XML 73 R62.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Business Segment Information - Restructuring and Other Action-Related Charges - Additional Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 29, 2024 | Jul. 01, 2023 | Jun. 29, 2024 | Jul. 01, 2023 | Dec. 30, 2023
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Loss on classification of assets held for sale |  |  | $ 51,071 | $ 5,199 |
Loss on extinguishment of debt |  |  | 0 | 8,466 |
Employee termination and other benefits |  |  | 61,338 |  |
Employee termination and other benefit payments and other related adjustments |  |  | 13,044 |  |
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) | 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 |
Cost of sales |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 88,621 | 236 | 88,824 | 1,752 |
Cost of sales | Supply chain restructuring and consolidation |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 78,226 |  | 78,226 |  |
Cost of sales | Supply chain restructuring and consolidation | Inventory SKU rationalization |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 48,000 |  | 48,000 |  |
Cost of sales | Supply chain restructuring and consolidation | Severance and related employee actions for impacted supply chain facilities |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 26,000 |  | 26,000 |  |
Cost of sales | Corporate asset impairment charges | Impairment related to a contract termination |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 10,395 |  | 10,395 |  |
Selling, general and administrative expenses |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 100,634 | 16,459 | 115,400 | 17,952 |
Selling, general and administrative expenses | Supply chain restructuring and consolidation |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 78,581 |  | 78,581 |  |
Selling, general and administrative expenses | Supply chain restructuring and consolidation | Impairment of owned and leased facilities |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 72,047 |  | 72,047 |  |
Selling, general and administrative expenses | Corporate asset impairment charges | Impairment of owned and leased facilities |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Restructuring and other action-related charges | 9,712 |  | 9,712 |  |
Selling, general and administrative expenses | Loss on classification of assets held for sale | Continuing Operations, Disposal Group, Held-for-sale | U.S. Sheer Hosiery business |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Loss on classification of assets held for sale |  | 7,338 |  | 5,199 |
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 Net Income (Loss) | 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 |
Write off of deferred debt issuance cost |  |  |  | 3,834 |
Other expenses | Redemption of 3.5% Senior Notes |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Redemption premium |  |  |  | 4,632 |
Write off of deferred debt issuance cost |  |  |  | 1,654 |
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 Net Income (Loss) | 0 | $ 0 | 0 | $ 1,254 |
Accrued liabilities |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Other employee-related liabilities, current | $ 59,184 |  | 59,184 |  | $ 10,890
Continuing Operations |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Employee termination and other benefits |  |  | 48,737 |  |
Continuing Operations | Cost of sales |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Employee termination and other benefits |  |  | 26,000 |  |
Continuing Operations | Selling, general and administrative expenses |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Employee termination and other benefits |  |  | 22,737 |  |
Discontinued Operations | Income (loss) from discontinued operations, net of tax |  |  |  |  |
Segment Reporting, Other Significant Reconciling Item [Line Items] |  |  |  |  |
Employee termination and other benefits |  |  | $ 12,601 |  |

X
- Definition Employee termination and other benefit payments and other related adjustments + References No definition available. + Details
Name: | hbi_EmployeeTerminationAndOtherBenefitPaymentsAndOtherRelatedAdjustments
Namespace Prefix: | hbi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount before tax of (gain) loss recognized on sale of business and for the (reversal of write-down) write-down to fair value, less cost to sell, of a disposal group + References No definition available. + Details
Name: | hbi_GainLossOnSaleOfBusinessAndClassificationOfAssetsHeldForSale
Namespace Prefix: | hbi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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 Amount of obligations incurred for employer-related costs classified as other, payable within one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(20)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_OtherEmployeeRelatedLiabilitiesCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The excess of the (1) fair value of consideration transferred to the holders of a security in excess of (2) the carrying amount of the security reported on the registrant's balance sheet, which will be deducted from net earnings to derive net earnings available to common shareholders. This amount is generally an adjustment considered in the computation of earnings per share. + References No definition available. + Details
Name: | us-gaap_RedemptionPremium
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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
- Definition Amount of expenses for special or contractual termination benefits provided to current employees involuntarily terminated under a benefit arrangement associated exit or disposal activities pursuant to an authorized plan. Excludes expenses related to one-time termination benefits, a discontinued operation or an asset retirement obligation. + 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 + Details
Name: | us-gaap_SeveranceCosts1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_WriteOffOfDeferredDebtIssuanceCost
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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_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: | us-gaap_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_SupplyChainRestructuringAndConsolidationAxis=hbi_InventorySKURationalizationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_SupplyChainRestructuringAndConsolidationAxis=us-gaap_EmployeeSeveranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_CorporateAssetImpairmentChargesAxis=hbi_ImpairmentRelatedToAContractTerminationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | hbi_SupplyChainRestructuringAndConsolidationAxis=hbi_ImpairmentOfOwnedAndLeasedFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | hbi_CorporateAssetImpairmentChargesAxis=hbi_ImpairmentOfOwnedAndLeasedFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DisposalGroupClassificationAxis=us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
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_DebtInstrumentAxis=hbi_RedemptionOf35SeniorNotesMember
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_BalanceSheetLocationAxis=us-gaap_AccruedLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentContinuingOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentDiscontinuedOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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