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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Dec. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Derivatives on Individual Contract Basis
The following table presents outstanding derivatives on an individual contract basis:
 Fair Value of Derivatives
with Unrealized Gains		Fair Value of Derivatives
with Unrealized Losses
(In thousands)December 2023March 2023December 2022December 2023March 2023December 2022
Derivatives Designated as Hedging Instruments:
Foreign exchange contracts$13,901 $46,752 $80,435 $(63,897)$(71,052)$(58,455)
Interest rate contracts1,737 — 422 — (1,140)— 
Total derivatives designated as hedging instruments15,638 46,752 80,857 (63,897)(72,192)(58,455)
Derivatives Not Designated as Hedging Instruments:
Foreign exchange contracts 166 2,936 4,061 (803)(461)(321)
Total derivatives
$15,804 $49,688 $84,918 $(64,700)$(72,653)$(58,776)
Schedule of Derivative Assets and Liabilities Presented in Consolidated Balance Sheet Adjusted from Current Gross If VF were to offset and record the asset and liability balances on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets would be adjusted from the current gross presentation to the net amounts as detailed in the following table:
 December 2023March 2023December 2022
(In thousands)Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability
Gross amounts presented in the Consolidated Balance Sheets
$15,804 $(64,700)$49,688 $(72,653)$84,918 $(58,776)
Gross amounts not offset in the Consolidated Balance Sheets
(15,011)15,011 (26,470)26,470 (24,024)24,024 
Net amounts
$793 $(49,689)$23,218 $(46,183)$60,894 $(34,752)
Schedule of Derivative Assets and Liabilities Presented in Consolidated Balance Sheet Adjusted from Current Gross If VF were to offset and record the asset and liability balances on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets would be adjusted from the current gross presentation to the net amounts as detailed in the following table:
 December 2023March 2023December 2022
(In thousands)Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability
Gross amounts presented in the Consolidated Balance Sheets
$15,804 $(64,700)$49,688 $(72,653)$84,918 $(58,776)
Gross amounts not offset in the Consolidated Balance Sheets
(15,011)15,011 (26,470)26,470 (24,024)24,024 
Net amounts
$793 $(49,689)$23,218 $(46,183)$60,894 $(34,752)
Schedule of Derivatives Classified as Current or Noncurrent Based on Maturity Dates
Derivatives are classified as current or noncurrent based on maturity dates, as follows:
(In thousands)December 2023March 2023December 2022
Derivative InstrumentsBalance Sheet Location
Foreign exchange contractsOther current assets$12,261 $48,132 $79,862 
Foreign exchange contractsAccrued liabilities(55,562)(59,995)(42,274)
Foreign exchange contractsOther assets1,806 1,556 4,634 
Foreign exchange contractsOther liabilities(9,138)(11,518)(16,502)
Interest rate contractsOther current assets1,737 — — 
Interest rate contractsOther assets— — 422 
Interest rate contractsOther liabilities— (1,140)— 
Schedule of Effects of Cash Flow Hedging included in Consolidated Statements of Income and Consolidated Statements of Comprehensive Income The effects of cash flow hedging included in VF’s Consolidated Statements of Comprehensive Income (Loss) and Consolidated Statements of Operations are summarized as follows:
(In thousands)
Gain (Loss) on Derivatives
Recognized in Accumulated OCL
Three Months Ended December
Gain (Loss) on Derivatives
Recognized in Accumulated OCL
Nine Months Ended December
Cash Flow Hedging Relationships2023202220232022
Foreign exchange contracts$(71,398)$(120,057)$(42,049)$82,058 
Interest rate contracts(1,977)422 5,829 422 
Total$(73,375)$(119,635)$(36,220)$82,480 
(In thousands)
Gain (Loss) Reclassified from Accumulated OCL into Net Income (Loss)
Three Months Ended December
Gain (Loss) Reclassified from Accumulated OCL into Net Income (Loss)
Nine Months Ended December
Cash Flow Hedging RelationshipsLocation of Gain (Loss) 2023202220232022
Foreign exchange contractsNet revenues$(794)$782 $(220)$(9,173)
Foreign exchange contractsCost of goods sold(2,697)33,816 14,777 68,830 
Foreign exchange contractsSelling, general and administrative expenses833 1,816 3,141 5,380 
Foreign exchange contractsOther income (expense), net536 (3,536)(725)(9,065)
Interest rate contractsInterest expense1,210 27 3,033 81 
Total$(912)$32,905 $20,006 $56,053