v3.25.2
RESTRUCTURING (Tables)
 3 Months Ended
Jun. 28, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The type of cost and respective location of restructuring charges related to Reinvent within VF's Consolidated Statement of Operations for the three months ended June 2025 and 2024, and the cumulative charges recorded since the inception of Reinvent were as follows:
Three Months Ended JuneCumulative Charges
(In thousands)20252024
Type of CostLocation
Severance and employee-related benefitsSG&A expenses$11,248 $11,141 $142,072 
Severance and employee-related benefitsCost of goods sold4,225 181 10,408 
Contract termination and otherSG&A expenses326 737 1,063 
Contract termination and otherCost of goods sold— 157 157 
Asset impairments and write-downsSG&A expenses2,200 500 50,369 
Pension withdrawalSG&A expenses— — 3,619 
Curtailment gainsOther income (expense), net(531)— (1,467)
Accelerated depreciationSG&A expenses— 861 1,317 
Accelerated depreciationCost of goods sold— 17 17 
Total Reinvent Restructuring Charges$17,468 $13,594 $207,555 
The type of cost and respective location of Other Restructuring Charges within VF's Consolidated Statement of Operations for the three months ended June 2025 and 2024 were as follows:
Three Months Ended June
(In thousands)20252024
Type of CostLocation
Contract termination and otherSG&A expenses$— $437 
Total Other Restructuring Charges$— $437 
Schedule of Activity in Restructuring Accrual
The activity in the restructuring accrual related to Reinvent and Other Restructuring Charges for the three-month period ended June 2025 was as follows:
(In thousands)SeveranceOtherTotal
Accrual at March 2025$65,250 $337 $65,587 
Charges15,473 — 15,473 
Cash payments and settlements(22,583)— (22,583)
Adjustments to accruals— — — 
Impact of foreign currency805 — 805 
Accrual at June 2025$58,945 $337 $59,282