2021 Q4 Form 10-Q Financial Statement

#000010337921000017 Filed on November 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q3 2020 Q2
Revenue $3.198B $2.608B $1.076B
YoY Change 7.63% -17.97% -47.51%
Cost Of Revenue $1.479B $1.282B $507.0M
YoY Change 9.99% -11.94% -43.44%
Gross Profit $1.719B $1.326B $569.3M
YoY Change 5.67% -23.07% -50.68%
Gross Profit Margin 53.74% 50.83% 52.9%
Selling, General & Admin $1.160B $1.006B $816.2M
YoY Change -4.46% -14.38% -22.89%
% of Gross Profit 67.51% 75.87% 143.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $66.50M $75.90M $63.00M
YoY Change 1.22% -53.12% -60.43%
% of Gross Profit 3.87% 5.72% 11.07%
Operating Expenses $1.160B $1.006B $816.2M
YoY Change -4.46% -14.38% -22.89%
Operating Profit $558.5M $319.9M -$246.8M
YoY Change 35.56% -41.68% -357.19%
Interest Expense -$34.37M -$30.90M -$27.90M
YoY Change -200.16% 88.41% 78.85%
% of Operating Profit -6.15% -9.66%
Other Income/Expense, Net $7.549M $4.644M -$38.19M
YoY Change 16.43% -362.22% -787.56%
Pretax Income $531.7M $293.7M -$312.9M
YoY Change 37.49% -44.63% -464.16%
Income Tax $67.61M $50.42M -$35.20M
% Of Pretax Income 12.72% 17.17%
Net Earnings $464.1M $256.7M -$285.6M
YoY Change 33.64% -60.44% -680.27%
Net Earnings / Revenue 14.51% 9.84% -26.54%
Basic Earnings Per Share $1.18 $0.66 -$0.73
Diluted Earnings Per Share $1.18 $0.66 -$0.73
COMMON SHARES
Basic Shares Outstanding 391.8M shares 389.2M shares 388.7M shares
Diluted Shares Outstanding 394.0M shares 391.2M shares 390.8M shares

Balance Sheet

Concept 2021 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.360B $2.677B $2.845B
YoY Change -64.71% 426.97% 369.47%
Cash & Equivalents $1.360B $1.877B $2.145B
Short-Term Investments $0.00 $800.0M $700.0M
Other Short-Term Assets $357.7M $408.8M $513.0M
YoY Change -6.7% 4.37% 26.61%
Inventory $1.465B $1.435B $1.403B
Prepaid Expenses
Receivables $1.787B $1.606B $935.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.970B $6.680B $6.261B
YoY Change -31.78% 39.89% 56.89%
LONG-TERM ASSETS
Property, Plant & Equipment $1.011B $934.0M $957.3M
YoY Change 5.81% 12.23% 15.82%
Goodwill $2.416B $1.174B $1.163B
YoY Change 102.29% -20.7% -22.21%
Intangibles $5.924B $3.573B $3.572B
YoY Change 64.69% -0.48% -3.44%
Long-Term Investments
YoY Change
Other Assets $1.094B $917.3M $887.9M
YoY Change 12.69% 1.25% 20.76%
Total Long-Term Assets $8.919B $6.261B $6.218B
YoY Change 38.09% -3.6% -3.01%
TOTAL ASSETS
Total Short-Term Assets $4.970B $6.680B $6.261B
Total Long-Term Assets $8.919B $6.261B $6.218B
Total Assets $13.89B $12.94B $12.48B
YoY Change 1.05% 14.83% 19.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $534.4M $450.1M $348.9M
YoY Change 29.6% -6.85% -31.26%
Accrued Expenses $1.839B $1.506B $1.255B
YoY Change 10.45% 13.08% 0.04%
Deferred Revenue
YoY Change
Short-Term Debt $10.17M $13.24M $19.26M
YoY Change -96.61% -97.27% -71.54%
Long-Term Debt Due $1.001B $1.000M $1.000M
YoY Change 100003.7% -80.0% -80.0%
Total Short-Term Liabilities $3.384B $2.085B $1.715B
YoY Change 35.48% -13.3% -11.9%
LONG-TERM LIABILITIES
Long-Term Debt $4.683B $5.679B $5.610B
YoY Change -19.08% 171.59% 163.75%
Other Long-Term Liabilities $1.077B $1.102B $1.137B
YoY Change -3.01% -0.41% -0.25%
Total Long-Term Liabilities $1.077B $1.102B $1.137B
YoY Change -3.01% -0.41% -0.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.384B $2.085B $1.715B
Total Long-Term Liabilities $1.077B $1.102B $1.137B
Total Liabilities $10.29B $9.996B $9.566B
YoY Change -2.98% 50.94% 53.05%
SHAREHOLDERS EQUITY
Retained Earnings $586.4M -$44.95M -$298.1M
YoY Change 95.16% -103.2% -132.01%
Common Stock $3.953B $3.950B $4.108B
YoY Change 3.11% -5.33% 0.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares 0.000 shares
Shareholders Equity $3.598B $2.945B $2.913B
YoY Change
Total Liabilities & Shareholders Equity $13.89B $12.94B $12.48B
YoY Change 1.05% 14.83% 19.97%

Cashflow Statement

Concept 2021 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $464.1M $256.7M -$285.6M
YoY Change 33.64% -60.44% -680.27%
Depreciation, Depletion And Amortization $66.50M $75.90M $63.00M
YoY Change 1.22% -53.12% -60.43%
Cash From Operating Activities -$252.1M $86.00M -$3.188M
YoY Change -123.8% -128.73% -95.18%
INVESTING ACTIVITIES
Capital Expenditures -$72.48M -$68.10M -$82.70M
YoY Change 35.22% -7.22% 36.02%
Acquisitions
YoY Change
Other Investing Activities $616.0M -$104.0M $573.0K
YoY Change 217.2% 2958.82% -100.91%
Cash From Investing Activities $543.5M -$172.2M -$785.2M
YoY Change 286.31% 124.22% 124330.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $222.0K
YoY Change -84.99%
Cash From Financing Activities -185.4M -185.2M $1.563B
YoY Change -225.36% -164.31% 1161.71%
NET CHANGE
Cash From Operating Activities -252.1M 86.00M -$3.188M
Cash From Investing Activities 543.5M -172.2M -$785.2M
Cash From Financing Activities -185.4M -185.2M $1.563B
Net Change In Cash 106.0M -271.4M $778.4M
YoY Change -92.14% 208.06% 1153.13%
FREE CASH FLOW
Cash From Operating Activities -$252.1M $86.00M -$3.188M
Capital Expenditures -$72.48M -$68.10M -$82.70M
Free Cash Flow -$179.7M $154.1M $79.51M
YoY Change -116.14% -168.22% -1577.92%

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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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IncomeLossFromContinuingOperations
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IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
170273000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
5605000 USD
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NetIncomeLoss
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CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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EarningsPerShareDiluted
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WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2021Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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CY2021Q4 vfc Other Comprehensive Income Loss Defined Benefit Plan Settlementbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementbeforeTax
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CY2020Q3 vfc Other Comprehensive Income Loss Defined Benefit Plan Settlementbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementbeforeTax
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vfc Other Comprehensive Income Loss Defined Benefit Plan Settlementbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementbeforeTax
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vfc Other Comprehensive Income Loss Defined Benefit Plan Settlementbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementbeforeTax
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OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
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CY2021Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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vfc Operating Lease Rightof Use Asset Amortization
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Provision For Doubtful Accounts
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vfc Pension Expense And Pension Contributions
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Income Taxes
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vfc Increase Decreasein Operating Lease Rightofuse Assetsand Liabilities
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vfc Increase Decreasein Operating Lease Rightofuse Assetsand Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Proceeds From Sale Of Short Term Investments
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us-gaap Payments For Capital Improvements
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us-gaap Payments For Capital Improvements
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us-gaap Payments To Acquire Software
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us-gaap Payments To Acquire Software
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CashAndCashEquivalentsAtCarryingValue
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CY2021Q4 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Current
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsCurrent
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2029000 shares
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2238000 shares
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1961000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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2507000 shares
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394072000 shares
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390986000 shares
CY2021Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.18
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.62
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.57
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.09
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
35828000 USD
CY2021Q4 vfc Deferred Compensation Asset At Fair Value
DeferredCompensationAssetAtFairValue
132985000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
33723000 USD
CY2021Q4 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
140711000 USD
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
99000000 USD
CY2021Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
598806000 USD
CY2021Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
13257000 USD
CY2021Q2 vfc Deferred Compensation Asset At Fair Value
DeferredCompensationAssetAtFairValue
141072000 USD
CY2021Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
74255000 USD
CY2021Q2 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
150713000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
207000000 USD
us-gaap Derivative Term Of Contract
DerivativeTermOfContract
P20M
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
35828000 USD
CY2021Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
13257000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
33176000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
33723000 USD
CY2021Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
74255000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
32318000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
35828000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
33723000 USD
CY2021Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
13257000 USD
CY2021Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
74255000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
33176000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
32318000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
17201000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
17201000 USD
CY2021Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
13246000 USD
CY2021Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
13246000 USD
CY2020Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
23491000 USD
CY2020Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
23491000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
18627000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
16522000 USD
CY2021Q2 us-gaap Derivative Assets
DerivativeAssets
11000 USD
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
61009000 USD
CY2020Q3 us-gaap Derivative Assets
DerivativeAssets
9685000 USD
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
8827000 USD
CY2021Q4 vfc Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
27903000 USD
CY2021Q2 vfc Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
7440000 USD
CY2020Q3 vfc Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
27615000 USD
CY2021Q4 vfc Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
31609000 USD
CY2021Q2 vfc Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
66351000 USD
CY2020Q3 vfc Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
22946000 USD
CY2021Q4 vfc Derivative Asset Fair Value Gross Asset Non Current
DerivativeAssetFairValueGrossAssetNonCurrent
7925000 USD
CY2021Q2 vfc Derivative Asset Fair Value Gross Asset Non Current
DerivativeAssetFairValueGrossAssetNonCurrent
5817000 USD
CY2020Q3 vfc Derivative Asset Fair Value Gross Asset Non Current
DerivativeAssetFairValueGrossAssetNonCurrent
5561000 USD
CY2021Q4 vfc Derivative Liability Fair Value Gross Liability Noncurrent
DerivativeLiabilityFairValueGrossLiabilityNoncurrent
2114000 USD
CY2021Q2 vfc Derivative Liability Fair Value Gross Liability Noncurrent
DerivativeLiabilityFairValueGrossLiabilityNoncurrent
7904000 USD
CY2020Q3 vfc Derivative Liability Fair Value Gross Liability Noncurrent
DerivativeLiabilityFairValueGrossLiabilityNoncurrent
9372000 USD
CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-22986000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
11379000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-33545000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
31659000 USD
CY2021Q4 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-20900000 USD
CY2021Q4 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
3500000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
7800000 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
43300000 USD
CY2021Q4 us-gaap Severance Costs1
SeveranceCosts1
1422000 USD
CY2020Q3 us-gaap Severance Costs1
SeveranceCosts1
9883000 USD
us-gaap Severance Costs1
SeveranceCosts1
4296000 USD
us-gaap Severance Costs1
SeveranceCosts1
28392000 USD
CY2021Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
10557000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
10557000 USD
CY2021Q4 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
2036000 USD
CY2020Q3 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
2857000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
3467000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
6664000 USD
CY2021Q4 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 USD
CY2020Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
76000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
217000 USD
CY2021Q4 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
3458000 USD
CY2020Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
23373000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
7763000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
45830000 USD
CY2021Q4 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
3458000 USD
CY2020Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
23373000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
7763000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
45830000 USD
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
66754000 USD
us-gaap Restructuring Charges
RestructuringCharges
4296000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
27627000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-38000 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-116000 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
43269000 USD
vfc Income Tax Examination Estimateof Possible Loss Interest Payments
IncomeTaxExaminationEstimateofPossibleLossInterestPayments
191400000 USD
us-gaap Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
136300000 USD

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