XML 108 R91.htm IDEA: XBRL DOCUMENT
v3.22.1

LONG-TERM DEBT - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands | Apr. 02, 2022 | Dec. 31, 2021 | Apr. 03, 2021 | Apr. 30, 2020 | Feb. 29, 2020
--- | --- | --- | --- | --- | ---
Debt Instrument [Line Items] |  |  |  |  |
Finance leases | $ 18,289 |  | $ 19,311 |  |
Total long-term debt | 5,085,312 |  | 5,710,172 |  |
Less current portion | 501,051 |  | 1,023 |  |
Long-term debt, due beyond one year | $ 4,584,261 |  | 5,709,149 |  |
2.050% notes, due 2022 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 2.05% | 2.05% |  | 2.05% |
Long-term debt | $ 499,910 |  | 997,584 |  |
0.625% notes, due 2023 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 0.625% |  |  |  |
Long-term debt | $ 936,824 |  | 996,934 |  |
2.400% notes, due 2025 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 2.40% |  |  | 2.40% |
Long-term debt | $ 745,517 |  | 744,136 |  |
2.800% notes, due 2027 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 2.80% |  |  | 2.80% |
Long-term debt | $ 496,410 |  | 495,763 |  |
0.250% notes, due 2028 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 0.25% |  |  |  | 0.25%
Long-term debt | $ 546,516 |  | 581,323 |  |
2.950% notes, due 2030 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 2.95% |  |  | 2.95% |
Long-term debt | $ 743,528 |  | 742,831 |  |
0.625% notes, due 2032 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 0.625% |  |  |  | 0.625%
Long-term debt | $ 542,247 |  | 576,722 |  |
6.00% notes, due 2033 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 6.00% |  |  |  |
Long-term debt | $ 271,505 |  | 271,155 |  |
6.45% notes, due 2037 | Senior Notes |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Debt instrument, stated interest rate | 6.45% |  |  |  |
Long-term debt | $ 284,566 |  | $ 284,413 |  |

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

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

X
- Definition Present value of lessee's discounted obligation for lease payments from finance lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123391704&loc=SL77918627-209977 + Details
Name: | us-gaap_FinanceLeaseLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt and lease obligation, classified as noncurrent. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt and lease obligation, classified as current. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt and lease obligation, including portion classified as current. + References No definition available. + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A2.050notesdue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A0.625notesdue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A2.400notesdue2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A2.800notesdue2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A0.250notesdue2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A2.950notesdue2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A0.625notesdue2032Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A6.00notesdue2033Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_A6.45notesdue2037Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |