2022 Q3 Form 10-Q Financial Statement

#000010337922000013 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q3
Revenue $2.262B $2.825B $2.195B
YoY Change 3.05% 9.37% -15.86%
Cost Of Revenue $1.043B $1.359B $955.6M
YoY Change 9.15% 10.27% -25.49%
Gross Profit $1.219B $1.466B $1.239B
YoY Change -1.65% 8.54% -6.55%
Gross Profit Margin 53.88% 51.9% 56.46%
Selling, General & Admin $1.155B $1.265B $1.036B
YoY Change 11.5% 7.87% 3.0%
% of Gross Profit 94.8% 86.29% 83.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $66.75M $67.28M $68.05M
YoY Change -1.9% 4.31% -10.34%
% of Gross Profit 5.48% 4.59% 5.49%
Operating Expenses $1.155B $1.265B $1.036B
YoY Change 11.5% 7.87% 3.0%
Operating Profit $63.36M $201.0M $202.9M
YoY Change -68.77% 12.98% -36.59%
Interest Expense $32.55M -$30.93M $34.92M
YoY Change -6.79% -13.6% -213.0%
% of Operating Profit 51.36% -15.39% 17.21%
Other Income/Expense, Net -$94.71M $9.659M $9.041M
YoY Change -1147.61% 302.46% 94.68%
Pretax Income -$62.61M $171.1M $179.2M
YoY Change -134.95% 92.27% -38.99%
Income Tax -$6.654M $90.68M $25.18M
% Of Pretax Income 52.99% 14.05%
Net Earnings -$55.96M $80.84M $324.2M
YoY Change -117.26% -9.67% 26.3%
Net Earnings / Revenue -2.47% 2.86% 14.77%
Basic Earnings Per Share -$0.14 $0.83
Diluted Earnings Per Share -$0.14 $207.8K $0.82
COMMON SHARES
Basic Shares Outstanding 387.6M shares 388.3M shares 391.4M shares
Diluted Shares Outstanding 387.6M shares 394.1M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $528.0M $1.276B $1.874B
YoY Change -71.82% -9.83% -30.01%
Cash & Equivalents $528.0M $1.276B $1.275B
Short-Term Investments $0.00 $0.00 $598.8M
Other Short-Term Assets $492.6M $425.6M $334.8M
YoY Change 47.13% 0.41% -18.11%
Inventory $2.341B $1.419B $1.217B
Prepaid Expenses
Receivables $1.250B $1.468B $1.139B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.612B $4.588B $4.564B
YoY Change 1.04% -4.13% -31.68%
LONG-TERM ASSETS
Property, Plant & Equipment $2.235B $2.289B $1.016B
YoY Change 119.91% 134.54% 8.83%
Goodwill $2.360B $2.394B $2.427B
YoY Change -2.79% -1.3% 106.84%
Intangibles $5.870B $5.897B $5.938B
YoY Change -1.14% -0.68% 66.18%
Long-Term Investments
YoY Change
Other Assets $1.021B $1.071B $1.088B
YoY Change -6.14% 0.78% 18.59%
Total Long-Term Assets $8.600B $8.754B $8.986B
YoY Change -4.3% -2.39% 43.53%
TOTAL ASSETS
Total Short-Term Assets $4.612B $4.588B $4.564B
Total Long-Term Assets $8.600B $8.754B $8.986B
Total Assets $13.21B $13.34B $13.55B
YoY Change -2.5% -2.99% 4.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.023B $563.0M $534.8M
YoY Change 91.24% 21.54% 18.82%
Accrued Expenses $1.613B $1.916B $1.528B
YoY Change 5.58% 19.0% 1.45%
Deferred Revenue $71.07M
YoY Change 42.51%
Short-Term Debt $827.4M $335.5M $8.091M
YoY Change 10125.93% 2932.84% -38.88%
Long-Term Debt Due $1.058M $500.0M $1.001B
YoY Change -99.89% 100003.0%
Total Short-Term Liabilities $3.464B $3.315B $3.071B
YoY Change 12.78% 49.99% 47.34%
LONG-TERM LIABILITIES
Long-Term Debt $4.468B $4.567B $4.726B
YoY Change -5.46% -19.75% -16.78%
Other Long-Term Liabilities $920.6M $888.4M $1.286B
YoY Change -28.41% -42.38% 16.66%
Total Long-Term Liabilities $920.6M $5.455B $1.286B
YoY Change -28.41% -24.57% 16.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.464B $3.315B $3.071B
Total Long-Term Liabilities $920.6M $5.455B $1.286B
Total Liabilities $9.859B $9.812B $10.28B
YoY Change -4.06% -8.28% 2.8%
SHAREHOLDERS EQUITY
Retained Earnings $188.8M $443.5M $317.1M
YoY Change -40.46% 133.98% -805.41%
Common Stock $4.039B $4.013B $3.923B
YoY Change 2.95% 3.56% -0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares 0.000 shares
Shareholders Equity $3.352B $3.530B $3.274B
YoY Change
Total Liabilities & Shareholders Equity $13.21B $13.34B $13.55B
YoY Change -2.5% -2.99% 4.71%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q3
OPERATING ACTIVITIES
Net Income -$55.96M $80.84M $324.2M
YoY Change -117.26% -9.67% 26.3%
Depreciation, Depletion And Amortization $66.75M $67.28M $68.05M
YoY Change -1.9% 4.31% -10.34%
Cash From Operating Activities -$358.3M $66.91M $81.01M
YoY Change -542.33% -60.9% -5.8%
INVESTING ACTIVITIES
Capital Expenditures -$79.56M -$50.34M -$114.2M
YoY Change -30.34% -27.88% 67.73%
Acquisitions
YoY Change
Other Investing Activities -$10.05M $666.0K -$7.048M
YoY Change 42.52% -100.03% -93.22%
Cash From Investing Activities -$69.52M -$49.68M $508.8M
YoY Change -113.66% -97.61% -395.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $500.3M $253.0K
YoY Change 197631.62%
Cash From Financing Activities -$261.2M -11.18M -$174.4M
YoY Change 49.74% -97.63% -5.81%
NET CHANGE
Cash From Operating Activities -$358.3M 66.91M $81.01M
Cash From Investing Activities -$69.52M -49.68M $508.8M
Cash From Financing Activities -$261.2M -11.18M -$174.4M
Net Change In Cash -$748.0M 6.049M $425.4M
YoY Change -275.85% -100.25% -256.74%
FREE CASH FLOW
Cash From Operating Activities -$358.3M $66.91M $81.01M
Capital Expenditures -$79.56M -$50.34M -$114.2M
Free Cash Flow -$278.8M $117.2M $195.2M
YoY Change -242.78% -51.33% 26.69%

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CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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CY2021Q3 us-gaap Earnings Per Share Diluted
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0.82
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CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
387563000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss
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CY2022Q3 vfc Other Comprehensive Income Loss Defined Benefit Plan Settlementbefore Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2022Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2021Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
66754000 usd
CY2021Q3 us-gaap Depreciation And Amortization
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68050000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
93337000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
104930000 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
22297000 usd
CY2021Q3 us-gaap Other Inventory In Transit
OtherInventoryInTransit
73400000 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
21701000 usd
CY2022Q3 us-gaap Provision For Doubtful Accounts
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899000 usd
CY2021Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1850000 usd
CY2022Q3 vfc Pension Expense In Excess Of Less Than Pension Contributions
PensionExpenseInExcessOfLessThanPensionContributions
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CY2021Q3 vfc Pension Expense In Excess Of Less Than Pension Contributions
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CY2021Q3 us-gaap Other Noncash Income Expense
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176493000 usd
CY2022Q3 us-gaap Increase Decrease In Accounts Receivable
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CY2021Q3 us-gaap Increase Decrease In Accounts Receivable
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CY2022Q3 us-gaap Increase Decrease In Inventories
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CY2021Q3 us-gaap Increase Decrease In Inventories
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150966000 usd
CY2022Q3 us-gaap Increase Decrease In Accounts Payable Trade
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471065000 usd
CY2021Q3 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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CY2022Q3 us-gaap Increase Decrease In Income Taxes
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CY2021Q3 us-gaap Increase Decrease In Income Taxes
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134115000 usd
CY2022Q3 us-gaap Increase Decrease In Accrued Liabilities
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CY2021Q3 us-gaap Increase Decrease In Accrued Liabilities
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CY2022Q3 vfc Increase Decreasein Operating Lease Rightofuse Assetsand Liabilities
IncreaseDecreaseinOperatingLeaseRightofuseAssetsandLiabilities
93734000 usd
CY2021Q3 vfc Increase Decreasein Operating Lease Rightofuse Assetsand Liabilities
IncreaseDecreaseinOperatingLeaseRightofuseAssetsandLiabilities
113465000 usd
CY2022Q3 us-gaap Increase Decrease In Other Operating Capital Net
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6607000 usd
CY2021Q3 us-gaap Increase Decrease In Other Operating Capital Net
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128107000 usd
CY2022Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
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CY2021Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
74918000 usd
CY2022Q3 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
CY2021Q3 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
6090000 usd
CY2022Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
81008000 usd
CY2022Q3 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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CY2021Q3 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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616529000 usd
CY2022Q3 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
52657000 usd
CY2021Q3 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
93218000 usd
CY2022Q3 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
26907000 usd
CY2021Q3 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
21006000 usd
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CY2021Q3 us-gaap Payments For Proceeds From Other Investing Activities
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CY2022Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2021Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
509353000 usd
CY2022Q3 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
CY2021Q3 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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CY2022Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
508828000 usd
CY2022Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
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56976000 usd
CY2021Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
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CY2022Q3 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2021Q3 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2022Q3 us-gaap Repayments Of Long Term Debt
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500261000 usd
CY2021Q3 us-gaap Repayments Of Long Term Debt
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253000 usd
CY2022Q3 us-gaap Payments Of Dividends Common Stock
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CY2021Q3 us-gaap Payments Of Dividends Common Stock
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CY2022Q3 vfc Payments Related To Tax Withholding For Sharebased Compensation And Proceeds From Issuance Of Shares Under Incentive And Sharebased Compensation Plans Including Stock Options
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20910000 usd
CY2022Q3 us-gaap Net Cash Provided By Used In Financing Activities
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-261221000 usd
CY2021Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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10003000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-748048000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
425392000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1277082000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
529034000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1276597000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
528029000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Current
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsCurrent
880000 usd
CY2021Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Current
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsCurrent
1643000 usd
CY2022Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Noncurrent
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsNoncurrent
125000 usd
CY2021Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Noncurrent
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsNoncurrent
28000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
529034000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1276597000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
3530355000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
194135000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
20530000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-56151000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
77086000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
3352493000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
3056164000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
324245000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.49
CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
192131000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
42638000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
37053000 usd
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
5745000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
3274030000 usd
CY2022Q3 us-gaap Fiscal Period
FiscalPeriod
Fiscal YearVF Corporation (together with its subsidiaries, collectively known as “VF” or the “Company”) uses a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. The Company's current fiscal year runs from April 3, 2022 through April 1, 2023 ("Fiscal 2023"). Accordingly, this Form 10-Q presents our first quarter of Fiscal 2023. For presentation purposes herein, all references to periods ended June 2022 and June 2021 relate to the fiscal periods ended on July 2, 2022 and July 3, 2021, respectively. References to March 2022 relate to information as of April 2, 2022.
CY2022Q3 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:14pt;text-align:justify"><span style="color:#6d6e71;font-family:'DIN-Regular',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-align:justify"><span style="color:#6d6e71;font-family:'DIN-Regular',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In preparing the interim consolidated financial statements, management makes estimates and assumptions that affect amounts reported in the interim consolidated financial statements and accompanying notes. The duration and severity of the coronavirus ("COVID-19") pandemic and the conflict between Russia and Ukraine, and the impact on VF's business is subject to uncertainty; however, the estimates and assumptions made by management include those related to COVID-19 and the Russia-Ukraine conflict based on available information. Actual results may differ from those estimates.</span></div>
CY2022Q3 us-gaap Inventory Net
InventoryNet
2341395000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
1418673000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11900000 usd
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.25
CY2021Q3 us-gaap Inventory Net
InventoryNet
1216818000 usd
CY2022Q3 us-gaap Other Inventory In Transit
OtherInventoryInTransit
621500000 usd
CY2022Q2 us-gaap Other Inventory In Transit
OtherInventoryInTransit
67700000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2022000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1065000 usd
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1135000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
81167000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
71067000 usd
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
68921000 usd
CY2022Q3 vfc Contracts With Customer Liability Including New Contract Revenue Recognized
ContractsWithCustomerLiabilityIncludingNewContractRevenueRecognized
64400000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
75300000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2261595000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2261595000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2194557000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2194557000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2277145000 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1353483000 usd
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1139926000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
49002000 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
50774000 usd
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
53202000 usd
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
15248000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
14416000 usd
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
23690000 usd
CY2022Q3 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
2885981000 usd
CY2022Q2 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
2896648000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2984136000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3000351000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000 usd
CY2022Q3 vfc Finite Lived Intangible Asset Expected Amortization Current Fiscal Year
FiniteLivedIntangibleAssetExpectedAmortizationCurrentFiscalYear
14400000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
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