XML 38 R21.htm IDEA: XBRL DOCUMENT
v3.25.1

SUPPLY CHAIN FINANCING PROGRAM | 12 Months Ended
--- | ---
Mar. 29, 2025
Receivables [Abstract] |
SUPPLY CHAIN FINANCING PROGRAM | SUPPLY CHAIN FINANCING PROGRAM VF facilitates a voluntary supply chain finance ("SCF") program that enables a significant portion of our inventory suppliers to leverage VF's credit rating to receive payment from participating financial institutions prior to the payment date specified in the terms between VF and the supplier. The SCF program is administered through third-party platforms that allow participating suppliers to track payments from VF and elect which receivables, if any, to sell to the financial institutions. The transactions are at the sole discretion of both the suppliers and financial institutions, and VF is not a party to the agreements and has no economic interest in the supplier's decision to sell a receivable. The terms between VF and the supplier, including the amount due and scheduled payment terms (which are generally within 90 days of the invoice date), are not impacted by a supplier's participation in the SCF program. All amounts due to suppliers that are eligible to participate in the SCF program are included in the accounts payable line item in VF's Consolidated Balance Sheets and VF payments made under the SCF program are reflected in cash flows from operating activities in VF's Consolidated Statements of Cash Flows. At March 2025 and 2024, the accounts payable line item in VF's Consolidated Balance Sheets included total outstanding obligations of $481.7 million and $485.0 million, respectively, due to suppliers that are eligible to participate in the SCF program. The following table presents a rollforward of total outstanding obligations due to suppliers that are eligible to participate in the SCF program:
(In thousands) |  |
Balance, March 2024 | $ | 484,983 |  |
Invoices confirmed during the year | 3,117,901 |  |
Confirmed invoices paid during the year | (3,121,334) |  |
Impact of foreign currency | 102 |  |
Balance, March 2025 | $ | 481,652 |  |

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Supply Chain Financing Program + References No definition available. + Details
Name: | vfc_SupplyChainFinancingProgramTextBlock
Namespace Prefix: | vfc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration