DISCONTINUED OPERATIONS (Tables)
|3 Months Ended|
Jul. 03, 2021
|Discontinued Operations and Disposal Groups [Abstract]|
|Schedule of Discontinued Operations Presented in Financial Statements||
The following table summarizes the major line items for the Occupational Workwear business that are included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Operations:
(a)Income tax benefit for the three months ended June 2021 includes $12.0 million of deferred tax benefit related to capital and other losses realized upon the sale of the Occupational Workwear business.
The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented:
(a)Deferred income tax balances reflect VF's consolidated netting by jurisdiction
Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef