XML 72 R61.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Business Segment Information - Components of Restructuring and Other Action-Related Charges (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 29, 2024 | Jul. 01, 2023 | Jun. 29, 2024 | Jul. 01, 2023
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Loss on extinguishment of debt |  |  | $ 0 | $ 8,466
Operating profit (loss) |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | $ 189,255 | $ 16,695 | 204,224 | 19,704
Operating profit (loss) | Supply chain restructuring and consolidation |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 156,807 | 236 | 158,914 | 1,752
Operating profit (loss) | Corporate asset impairment charges |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 20,107 | 0 | 20,107 | 0
Operating profit (loss) | Headcount actions and related severance |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 6,911 | 2,760 | 19,098 | 1,889
Operating profit (loss) | Professional services |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 3,544 | 3,608 | 4,034 | 3,648
Operating profit (loss) | Technology |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 218 | 2,881 | 399 | 7,102
Operating profit (loss) | Loss on classification of assets held for sale | U.S. Sheer Hosiery business |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 0 | 7,338 | 0 | 5,199
Operating profit (loss) | Other |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 1,668 | (128) | 1,672 | 114
Other expenses |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 0 | 0 | 0 | 8,350
Other expenses | Cross-currency swap contract |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Loss from Continuing Operations | 0 | 0 | 0 | (116)
Other expenses | Redemption of 4.625% Senior Notes and 3.5% Senior Notes |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Loss on extinguishment of debt | 0 | 0 | 0 | 8,466
Interest expense, net |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 0 | 0 | 0 | (1,254)
Interest expense, net | Cross-currency swap contract |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Loss from Continuing Operations | 0 | 0 | 0 | (1,254)
Total included in income (loss) from continuing operations before income taxes |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 189,255 | 16,695 | 204,224 | 26,800
Income tax expense |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 0 | 0 | 0 | 0
Income tax expense | Tax effect on actions |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | 0 | 0 | 0 | 0
Total restructuring and other action-related charges included in loss from continuing operations |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |
Restructuring and other action-related charges | $ 189,255 | $ 16,695 | $ 204,224 | $ 26,800

X
- Definition Restructuring and other action-related charges which have been expensed during the period. + References No definition available. + Details
Name: | hbi_Restructuringandotheractionrelatedcharges
Namespace Prefix: | hbi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481303/470-50-40-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481303/470-50-40-4 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OperatingIncomeLossMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_SupplyChainRestructuringAndConsolidationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_CorporateAssetImpairmentChargesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_HeadcountActionsAndRelatedSeveranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_ProfessionalServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_TechnologyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_GainLossOnClassificationOfAssetsHeldForSaleDisposalGroupNotDiscontinuedOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=hbi_USSheerHosieryBusinessMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_OtherRestructuringCostsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OtherExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hbi_RedemptionOf4625SeniorNotesAnd35SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_InterestExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=hbi_IncomeLossFromContinuingOperationsBeforeIncomeTaxExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=hbi_IncometaxesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_TypeOfRestructuringOrOtherActionRelatedChargeAxis=hbi_TaxEffectOnActionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=hbi_IncomeLossFromContinuingOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |