sale of the <i>Reef<sup>&#174;</sup></i>
          brand, which totaled $6.4 million and $33.6 million for the three
          and nine months ended December 2018, respectively. The costs also
          include separation and related expenses associated with the planned
          spin-off of the Jeans business of $51.3 million and $63.8 million
          for the three and nine months ended December 2018, respectively.
          Additionally, the costs include non-operating losses on sale related
          to the divestitures of the <i>Reef<sup>&#174;</sup> </i>brand and
          Van Moer business, totaling $4.5 million and $36.8 million in the
          three and nine months ended December 2018, respectively. The
          transaction and deal related costs resulted in a net tax benefit of
          $15.1 million and $26.3 million in the three and nine months ended
          December 2018, respectively.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          <sup>(b)</sup> Relocation and other restructuring costs for the
          three and nine months ended December 2018 primarily include costs
          associated with the relocation of VF&#8217;s global headquarters and
          certain brands to Denver, Colorado. The costs resulted in a net tax
          benefit of $1.6 million and $4.3 million for the three and nine
          months ended December 2018, respectively.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          <sup>(c)</sup> On December 22, 2017, the U.S. government enacted
          comprehensive tax legislation commonly referred to as the Tax Cuts
          and Jobs Act (&#8220;Tax Act&#8221;). Measurement period adjustments related to
          the provisional net charge were recorded during the three and nine
          months ended December 2018, resulting in net tax expense of $10.4
          million and $23.3 million for the respective periods.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          <sup>(d)</sup> The contribution from acquisitions represents the
          operating results of Williamson-Dickie through the one-year
          anniversary of the acquisition, the operating results of <i>Icebreaker<sup>&#174;</sup></i>
          beginning on the acquisition date of April 3, 2018 and the operating
          results of <i>Altra<sup>&#174; </sup></i>beginning on the
          acquisition date of June 1, 2018. The operating results of all
          acquisitions exclude transaction and deal related costs. The
          contribution from acquisitions resulted in tax expense of $1.9
          million and $13.5 million for the three and nine months ended
          December 2018, respectively.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          <sup>(e) </sup>The contribution from divestitures represents the
          operating results of the <i>Reef<sup>&#174;</sup> </i>brand and Van
          Moer business through the respective dates of sale for the three
          months ending December 2018. The operating results of all
          divestitures exclude transaction and deal related costs. The
          contribution from divestitures resulted in a tax benefit of $0.2
          million for the three and nine months ended December 2018.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          <sup>(f)</sup> Amounts shown in the table have been calculated using
          unrounded numbers. The diluted earnings per share impacts were
          calculated using 399,767,000 and 400,418,000 weighted average common
          shares for the three and nine months ended December 2018,
          respectively.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="bottom">
          <b>Non-GAAP Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          The financial information above has been presented on a GAAP basis,
          on an adjusted basis, which excludes the impact of transaction and
          deal related costs, relocation and other restructuring costs and the
          provisional impact of tax reform, and on an adjusted organic basis,
          which excludes the operating results of Williamson-Dickie (for the
          six months ended September 2018), <i>Icebreaker<sup>&#174;</sup></i>,<i>
          Altra<sup>&#174;</sup></i>, <i>Reef</i> <sup><i>&#174; </i></sup>(for
          the three months ending December 2018) and the Van Moer business
          (for the three months ending December 2018). Contribution from
          acquisitions and divestitures also excludes transaction and deal
          related costs. These adjusted presentations are non-GAAP measures.
          Management believes these measures provide investors with useful
          supplemental information regarding VF's underlying business trends
          and the performance of VF's ongoing operations and are useful for
          period-over-period comparisons of such operations.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="33" style="padding-left: 0.0px" valign="top">
          Management uses the above financial measures internally in its
          budgeting and review process and, in some cases, as a factor in
          determining compensation. While management believes that these
          non-GAAP financial measures are useful in evaluating the business,
          this information should be considered as supplemental in nature and
          should be viewed in addition to, and not in lieu of or superior to,
          VF's operating performance measures calculated in accordance with
          GAAP. In addition, these non-GAAP financial measures may not be the
          same as similarly titled measures presented by other companies.
        </td>
      </tr>
      <tr>
        <td colspan="33">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reconciliation of Select GAAP Measures to Non-GAAP Measures -
            Three and Nine Months Ended December 2017</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(In thousands, except per share amounts</b>)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black" valign="bottom">
          <b>Three Months Ended December 2017</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>As Reported</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>under GAAP</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Transaction and</b><br><b>Deal Related</b><br><b>Costs <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Impact of</b><br><b>Tax Act <sup>(b)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Adjusted</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Contribution</b><br><b>from</b><br><b>Divestitures <sup>(c)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Adjusted</b><br><b>Organic</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Revenues</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,649,283
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,649,283
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (26,838
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,622,445
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Gross profit</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,879,464
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,883,099
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (8,527
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,874,572
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>51.5</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>51.6</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>51.7</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          484,619
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          20,976
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          505,595
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,537
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          508,132
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>13.3</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>13.9</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>14.0</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted earnings per share from continuing operations <sup>(d)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (0.18
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.03
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.02
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black" valign="bottom">
          <b>Nine Months Ended December 2017</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>As Reported</b><br><b>under GAAP</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Transaction and</b><br><b>Deal Related</b><br><b>Costs <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Impact of</b><br><b>Tax Act <sup>(b)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Adjusted</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Contribution</b><br><b>from</b><br><b>Divestitures <sup>(c)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Adjusted</b><br><b>Organic</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Revenues</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          9,310,837
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          9,310,837
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (26,838
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          9,283,999
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Gross profit</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,709,501
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          3,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,713,136
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (8,527
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,704,609
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>50.6</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>50.6</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>50.7</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,219,822
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          25,865
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,245,687
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2,537
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,248,224
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>13.1</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>13.4</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>13.4</i>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted earnings per share from continuing operations <sup>(d)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.04
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1.17
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2.48
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          2.48
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="top">
          <sup>(a) </sup>Transaction and deal related costs include
          acquisition and integration costs related to the acquisition of
          Williamson-Dickie of $15.5 million and $20.4 million for the three
          and nine months ended December 2017, respectively. Also included in
          transaction and deal related costs for both the three and nine
          months ended December 2017 are $3.6 million of additional cost of
          goods sold recognized by Williamson-Dickie due to fair value
          inventory adjustments calculated as part of the purchase price
          accounting and $3.5 million of net benefit from the hedge of the
          purchase price and acquisition costs for the <i>Icebreaker<sup>&#174;</sup></i>
          acquisition. The transaction and deal related costs resulted in a
          net tax benefit of $2.0 million and $3.6 million in the three and
          nine months ended December 2017, respectively.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="top">
          <sup>(b)</sup> On December 22, 2017, the U.S. government enacted the
          Tax Act. The transitional impact of the Tax Act resulted in a
          provisional net charge of $465.5 million for the three and nine
          months ended December 2017.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="top">
          <sup>(c)</sup> The contribution from divestitures represents the
          operating results of the <i>Reef<sup>&#174;</sup> </i>brand and Van
          Moer business for the three months ending December 2017. The
          contribution from divestitures resulted in a tax benefit of $0.3
          million for the three and nine months ended December 2017.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="top">
          <sup>(d)</sup> Amounts shown in the table have been calculated using
          unrounded numbers. The diluted earnings per share impact was
          calculated using 400,378,000 and 399,425,000 weighted average common
          shares for the three and nine months ended December 2017,
          respectively.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="bottom">
          <b>Non-GAAP Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="top">
          The financial information above has been presented on a GAAP basis,
          on an adjusted basis which excludes the impact of tax reform and
          transaction and deal related expenses. and on an adjusted organic
          basis, which excludes the operating results of <i>Reef</i> <sup><i>&#174; </i></sup>and
          the Van Moer business (for the three months ending December 2017).
          These adjusted presentations are non-GAAP measures. Management
          believes these measures provide investors with useful supplemental
          information regarding VF's underlying business trends and the
          performance of VF's ongoing operations and are useful for
          period-over-period comparisons of such operations.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="25" style="padding-left: 0.0px" valign="top">
          Management uses the above financial measures internally in its
          budgeting and review process and, in some cases, as a factor in
          determining compensation. While management believes that these
          non-GAAP financial measures are useful in evaluating the business,
          this information should be considered as supplemental in nature and
          should be viewed in addition to, and not in lieu of or superior to,
          VF's operating performance measures calculated in accordance with
          GAAP. In addition, these non-GAAP financial measures may not be the
          same as similarly titled measures presented by other companies.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Top 5 Brand Revenue Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Three Months Ended December 2018</b>
        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Nine Months Ended December 2018</b>
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black" valign="bottom">
          <b>Top 5 Brand Revenue Growth</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Americas</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>EMEA</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>APAC</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Global</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Americas</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>EMEA</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>APAC</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black" valign="bottom">
          <b>Global</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <i><b>Vans<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          28%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          37%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          25%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          33%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          13%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          32%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          28%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          29%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          10%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          41%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          27%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          33%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          13%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          32%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          29%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <i><b>The North Face<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          13%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          10%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          15%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          12%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          27%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          16%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          17%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          10%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <i><b>Timberland<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (5)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (3)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          1%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          3%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (3)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          0%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          3%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          4%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (1)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          1%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <i><b>Wrangler<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (1)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (6)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (10)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (8)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (8)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (1)%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (1)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          2%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (8)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          1%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <i><b>Lee<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (13)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (6)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          4%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (9)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (9)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (4)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (6)%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (12)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (2)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          9%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (7)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (8)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (4)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          2%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (5)%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          *Refer to constant currency definition on previous pages.
        </td>
      </tr>
      <tr>
        <td colspan="9">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>VF CORPORATION</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental Financial Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Geographic and Channel Revenue Information</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Three Months Ended December 2018</b>
        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Nine Months Ended December 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>% Change</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency*</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Organic <sup>(a)</sup></b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency and</b><br><b>Organic*<sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>% Change</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency*</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Organic <sup>(a)</sup></b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency and</b><br><b>Organic*<sup>(a)</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Geographic Revenue Growth</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>U.S.</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>10%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>10%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>9%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>9%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>15%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>15%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>9%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>9%</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          EMEA
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          2%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          1%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          4%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          6%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          APAC
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          17%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          12%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          16%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          10%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          China
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          25%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          26%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          19%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Americas (non-U.S.)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          3%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          11%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          (1)%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          21%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          2%
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          9%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>International</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>5%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>9%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>4%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>8%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>13%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>15%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>6%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>7%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Three Months Ended December 2018</b>
        </td>
        <td>

        </td>
        <td colspan="7" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>Nine Months Ended December 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>% Change</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency*</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Organic <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency and</b><br><b>Organic*<sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>% Change</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency*</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Organic <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change</b><br><b>Constant</b><br><b>Currency and</b><br><b>Organic*<sup>(a)</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Channel Revenue Growth</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>Wholesale<sup> (b)</sup></b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>6%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>8%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>6%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>7%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>14%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>14%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>6%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>6%</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>Direct-to-consumer</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>10%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>12%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>9%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>11%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>16%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>16%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>12%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>13%</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Digital</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>24%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>26%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>21%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>23%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>36%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>36%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>26%</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          <b>26%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>As of December</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2018 <sup>(c)</sup></b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-style: solid; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; white-space: nowrap" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>DTC Store Count</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>1,552</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>1,518</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="bottom">
          *Refer to constant currency definition on previous pages.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="top">
          <sup>(a)</sup> Excludes acquisitions representing the operating
          results of <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>
          for the three and nine months ended December 2018 and the operating
          results of Williamson-Dickie for the six months ended September
          2018. The change also excludes divestitures representing the
          operating results of <i>Reef<sup>&#174;</sup></i> and the Van Moer
          business, through the respective dates of sale, for the three months
          ended December 2018, and for the three months ended December 2017.
          Refer to Non-GAAP financial information on &quot;Reconciliation of Select
          GAAP Measures to Non-GAAP Measures - Three and Nine Months Ended
          December 2018&quot; page for additional information.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="top">
          <sup>(b) </sup>Royalty revenues are included in the wholesale
          channel for all periods.
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-left: 0.0px; text-align: left" valign="top">
          <sup>(c)</sup> The December 2018 DTC store count includes 34 <i>Icebreaker<sup><b>&#174;
          </b></sup></i>and <i>Altra<sup><b>&#174;</b></sup></i> stores.
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br><u><b>VF Corporation</b></u><br>Joe Alkire, 336-424-7711<br>Vice
      President, Corporate Development, Investor Relations and<br>Financial
      Planning &amp; Analysis<br>or<br>Craig Hodges, 336-424-5636<br>Vice
      President, Corporate Affairs
    </p>
    <p>

    </p>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
