XML 117 R100.htm IDEA: XBRL DOCUMENT
v3.22.1

RETIREMENT AND SAVINGS BENEFIT PLANS - Fair Value of Investments Held by Defined Benefit Plan (Details) - Pension Plan - USD ($) $ in Thousands | Apr. 02, 2022 | Apr. 03, 2021 | Mar. 28, 2020
--- | --- | --- | ---
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | $ 1,643,435 | $ 1,755,414 | $ 1,712,775
Level 1, 2 and 3 |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 91,527 | 87,460 |
Level 1, 2 and 3 | Cash equivalents |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 5,761 | 7,410 |
Level 1, 2 and 3 | U.S. Treasury and government agencies |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 4 | 5 |
Level 1, 2 and 3 | Insurance contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 88,574 | 84,497 |
Level 1, 2 and 3 | Futures contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | (2,812) | (4,452) |
Level 1 |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 2,949 | 2,958 |
Level 1 | Cash equivalents |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 5,761 | 7,410 |
Level 1 | U.S. Treasury and government agencies |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 1 | Insurance contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 1 | Futures contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | (2,812) | (4,452) |
Level 2 |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 88,578 | 84,502 |
Level 2 | Cash equivalents |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 2 | U.S. Treasury and government agencies |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 4 | 5 |
Level 2 | Insurance contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 88,574 | 84,497 |
Level 2 | Futures contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 3 |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 3 | Cash equivalents |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 3 | U.S. Treasury and government agencies |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 3 | Insurance contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Level 3 | Futures contracts |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 0 | 0 |
Plan assets measured at net asset value |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 1,551,908 | 1,667,954 |
Plan assets measured at net asset value | Cash equivalents |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 73,849 | 78,191 |
Plan assets measured at net asset value | Domestic |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 94,844 | 96,509 |
Plan assets measured at net asset value | International |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 77,468 | 88,488 |
Plan assets measured at net asset value | Corporate and international bonds |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | 1,177,421 | 1,240,551 |
Plan assets measured at net asset value | Alternative investments |  |  |
Defined Benefit Plan Disclosure [Line Items] |  |  |
Plan assets | $ 128,326 | $ 164,215 |

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_DefinedBenefitPlanDisclosureLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(01) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(01) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(ii) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(02) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(ii) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel12And3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanCashAndCashEquivalentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_USTreasuryAndGovernmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=vfc_InsuranceContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_FutureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueMeasuredAtNetAssetValuePerShareMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanEquitySecuritiesUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanEquitySecuritiesNonUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=vfc_CorporateGovernmentAndForeignBondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=vfc_AlternativeInvestmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |