Quarterly report pursuant to Section 13 or 15(d)

Recently Adopted Accounting Standards

v2.4.0.8
Recently Adopted Accounting Standards
 3 Months Ended
Mar. 29, 2014
Recently Adopted Accounting Standards

Note O – Recently Adopted Accounting Standards

In July 2013, the FASB issued an update to their accounting guidance which requires unrecognized tax benefits to be netted with net operating loss or tax credit carryforwards in the balance sheet if specific criteria are met. The guidance became effective for VF in the first quarter of 2014, but did not have an impact on VF’s consolidated financial statements.