2024 Q4 Form 10-Q Financial Statement

#000010337924000030 Filed on October 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $2.758B $2.086B
YoY Change 32.19% -7.75%
Cost Of Revenue $1.317B $985.3M
YoY Change 33.71% -5.53%
Gross Profit $1.441B $1.101B
YoY Change 30.83% -9.65%
Gross Profit Margin 52.23% 52.78%
Selling, General & Admin $1.167B $1.109B
YoY Change 5.16% -3.97%
% of Gross Profit 80.99% 100.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.61M $67.08M
YoY Change -12.61% 0.48%
% of Gross Profit 4.07% 6.09%
Operating Expenses $1.167B $1.109B
YoY Change 5.16% -3.97%
Operating Profit $273.9M -$8.292M
YoY Change -3403.22% -113.09%
Interest Expense -$42.69M -$49.72M
YoY Change -14.14% -252.77%
% of Operating Profit -15.59%
Other Income/Expense, Net -$660.0K $90.83M
YoY Change -100.73% -195.9%
Pretax Income $230.6M -$62.28M
YoY Change -470.2% -0.54%
Income Tax $28.05M -$4.853M
% Of Pretax Income 12.16%
Net Earnings $52.18M -$57.43M
YoY Change -190.86% 2.62%
Net Earnings / Revenue 1.89% -2.75%
Basic Earnings Per Share $0.13 -$0.15
Diluted Earnings Per Share $0.13 -$0.15
COMMON SHARES
Basic Shares Outstanding 389.3M shares 389.2M shares 388.2M shares
Diluted Shares Outstanding 390.9M shares 388.2M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $492.2M $806.5M
YoY Change -38.98% 52.74%
Cash & Equivalents $492.2M $806.5M
Short-Term Investments
Other Short-Term Assets $472.6M $403.1M
YoY Change 17.23% -18.16%
Inventory $2.083B $2.787B
Prepaid Expenses
Receivables $1.820B $1.217B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.459B $5.214B
YoY Change 23.89% 13.05%
LONG-TERM ASSETS
Property, Plant & Equipment $2.069B $2.293B
YoY Change -9.77% 2.58%
Goodwill $651.9M $1.974B
YoY Change -66.97% -16.36%
Intangibles $3.480B $5.196B
YoY Change -33.02% -11.48%
Long-Term Investments
YoY Change
Other Assets $1.265B $1.923B
YoY Change -34.2% 88.34%
Total Long-Term Assets $5.761B $8.830B
YoY Change -34.76% 2.68%
TOTAL ASSETS
Total Short-Term Assets $6.459B $5.214B
Total Long-Term Assets $5.761B $8.830B
Total Assets $12.22B $14.04B
YoY Change -12.99% 6.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.135B $1.282B
YoY Change -11.52% 25.38%
Accrued Expenses $1.487B $1.484B
YoY Change 0.19% -7.99%
Deferred Revenue
YoY Change
Short-Term Debt $463.2M $58.52M
YoY Change 691.52% -92.93%
Long-Term Debt Due $1.750B $928.7M
YoY Change 88.44% 87682.23%
Total Short-Term Liabilities $4.982B $3.816B
YoY Change 30.55% 10.17%
LONG-TERM LIABILITIES
Long-Term Debt $4.029B $5.722B
YoY Change -29.6% 28.06%
Other Long-Term Liabilities $665.7M $1.788B
YoY Change -62.77% 94.25%
Total Long-Term Liabilities $665.7M $7.511B
YoY Change -91.14% 715.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.982B $3.816B
Total Long-Term Liabilities $665.7M $7.511B
Total Liabilities $10.81B $11.33B
YoY Change -4.54% 14.89%
SHAREHOLDERS EQUITY
Retained Earnings -$1.186B -$60.69M
YoY Change 1853.36% -132.15%
Common Stock $3.663B $3.831B
YoY Change -4.4% -5.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.406B $2.717B
YoY Change
Total Liabilities & Shareholders Equity $12.22B $14.04B
YoY Change -12.99% 6.3%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $52.18M -$57.43M
YoY Change -190.86% 2.62%
Depreciation, Depletion And Amortization $58.61M $67.08M
YoY Change -12.61% 0.48%
Cash From Operating Activities -$301.6M $163.6M
YoY Change -284.38% -145.65%
INVESTING ACTIVITIES
Capital Expenditures $30.39M $84.59M
YoY Change -64.08% -206.32%
Acquisitions
YoY Change
Other Investing Activities $20.61M -$5.972M
YoY Change -445.18% -40.55%
Cash From Investing Activities -$9.773M -$90.56M
YoY Change -89.21% 30.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$1.725M
YoY Change
Debt Paid & Issued, Net $268.0K
YoY Change -99.95%
Cash From Financing Activities 163.4M -71.89M
YoY Change -327.33% -72.48%
NET CHANGE
Cash From Operating Activities -301.6M 163.6M
Cash From Investing Activities -9.773M -90.56M
Cash From Financing Activities 163.4M -71.89M
Net Change In Cash -148.0M 1.128M
YoY Change -13216.67% -100.15%
FREE CASH FLOW
Cash From Operating Activities -$301.6M $163.6M
Capital Expenditures $30.39M $84.59M
Free Cash Flow -$332.0M $78.99M
YoY Change -520.32% -128.33%

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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14620000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
202509000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
50482000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-150331000 usd
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
945000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-257190000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
6495000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2023Q3 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
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2024Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
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CY2023Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
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CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.52
CY2023Q3 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
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388338000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388892000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
390945000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
388338000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
390198000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
388249000 shares
CY2024Q3 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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CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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CY2023Q3 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 Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
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CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
22383000 usd
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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3742000 usd
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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CY2024Q3 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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CY2023Q3 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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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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CY2024Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
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CY2023Q3 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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CY2024Q3 vfc Other Comprehensive Income Loss Defined Benefit Plan Settlement Before Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementBeforeTax
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CY2023Q3 vfc Other Comprehensive Income Loss Defined Benefit Plan Settlement Before Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementBeforeTax
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vfc Other Comprehensive Income Loss Defined Benefit Plan Settlement Before Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementBeforeTax
0 usd
vfc Other Comprehensive Income Loss Defined Benefit Plan Settlement Before Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanSettlementBeforeTax
3299000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2023Q3 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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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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CY2023Q3 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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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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CY2023Q3 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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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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CY2023Q3 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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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
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CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
1735000 usd
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
3674000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2023Q3 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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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023Q3 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 Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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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
IncomeLossFromContinuingOperations
50482000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
179206000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
183335000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
30648000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
29818000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5585000 usd
vfc Pension Expense In Excess Of Less Than Pension Contributions
PensionExpenseInExcessOfLessThanPensionContributions
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vfc Pension Expense In Excess Of Less Than Pension Contributions
PensionExpenseInExcessOfLessThanPensionContributions
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us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
7237000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
256048000 usd
vfc Income Tax Receivables And Interest Write Off
IncomeTaxReceivablesAndInterestWriteOff
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vfc Income Tax Receivables And Interest Write Off
IncomeTaxReceivablesAndInterestWriteOff
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
24132000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
317214000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
362748000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
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us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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vfc Increase Decrease In Operating Lease Right Of Use Assets And Liabilities
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsAndLiabilities
176754000 usd
vfc Increase Decrease In Operating Lease Right Of Use Assets And Liabilities
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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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
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
20052000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
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us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
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us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
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us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
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us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
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us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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us-gaap Repayments Of Long Term Debt
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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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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2689000 usd
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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2392000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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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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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500236000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2024Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Current
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsCurrent
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CY2024Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2024Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Noncurrent
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsNoncurrent
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CY2023Q3 vfc Restricted Cash And Restricted Cash Equivalents Included In Other Assets Noncurrent
RestrictedCashAndRestrictedCashEquivalentsIncludedInOtherAssetsNoncurrent
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CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
514630000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
35033000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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116597000 usd
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18752000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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41540000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2210045000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
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70048000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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us-gaap Common Stock Dividends Per Share Declared
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0.60
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
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233172000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-12054000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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14197000 usd
CY2023Q3 us-gaap Stockholders Equity
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2210045000 usd
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 second quarter of Fiscal 2025. For presentation purposes herein, all references to periods ended September 2024 and September 2023 relate to the fiscal periods ended on September 28, 2024 and September 30, 2023, respectively. References to March 2024 relate to information as of March 30, 2024.
us-gaap Use Of Estimates
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<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>
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CY2024Q3 us-gaap Revenue Remaining Performance Obligation
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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InventoryFinishedGoodsNetOfReserves
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InventoryFinishedGoodsNetOfReserves
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InventoryFinishedGoodsNetOfReserves
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InventoryWorkInProcessNetOfReserves
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CY2023Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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InventoryRawMaterialsNetOfReserves
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InventoryRawMaterialsNetOfReserves
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InventoryRawMaterialsNetOfReserves
547000 usd
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InventoryNet
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InventoryNet
1697823000 usd
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1705671000 usd
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us-gaap Amortization Of Intangible Assets
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13300000 usd
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12300000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11900000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10900000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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9900000 usd
CY2024Q1 us-gaap Goodwill
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645356000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
6578000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
651934000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
103942000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
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us-gaap Operating Lease Cost
OperatingLeaseCost
204553000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
204446000 usd
CY2024Q3 vfc Lease Cost Other
LeaseCostOther
30863000 usd
CY2023Q3 vfc Lease Cost Other
LeaseCostOther
36962000 usd
vfc Lease Cost Other
LeaseCostOther
53110000 usd
vfc Lease Cost Other
LeaseCostOther
72274000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
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CY2023Q3 us-gaap Lease Cost
LeaseCost
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us-gaap Lease Cost
LeaseCost
257663000 usd
us-gaap Lease Cost
LeaseCost
276720000 usd
us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
15500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
211800000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Defined Benefit Plan Contributions By Employer
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CY2024Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
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12700000 usd
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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3300000 usd
CY2024Q3 us-gaap Treasury Stock Common Shares
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0 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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0.25
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
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CY2023Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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16767000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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8954000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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us-gaap Deferred Compensation Arrangement With Individual Exercise Price
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13.08
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
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ShareBasedCompensationArrangementByShareBasedPaymentAwardPeriodOfTimeOptionsBecomeExercisable
P1Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.37
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.53
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0543
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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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
3.161
us-gaap Income Tax Reconciliation Other Reconciling Items
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us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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9500000 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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vfc Effective Income Tax Rate Reconciliation Effective Tax Rate Excluding Discrete Items
EffectiveIncomeTaxRateReconciliationEffectiveTaxRateExcludingDiscreteItems
0.314
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
703300000 usd
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
703300000 usd
vfc Effective Income Tax Rate Reconciliation Effective Tax Rate Excluding Discrete Items
EffectiveIncomeTaxRateReconciliationEffectiveTaxRateExcludingDiscreteItems
0.208
vfc Effective Income Tax Rate Reconciliation Effective Tax Rate Excluding Discrete Items Increase Decrease From Prior Period
EffectiveIncomeTaxRateReconciliationEffectiveTaxRateExcludingDiscreteItemsIncreaseDecreaseFromPriorPeriod
0.106
CY2022Q4 us-gaap Payments For Legal Settlements
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875700000 usd
vfc Income Tax Examination Period
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P12M
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
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CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
296500000 usd
CY2024Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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5000000.0 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1800000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
230555000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
307245000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
65102000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
238177000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
202509000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
50482000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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389044000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388338000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388892000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388249000 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2024Q3 us-gaap Income Loss From Continuing Operations
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202509000 usd
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IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
50482000 usd
us-gaap Income Loss From Continuing Operations
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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388892000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
388249000 shares
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1901000 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
390198000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
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16445000 usd
CY2024Q3 vfc Deferred Compensation Asset And Other Assets At Fair Value
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95747000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
54569000 usd
CY2024Q3 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
92024000 usd
CY2024Q3 vfc Contingent Consulting Fees Liability
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CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
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32548000 usd
CY2024Q1 vfc Deferred Compensation Asset And Other Assets At Fair Value
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CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
40234000 usd
CY2024Q1 vfc Deferred Compensation Liability At Fair Value
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90804000 usd
CY2024Q3 vfc Contingent Consulting Fees Total Value
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30700000 usd
CY2024Q3 vfc Contingent Consulting Fees Liability
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13600000 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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5778600000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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5703000000 usd
CY2024Q3 us-gaap Debt Instrument Fair Value
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5437700000 usd
CY2024Q1 us-gaap Debt Instrument Fair Value
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5263300000 usd
us-gaap Derivative Term Of Contract
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P20M
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
16445000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
32548000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
57371000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
54569000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
40234000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
38569000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
16445000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
54569000 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
57371000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
38569000 usd
CY2024Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
8282000 usd
CY2024Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
8282000 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
25460000 usd
CY2023Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
25460000 usd
CY2024Q3 us-gaap Derivative Assets
DerivativeAssets
8163000 usd
CY2024Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
46287000 usd
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
21226000 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
28912000 usd
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
31911000 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
13109000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-54435000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
59895000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-34414000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
37155000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-10685000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
10238000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-24414000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
20918000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-8100000 usd
CY2023Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
0 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
0 usd
CY2024Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
0 usd
CY2024Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-21400000 usd
CY2024Q3 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
300000 usd
CY2024Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
154000 usd
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
435000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
591000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
1130000 usd
CY2024Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
154000 usd
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
435000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
591000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
1130000 usd
CY2024Q1 us-gaap Restructuring Reserve
RestructuringReserve
60505000 usd
us-gaap Restructuring Charges
RestructuringCharges
20374000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
23943000 usd
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-292000 usd
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-56000 usd
CY2024Q3 us-gaap Restructuring Reserve
RestructuringReserve
56700000 usd
CY2024Q3 us-gaap Restructuring Reserve
RestructuringReserve
56700000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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