VF Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)

12 Months Ended

Apr. 01, 2023


(In thousands)	March 2023		March 2022
2.050% notes, due April 2022 ("2022 notes")	$	—	$	499,910
0.625% notes, due September 2023 ("2023 notes")	923,354		936,824
Delayed Draw Term Loan Agreement, due December 2024	999,269		—
2.400% notes, due April 2025 ("2025 notes")	746,933		745,517
4.125% notes, due March 2026 ("2026 notes")	539,121		—
2.800% notes, due April 2027 ("2027 notes")	497,029		496,410
0.250% notes, due February 2028 ("2028 notes")	538,923		546,516
4.250% notes, due March 2029 ("2029 notes")	537,809		—
2.950% notes, due April 2030 ("2030 notes")	744,246		743,528
0.625% notes, due February 2032 ("2032 notes")	534,763		542,247
6.000% notes, due October 2033 ("2033 notes")	271,869		271,505
6.450% notes, due November 2037 ("2037 notes")	284,765		284,566
Finance leases	17,238		18,289
Total long-term debt	6,635,319		5,085,312
Less current portion	924,305		501,051
Long-term debt, due beyond one year	$	5,711,014	$	4,584,261

Scheduled Payments of Long-term Debt

The scheduled payments of long-term debt, excluding finance leases (Note 10), at the end of Fiscal 2023 for the next five fiscal years and thereafter are summarized as follows:


(In thousands)	Notes and Other
2024	$	923,586
2025	1,000,000
2026	1,293,450
2027	—
2028	1,043,450
Thereafter	2,400,827
	6,661,313
Less unamortized debt discount	17,869
Less unamortized debt issuance costs	25,363

Total long-term debt	6,618,081
Less current portion	923,354
Long-term debt, due beyond one year	$	5,694,727

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details