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LEASES | 3 Months Ended
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Jun. 28, 2025
Leases [Abstract] |
LEASES | LEASES The Company leases certain retail locations, office space, distribution facilities, machinery and equipment, and vehicles. The substantial majority of these leases are operating leases. Total lease cost includes operating lease cost, variable lease cost, finance lease cost, short-term lease co st a nd gain recognized from a sale leaseback transaction. The components of lease cost were as follows:
|  | Three Months Ended June |
(In thousands) |  | 2025 |  |  | 2024 |
Operating lease cost |  | $ | 98,428 |  |  |  | $ | 100,611 |  |
Other lease cost |  | 34,913 |  |  |  | 22,247 |  |
Total lease cost |  | $ | 133,341 |  |  |  | $ | 122,858 |  |
During the three months ended June 2024, the Company entered int o a sale leaseback transaction for certain warehouse real estate and related assets. The transaction qualified as a sale, and thus the Company reco gnized a ga in of $15.5 million in the selling, general and administrative ("SG&A") expenses line item in VF's Consolidated Statement of Operations for the three months ended June 2024. During the three months ended June 2025 and 2024, the Company paid $100.0 million and $99.8 million for operating leases, respectively. During the three months ended June 2025 and 2024, the Company obtained $104.6 million and $100.9 million of right-of-use assets in exchange for lease liabilities, respectively.
LEASES | LEASES The Company leases certain retail locations, office space, distribution facilities, machinery and equipment, and vehicles. The substantial majority of these leases are operating leases. Total lease cost includes operating lease cost, variable lease cost, finance lease cost, short-term lease co st a nd gain recognized from a sale leaseback transaction. The components of lease cost were as follows:
|  | Three Months Ended June |
(In thousands) |  | 2025 |  |  | 2024 |
Operating lease cost |  | $ | 98,428 |  |  |  | $ | 100,611 |  |
Other lease cost |  | 34,913 |  |  |  | 22,247 |  |
Total lease cost |  | $ | 133,341 |  |  |  | $ | 122,858 |  |
During the three months ended June 2024, the Company entered int o a sale leaseback transaction for certain warehouse real estate and related assets. The transaction qualified as a sale, and thus the Company reco gnized a ga in of $15.5 million in the selling, general and administrative ("SG&A") expenses line item in VF's Consolidated Statement of Operations for the three months ended June 2024. During the three months ended June 2025 and 2024, the Company paid $100.0 million and $99.8 million for operating leases, respectively. During the three months ended June 2025 and 2024, the Company obtained $104.6 million and $100.9 million of right-of-use assets in exchange for lease liabilities, respectively.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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