VF Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Jun. 29, 2019

Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis

The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:



	Total Fair Value		Fair Value Measurement Using ^(a)
(In thousands)	Total Fair Value		Level 1		Level 2		Level 3
June 2019
Financial assets:
Cash equivalents:
Money market funds	$	344,357	$	344,357	$	—	$	—
Time deposits	3,726		3,726		—		—
Derivative financial instruments	80,351		—		80,351		—
Investment securities	131,989		124,627		7,362		—
Financial liabilities:
Derivative financial instruments	11,374		—		11,374		—
Deferred compensation	144,131		—		144,131		—
	Total Fair Value		Fair Value Measurement Using ^(a)
(In thousands)	Total Fair Value		Level 1		Level 2		Level 3
March 2019
Financial assets:
Cash equivalents:
Money market funds	$	248,560	$	248,560	$	—	$	—
Time deposits	8,257		8,257		—		—
Derivative financial instruments	92,771		—		92,771		—
Investment securities	186,698		176,209		10,489		—
Financial liabilities:
Derivative financial instruments	22,337		—		22,337		—
Deferred compensation	199,336		—		199,336		—

The amounts reported in the table above for prior periods have not been segregated between continuing and discontinued operations. The March 2019 balances include $50.8 million of deferred compensation liabilities and associated assets related to the Jeans business, which were transferred in connection with the spin-off.

^(a)

There were no transfers among the levels within the fair value hierarchy during the three months ended June 2019 or the year ended March 2019.