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OTHER LIABILITIES
 12 Months Ended
Mar. 29, 2025
Other Liabilities Disclosure [Abstract]  
OTHER LIABILITIES OTHER LIABILITIES
(In thousands)March 2025March 2024
Income taxes$417,186 $355,576 
Pension liabilities (Note 17)
77,688 78,628 
Deferred compensation (Note 17)
63,007 81,103 
Product warranty claims49,885 48,373 
Deferred income taxes (Note 20)
14,551 9,972 
Derivative financial instruments (Note 25)
10,193 4,656 
Other54,982 57,782 
Other liabilities$687,492 $636,090 
 
VF accrues warranty costs, as cost of goods sold, at the time revenue is recognized. Product warranty costs are estimated based on historical experience and specific identification of the product requirements, which may fluctuate based on product mix. Activity relating to accrued product warranty claims is summarized as follows:
Year Ended March
(In thousands)202520242023
Balance, beginning of year$61,266 $52,419 $53,487 
Accrual for products sold during the year14,053 22,555 11,086 
Repair or replacement costs incurred and other(12,516)(13,658)(12,024)
Currency translation10 (50)(130)
Balance, end of year62,813 61,266 52,419 
Less current portion (Note 14)
12,928 12,893 11,308 
Long-term portion$49,885 $48,373 $41,111