DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Jun. 27, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations Presented in Financial Statements

The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented:

(In thousands)	June 2020		March 2020		June 2019
Cash and equivalents	$	42,986	$	39,752	$	45,198
Accounts receivable, net	64,065		83,650		94,923
Inventories	258,632		294,000		283,619
Other current assets	10,027		6,701		8,168
Property, plant and equipment, net	46,697		44,863		38,571
Intangible assets, net	54,471		54,471		63,404
Goodwill	43,530		43,530		49,630
Operating lease right-of-use assets	39,452		38,941		34,121
Other assets	5,275		5,231		4,534
Total assets of discontinued operations	$	565,135	$	611,139	$	622,168
Accounts payable	$	27,810	$	63,380	$	80,842
Accrued liabilities	31,134		29,699		31,585
Operating lease liabilities	34,462		35,867		32,082
Other liabilities	2,284		2,270		3,442
Deferred income tax liabilities (a)	(4,407)		(4,435)		(10,248)
Total liabilities of discontinued operations	$	91,283	$	126,781	$	137,703

(a)Deferred income tax balances reflect VF's consolidated netting by jurisdiction