$VFC
V F CORP

2024 Q3 Form 10-Q Financial Statement

#000010337924000018 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $2.758B $1.907B
YoY Change 32.19% -30.38%
Cost Of Revenue $1.317B $915.6M
YoY Change 33.71% -33.73%
Gross Profit $1.441B $991.7M
YoY Change 30.83% -26.98%
Gross Profit Margin 52.23% 51.99%
Selling, General & Admin $1.167B $1.087B
YoY Change 5.16% -9.89%
% of Gross Profit 80.99% 109.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.61M $67.78M
YoY Change -12.61% -3.38%
% of Gross Profit 4.07% 6.84%
Operating Expenses $1.167B $1.087B
YoY Change 5.16% -9.89%
Operating Profit $273.9M -$239.9M
YoY Change -3403.22% -257.61%
Interest Expense -$42.69M -$55.68M
YoY Change -14.14% 13.08%
% of Operating Profit -15.59%
Other Income/Expense, Net -$660.0K -$1.950M
YoY Change -100.73% -66.83%
Pretax Income $230.6M -$297.5M
YoY Change -470.2% 37.74%
Income Tax $28.05M -$38.63M
% Of Pretax Income 12.16%
Net Earnings $52.18M -$258.9M
YoY Change -190.86% 20.47%
Net Earnings / Revenue 1.89% -13.57%
Basic Earnings Per Share $0.13 -$0.67
Diluted Earnings Per Share $0.13 -$0.67
COMMON SHARES
Basic Shares Outstanding 389.2M shares 388.9M shares
Diluted Shares Outstanding 390.9M shares 388.7M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $492.2M $637.4M
YoY Change -38.98% -21.78%
Cash & Equivalents $492.2M $637.4M
Short-Term Investments
Other Short-Term Assets $472.6M $545.5M
YoY Change 17.23% 25.49%
Inventory $2.083B $2.111B
Prepaid Expenses
Receivables $1.820B $1.056B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.459B $4.349B
YoY Change 23.89% -15.6%
LONG-TERM ASSETS
Property, Plant & Equipment $2.069B $2.127B
YoY Change -9.77% -8.1%
Goodwill $651.9M $1.361B
YoY Change -66.97% -31.22%
Intangibles $3.480B $5.072B
YoY Change -33.02% -2.4%
Long-Term Investments
YoY Change
Other Assets $1.265B $1.133B
YoY Change -34.2% -40.45%
Total Long-Term Assets $5.761B $7.192B
YoY Change -34.76% -18.62%
TOTAL ASSETS
Total Short-Term Assets $6.459B $4.349B
Total Long-Term Assets $5.761B $7.192B
Total Assets $12.22B $11.54B
YoY Change -12.99% -17.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.135B $1.158B
YoY Change -11.52% 23.65%
Accrued Expenses $1.487B $1.238B
YoY Change 0.19% -26.04%
Deferred Revenue
YoY Change
Short-Term Debt $463.2M $263.7M
YoY Change 691.52% 2194.92%
Long-Term Debt Due $1.750B $1.750B
YoY Change 88.44% 89.48%
Total Short-Term Liabilities $4.982B $4.409B
YoY Change 30.55% 24.34%
LONG-TERM LIABILITIES
Long-Term Debt $4.029B $3.941B
YoY Change -29.6% -30.8%
Other Long-Term Liabilities $665.7M $636.4M
YoY Change -62.77% -2.25%
Total Long-Term Liabilities $665.7M $636.4M
YoY Change -91.14% -89.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.982B $4.409B
Total Long-Term Liabilities $665.7M $636.4M
Total Liabilities $10.81B $10.15B
YoY Change -4.54% -8.36%
SHAREHOLDERS EQUITY
Retained Earnings -$1.186B -$1.236B
YoY Change 1853.36% -2265.05%
Common Stock $3.663B $3.677B
YoY Change -4.4% -5.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.406B $1.388B
YoY Change
Total Liabilities & Shareholders Equity $12.22B $11.54B
YoY Change -12.99% -17.51%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $52.18M -$258.9M
YoY Change -190.86% 20.47%
Depreciation, Depletion And Amortization $58.61M $67.78M
YoY Change -12.61% -3.38%
Cash From Operating Activities -$301.6M $19.83M
YoY Change -284.38% -88.84%
INVESTING ACTIVITIES
Capital Expenditures $30.39M $41.29M
YoY Change -64.08% -25.7%
Acquisitions
YoY Change
Other Investing Activities $20.61M $15.36M
YoY Change -445.18% -79.34%
Cash From Investing Activities -$9.773M -$11.06M
YoY Change -89.21% -158.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $275.0K
YoY Change
Cash From Financing Activities 163.4M -$37.44M
YoY Change -327.33% -182.86%
NET CHANGE
Cash From Operating Activities -301.6M $19.83M
Cash From Investing Activities -9.773M -$11.06M
Cash From Financing Activities 163.4M -$37.44M
Net Change In Cash -148.0M -$37.02M
YoY Change -13216.67% -115.32%
FREE CASH FLOW
Cash From Operating Activities -$301.6M $19.83M
Capital Expenditures $30.39M $41.29M
Free Cash Flow -$332.0M -$21.46M
YoY Change -520.32% -117.58%

Facts In Submission

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59231000 usd
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CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-297520000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024Q2 us-gaap Net Income Loss
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EarningsPerShareBasic
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EarningsPerShareDiluted
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
388741000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2024Q2 us-gaap Net Income Loss
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CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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-15773000 usd
CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
3680000 usd
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CY2024Q2 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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CY2024Q2 vfc Other Comprehensive Income Loss Defined Benefit Plan Settlement Before Tax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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4236000 usd
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CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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10704000 usd
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-248182000 usd
CY2024Q2 us-gaap Goodwill And Intangible Asset Impairment
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145000000 usd
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CY2023Q3 us-gaap Depreciation And Amortization
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67075000 usd
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CY2024Q2 vfc Increase Decrease In Operating Lease Right Of Use Assets And Liabilities
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilities
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CY2023Q3 vfc Increase Decrease In Operating Lease Right Of Use Assets And Liabilities
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilities
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CY2023Q3 us-gaap Increase Decrease In Other Operating Capital Net
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8140000 usd
CY2023Q3 us-gaap Net Cash Provided By Used In Operating Activities
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CY2024Q2 us-gaap Payments For Capital Improvements
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CY2024Q2 us-gaap Payments To Acquire Software
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CY2023Q3 us-gaap Payments To Acquire Software
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CY2023Q3 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2023Q3 us-gaap Payments Of Debt Issuance Costs
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CY2023Q3 vfc Payments Related To Tax Withholding For Share Based Compensation And Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2023Q3 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
806529000 usd
CY2023Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Current
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsCurrent
1465000 usd
CY2023Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Noncurrent
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127000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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808121000 usd
CY2024Q1 us-gaap Stockholders Equity
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CY2024Q2 us-gaap Net Income Loss
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CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2023Q3 us-gaap Dividends Common Stock
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116575000 usd
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14061000 usd
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-6481000 usd
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CY2023Q3 us-gaap Stockholders Equity
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2716763000 usd
CY2024Q2 us-gaap Fiscal Period
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<div style="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%">Fiscal Year</span></div>VF 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 March 31, 2024 through March 29, 2025 (“Fiscal 2025”). Accordingly, this Form 10-Q presents our first quarter of Fiscal 2025. For presentation purposes herein, all references to periods ended June 2024 and June 2023 relate to the fiscal periods ended on June 29, 2024 and July 1, 2023, respectively. References to March 2024 relate to information as of March 30, 2024.
CY2024Q2 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. Actual results may differ from those estimates.</span></div>
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1907301000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1907301000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2086336000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2086336000 usd
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
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2063417000 usd
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
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1718676000 usd
CY2023Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2731511000 usd
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
36881000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
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39539000 usd
CY2023Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
41827000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
10300000 usd
CY2024Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
8151000 usd
CY2023Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
13683000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
2110598000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
1766366000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
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CY2024Q2 us-gaap Indefinite Lived Trademarks
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2500284000 usd
CY2024Q1 us-gaap Indefinite Lived Trademarks
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2553519000 usd
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IntangibleAssetsNetExcludingGoodwill
2628482000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
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3300000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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13200000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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12200000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11700000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10800000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9800000 usd
CY2024Q1 us-gaap Goodwill
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1460414000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
94000000 usd
CY2024Q2 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2024Q2 us-gaap Goodwill
Goodwill
1360782000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
105143000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
106131000 usd
CY2024Q2 vfc Lease Cost Other
LeaseCostOther
22231000 usd
CY2023Q3 vfc Lease Cost Other
LeaseCostOther
35319000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
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CY2023Q3 us-gaap Lease Cost
LeaseCost
141450000 usd
CY2024Q2 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
15500000 usd
CY2024Q2 us-gaap Operating Lease Payments
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105400000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
114200000 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
102700000 usd
CY2023Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
71800000 usd
CY2024Q2 us-gaap Defined Benefit Plan Contributions By Employer
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CY2024Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
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CY2023Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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CY2024Q1 us-gaap Treasury Stock Common Shares
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CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
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CY2024Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2023Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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3348000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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CY2024Q2 us-gaap Deferred Compensation Arrangement With Individual Exercise Price
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
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CY2024Q2 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2024Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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3600000 usd
CY2024Q2 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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4300000 usd
CY2024Q2 us-gaap Income Tax Reconciliation Other Reconciling Items
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7100000 usd
CY2024Q2 vfc Effective Income Tax Rate Reconciliation Effective Tax Rate Excluding Discrete Items
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0.154
CY2023Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
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200000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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4700000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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3100000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Tax Settlements
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CY2023Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
200000 usd
CY2023Q3 vfc Effective Income Tax Rate Reconciliation Effective Tax Rate Excluding Discrete Items
EffectiveIncomeTaxRateReconciliationEffectiveTaxRateExcludingDiscreteItems
0.082
CY2024Q2 vfc Effective Income Tax Rate Reconciliation Effective Tax Rate Excluding Discrete Items Increase Decrease From Prior Period
EffectiveIncomeTaxRateReconciliationEffectiveTaxRateExcludingDiscreteItemsIncreaseDecreaseFromPriorPeriod
0.072
CY2024Q2 vfc Income Tax Examination Period
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CY2024Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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5300000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
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CY2024Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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4100000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024Q2 us-gaap Net Income Loss
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CY2023Q3 us-gaap Net Income Loss
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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388741000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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388160000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
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-0.67
CY2023Q3 us-gaap Earnings Per Share Basic
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CY2024Q2 us-gaap Net Income Loss
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CY2023Q3 us-gaap Net Income Loss
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388741000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388160000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
388741000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
388160000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
41357000 usd
CY2024Q2 vfc Deferred Compensation Asset And Other Assets At Fair Value
DeferredCompensationAssetAndOtherAssetsAtFairValue
94365000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
27578000 usd
CY2024Q2 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
89570000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
32548000 usd
CY2024Q1 vfc Deferred Compensation Asset And Other Assets At Fair Value
DeferredCompensationAssetAndOtherAssetsAtFairValue
95236000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
40234000 usd
CY2024Q1 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
90804000 usd
CY2024Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
5690300000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
5703000000 usd
CY2024Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
5231400000 usd
CY2024Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
5263300000 usd
CY2024Q2 us-gaap Derivative Term Of Contract
DerivativeTermOfContract
P20M
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
41357000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
32548000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
32888000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
27578000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
40234000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
82028000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
41357000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
27578000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
32548000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
40234000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
32888000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
82028000 usd
CY2024Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
6699000 usd
CY2024Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
6699000 usd
CY2024Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
11322000 usd
CY2024Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
11322000 usd
CY2023Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
27128000 usd
CY2023Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
27128000 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
34658000 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
20879000 usd
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
21226000 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
28912000 usd
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
5760000 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
54900000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
20021000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-22740000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-13729000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
10680000 usd
CY2023Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-8400000 usd
CY2024Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-4000000.0 usd
CY2024Q2 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
1700000 usd
CY2024Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
437000 usd
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
695000 usd
CY2024Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
437000 usd
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
695000 usd
CY2024Q1 us-gaap Restructuring Reserve
RestructuringReserve
60676000 usd
CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
12216000 usd
CY2024Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
14424000 usd
CY2024Q2 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-180000 usd
CY2024Q2 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
15000 usd
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
58273000 usd
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
58300000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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