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LEASES
6 Months Ended
Sep. 27, 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 cost and gains recognized from sale leaseback transactions. The components of lease cost were as follows:
Three Months Ended SeptemberSix Months Ended September
(In thousands)2025202420252024
Operating lease cost$103,037 $103,942 $201,465 $204,553 
Other lease cost32,292 30,863 67,205 53,110 
Total lease cost$135,329 $134,805 $268,670 $257,663 
During the six months ended September 2024, the Company entered into a sale leaseback transaction for certain warehouse real estate and related assets. The transaction qualified as a sale, and thus the Company recognized a gain of $15.5 million in the selling, general and administrative ("SG&A") expenses line item in VF's Consolidated Statement of Operations for the six months ended September 2024.
During the six months ended September 2025 and 2024, the Company paid $207.8 million and $211.8 million for operating leases, respectively. During the six months ended September 2025 and 2024, the Company obtained $223.8 million and $227.9 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 cost and gains recognized from sale leaseback transactions. The components of lease cost were as follows:
Three Months Ended SeptemberSix Months Ended September
(In thousands)2025202420252024
Operating lease cost$103,037 $103,942 $201,465 $204,553 
Other lease cost32,292 30,863 67,205 53,110 
Total lease cost$135,329 $134,805 $268,670 $257,663 
During the six months ended September 2024, the Company entered into a sale leaseback transaction for certain warehouse real estate and related assets. The transaction qualified as a sale, and thus the Company recognized a gain of $15.5 million in the selling, general and administrative ("SG&A") expenses line item in VF's Consolidated Statement of Operations for the six months ended September 2024.
During the six months ended September 2025 and 2024, the Company paid $207.8 million and $211.8 million for operating leases, respectively. During the six months ended September 2025 and 2024, the Company obtained $223.8 million and $227.9 million of right-of-use assets in exchange for lease liabilities, respectively.