VF Corporation Annual report pursuant to Section 13 and 15(d)

SHORT-TERM BORROWINGS - Narrative (Details)

v3.20.1

SHORT-TERM BORROWINGS - Narrative (Details) - USD ($)		12 Months Ended
SHORT-TERM BORROWINGS - Narrative (Details) - USD ($)	Apr. 20, 2020	Mar. 28, 2020	Mar. 30, 2019
Short-term Debt [Line Items]
Restricted covenants		60.00%
Global Credit Facility		$ 1,000,000,000	$ 0
Commercial paper borrowings		215,000,000	650,000,000
Commercial Paper
Short-term Debt [Line Items]
Commercial paper borrowings		$ 215,000,000.0	650,000,000.0
Global Credit Facility
Short-term Debt [Line Items]
Credit facility fee		0.65%
Global Credit Facility		$ 1,000,000,000.0
Credit facility amount available for borrowing		$ 1,000,000,000.0	1,600,000,000
Weighted average interest rate of international bank borrowings		1.81%
Global Credit Facility \| Letter of Credit
Short-term Debt [Line Items]
Debt capacity		$ 50,000,000.0
Extension period		1 year
Remaining life limit		5 years
Global Credit Facility \| LIBOR
Short-term Debt [Line Items]
Debt instrument basis spread on variable rate		8.10%
International Lending Agreements
Short-term Debt [Line Items]
Debt capacity		$ 97,300,000
Letter of credit, outstanding		$ 13,800,000	$ 9,100,000
Weighted average interest rate of international bank borrowings		16.30%	24.60%
Commercial Paper \| Global Credit Facility
Short-term Debt [Line Items]
Debt capacity		$ 2,250,000,000
Weighted average interest rate of international bank borrowings		1.40%	2.70%
Senior Unsecured \| Global Credit Facility \| Letter of Credit
Short-term Debt [Line Items]
Letter of credit, outstanding		$ 18,400,000	$ 15,300,000
Subsequent Event
Short-term Debt [Line Items]
Restricted covenants	70.00%

- Definition

Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 942
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-Section S99
-Paragraph 1
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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

+ Details

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- Definition

The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used.

+ References

No definition available.

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- Definition

Fair value of the amount outstanding under the credit facility.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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- Definition

Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).

+ References

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

Weighted average interest rate of short-term debt outstanding calculated at point in time.

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- Definition

Line of Credit Facility, Extension Period

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No definition available.

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- Definition

Line of Credit Facility, Remaining Life Limit

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No definition available.

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- Definition

The maximum ratio of consolidated indebtedness to consolidated capitalization allowed to comply with financial covenant contained in the credit agreement.

+ References

No definition available.

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