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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 3 Months Ended
Jun. 29, 2024
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)June 2024March 2024June 2023June 2024March 2024June 2023
Derivatives Designated as Hedging Instruments:
Foreign exchange contracts$38,160 $29,657 $27,902 $(27,436)$(39,639)$(74,050)
Interest rate contracts1,690 2,335 4,582 — — — 
Total derivatives designated as hedging instruments39,850 31,992 32,484 (27,436)(39,639)(74,050)
Derivatives Not Designated as Hedging Instruments:
Foreign exchange contracts 1,507 556 404 (142)(595)(7,978)
Total derivatives
$41,357 $32,548 $32,888 $(27,578)$(40,234)$(82,028)
Schedule of Derivative Assets 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:
 June 2024March 2024June 2023
(In thousands)Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability
Gross amounts presented in the Consolidated Balance Sheets
$41,357 $(27,578)$32,548 $(40,234)$32,888 $(82,028)
Gross amounts not offset in the Consolidated Balance Sheets
(6,699)6,699 (11,322)11,322 (27,128)27,128 
Net amounts
$34,658 $(20,879)$21,226 $(28,912)$5,760 $(54,900)
Schedule of Derivative 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:
 June 2024March 2024June 2023
(In thousands)Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability		Derivative
Asset		Derivative
Liability
Gross amounts presented in the Consolidated Balance Sheets
$41,357 $(27,578)$32,548 $(40,234)$32,888 $(82,028)
Gross amounts not offset in the Consolidated Balance Sheets
(6,699)6,699 (11,322)11,322 (27,128)27,128 
Net amounts
$34,658 $(20,879)$21,226 $(28,912)$5,760 $(54,900)
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)June 2024March 2024June 2023
Derivative InstrumentsBalance Sheet Location
Foreign exchange contractsOther current assets$33,562 $26,366 $26,145 
Foreign exchange contractsAccrued liabilities(24,802)(35,578)(73,049)
Foreign exchange contractsOther assets6,105 3,847 2,161 
Foreign exchange contractsOther liabilities(2,776)(4,656)(8,979)
Interest rate contractsOther current assets1,690 2,335 — 
Interest rate contractsOther assets— — 4,582 
Schedule of Effects of Cash Flow Hedging included in Consolidated Statements of Comprehensive Income (Loss) and Consolidated Statements of Operations The effects of cash flow hedging included in VF’s Consolidated Statements of Comprehensive Loss and Consolidated Statements of Operations are summarized as follows:
(In thousands)Gain (Loss) on Derivatives
Recognized in Accumulated OCL
Three Months Ended June
Cash Flow Hedging Relationships20242023
Foreign exchange contracts$19,501 $(29,160)
Interest rate contracts520 6,420 
Total$20,021 $(22,740)
(In thousands)Gain (Loss) Reclassified from
Accumulated OCL into Net Loss
Three Months Ended June
Cash Flow Hedging RelationshipsLocation of Gain (Loss) 20242023
Foreign exchange contractsNet revenues$(4,331)$1,090 
Foreign exchange contractsCost of goods sold(10,126)8,075 
Foreign exchange contractsSelling, general and administrative expenses(408)1,301 
Foreign exchange contractsOther income (expense), net(56)(511)
Interest rate contractsInterest expense1,192 725 
Total$(13,729)$10,680