XML 106 R89.htm IDEA: XBRL DOCUMENT
v3.22.1

SHORT-TERM BORROWINGS - Narrative (Details) - USD ($) | 1 Months Ended |  |  |
--- | --- | --- | --- | ---
Nov. 30, 2021 | Apr. 02, 2022 | Oct. 31, 2021 | Apr. 03, 2021
Short-term Debt [Line Items] |  |  |  |
Ratio of consolidated indebtedness to consolidated capitalization, 2023 | 70.00% |  |  |
Ratio of consolidated indebtedness to consolidated capitalization, 2024 | 65.00% |  |  |
Ratio of consolidated indebtedness to consolidated capitalization, thereafter | 60.00% |  |  |
Commercial paper borrowings |  | $ 330,000,000 |  | $ 0
Commercial Paper |  |  |  |
Short-term Debt [Line Items] |  |  |  |
Commercial paper borrowings |  | $ 330,000,000 |  | 0
Weighted average interest rate |  | 0.64% |  |
Global Credit Facility |  |  |  |
Short-term Debt [Line Items] |  |  |  |
Debt capacity | $ 2,250,000,000 |  | $ 2,250,000,000 |
Extension period | 1 year |  |  |
Remaining life limit | 5 years |  |  |
Credit facility fee | 9.00% |  |  |
Credit facility amount available for borrowing |  | $ 1,900,000,000 |  | 2,200,000,000
Global Credit Facility | LIBOR |  |  |  |
Short-term Debt [Line Items] |  |  |  |
Debt instrument basis spread on variable rate | 91.00% |  |  |
Global Credit Facility | Letter of Credit |  |  |  |
Short-term Debt [Line Items] |  |  |  |
Debt capacity | $ 75,000,000 |  |  |
Letter of credit, outstanding |  | 24,300,000 |  | 24,100,000
Global Credit Facility | Commercial Paper |  |  |  |
Short-term Debt [Line Items] |  |  |  |
Debt capacity |  | 2,250,000,000 |  |
International Lending Agreements |  |  |  |
Short-term Debt [Line Items] |  |  |  |
Debt capacity |  | 55,700,000 |  |
Letter of credit, outstanding |  | $ 5,500,000 |  | $ 11,100,000
Weighted average interest rate of international bank borrowings |  | 26.00% |  | 11.00%

X
- Definition Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days. + References Reference 1: 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(13)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 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(a)(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(19)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommercialPaper
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + 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 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + 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 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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_ShortTermDebtLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of short-term debt outstanding calculated at point in time. + 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 210.5-02.19(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ShortTermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of Credit Facility, Extension Period + References No definition available. + Details
Name: | vfc_LineofCreditFacilityExtensionPeriod
Namespace Prefix: | vfc_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of Credit Facility, Remaining Life Limit + References No definition available. + Details
Name: | vfc_LineofCreditFacilityRemainingLifeLimit
Namespace Prefix: | vfc_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum, After Year Two + References No definition available. + Details
Name: | vfc_RatioOfConsolidatedIndebtednessToConsolidatedCapitalizationMaximumAfterYearTwo
Namespace Prefix: | vfc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum, Year 1 + References No definition available. + Details
Name: | vfc_RatioOfConsolidatedIndebtednessToConsolidatedCapitalizationMaximumYear1
Namespace Prefix: | vfc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum, Year Two + References No definition available. + Details
Name: | vfc_RatioOfConsolidatedIndebtednessToConsolidatedCapitalizationMaximumYearTwo
Namespace Prefix: | vfc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=us-gaap_CommercialPaperMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_GlobalCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=us-gaap_LetterOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=vfc_InternationalLendingAgreementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |