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

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

SHORT-TERM BORROWINGS - Additional Information (Details)

v3.24.1.1.u2

SHORT-TERM BORROWINGS - Additional Information (Details) - USD ($)	12 Months Ended
	Mar. 30, 2024	Jul. 01, 2023	Apr. 01, 2023
Short-term Debt [Line Items]
Ratio of consolidated indebtedness to consolidated capitalization, 2024	70.00%
Ratio of consolidated indebtedness to consolidated capitalization, 2025	65.00%
Ratio of consolidated indebtedness to consolidated capitalization, thereafter	60.00%
Commercial paper borrowings	$ 250,000,000		$ 0
Global Credit Facility
Short-term Debt [Line Items]
Debt capacity	$ 2,250,000,000	$ 2,250,000,000
Extension period (in years)	1 year
Remaining life limit (in years)	5 years
Credit facility fee	0.15%
Credit facility amount available for borrowing	$ 2,000,000,000		2,200,000,000
Global Credit Facility \| SOFR or EURIBOR
Short-term Debt [Line Items]
Debt instrument basis spread on variable rate	1.225%
Global Credit Facility \| Secure Overnight Financing Rate (SOFR)
Short-term Debt [Line Items]
Debt instrument basis spread on variable rate	0.225%
Global Credit Facility \| Letter of Credit
Short-term Debt [Line Items]
Debt capacity	$ 75,000,000
Line of credit	0		0
Letter of credit, outstanding	600,000		7,700,000
Global Credit Facility \| Commercial Paper
Short-term Debt [Line Items]
Debt capacity	2,250,000,000
U.S. Commercial Paper Program \| Commercial Paper
Short-term Debt [Line Items]
Commercial paper borrowings	$ 250,000,000		0
Weighted average interest rate	6.40%
Euro Commercial Paper \| Commercial Paper
Short-term Debt [Line Items]
Commercial paper borrowings	$ 0
International Lending Agreements
Short-term Debt [Line Items]
Debt capacity	81,200,000
Letter of credit, outstanding	$ 13,900,000		$ 11,500,000
Weighted average interest rate of international bank borrowings	51.60%		39.10%

- Definition

Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

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Weighted average interest rate of debt outstanding.

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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

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- Definition

The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used.

+ References

No definition available.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).

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- Definition

The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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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.

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- Definition

Line Of Credit Facility, Extension Period

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- Definition

Line Of Credit Facility, Remaining Life Limit

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- Definition

Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum, After Year Two

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Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum, Year 1

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Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum, Year Two

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