V.F. (VFC) 10-K 24 May 19 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Mar. 30, 2019	Apr. 27, 2019	Sep. 29, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	V F CORP
Entity Trading Symbol	VFC
Entity Central Index Key	0000103379
Current Fiscal Year End Date	--03-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Mar. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		397,145,529
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Public Float			$ 30,425

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Current assets
Cash and equivalents	[1]	$ 543,011	$ 680,762	$ 563,483
Accounts receivable, less allowance for doubtful accounts of: March 2019 - $28,376; March 2018 - $24,993; December 2017 - $26,266		1,708,796	1,408,587	1,429,986
Inventories		1,943,030	1,861,441	1,706,609
Other current assets		478,620	358,953	296,986
Current assets of discontinued operations		0	373,580	380,700
Total current assets		4,673,457	4,683,323	4,377,764
Property, plant and equipment, net		1,057,268	1,011,617	1,014,638
Intangible assets, net		2,024,277	2,120,110	2,089,781
Goodwill		1,754,884	1,693,219	1,692,644
Other assets		846,899	803,041	783,675
TOTAL ASSETS		10,356,785	10,311,310	9,958,502
Current liabilities
Short-term borrowings		665,055	1,525,106	729,384
Current portion of long-term debt		5,263	6,265	6,165
Accounts payable		694,733	583,004	760,997
Accrued liabilities		1,296,553	938,427	1,146,535
Current liabilities of discontinued operations		0	86,027	101,019
Total current liabilities		2,661,604	3,138,829	2,744,100
Long-term debt		2,115,884	2,212,555	2,187,789
Other liabilities		1,280,781	1,271,830	1,306,713
Commitments and contingencies
Total liabilities		6,058,269	6,623,214	6,238,602
Stockholders' equity
Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at March 2019, March 2018 or December 2017		0	0	0
Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at March 2019 - 396,824,662; March 2018 - 394,313,070; December 2017 - 395,821,781		99,206	98,578	98,955
Additional paid-in capital		3,921,784	3,607,424	3,523,340
Accumulated other comprehensive income (loss)		(902,075)	(864,030)	(926,140)
Retained earnings		1,179,601	846,124	1,023,745
Total stockholders’ equity		4,298,516	3,688,096	3,719,900
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 10,356,785	$ 10,311,310	$ 9,958,502
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 28,376	$ 24,993	$ 26,266
Preferred Stock, par value (in USD per share)	$ 1	$ 1	$ 1
Preferred Stock, shares authorized (in shares)	25,000,000	25,000,000	25,000,000
Preferred Stock, shares outstanding (in shares)	0	0	0
Common Stock, stated value (in USD per share)	$ 0.25	$ 0.25	$ 0.25
Common Stock, shares authorized (in shares)	1,200,000,000	1,200,000,000	1,200,000,000
Common Stock, shares outstanding (in shares)	396,824,662	394,313,070	395,821,781

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Income Statement [Abstract]
Net revenues		$ 3,045,446,000	$ 13,848,660,000	$ 11,811,177,000	$ 11,026,147,000
Costs and operating expenses
Cost of goods sold		1,506,335,000	6,827,481,000	5,844,941,000	5,589,923,000
Selling, general and administrative expenses		1,229,046,000	5,345,339,000	4,453,207,000	3,901,122,000
Impairment of goodwill and intangible assets		0	0	0	79,644,000
Total costs and operating expenses		2,735,381,000	12,172,820,000	10,298,148,000	9,570,689,000
Operating income		310,065,000	1,675,840,000	1,513,029,000	1,455,458,000
Interest income		3,228,000	22,643,000	16,095,000	9,176,000
Interest expense		(24,393,000)	(108,068,000)	(101,975,000)	(94,722,000)
Other income (expense), net		5,233,000	(63,011,000)	(10,654,000)	(85,196,000)
Income from continuing operations before income taxes		294,133,000	1,527,404,000	1,416,495,000	1,284,716,000
Income taxes		32,969,000	268,400,000	695,286,000	205,862,000
Income from continuing operations		261,164,000	1,259,004,000	721,209,000	1,078,854,000
Income (loss) from discontinued operations, net of tax		(8,371,000)	788,000	(106,286,000)	(4,748,000)
Net income	[1]	$ 252,793,000	$ 1,259,792,000	$ 614,923,000	$ 1,074,106,000
Earnings (loss) per common share - basic
Earnings per common share - basic, continuing operations (in USD per share)		$ 0.66	$ 3.19	$ 1.81	$ 2.59
Earnings per common share - basic, discontinued operations (in USD per share)		(0.02)	0	(0.27)	(0.01)
Total earnings per common share - basic (in USD per share)		0.64	3.19	1.54	2.58
Earnings (loss) per common share - diluted
Earnings per common share - diluted, continuing operations (in USD per share)		0.65	3.14	1.79	2.56
Earnings per common share - diluted, discontinued operations (in USD per share)		(0.02)	0	(0.26)	(0.01)
Total earnings per common share - diluted (in USD per share)		$ 0.63	$ 3.15	$ 1.52	$ 2.54
Weighted average shares outstanding
Basic (in shares)		395,253	395,189	399,223	416,103
Diluted (in shares)		401,276	400,496	403,559	422,081
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	[1]	$ 252,793	$ 1,259,792	$ 614,923	$ 1,074,106
Foreign currency translation and other
Gains (losses) arising during the period		62,978	(225,295)	202,428	(52,028)
Income tax effect		6,354	(23,515)	45,950	(24,382)
Defined benefit pension plans
Current period actuarial gains (losses), including plan amendments and curtailments		(6,405)	15,198	(19,801)	(5,384)
Amortization of net deferred actuarial losses		8,548	28,474	41,440	65,212
Amortization of deferred prior service costs		647	494	2,646	2,584
Reclassification of net actuarial loss from settlement charge		0	8,856	0	50,922
Reclassification of deferred prior service cost due to curtailments		0	9,530	1,671	0
Income tax effect		(459)	(16,118)	(15,208)	(43,836)
Derivative financial instruments
Gains (losses) arising during period		(25,530)	156,513	(138,716)	90,708
Income tax effect		4,452	(19,295)	15,636	(9,672)
Reclassification to net income for (gains) losses realized		13,960	28,341	(24,067)	(107,457)
Income tax effect		(2,435)	(1,228)	3,344	35,092
Other comprehensive income (loss)		62,110	(38,045)	115,323	1,759
Comprehensive income		$ 314,903	$ 1,221,747	$ 730,246	$ 1,075,865
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
OPERATING ACTIVITIES
Net income	[1]	$ 252,793	$ 1,259,792	$ 614,923	$ 1,074,106
Adjustments to reconcile net income to cash provided (used) by operating activities:
Impairment of goodwill and intangible assets	[1]	0	0	104,651	79,644
Depreciation and amortization	[1]	71,532	301,005	290,503	281,577
Stock-based compensation	[1]	25,440	105,157	81,641	67,762
Provision for doubtful accounts	[1]	2,660	22,553	21,171	17,283
Pension expense (less than) in excess of contributions	[1]	1,413	(1,850)	25,022	89,005
Deferred income taxes	[1]	303	(62,901)	(79,838)	(71,625)
Loss on sale of businesses	[1]	18,065	28,262	29,841	104,357
Other, net	[1]	(7,148)	(31,612)	(2,006)	(15,232)
Changes in operating assets and liabilities:
Accounts receivable	[1]	38,686	(373,012)	(107,083)	47,102
Inventories	[1]	(156,292)	(135,099)	17,005	(37,210)
Accounts payable	[1]	(187,553)	111,678	21,494	(9,553)
Income taxes	[1]	(65,234)	(19,974)	460,350	(129,574)
Accrued liabilities	[1]	(172,396)	484,858	31,928	28,904
Other assets and liabilities	[1]	(65,492)	(24,634)	(34,942)	(45,978)
Cash provided (used) by operating activities	[1]	(243,223)	1,664,223	1,474,660	1,480,568
INVESTING ACTIVITIES
Business acquisitions, net of cash received	[1]	0	(320,405)	(740,541)	0
Proceeds from sale of businesses, net of cash sold	[1]	0	430,286	214,968	115,983
Capital expenditures	[1]	(54,374)	(250,634)	(169,553)	(175,840)
Software purchases	[1]	(19,289)	(56,207)	(65,177)	(44,226)
Other, net	[1]	17,673	(23,672)	(15,948)	(8,331)
Cash used by investing activities	[1]	(55,990)	(220,632)	(776,251)	(112,414)
FINANCING ACTIVITIES
Net (decrease) increase in short-term borrowings	[1]	795,908	(864,177)	686,453	(421,069)
Payments on long-term debt	[1]	(1,484)	(6,264)	(254,314)	(13,276)
Payment of debt issuance costs	[1]	0	(2,123)	0	(6,807)
Proceeds from long-term debt	[1]	0	0	0	951,817
Purchases of treasury stock	[1]	(250,282)	(150,676)	(1,200,356)	(1,000,468)
Cash dividends paid	[1]	(181,373)	(767,061)	(684,679)	(635,994)
Proceeds from issuance of Common Stock, net of shares withheld for taxes	[1]	44,017	199,296	89,893	48,918
Cash (used) provided by financing activities	[1]	406,786	(1,591,005)	(1,363,003)	(1,076,879)
Effect of foreign currency rate changes on cash, cash equivalents and restricted cash	[1]	12,220	14,811	2,965	(6,645)
Net change in cash, cash equivalents and restricted cash	[1]	119,793	(132,603)	(661,629)	284,630
Cash, cash equivalents and restricted cash — beginning of year	[1]	569,397	689,190	1,231,026	946,396
Cash, cash equivalents and restricted cash — end of year	[1]	$ 689,190	$ 556,587	$ 569,397	$ 1,231,026
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows Parenthetical - USD ($) $ in Thousands		Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016
Statement of Cash Flows [Abstract]
Cash and equivalents	[1]	$ 543,011	$ 680,762	$ 563,483	$ 1,224,975
Other current assets	[1]	3,645	3,804	2,452	2,469
Current assets of discontinued operations	[1]	0	2,330	2,592	2,887
Other assets	[1]	9,931	2,294	870	695
Total cash, cash equivalents and restricted cash	[1]	$ 556,587	$ 689,190	$ 569,397	$ 1,231,026
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total		Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning balance (in shares) at Jan. 02, 2016			426,614,274
Beginning balance at Jan. 02, 2016	$ 5,384,838		$ 106,654	$ 3,192,675	$ (1,043,222)	$ 3,128,731
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,074,106	[1]				1,074,106
Dividends on Common Stock	(635,994)					(635,994)
Purchases of treasury stock (in shares)			(15,932,075)
Purchase of treasury stock	(1,000,468)		$ (3,983)			(996,485)
Stock-based compensation, net (in shares)			3,330,755
Stock-based compensation, net	116,680		$ 832	140,748		(24,900)
Foreign currency translation and other	(76,410)				(76,410)
Defined benefit pension plans	69,498				69,498
Derivative financial instruments	8,671				8,671
Ending balance (in shares) at Dec. 31, 2016			414,012,954
Ending balance at Dec. 31, 2016	4,940,921		$ 103,503	3,333,423	(1,041,463)	2,545,458
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of new accounting standard	(237,764)					(237,764)
Net income	614,923	[1]				614,923
Dividends on Common Stock	(684,679)					(684,679)
Purchases of treasury stock (in shares)			(22,213,162)
Purchase of treasury stock	(1,200,356)		$ (5,553)			(1,194,803)
Stock-based compensation, net (in shares)			4,021,989
Stock-based compensation, net	171,532		$ 1,005	189,917		(19,390)
Foreign currency translation and other	248,378				248,378
Defined benefit pension plans	10,748				10,748
Derivative financial instruments	$ (143,803)				(143,803)
Ending balance (in shares) at Dec. 30, 2017	395,821,781		395,821,781
Ending balance at Dec. 30, 2017	$ 3,719,900		$ 98,955	3,523,340	(926,140)	1,023,745
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance adjustment (Note 1)	15,492					15,492
Net income	252,793	[1]				252,793
Dividends on Common Stock	(181,373)					(181,373)
Purchases of treasury stock (in shares)			(3,361,101)
Purchase of treasury stock	(250,282)		$ (840)			(249,442)
Stock-based compensation, net (in shares)			1,852,390
Stock-based compensation, net	69,456		$ 463	84,084		(15,091)
Foreign currency translation and other	69,332				69,332
Defined benefit pension plans	2,331				2,331
Derivative financial instruments	$ (9,553)				(9,553)
Ending balance (in shares) at Mar. 31, 2018	394,313,070		394,313,070
Ending balance at Mar. 31, 2018	$ 3,688,096		$ 98,578	3,607,424	(864,030)	846,124
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of new accounting standard	1,956					1,956
Net income	1,259,792	[1]				1,259,792
Dividends on Common Stock	(767,061)					(767,061)
Purchases of treasury stock (in shares)			(1,868,934)
Purchase of treasury stock	(150,676)		$ (467)			(150,209)
Stock-based compensation, net (in shares)			4,380,526
Stock-based compensation, net	304,454		$ 1,095	314,360		(11,001)
Foreign currency translation and other	(248,810)				(248,810)
Defined benefit pension plans	46,434				46,434
Derivative financial instruments	$ 164,331				164,331
Ending balance (in shares) at Mar. 30, 2019	396,824,662		396,824,662
Ending balance at Mar. 30, 2019	$ 4,298,516		$ 99,206	$ 3,921,784	$ (902,075)	$ 1,179,601
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity Parenthetical - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Statement of Stockholders' Equity [Abstract]
Dividends (in USD per share)	$ 0.46	$ 1.94	$ 1.72	$ 1.53

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business VF Corporation (together with its subsidiaries, collectively known as “VF” or the "Company”) is a global apparel and footwear company based in the United States. VF designs, produces, procures, markets and distributes a variety of branded lifestyle products, including outerwear, footwear, occupational and performance apparel, jeanswear, backpacks and luggage for consumers of all ages. Products are marketed primarily under VF-owned brand names. Basis of Presentation The consolidated financial statements and related disclosures are presented in accordance with generally accepted accounting principles in the U.S (“GAAP”). The consolidated financial statements include the accounts of VF and its controlled subsidiaries, after elimination of intercompany transactions and balances. The Nautica ® brand business, the Licensing Business (which comprised the Licensed Sports Group and JanSport ® brand collegiate businesses), and the former Contemporary Brands segment have been reported as discontinued operations in our Consolidated Statements of Income, and the related held-for-sale assets and liabilities have been presented as assets and liabilities of discontinued operations in the Consolidated Balance Sheets, through their dates of disposal. These changes have been applied to all periods presented. Unless otherwise noted, discussion within these notes to the consolidated financial statements relates to continuing operations. Refer to Note 4 for additional information on discontinued operations. Fiscal Year VF operates and reports using a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. VF previously used a 52/53 week fiscal year ending on the Saturday closest to December 31 of each year. VF's current fiscal year ran from April 1, 2018 through March 30, 2019 ("Fiscal 2019"). All references to the periods ended March 2019 , December 2017 and December 2016 relate to the 52-week fiscal years ended March 30, 2019 , December 30, 2017 and December 31, 2016 , respectively. All references to the period ended March 2018 relate to the 13-week transition period ended March 31, 2018. Certain foreign subsidiaries reported using a December 31 year-end for the years ended December 2017 and December 2016, and using a March 31 year-end for Fiscal 2019 due to local statutory requirements. The impact to VF's consolidated financial statements is not material. Use of Estimates In preparing the consolidated financial statements in accordance with GAAP, management makes estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates. Foreign Currency Translation and Transaction The financial statements of most foreign subsidiaries are measured using the foreign currency as the functional currency. Assets and liabilities denominated in a foreign currency are translated into U.S. dollars using exchange rates in effect at the balance sheet date, and revenues and expenses are translated at average exchange rates during the period. Resulting translation gains and losses, and transaction gains and losses on long-term advances to foreign subsidiaries, are reported in other comprehensive income (loss) (“OCI”). Foreign currency transactions are denominated in a currency other than the functional currency of a particular entity. These transactions generally result in receivables or payables that are fixed in the foreign currency. Transaction gains or losses arise when exchange rate fluctuations either increase or decrease the functional currency cash flows from the originally recorded transaction. As discussed in Note 23, VF enters into derivative contracts to manage foreign currency risk on certain of these transactions. Foreign currency transaction gains and losses reported in the Consolidated Statements of Income, net of the related hedging losses and gains, were a loss of $15.5 million in the year ended March 2019 , a gain of $6.8 million in the three months ended March 2018 , a gain of $4.8 million in the year ended December 2017 and a loss of $9.7 million in the year ended December 2016 . Cash and Equivalents Cash and equivalents are demand deposits, receivables from third-party credit card processors, and highly liquid investments that mature within three months of their purchase dates. Cash equivalents totaling $256.8 million , $192.8 million and $279.0 million at March 2019 , March 2018 and December 2017 , respectively, consist of money market funds and short-term time deposits. Accounts Receivable Upon adoption of the new revenue recognition accounting standard in Fiscal 2019 (see "Recently Adopted Accounting Standards" section below), trade accounts receivable are recorded at invoiced amounts, less contractual allowances for trade terms, sales incentive programs and discounts. Prior to the adoption of the new revenue recognition accounting standard, trade accounts receivable were recorded at invoiced amounts, less estimated allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks and returns as discussed below in the "Revenue Recognition" section. Royalty receivables are recorded at amounts earned based on the licensees’ sales of licensed products, subject in some cases to contractual minimum royalties due from individual licensees. VF maintains an allowance for doubtful accounts for estimated losses that will result from the inability of customers and licensees to make required payments. The allowance is determined based on review of specific customer accounts where collection is doubtful, as well as an assessment of the collectability of total receivables considering the aging of balances, historical and anticipated trends, and current economic conditions. All accounts are subject to ongoing review of ultimate collectability. Receivables are written off against the allowance when it is probable the amounts will not be recovered. Inventories Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out (“FIFO”) method and is net of discounts or rebates received from vendors. Long-lived Assets, Including Intangible Assets and Goodwill Property, plant and equipment, intangible assets and goodwill are initially recorded at cost. VF capitalizes improvements to property, plant and equipment that substantially extend the useful life of the asset, and interest cost incurred during construction of major assets. Assets under capital leases are recorded at the present value of minimum lease payments. Repair and maintenance costs are expensed as incurred. Cost for acquired intangible assets represents the fair value at acquisition date, which is generally based on the present value of expected cash flows. Trademark intangible assets represent individual acquired trademarks, some of which are registered in multiple countries. Customer relationship intangible assets are based on the value of relationships with wholesale customers in place at the time of acquisition. License intangible assets relate to VF's licensing contracts with customers. Goodwill represents the excess of cost of an acquired business over the fair value of net tangible assets and identifiable intangible assets acquired. Goodwill is assigned at the reporting unit level. Depreciation of property, plant and equipment is computed using the straight-line method over the estimated useful lives of the assets, ranging from 3 to 10 years for machinery and equipment and up to 40 years for buildings. Amortization expense for leasehold improvements and assets under capital leases is recognized over the shorter of their estimated useful lives or the lease terms, and is included in depreciation expense. Intangible assets determined to have indefinite lives, consisting of major trademarks and trade names, are not amortized. Other intangible assets, primarily customer relationships, license intangible assets and trademarks determined to have a finite life, are amortized over their estimated useful lives ranging from 3 to 24 years. Amortization of intangible assets is computed using straight-line or accelerated methods consistent with the timing of the expected benefits to be received. Depreciation and amortization expense related to producing or otherwise obtaining finished goods inventories is included in cost of goods sold, and other depreciation and amortization expense is included in selling, general and administrative expenses. VF’s policy is to review property, plant and equipment and amortizable intangible assets for possible impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. If forecasted undiscounted cash flows to be generated by the asset are not expected to recover the asset’s carrying value, an impairment charge is recorded for the excess of the asset’s carrying value over its estimated fair value. VF’s policy is to evaluate indefinite-lived intangible assets and goodwill for possible impairment as of the beginning of the fourth quarter of each year, or whenever events or changes in circumstances indicate that the fair value of such assets may be below their carrying amount. VF may first assess qualitative factors as a basis for determining whether it is necessary to perform quantitative impairment testing. If VF determines that it is not more likely than not that the fair value of an asset or reporting unit is less than its carrying value, then no further testing is required. Otherwise, the assets must be quantitatively tested for impairment. An indefinite-lived intangible asset is quantitatively evaluated for possible impairment by comparing the estimated fair value of the asset with its carrying value. An impairment charge is recorded if the carrying value of the asset exceeds its estimated fair value. Goodwill is quantitatively evaluated for possible impairment by comparing the estimated fair value of a reporting unit with its carrying value, including the goodwill assigned to that reporting unit. An impairment charge is recorded if the carrying value of the reporting unit exceeds its estimated fair value. Derivative Financial Instruments Derivative financial instruments are measured at fair value in the Consolidated Balance Sheets. Unrealized gains and losses are recognized as assets and liabilities, respectively, and classified as current or noncurrent based on the derivatives’ maturity dates. The accounting for changes in the fair value of derivative instruments (i.e., gains and losses) depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. To qualify for hedge accounting treatment, all hedging relationships must be formally documented at the inception of the hedges and must be highly effective in offsetting changes to future cash flows of hedged transactions. VF’s hedging practices are described in Note 23. VF does not use derivative instruments for trading or speculative purposes. Hedging cash flows are classified in the Consolidated Statements of Cash Flows in the same category as the items being hedged. VF formally documents hedging instruments and hedging relationships at the inception of each contract. Further, at the inception of a contract and on an ongoing basis, VF assesses whether the hedging instruments are effective in offsetting the risk of the hedged transactions. Occasionally, a portion of a derivative instrument will be considered ineffective in hedging the originally identified exposure due to a decline in amount or a change in timing of the hedged exposure. In that case, hedge accounting treatment is discontinued for the ineffective portion of that hedging instrument, and any change in fair value for the ineffective portion is recognized in net income. VF also uses derivative contracts to manage foreign currency exchange risk on certain assets and liabilities, and to hedge the exposure on the foreign currency denominated purchase price of acquisitions. These contracts are not designated as hedges, and are measured at fair value in the Consolidated Balance Sheets with changes in fair value recognized directly in net income. The counterparties to the derivative contracts are financial institutions having at least A-rated investment grade credit ratings. To manage its credit risk, VF continually monitors the credit risks of its counterparties, limits its exposure in the aggregate and to any single counterparty, and adjusts its hedging positions as appropriate. The impact of VF’s credit risk and the credit risk of its counterparties, as well as the ability of each party to fulfill its obligations under the contracts, is considered in determining the fair value of the derivative contracts. Credit risk has not had a significant effect on the fair value of VF’s derivative contracts. VF does not have any credit risk-related contingent features or collateral requirements with its derivative contracts. Revenue Recognition As discussed in the "Recently Adopted Accounting Standards" section below, the Company adopted the new revenue recognition standard at the beginning of Fiscal 2019. Accordingly, revenue is recognized when performance obligations under the terms of a contract with the customer are satisfied based on the transfer of control of promised goods or services. The transfer of control typically occurs at a point in time based on consideration of when the customer has (i) an obligation to pay for, (ii) physical possession of, (iii) legal title to, (iv) risks and rewards of ownership of, and (v) accepted the goods or services. The timing of revenue recognition within the wholesale channel occurs either on shipment or delivery of goods based on contractual terms with the customer. The timing of revenue recognition in the direct-to-consumer channel generally occurs at the point of sale within VF-operated or concession retail stores and either on shipment or delivery of goods for e-commerce transactions based on contractual terms with the customer. For finished products shipped directly to customers from our suppliers, the Company's promise to the customer is a performance obligation to provide the specified goods, and thus the Company is the principal in the arrangement and revenue is recognized on a gross basis at the transaction price. For sourcing arrangements, the Company's promise to the customer is to arrange for certain goods, typically finished products, to be provided and thus the Company is acting as an agent and revenue is recognized on a net basis at the fee amount earned. The duration of contractual arrangements with our customers in the wholesale and direct-to-consumer channels is typically less than one year. Payment terms with wholesale customers are generally between 30 and 60 days while direct-to-consumer arrangements have shorter terms. The Company does not adjust the promised amount of consideration for the effects of a significant financing component as it is expected, at contract inception, that the period between the transfer of the promised good or service to the customer and the customer payment for the good or service will be one year or less. The amount of revenue recognized in both wholesale and direct-to-consumer channels reflects the expected consideration to be received for providing the goods or services to the customer, which includes estimates for variable consideration. Variable consideration includes allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks and product returns. Estimates of variable consideration are determined at contract inception and reassessed at each reporting date, at a minimum, to reflect any changes in facts and circumstances. The Company utilizes the expected value method in determining its estimates of variable consideration, based on evaluations of specific product and customer circumstances, historical and anticipated trends, and current economic conditions. Certain products sold by the Company include an assurance warranty. Product warranty costs are estimated based on historical and anticipated trends, and are recorded as cost of goods sold at the time revenue is recognized. Revenue from the sale of gift cards is deferred and recorded as a contract liability until the gift card is redeemed by the customer, factoring in breakage as appropriate. Various VF brands maintain customer loyalty programs where customers earn rewards from qualifying purchases or activities, which are redeemable for discounts on future purchases or other rewards. For its customer loyalty programs, the Company estimates the standalone selling price of the loyalty rewards and allocates a portion of the consideration for the sale of products to the loyalty points earned. The deferred amount is recorded as a contract liability, and is recognized as revenue when the points are redeemed or when the likelihood of redemption is remote. The Company has elected to treat all shipping and handling activities as fulfillment costs and recognize the costs as selling, general and administrative expenses at the time the related revenue is recognized. Shipping and handling costs billed to customers are included in net revenues. Sales taxes and value added taxes collected from customers and remitted directly to governmental authorities are excluded from the transaction price. The Company has licensing agreements for its symbolic intellectual property, most of which include minimum guaranteed royalties. Royalty income is recognized as earned over the respective license term based on the greater of minimum guarantees or the licensees' sales of licensed products at rates specified in the licensing contracts. Royalty income related to the minimum guarantees is recognized using a measure of progress with variable amounts recognized only when the cumulative earned royalty exceeds the minimum guarantees. As of March 2019 , the Company expects to recognize $109.4 million of fixed consideration related to the future minimum guarantees in effect under its licensing agreements and expects such amounts to be recognized over time through December 2024. The variable consideration is not disclosed as a remaining performance obligation as the licensing arrangements qualify for the sales-based royalty exemption. The Company has applied the practical expedient to recognize incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that otherwise would have been recognized is one year or less. For periods prior to the adoption of the new revenue recognition standard, revenue was recognized when (i) there was a contract or other arrangement of sale, (ii) the sales price was fixed or determinable, (iii) title and the risks of ownership had been transferred to the customer, and (iv) collection of the receivable was reasonably assured. Sales to wholesale customers were recognized when title and the risks and rewards of ownership had passed to the customer, based on the terms of sale. E-commerce sales were generally recognized when the product had been received by the customer. Sales at the Company-operated and concession retail stores were recognized at the time products were purchased by consumers. Revenue from the sale of gift cards was deferred until the gift card was redeemed by the customer or the Company determined that the likelihood of redemption was remote and that it did not have a legal obligation to remit the value of the unredeemed gift card to any jurisdiction under unclaimed property regulations. Various VF brands maintained customer loyalty programs where customers earned rewards from qualifying purchases or activities. VF recognized revenue when (i) rewards were redeemed by the customer, (ii) points or certificates expired, or (iii) a breakage factor was applied based on historical redemption patterns. Net revenues reflected adjustments for estimated allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks and returns. These allowances were estimated based on evaluations of specific product and customer circumstances, historical and anticipated trends and current economic conditions. Shipping and handling costs billed to customers were included in net revenues. Sales taxes and value added taxes collected from customers and remitted directly to governmental authorities were excluded from net revenues. Royalty income was recognized as earned based on the greater of the licensees’ sale of licensed products at rates specified in the licensing contracts or contractual minimum royalty levels. Cost of Goods Sold Cost of goods sold for VF-manufactured goods includes all materials, labor and overhead costs incurred in the production process. Cost of goods sold for purchased finished goods includes the purchase costs and related overhead. In both cases, overhead includes all costs related to manufacturing or purchasing finished goods, including costs of planning, purchasing, quality control, depreciation, freight, duties, royalties paid to third parties and shrinkage. For product lines with a warranty, a provision for estimated future repair or replacement costs, based on historical and anticipated trends, is recorded when these products are sold. Selling, General and Administrative Expenses Selling, general and administrative expenses include costs of product development, selling, marketing and advertising, VF-operated retail stores, concession retail stores, warehousing, distribution, shipping and handling, licensing and administration. Advertising costs are expensed as incurred and totaled $845.7 million in the year ended March 2019 , $185.7 million in the three months ended March 2018 , $715.9 million in the year ended December 2017 and $637.6 million in the year ended December 2016 . Advertising costs include cooperative advertising payments made to VF’s customers as reimbursement for certain costs of advertising VF’s products, which totaled $29.5 million in the year ended March 2019 , $7.1 million in the three months ended March 2018 , $44.6 million in the year ended December 2017 and $51.8 million in the year ended December 2016 . Shipping and handling costs for delivery of products to customers totaled $484.9 million in the year ended March 2019 , $96.1 million in the three months ended March 2018 , $349.1 million in the year ended December 2017 and $307.3 million in the year ended December 2016 . Expenses related to royalty income, including amortization of licensed intangible assets, were $3.6 million in the year ended March 2019 , $0.9 million in the three months ended March 2018 , $4.2 million in the year ended December 2017 and $4.5 million in the year ended December 2016 . Rent Expense VF enters into noncancelable operating leases for retail stores, office space, distribution facilities and equipment. Leases for real estate typically have initial terms ranging from 3 to 15 years, generally with renewal options. Leases for equipment typically have initial terms ranging from 2 to 5 years. Most leases have fixed rentals, with many of the real estate leases requiring additional payments for real estate taxes and occupancy-related costs. Contingent rent expense, owed when sales at individual retail store locations exceed a stated base amount, is recognized when the liability is probable. Rent expense for leases having rent holidays, landlord incentives or scheduled rent increases is recorded on a straight-line basis over the lease term beginning with the earlier of the lease commencement date or the date VF takes possession or control of the leased premises. The amount of the excess straight-line rent expense over scheduled payments is recorded as a deferred liability. Self-insurance VF is self-insured for a significant portion of its employee medical, workers’ compensation, vehicle, property and general liability exposures. Liabilities for self-insured exposures are accrued at the present value of amounts expected to be paid based on historical claims experience and actuarial data for forecasted settlements of claims filed and for incurred but not yet reported claims. Accruals for self-insured exposures are included in current and noncurrent liabilities based on the expected periods of payment. Excess liability insurance has been purchased to limit the amount of self-insured risk on claims. Income Taxes Income taxes are provided on pre-tax income for financial reporting purposes. Income taxes are based on amounts of taxes payable or refundable in the current year and on expected future tax consequences of events that are recognized in the consolidated financial statements in different periods than they are recognized in tax returns. As a result of timing of recognition and measurement differences between financial accounting standards and income tax laws, temporary differences arise between amounts of pretax financial statement income and taxable income, and between reported amounts of assets and liabilities in the Consolidated Balance Sheets and their respective tax bases. Deferred income tax assets and liabilities reported in the Consolidated Balance Sheets reflect the estimated future tax impact of these temporary differences and net operating loss and net capital loss carryforwards, based on tax rates currently enacted for the years in which the differences are expected to be settled or realized. Realization of deferred tax assets is dependent on future taxable income in specific jurisdictions. Valuation allowances are used to reduce deferred tax assets to amounts considered more likely than not to be realized. Accrued income taxes in the Consolidated Balance Sheets include unrecognized income tax benefits, along with related interest and penalties, appropriately classified as current or noncurrent. All deferred tax assets and liabilities are classified as noncurrent in the Consolidated Balance Sheets. The provision for income taxes also includes estimated interest and penalties related to uncertain tax positions. Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted average number of shares of Common Stock outstanding during the period. Diluted earnings per share assumes conversion of potentially dilutive securities such as stock options, restricted stock and restricted stock units. Concentration of Risks VF markets products to a broad customer base throughout the world. Products are sold at a range of price points through multiple wholesale and direct-to-consumer channels. VF’s ten largest customers, all U.S.-based retailers, accounted for 19% of Fiscal 2019 total revenues. Sales to VF’s largest customer accounted for 8% of Fiscal 2019 total revenues, the majority of which were derived from the Jeans segment. Sales are generally made on an unsecured basis under customary terms that may vary by product, channel of distribution or geographic region. VF continuously monitors the creditworthiness of its customers and has established internal policies regarding customer credit limits. The breadth of product offerings, combined with the large number and geographic diversity of its customers, limits VF’s concentration of risks. Legal and Other Contingencies Management periodically assesses liabilities and contingencies in connection with legal proceedings and other claims that may arise from time to time. When it is probable that a loss has been or will be incurred, an estimate of the loss is recorded in the consolidated financial statements. Estimates of losses are adjusted when additional information becomes available or circumstances change. A contingent liability is disclosed when there is at least a reasonable possibility that a material loss may have been incurred. Management believes that the outcome of any outstanding or pending matters, individually and in the aggregate, will not have a material adverse effect on the consolidated financial statements. Reclassifications Certain prior year amounts have been reclassified to conform with the Fiscal 2019 presentation, as discussed below in the "Recently Adopted Accounting Standards" section. Recently Adopted Accounting Standards In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)" , a new accounting standard on revenue recognition that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. The FASB subsequently issued updates to the standard to provide additional clarification on specific topics. Collectively, the guidance is referred to as FASB Accounting Standards Codification Topic 606 ("ASC 606"). The standard prescribes a five-step approach to revenue recognition: (1) identify the contracts with the customer; (2) identify the separate performance obligations in the contracts; (3) determine the transaction price; (4) allocate the transaction price to separate performance obligations; and (5) recognize revenue when, or as, each performance obligation is satisfied. The standard also requires additional disclosure regarding the nature, amount, timing and uncertainty of revenues and cash flows arising from contracts with customers. The Company adopted this standard on April 1, 2018, utilizing the modified retrospective method and applying this approach to contracts not completed as of that date. The cumulative effect of initially applying the new standard has been recognized in retained earnings. Comparative prior period information has not been restated and continues to be reported under accounting standards in effect for those periods. The adoption of ASC 606 resulted in a net increase of $2.0 million in the retained earnings line item of the Consolidated Balance Sheet as of April 1, 2018. The cumulative effect adjustment relates primarily to (i) recognition of revenues for certain wholesale and e-commerce transactions at shipment rather than upon delivery to the customer based on our evaluation of the transfer of control of the goods, (ii) discontinued capitalization of certain costs related to ongoing customer arrangements, and (iii) adjustments to the timing of recognition for certain royalty amounts. Other effects of the adoption include presentation of allowances for sales incentive programs, discounts, markdowns, chargebacks, and returns as refund liabilities rather than as a reduction to accounts receivable and presentation of the right of return asset within other current assets rather than as a component of inventory in the Consolidated Balance Sheet. Additionally, sourcing fees received from customers and advertising contributions from licensees that had previously been reported as an offset to costs or expenses are now reported as revenue in the Consolidated Statements of Income. Refer to Note 2 for additional revenue disclosures. The following tables compare amounts reported in accordance with the requirements of ASC 606 to the amounts that would have been reported had the new standard not been applied: Condensed Consolidated Balance Sheet March 2019 (In thousands) As Reported Impact of Adoption Balances without Adoption of ASC 606 ASSETS Cash and equivalents $ 543,011 $ — $ 543,011 Accounts receivable, net 1,708,796 (207,941 ) 1,500,855 Inventories 1,943,030 58,998 2,002,028 Other current assets 478,620 (55,668 ) 422,952 Total current assets 4,673,457 (204,611 ) 4,468,846 Property, plant and equipment, net 1,057,268 — 1,057,268 Goodwill and intangible assets, net 3,779,161 — 3,779,161 Other assets 846,899 689 847,588 TOTAL ASSETS $ 10,356,785 $ (203,922 ) $ 10,152,863 LIABILITIES AND STOCKHOLDERS' EQUITY Short-term borrowings and current portion of long-term debt $ 670,318 $ — $ 670,318 Accounts payable 694,733 11,605 706,338 Accrued liabilities 1,296,553 (207,191 ) 1,089,362 Total current liabilities 2,661,604 (195,586 ) 2,466,018 Long-term debt 2,115,884 — 2,115,884 Other liabilities 1,280,781 (1,073 ) 1,279,708 Total liabilities 6,058,269 (196,659 ) 5,861,610 Total stockholders' equity 4,298,516 (7,263 ) 4,291,253 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,356,785 $ (203,922 ) $ 10,152,863 Condensed Consolidated Statements of Income Year Ended March 2019 (In thousands) As Reported Impact of Adoption Balances without Adoption of ASC 606 Net revenues $ 13,848,660 $ 1,336 $ 13,849,996 Cost of goods so

REVENUES

REVENUES	12 Months Ended
	Mar. 30, 2019
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES Performance Obligations Disclosure is required for the aggregate transaction price allocated to performance obligations that are unsatisfied at the end of a reporting period, unless the optional practical expedients are applicable. VF has elected the practical expedients to not disclose the transaction price allocated to remaining performance obligations for (i) variable consideration related to sales-based royalty arrangements, and (ii) contracts with an original expected duration of one year or less. As of March 2019 , there are no arrangements with transaction price allocated to remaining performance obligations other than contracts for which the Company has applied the practical expedients and fixed consideration related to future minimum guarantees discussed in Note 1. For the year ended March 2019 , revenue recognized from performance obligations satisfied, or partially satisfied, in prior periods was not material. Contract Balances Accounts receivable represent the Company's unconditional right to receive consideration from a customer and are recorded at net invoiced amounts, less an estimated allowance for doubtful accounts. Contract assets are rights to consideration in exchange for goods or services that have been transferred to a customer when that right is conditional on something other than the passage of time. Once the Company has an unconditional right to consideration under a contract, amounts are invoiced and contract assets are reclassified to accounts receivable. The Company's primary contract assets relate to sales-based royalty arrangements, which are discussed in more detail within Note 1. Contract liabilities are recorded when a customer pays consideration, or the Company has a right to an amount of consideration that is unconditional, before the transfer of a good or service to the customer and thus represent the Company's obligation to transfer the good or service to the customer at a future date. The Company's primary contract liabilities relate to gift cards, loyalty programs and sales-based royalty arrangements, which are discussed in more detail within Note 1. The following table provides information about accounts receivable, contract assets and contract liabilities: (In thousands) March 2019 At Adoption - April 1, 2018 (a) Accounts receivable, net $ 1,708,796 $ 1,408,587 Contract assets (b) 4,499 2,600 Contract liabilities (c) 32,175 28,252 (a) The Company adopted ASC 606 on April 1, 2018. Refer to Note 1 for additional information. (b) Included in the other current assets line item in the Consolidated Balance Sheets. (c) Included in the accrued liabilities and other liabilities line items in the Consolidated Balance Sheets. For the year ended March 2019 , the Company recognized $65.3 million of revenue that was included in the contract liability balance during the year. The change in the contract asset and contract liability balances primarily results from the timing differences between the Company's satisfaction of performance obligations and the customer's payment. Disaggregation of Revenue The following table shows disaggregation of our revenues by channel and geography, which provides a meaningful depiction of how the nature, timing and uncertainty of revenues are affected by economic factors. The wholesale channel includes fees generated from sourcing activities as the customers and point-in-time revenue recognition are similar to other wholesale arrangements. As discussed in Note 1, we adopted the guidance in ASC 606 effective April 1, 2018 using the modified retrospective method of adoption. As a result, revenue reported for the three months ended March 2018 and years ended December 2017 and 2016 have not been presented. Year ended March 2019 (In thousands) Outdoor Active Work Jeans Other Total Channel revenues Wholesale $ 2,865,630 $ 2,460,692 $ 1,678,473 $ 2,169,088 $ 22,343 $ 9,196,226 Direct-to-consumer 1,770,580 2,234,053 160,970 289,196 101,715 4,556,514 Royalty 12,814 27,047 22,574 33,485 — 95,920 Total $ 4,649,024 $ 4,721,792 $ 1,862,017 $ 2,491,769 $ 124,058 $ 13,848,660 Geographic revenues United States $ 2,246,706 $ 2,499,393 $ 1,492,548 $ 1,763,575 $ 124,058 $ 8,126,280 International 2,402,318 2,222,399 369,469 728,194 — 5,722,380 Total $ 4,649,024 $ 4,721,792 $ 1,862,017 $ 2,491,769 $ 124,058 $ 13,848,660

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Mar. 30, 2019
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Williamson-Dickie On October 2, 2017, VF acquired 100% of the outstanding shares of Williamson-Dickie Mfg. Co. (“Williamson-Dickie”) for $800.7 million in cash, subject to working capital and other adjustments. The purchase price was primarily funded with short-term borrowings. During the three months ended March 2018, the purchase consideration was reduced by $2.3 million associated with the final working capital adjustment, resulting in a revised purchase price of $798.4 million . No additional adjustments have been made since that date, and the purchase price allocation was finalized during the three months ended September 2018. Williamson-Dickie was a privately held company based in Ft. Worth, Texas, and was one of the largest companies in the workwear sector with a portfolio of brands including Dickies ® , Workrite ® , Kodiak ® , Terra ® and Walls ® . The acquisition of Williamson-Dickie brings together complementary assets and capabilities, and creates a workwear business that will now serve an even broader set of consumers and industries around the world. For the six months ended September 2018, Williamson-Dickie contributed revenues of $471.9 million and net income of $33.3 million , including restructuring charges. Given the ongoing integration and change in operating nature of the acquired business, it is impracticable to determine the revenues or operating results contributed subsequent to September 2018. Williamson-Dickie contributed revenues of $233.1 million and net income of $4.9 million to VF in the three months ended March 2018, including restructuring charges. For the period from October 2, 2017 through December 30, 2017, Williamson-Dickie contributed revenues of $247.2 million and net income of $9.6 million to VF, including restructuring charges. The following table summarizes the estimated fair values of the Williamson-Dickie assets acquired and liabilities assumed at the date of acquisition: (In thousands) October 2, 2017 Cash and equivalents $ 60,172 Accounts receivable 146,403 Inventories 251,778 Other current assets 8,447 Property, plant and equipment 105,119 Intangible assets 397,755 Other assets 9,665 Total assets acquired 979,339 Short-term borrowings 17,565 Accounts payable 88,052 Other current liabilities 109,964 Deferred income tax liabilities 15,160 Other noncurrent liabilities 33,066 Total liabilities assumed 263,807 Net assets acquired 715,532 Goodwill 82,863 Purchase price $ 798,395 The goodwill is attributable to the acquired workforce of Williamson-Dickie and the significant synergies expected to arise as a result of the acquisition. All of the goodwill was assigned to the Work segment and $52.3 million is expected to be deductible for tax purposes. The Dickies ® , Kodiak ® , Terra ® and Walls ® trademarks, which management believes to have indefinite lives, have been valued at $316.1 million . The Workrite ® trademark, valued at $0.8 million , is being amortized over three years. Amortizable intangible assets have been assigned values of $78.6 million for customer relationships and $2.3 million for distribution agreements. Customer relationships are being amortized using an accelerated method over periods ranging from 10 - 13 years. Distribution agreements are being amortized on a straight-line basis over four years. Total transaction expenses for the Williamson-Dickie acquisition were $15.0 million , all of which were recognized in the year ended December 2017 in the selling, general and administrative expenses line item in the Consolidated Statements of Income. The following unaudited pro forma summary presents consolidated information of VF as if the acquisition of Williamson-Dickie had occurred on January 3, 2016: (In thousands, except per share amounts) Year Ended December 2017 (unaudited) Year Ended December 2016 (unaudited) Total revenues $ 12,475,116 $ 11,888,704 Income from continuing operations 763,563 1,097,572 Earnings per common share from continuing operations Basic $ 1.91 $ 2.64 Diluted 1.89 2.60 These pro forma amounts have been calculated after applying VF’s accounting policies and adjusting the results of Williamson-Dickie to reflect the additional depreciation and amortization that would have been charged assuming the fair value adjustments to property, plant, and equipment, and intangible assets had been applied from January 3, 2016, with related tax effects. The pro forma financial information in the years ended December 2017 and 2016 exclude $41.6 million and $4.1 million , respectively, of expense related to Williamson-Dickie’s executive compensation plans, which were terminated concurrent with the merger. The pro forma financial information in the year ended December 2016 includes $12.2 million of VF’s transaction expenses related to the acquisition. Pro forma financial information is not necessarily indicative of VF’s operating results if the acquisition had been effected at the date indicated, nor is it necessarily indicative of future operating results. Amounts do not include any marketing leverage, operating efficiencies or cost savings that VF believes are achievable. Icebreaker On April 3, 2018, VF acquired 100% of the stock of Icebreaker Holdings Limited ("Icebreaker") for NZ $274.4 million ( $198.5 million ) in cash, subject to working capital and other adjustments. The purchase price was primarily funded with short-term borrowings. The purchase price increased NZ $0.9 million ($ 0.7 million ) during the three months ended March 2019 and decreased NZ$ 1.4 million ( $0.9 million ) for the year ended March 2019, related to working capital adjustments, resulting in a revised purchase price of NZ $273.0 million ( $197.6 million ). The purchase price allocation was finalized during the three months ended March 2019. Icebreaker was a privately held company based in Auckland, New Zealand. Icebreaker ® , the primary brand, specializes in high-performance apparel based on natural fibers, including Merino wool, plant-based fibers and recycled fibers. It is an ideal complement to VF's Smartwool ® brand, which also features Merino wool in its clothing and accessories. Together, the Smartwool ® and Icebreaker ® brands will position VF as a global leader in the Merino wool and natural fiber categories. For the year ended March 2019 , Icebreaker contributed revenues of $174.2 million , representing 1.3% of VF's total revenue for the period. Icebreaker contributed net income of $14.6 million during the year ended March 2019 , representing 1.2% of VF's net income in the period. The following table summarizes the estimated fair values of the Icebreaker assets acquired and liabilities assumed at the date of acquisition: (In thousands) April 3, 2018 Cash and equivalents $ 6,444 Accounts receivable 16,781 Inventories 31,728 Other current assets 3,931 Property, plant and equipment 3,858 Intangible assets 98,041 Other assets 4,758 Total assets acquired 165,541 Short-term borrowings 7,235 Accounts payable 2,075 Other current liabilities 21,262 Deferred income tax liabilities 26,870 Other noncurrent liabilities 433 Total liabilities assumed 57,875 Net assets acquired 107,666 Goodwill 89,943 Purchase price $ 197,609 The goodwill is attributable to the acquired workforce of Icebreaker and the significant synergies expected to arise as a result of the acquisition. All of the goodwill has been assigned to the Outdoor segment and none is expected to be deductible for tax purposes. The Icebreaker ® trademark, which management determined to have an indefinite life, has been valued at $70.1 million . Amortizable intangible assets have been assigned values of $27.8 million for customer relationships and $0.2 million for distribution agreements. Customer relationships are being amortized using an accelerated method over 11.5 years. Distribution agreements are being amortized on a straight-line basis over four years. Total transaction expenses for the Icebreaker acquisition of $7.4 million have been recognized in the selling, general and administrative expenses line item in the Consolidated Statements of Income, of which $4.1 million , $1.4 million , and $1.9 million was recognized during the year ended March 2019 , the three months ended March 2018, and the year ended December 2017, respectively. In addition, the Company recognized a $9.9 million gain on derivatives used to hedge the purchase price of Icebreaker in the other income (expense), net line item in the Consolidated Statements of Income, of which $0.3 million , $4.3 million , and $5.3 million was recognized during the year ended March 2019 , the three months ended March 2018, and the year ended December 2017, respectively. Pro forma results of operations of the Company would not be materially different as a result of the Icebreaker acquisition and therefore are not presented. Altra On June 1, 2018, VF acquired 100% of the stock of Icon-Altra LLC, plus certain assets in Europe ("Altra"). The purchase price was $131.7 million in cash, subject to working capital and other adjustments and was primarily funded with short-term borrowings. The purchase price decreased $0.1 million during the year ended March 2019 , related to working capital adjustments, resulting in a revised purchase price of $131.6 million . The allocation of the purchase price was finalized during the three months ended December 2018, resulting in a decrease of goodwill by $1.5 million related to a final adjustment to working capital balances. Altra ® , the primary brand, is an athletic and performance-based lifestyle footwear brand, based in Logan, Utah. Altra provides VF with a unique and differentiated technical footwear brand and a capability that, when applied across VF's footwear platforms, will serve as a catalyst for growth. Altra contributed revenues of $50.2 million and net income of $0.8 million during the year ended March 2019 . The following table summarizes the estimated fair values of the Altra assets acquired and liabilities assumed at the date of acquisition: (In thousands) June 1, 2018 Accounts receivable $ 11,629 Inventories 9,310 Other current assets 575 Property, plant and equipment 1,107 Intangible assets 59,700 Total assets acquired 82,321 Accounts payable 5,068 Other current liabilities 7,415 Total liabilities assumed 12,483 Net assets acquired 69,838 Goodwill 61,719 Purchase price $ 131,557 The goodwill is attributable to the significant growth and synergies expected to arise as a result of the acquisition. All of the goodwill was assigned to the Outdoor segment and is expected to be deductible for tax purposes. The Altra ® trademark, which management determined to have an indefinite life, has been valued at $46.4 million . Amortizable intangible assets have been assigned values of $13.0 million for customer relationships and $0.3 million for distribution agreements. Customer relationships are being amortized using an accelerated method over 15 years. Distribution agreements are being amortized on a straight-line basis over four years. Total transaction expenses for the Altra acquisition were $2.3 million , all of which were recognized in the selling, general and administrative expenses line item in the Consolidated Statements of Income during the year ended March 2019. Pro forma results of operations of the Company would not be materially different as a result of the Altra acquisition and therefore are not presented.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
	Mar. 30, 2019
Receivables [Abstract]
ACCOUNTS RECEIVABLE	ACCOUNTS RECEIVABLE (In thousands) March 2019 March 2018 December 2017 Trade $ 1,625,495 $ 1,347,896 $ 1,365,321 Royalty and other 111,677 85,684 90,931 Total accounts receivable 1,737,172 1,433,580 1,456,252 Less allowance for doubtful accounts 28,376 24,993 26,266 Accounts receivable, net $ 1,708,796 $ 1,408,587 $ 1,429,986 VF has an agreement with a financial institution to sell selected trade accounts receivable on a recurring, nonrecourse basis. This agreement was amended in August 2018 to permit up to $377.5 million of VF's accounts receivable to be sold to the financial institution and remain outstanding at any point in time, compared to the $367.5 million limit in place at March 2018 and December 2017. VF removes the accounts receivable from the Consolidated Balance Sheets at the time of sale. VF does not retain any interests in the sold accounts receivable but continues to service and collect outstanding accounts receivable on behalf of the financial institution. During the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 , VF sold total accounts receivable of $1,110.7 million , $258.5 million , $1,180.7 million and $1,333.9 million , respectively. As of March 2019 , March 2018 and December 2017 , $182.1 million , $191.2 million and $219.1 million , respectively, of the sold accounts receivable had been removed from the Consolidated Balance Sheets but remained outstanding with the financial institution. The funding fee charged by the financial institution is included in the other income (expense), net line item in the Consolidated Statements of Income, and was $5.8 million for the year ended March 2019 , $1.1 million for the three months ended March 2018 , $3.9 million for the year ended December 2017 and $3.4 million for the year ended December 2016 . Net proceeds of this program are classified in operating activities in the Consolidated Statements of Cash Flows.

DISCONTINUED OPERATIONS AND OTH

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES	12 Months Ended
	Mar. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS AND OTHER DIVESTITURES	DISCONTINUED OPERATIONS AND OTHER DIVESTITURES The Company continuously assesses the composition of its portfolio to ensure it is aligned with its strategic objectives and positioned to maximize growth and return to shareholders. Discontinued Operations Nautica ® Brand Business During the three months ended December 2017, the Company reached the strategic decision to exit the Nautica ® brand business, and determined that it met the held-for-sale and discontinued operations accounting criteria. Accordingly, the Company has reported the results of the Nautica ® brand business as discontinued operations in the Consolidated Statements of Income and presented the related held-for-sale assets and liabilities as assets and liabilities of discontinued operations in the Consolidated Balance Sheets through the date of sale. On April 30, 2018, VF completed the sale of the Nautica ® brand business. The Company received proceeds of $285.8 million , net of cash sold, resulting in a final after-tax loss on sale of $38.2 million , which includes a decrease of $5.4 million and an increase of $18.1 million in the estimated loss on sale included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Income for the year ended March 2019 and the three months ended March 2018, respectively. The year ended December 2017 includes a $25.5 million estimated loss on sale. The results of the Nautica ® brand's North America business were previously reported in the former Sportswear segment, and the results of the Asia business were previously reported in the former Outdoor & Action Sports segment. The results of the Nautica ® brand business recorded in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Income were income of $0.8 million (including a $5.4 million decrease in the estimated loss on sale), losses of $8.4 million (including an $18.1 million increase in the estimated loss on sale), losses of $95.2 million (including an estimated loss on sale of $25.5 million and an impairment charge of $104.7 million ) and income of $31.4 million for the year ended March 2019, the three months ended March 2018 and the years ended December 2017 and 2016, respectively. Certain corporate overhead costs and segment costs previously allocated to the Nautica ® brand business for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations. In addition, the goodwill impairment charge recorded in the three months ended September 30, 2017 of $104.7 million related to the Nautica ® reporting unit, previously excluded from the calculation of segment profit, was reclassified to discontinued operations. Under the terms of the transition services agreement, the Company is providing certain support services for periods up to 12 months from the closing date of the transaction. Revenue and related expense items associated with the transition services are recorded in the Other category, and operating expense reimbursements are recorded within the corporate and other expenses line item, in the reconciliation of segment revenues and segment profit in Note 19. Licensing Business During the three months ended April 1, 2017, the Company reached the strategic decision to exit its Licensing Business, which comprised the Licensed Sports Group (“LSG”) and the JanSport ® brand collegiate businesses. Accordingly, the Company has reported the results of the businesses as discontinued operations in the Consolidated Statements of Income through their respective dates of sale. LSG included the Majestic ® brand and was previously reported within the former Imagewear segment. On April 28, 2017, VF completed the sale of the LSG business. The Company received proceeds of $213.5 million , net of cash sold, resulting in a final after-tax loss on sale of $4.1 million , which is included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statement of Income for the year ended December 2017. The LSG results recorded in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Income were losses of $4.6 million (including the loss on sale of $4.1 million ) and income of $63.3 million for the years ended December 2017 and 2016, respectively. During the three months ended December 2017, VF completed the sale of the assets associated with the JanSport ® brand collegiate business, which was previously included within the former Outdoor & Action Sports segment. The Company received net proceeds of $1.5 million and recorded a final after-tax loss on sale of $0.2 million , which is included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statement of Income for the year ended December 2017. The JanSport ® brand collegiate results recorded in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Income were losses of $6.5 million (including the loss on sale of $0.2 million ) and $1.0 million for the years ended December 2017 and 2016, respectively. Certain corporate overhead and other costs previously allocated to the Licensing Business for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations. Under the terms of the transition services agreement, the Company is providing certain support services for periods up to 24 months from the closing date of the transaction. Revenue and related expense items associated with the transition services are recorded in the Work segment, and operating expense reimbursements are recorded within the corporate and other expenses line item in the reconciliation of segment revenues and segment profit in Note 19. Former Contemporary Brands Segment During the three months ended July 2, 2016, the Company reached the strategic decision to sell the businesses in its former Contemporary Brands segment. Accordingly, the Company has reported the results of the former Contemporary Brands segment as discontinued operations in the Consolidated Statements of Income through the date of sale. On August 26, 2016, VF completed the sale of its former Contemporary Brands segment and received proceeds of $116.0 million , net of cash sold. The former Contemporary Brands segment included the businesses of the 7 For All Mankind ® , Splendid ® and Ella Moss ® brands and was previously disclosed as a separate reportable segment of VF. The transaction resulted in an after-tax loss on sale of $104.4 million which was included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statement of Income for the year ended December 2016. The results of the former Contemporary Brands segment recorded in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statement of Income were losses of $98.4 million (including the loss on sale of $104.4 million ) for the year ended December 2016. Certain corporate overhead costs previously allocated to the former Contemporary Brands segment for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations. VF provided certain support services under transition services agreements and completed these services during the three months ended September 30, 2017. These services did not have a material impact on VF’s Consolidated Statement of Income for the year ended December 2017. Summarized Discontinued Operations Financial Information The following table summarizes the major line items included for the Nautica ® brand business, the Licensing Business and the former Contemporary Brands segment that are included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Income: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Net revenues $ 21,913 $ 94,362 $ 588,383 $ 1,180,677 Cost of goods sold 14,706 48,946 349,382 691,715 Selling, general and administrative expenses 12,391 34,649 191,898 354,773 Impairment of goodwill — — 104,651 — Interest expense, net — — (27 ) (199 ) Other income, net 272 — 6 2 (Loss) income from discontinued operations before income taxes (4,912 ) 10,767 (57,569 ) 133,992 Gain (loss) on the sale of discontinued operations before income taxes 4,589 (18,065 ) (34,019 ) (154,275 ) Total loss from discontinued operations before income taxes (323 ) (7,298 ) (91,588 ) (20,283 ) Income tax benefit (expense) (a) 1,111 (1,073 ) (14,698 ) 15,535 Income (loss) from discontinued operations, net of tax $ 788 $ (8,371 ) $ (106,286 ) $ (4,748 ) (a) Income tax expense for the year ended December 2017 was impacted by $8.6 million of tax expense related to GAAP and tax basis differences for the LSG business. Additionally, the goodwill impairment charge and estimated loss on sale related to the Nautica ® brand business for the year ended December 2017 were nondeductible for income tax purposes. The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented. (In thousands) March 2019 March 2018 December 2017 Cash $ — $ 2,330 $ 2,592 Accounts receivable, net — 26,298 27,941 Inventories — 55,610 43,297 Other current assets — 1,247 2,497 Property, plant and equipment, net — 15,021 14,914 Intangible assets — 262,202 262,352 Goodwill — 49,005 49,005 Other assets — 3,961 3,631 Allowance to reduce assets to estimated fair value, less costs to sell — (42,094 ) (25,529 ) Total assets of discontinued operations $ — $ 373,580 $ 380,700 Accounts payable $ — $ 11,619 $ 16,993 Accrued liabilities — 10,658 18,203 Other liabilities — 11,912 12,011 Deferred income tax liabilities (a) — 51,838 53,812 Total liabilities of discontinued operations $ — $ 86,027 $ 101,019 (a) Deferred income tax balances reflect VF's consolidated netting by jurisdiction. The cash flows related to discontinued operations have not been segregated, and are included in the Consolidated Statements of Cash Flows. The following table summarizes depreciation and amortization, capital expenditures and the significant operating noncash items from discontinued operations for the years ended December 2017 and 2016: Year Ended December (In thousands) 2017 2016 Depreciation and amortization $ 14,023 $ 27,360 Capital expenditures 2,592 4,795 Impairment of goodwill 104,651 — Depreciation and amortization, capital expenditures and operating noncash items related to discontinued operations were not material for year ended March 2019 and the three months ended March 2018 . Other Divestitures Reef ® Brand Business During the three months ended September 29, 2018, the Company reached the decision to sell the Reef ® brand business, which was included in the Active segment. VF signed a definitive agreement for the sale of the Reef ® brand business on October 2, 2018, and completed the transaction on October 26, 2018. VF received cash proceeds of $139.4 million , and recorded a $14.4 million final loss on sale, which was included in the other income (expense), net line item in the Consolidated Statement of Income for the year ended March 2019 . Under the terms of the transition services agreement, the Company is providing certain support services for periods up to 21 months from the closing date of the transaction. Revenue and related expense items associated with the transition services and operating expense reimbursements are recorded in the Other category in the reconciliation of segment revenues and segment profit in Note 19. Van Moer Business During the three months ended September 29, 2018, the Company reached the decision to sell the Van Moer business, acquired with Williamson-Dickie, which was included in the Work segment. VF completed the sale of the Van Moer business on October 5, 2018, and received cash proceeds of €7.0 million ( $8.1 million ). VF recorded a $22.4 million final loss on sale, which was included in the other income (expense), net line item in the Consolidated Statement of Income for the year ended March 2019 . Spin-Off of Jeans Business On August 13, 2018, VF announced its intention to spin-off its Jeans business, which will include the Wrangler ® , Lee ® and Rock & Republic ® brands, as well as the VF Outlet ™ business, into an independent, publicly traded company. For the year ended March 2019 , the Company incurred $131.7 million of separation and related expenses associated with the spin-off. Of these expenses, VF recognized $104.9 million in selling, general and administrative expenses and $26.8 million in cost of goods sold for the year ended March 2019 . The spin-off was completed on May 22, 2019. Refer to Note 26 for additional information.

INVENTORIES

INVENTORIES	12 Months Ended
	Mar. 30, 2019
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES (In thousands) March 2019 March 2018 December 2017 Finished products $ 1,711,264 $ 1,654,137 $ 1,490,788 Work-in-process 114,356 103,757 110,467 Raw materials 117,410 103,547 105,354 Total inventories $ 1,943,030 $ 1,861,441 $ 1,706,609

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Mar. 30, 2019
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT (In thousands) March 2019 March 2018 December 2017 Land and improvements $ 100,715 $ 103,158 $ 104,257 Buildings and improvements 1,113,917 1,076,091 1,070,884 Machinery and equipment 1,377,306 1,295,186 1,314,382 Property, plant and equipment, at cost 2,591,938 2,474,435 2,489,523 Less accumulated depreciation and amortization 1,534,670 1,462,818 1,474,885 Property, plant and equipment, net $ 1,057,268 $ 1,011,617 $ 1,014,638

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS (In thousands) Weighted Amortization Cost Accumulated Net March 2019 Amortizable intangible assets: Customer relationships 17 years Accelerated $ 341,625 $ 143,433 $ 198,192 License agreements 19 years Accelerated 7,536 4,729 2,807 Trademarks 16 years Straight-line 58,932 12,209 46,723 Other 8 years Straight-line 8,202 4,170 4,032 Amortizable intangible assets, net 251,754 Indefinite-lived intangible assets: Trademarks and trade names 1,772,523 Intangible assets, net $ 2,024,277 (In thousands) Weighted Amortization Cost Accumulated Net March 2018 Amortizable intangible assets: Customer relationships 18 years Accelerated $ 344,613 $ 143,069 $ 201,544 License agreements 20 years Accelerated 20,171 13,915 6,256 Trademarks 16 years Straight-line 58,932 8,309 50,623 Other 9 years Straight-line 9,194 4,024 5,170 Amortizable intangible assets, net 263,593 Indefinite-lived intangible assets: Trademarks and trade names 1,856,517 Intangible assets, net $ 2,120,110 (In thousands) Weighted Amortization Cost Accumulated Net December 2017 Amortizable intangible assets: Customer relationships 18 years Accelerated $ 338,209 $ 133,994 $ 204,215 License agreements 20 years Accelerated 19,996 13,660 6,336 Trademarks 16 years Straight-line 58,932 7,333 51,599 Other 9 years Straight-line 9,001 3,648 5,353 Amortizable intangible assets, net 267,503 Indefinite-lived intangible assets: Trademarks and trade names 1,822,278 Intangible assets, net $ 2,089,781 Intangible assets decreased during the year ended March 2019 due to the divestiture of the Reef ® brand business and foreign currency fluctuations, which were partially offset by the addition of intangible assets from the Icebreaker and Altra acquisitions. VF did not record any impairment charges in the year ended March 2019, the three months ended March 2018 or the year ended December 2017. In the year ended December 2016, VF recorded an impairment charge of $40.3 million to write off the remaining trademark asset balance for the lucy ® brand, which was part of the former Outdoor and Action Sports segment. Refer to Note 22 for additional information on the fair value measurements. Amortization expense (excluding impairment charges) for the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 was $30.7 million , $7.6 million , $20.0 million and $18.8 million , respectively. Estimated amortization expense for the next five fiscal years is $30.0 million , $28.5 million , $26.8 million , $25.3 million and $24.3 million , respectively. Rock & Republic ® Impairment Analysis The Rock & Republic ® brand has an exclusive wholesale distribution and licensing arrangement with Kohl's Corporation that covers all branded apparel, accessories and other merchandise. As of June 30, 2018, VF performed a quantitative impairment analysis of the Rock & Republic ® amortizing trademark intangible asset to determine if the carrying value was recoverable. We determined this testing was necessary based on the expectation that certain customer contract terms would be modified. Management used the income-based relief-from-royalty method and the contractual 4% royalty rate to calculate the pre-tax undiscounted future cash flows. Based on the analysis performed, management concluded that the trademark intangible asset did not require further testing as the undiscounted cash flows exceeded the carrying value of $49.0 million . It is possible that VF's conclusion regarding the recoverability of the intangible asset could change in future periods as there can be no assurance that the estimates and assumptions used in the analysis as of June 30, 2018 will prove to be accurate predictions of the future.

GOODWILL

GOODWILL	12 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL Changes in goodwill are summarized by reportable segment as follows: (In thousands) Outdoor Active Work Jeans Total Balance, December 2016 $ 832,937 $ 429,354 $ 89,011 $ 203,365 $ 1,554,667 2017 acquisition — — 92,837 — 92,837 Currency translation 9,337 27,420 (140 ) 8,523 45,140 Balance, December 2017 842,274 456,774 181,708 211,888 1,692,644 Measurement period adjustment to 2017 acquisition (Note 3) — — (9,974 ) — (9,974 ) Currency translation 2,452 6,413 738 946 10,549 Balance, March 2018 844,726 463,187 172,472 212,834 1,693,219 Fiscal 2019 acquisitions 151,662 — — — 151,662 Fiscal 2019 divestitures — (48,329 ) (52 ) — (48,381 ) Currency translation (12,499 ) (20,902 ) (1,604 ) (6,611 ) (41,616 ) Balance, March 2019 $ 983,889 $ 393,956 $ 170,816 $ 206,223 $ 1,754,884 In connection with the realignment of the Company's segment reporting structure, the Company allocated goodwill to any newly identified reporting units using a relative fair value approach as of the first day of the first quarter of Fiscal 2019. Balances as of March 2018 , December 2017 and December 2016 have been retrospectively adjusted to reflect the reallocation. Refer to Note 19 for additional information regarding the Company's reportable segments. VF did not record any impairment charges in the year ended March 2019 , the three months ended March 2018 or the year ended December 2017 based on the results of its goodwill impairment testing. In the year ended December 2016, VF recorded an impairment charge of $39.3 million to write off the remaining goodwill balance related to its lucy ® brand reporting unit, which was part of the former Outdoor and Action Sports segment. Refer to Note 22 for additional information on fair value measurements. During the three months ended March 2018 , VF completed the previously announced wind down of the lucy ® brand operations. As of March 2018, VF has removed $51.6 million of goodwill and accumulated impairment charges related to the lucy ® brand reporting unit, which previously had been fully impaired. During the year ended March 2019 , the Company completed the sales of the Reef ® brand and Van Moer businesses, at which time the remaining goodwill of $48.4 million related to these reporting units was removed from the Consolidated Balance Sheet. Accumulated impairment charges for the goodwill removed from the Active segment were $31.1 million for the year ended March 2019. Refer to Note 4 for additional information regarding the divestitures. There are no remaining accumulated impairment charges as of March 2019 .

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Mar. 30, 2019
Other Assets [Abstract]
OTHER ASSETS	OTHER ASSETS (In thousands) March 2019 March 2018 December 2017 Computer software, net of accumulated amortization of: March 2019 - $215,491; March 2018 - $183,200; December 2017 - $171,147 $ 224,601 $ 239,935 $ 232,237 Investments held for deferred compensation plans (Note 15) 206,633 201,870 203,780 Deferred income taxes (Note 18) 109,551 105,493 103,601 Pension assets (Note 15) 117,405 76,671 82,296 Deposits 53,602 45,321 45,225 Partnership stores and shop-in-shop costs, net of accumulated amortization of: March 2019 - $100,125; March 2018 - $123,812; December 2017 - $118,643 31,655 33,161 34,149 Derivative financial instruments (Note 23) 9,189 4,659 2,199 Other investments 13,071 12,433 12,697 Deferred line of credit issuance costs 2,121 961 1,078 Other 79,071 82,537 66,413 Other assets $ 846,899 $ 803,041 $ 783,675

SHORT-TERM BORROWINGS

SHORT-TERM BORROWINGS	12 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
SHORT-TERM BORROWINGS	SHORT-TERM BORROWINGS (In thousands) March 2019 March 2018 December 2017 Commercial paper borrowings $ 650,000 $ 1,500,000 $ 705,000 International borrowing arrangements 15,055 25,106 24,384 Short-term borrowings $ 665,055 $ 1,525,106 $ 729,384 In December 2018, VF entered into a $2.25 billion senior unsecured revolving line of credit (the “Global Credit Facility”) that expires December 2023. The Global Credit Facility replaced VF's $2.25 billion revolving facility which was scheduled to expire in April 2020. VF may request an unlimited number of one year extensions so long as each extension does not cause the remaining life of the Global Credit Facility to exceed five years , subject to stated terms and conditions. The Global Credit Facility may be used to borrow funds in both U.S. dollar and certain non-U.S. dollar currencies, and has a $50.0 million letter of credit sublimit. In addition, the Global Credit Facility supports VF’s U.S. commercial paper program for short-term, seasonal working capital requirements and general corporate purposes, including share repurchases and acquisitions. Borrowings under the Global Credit Facility are priced at a credit spread of 81.0 basis points over the appropriate LIBOR benchmark for each currency. VF is also required to pay a facility fee to the lenders, currently equal to 6.5 basis points of the committed amount of the facility. The credit spread and facility fee are subject to adjustment based on VF’s credit ratings. The prior revolving credit facility was priced at a credit spread of 80.5 basis points over the appropriate LIBOR benchmark for each currency and VF was required to pay a facility fee to the lenders equal to 7.0 basis points of the committed amount of the facility. The Global Credit Facility contains certain restrictive covenants, which include maintenance of a consolidated indebtedness to consolidated capitalization ratio, as defined therein, equal to or below 60% . If VF fails in the performance of any covenants, the lenders may terminate their obligation to make advances and declare any outstanding obligations to be immediately due and payable. As of March 2019 , VF was in compliance with all covenants. VF’s commercial paper program allows for borrowings of up to $2.25 billion to the extent it has borrowing capacity under the Global Credit Facility. Outstanding commercial paper borrowings totaled $650.0 million , $1.50 billion and $705.0 million at March 2019, March 2018 and December 2017, respectively. The Global Credit Facility also had $15.3 million of outstanding standby letters of credit issued on behalf of VF as of March 2019 , March 2018 and December 2017, leaving $1.58 billion , $734.7 million and $1.53 billion as of March 2019 , March 2018 and December 2017, respectively, available for borrowing against this facility. VF has $179.5 million of international lines of credit with various banks, which are uncommitted and may be terminated at any time by either VF or the banks. Total outstanding balances under these arrangements were $15.1 million , $25.1 million and $24.4 million at March 2019 , March 2018 and December 2017 , respectively. Borrowings under these arrangements had a weighted average interest rate of 24.6% , 12.0% and 9.9% at March 2019 , March 2018 and December 2017 , respectively, excluding accepted letters of credit which are non-interest bearing to VF. The interest-bearing borrowings include short-term borrowings in Argentina.

ACCRUED LIABILITIES

ACCRUED LIABILITIES	12 Months Ended
	Mar. 30, 2019
Accrued Liabilities [Abstract]
ACCRUED LIABILITIES	ACCRUED LIABILITIES (In thousands) March 2019 March 2018 December 2017 Compensation $ 341,988 $ 135,247 $ 249,929 Customer discounts and allowances 225,484 28,604 46,169 Other taxes 153,355 160,173 155,969 Income taxes 68,054 67,417 134,837 Restructuring 86,602 42,757 32,438 Advertising 40,938 40,322 48,554 Freight, duties and postage 40,703 46,281 43,584 Deferred compensation (Note 15) 18,226 33,590 38,885 Interest 23,250 25,483 16,317 Derivative financial instruments (Note 23) 18,590 96,087 87,205 Insurance 15,634 18,867 17,814 Product warranty claims (Note 14) 12,618 12,862 12,833 Pension liabilities (Note 15) 10,260 32,814 27,277 Other 240,851 197,923 234,724 Accrued liabilities $ 1,296,553 $ 938,427 $ 1,146,535

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT (In thousands) March 2019 March 2018 December 2017 3.50% notes, due 2021 $ 498,450 $ 497,852 $ 497,705 0.625% notes, due 2023 949,049 1,041,577 1,015,500 6.00% notes, due 2033 292,982 292,648 292,568 6.45% notes, due 2037 346,534 346,346 346,300 Capital leases 34,132 40,397 41,881 Total long-term debt 2,121,147 2,218,820 2,193,954 Less current portion 5,263 6,265 6,165 Long-term debt, due beyond one year $ 2,115,884 $ 2,212,555 $ 2,187,789 Interest payments are due annually on the 2023 notes and semiannually on all other notes. All notes, along with any amounts outstanding under the Global Credit Facility (Note 11), rank equally as senior unsecured obligations of VF. All notes contain customary covenants and events of default, including limitations on liens and sale-leaseback transactions and a cross-acceleration event of default. The cross-acceleration provision of the 2033 notes is triggered if more than $50.0 million of other debt is in default and has been accelerated by the lenders. For the other notes, the cross-acceleration trigger is $100.0 million . If VF fails in the performance of any covenant under the indentures that govern the respective notes, the trustee or lenders may declare the principal due and payable immediately. As of March 2019 , VF was in compliance with all covenants. None of the long-term debt agreements contain acceleration of maturity clauses based solely on changes in credit ratings. However, if there were a change in control of VF and, as a result of the change in control, the 2021, 2023 and 2037 notes were rated below investment grade by recognized rating agencies, then VF would be obligated to repurchase those notes at 101% of the aggregate principal amount plus any accrued interest. VF may redeem its notes, in whole or in part, at a price equal to the greater of (i) 100% of the principal amount, plus accrued interest to the redemption date, or (ii) the sum of the present value of the remaining scheduled payments of principal and interest discounted to the redemption date at an adjusted treasury rate, as defined, plus 20 basis points for the 2021 notes, 15 basis points for the 2023 and 2033 notes, and 25 basis points for the 2037 notes, plus accrued interest to the redemption date. In addition, the 2021 and 2023 notes can be redeemed at 100% of the principal amount plus accrued interest to the redemption date within the three months prior to maturity. The 2021 notes have a principal balance of $500.0 million and are recorded net of unamortized original issue discount and debt issuance costs. Interest expense on these notes is recorded at an effective annual interest rate of 4.69% , including amortization of a deferred loss on an interest rate hedging contract (Note 23), original issue discount and debt issuance costs. The 2023 notes have a principal balance of €850.0 million and are recorded net of unamortized original issue discount and debt issuance costs. Interest expense on these notes is recorded at an effective annual interest rate of 0.712% which includes amortization of original issue discount and debt issuance costs. The Company has designated these notes as a net investment hedge of VF's investment in certain foreign operations. Refer to Note 23 for additional information. The 2033 notes have a principal balance of $300.0 million and are recorded net of unamortized original issue discount and debt issuance costs. Interest expense on these notes is recorded at an effective annual interest rate of 6.19% , including amortization of a deferred gain on an interest rate hedging contract (Note 23), original issue discount and debt issuance costs. The 2037 notes have a principal balance of $350.0 million and are recorded net of unamortized debt issuance costs. Capital leases relate primarily to buildings and improvements (Note 7), expire at dates through 2036 and have an effective interest rate of 3.37% . Assets under capital leases are included in property, plant and equipment at a cost of $66.2 million , less accumulated amortization of $40.6 million , $35.2 million and $33.8 million at March 2019, March 2018 and December 2017, respectively. The scheduled payments of long-term debt and future minimum lease payments for capital leases at the end of Fiscal 2019 for the next five fiscal years and thereafter are summarized as follows: (In thousands) Notes and Other Capital Leases Total 2020 $ — $ 6,293 $ 6,293 2021 — 6,040 6,040 2022 500,000 2,287 502,287 2023 — 1,614 1,614 2024 953,785 1,691 955,476 Thereafter 650,000 23,495 673,495 2,103,785 41,420 2,145,205 Less unamortized debt discount 6,531 — 6,531 Less unamortized debt issuance costs 10,239 — 10,239 Less amounts representing interest — 7,288 7,288 Total long-term debt 2,087,015 34,132 2,121,147 Less current portion — 5,263 5,263 Long-term debt, due beyond one year $ 2,087,015 $ 28,869 $ 2,115,884

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Mar. 30, 2019
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES (In thousands) March 2019 March 2018 December 2017 Deferred income taxes (Note 18) $ 68,864 $ 40,887 $ 58,036 Deferred compensation (Note 15) 181,110 198,780 201,116 Income taxes 629,176 632,321 628,713 Pension liabilities (Note 15) 174,982 176,582 189,191 Deferred rent credits 96,276 87,267 85,857 Product warranty claims 49,301 49,689 49,733 Derivative financial instruments (Note 23) 3,747 10,087 12,833 Other 77,325 76,217 81,234 Other liabilities $ 1,280,781 $ 1,271,830 $ 1,306,713 VF accrues warranty costs at the time revenue is recognized. Product warranty costs are estimated based on historical experience and specific identification of the product requirements, which may fluctuate based on product mix. Activity relating to accrued product warranty claims is summarized as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Balance, beginning of year $ 62,551 $ 62,566 $ 62,872 $ 63,114 Accrual for products sold during the year 13,082 3,828 10,584 12,022 Repair or replacement costs incurred (12,778 ) (4,126 ) (12,654 ) (11,956 ) Currency translation (936 ) 283 1,764 (308 ) Balance, end of year 61,919 62,551 62,566 62,872 Less current portion (Note 12) 12,618 12,862 12,833 12,993 Long-term portion $ 49,301 $ 49,689 $ 49,733 $ 49,879

RETIREMENT AND SAVINGS BENEFIT

RETIREMENT AND SAVINGS BENEFIT PLANS	12 Months Ended
	Mar. 30, 2019
Retirement Benefits [Abstract]
RETIREMENT AND SAVINGS BENEFIT PLANS	RETIREMENT AND SAVINGS BENEFIT PLANS VF has several retirement and savings benefit plans covering eligible employees. VF retains the right to curtail or discontinue any of the plans, subject to local regulations. Defined Benefit Pension Plans Defined benefit plans provide pension benefits based on participant compensation and years of service. VF sponsors a noncontributory qualified defined benefit pension plan covering most full-time U.S. employees employed before 2005 (the “U.S. qualified plan”) and an unfunded supplemental defined benefit pension plan that provides benefits in excess of limitations imposed by income tax regulations (the “U.S. nonqualified plan”). The U.S. qualified plan is fully funded at the end of Fiscal 2019 , and VF’s net underfunded status primarily relates to obligations under the unfunded U.S. nonqualified plan. The U.S. qualified and nonqualified plans comprise 91% of VF’s total defined benefit plan assets and 88% of VF’s total projected benefit obligations at March 2019 , and the remainder relates to non-U.S. defined benefit plans. A March 31 measurement date is used to value plan assets and obligations for all pension plans. The amounts reported in these disclosures have not been segregated between continuing and discontinued operations. The components of pension cost for VF’s defined benefit plans were as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Service cost — benefits earned during the period $ 22,352 $ 5,912 $ 24,890 $ 25,839 Interest cost on projected benefit obligations 63,434 14,825 58,989 68,020 Expected return on plan assets (93,409 ) (25,314 ) (94,807 ) (99,540 ) Settlement charges 8,856 — — 50,922 Curtailments 9,530 — 1,671 — Amortization of deferred amounts: Net deferred actuarial losses 28,474 8,548 41,440 65,212 Deferred prior service costs 494 647 2,646 2,584 Total pension expense $ 39,731 $ 4,618 $ 34,829 $ 113,037 Weighted average actuarial assumptions used to determine pension expense: Discount rate in effect for determining service cost 3.85 % 3.58 % 4.08 % 4.54 % Discount rate in effect for determining interest cost 3.51 % 3.13 % 3.26 % 3.56 % Expected long-term return on plan assets 5.58 % 5.72 % 5.72 % 5.81 % Rate of compensation increase 3.73 % 3.73 % 3.78 % 3.90 % In Fiscal 2019, VF approved a freeze of all future benefit accruals under the U.S. qualified and U.S. nonqualified plans, effective December 31, 2018. Accordingly, the Company recognized a $9.5 million pension curtailment loss in the other income (expense), net line item in the Consolidated Statement of Income for the year ended March 2019. In the year ended December 2017, the Company recorded curtailment charges of $1.7 million which comprised (i) $1.1 million within the U.S. qualified plan related to the sale of the Licensing Business (recorded in the income (loss) from discontinued operations, net of tax line item), and (ii) $0.6 million within the U.S. nonqualified plan related to restructuring initiatives (recorded in the other income (expense), net line item in the Consolidated Statement of Income). In the year ended March 2019, VF reported $8.9 million in settlement charges in the other income (expense), net line item in the Consolidated Statement of Income related to the recognition of deferred actuarial losses resulting from lump sum payments of retirement benefits in the supplemental defined benefit pension plan. In the year ended December 2016, the Company offered former employees in the U.S. qualified plan a one-time option to receive a distribution of their deferred vested benefits. Approximately 9,400 participants accepted a distribution, representing 66% of eligible participants and a 23% reduction in the total number of plan participants at the beginning of the year. In December 2016, the plan paid $197.1 million in lump-sum distributions to settle $224.7 million of projected benefit obligations related to these participants. VF recorded $50.9 million in settlement charges during the year ended December 2016 to recognize the related deferred actuarial losses in accumulated OCI. The following provides a reconciliation of the changes in fair value of VF’s defined benefit plan assets and projected benefit obligations for each period, and the funded status at the end of each period: (In thousands) March 2019 March 2018 December 2017 Fair value of plan assets, beginning of period $ 1,751,760 $ 1,809,649 $ 1,673,297 Actual return on plan assets 82,947 (39,495 ) 204,017 VF contributions 41,581 3,205 9,807 Participant contributions 4,136 1,018 4,011 Benefits paid (118,513 ) (27,441 ) (93,900 ) Currency translation (10,817 ) 4,824 12,417 Fair value of plan assets, end of period 1,751,094 1,751,760 1,809,649 Projected benefit obligations, beginning of period 1,884,485 1,943,821 1,808,327 Service cost 22,352 5,912 24,890 Interest cost 63,434 14,825 58,989 Participant contributions 4,136 1,018 4,011 Actuarial loss (gain) 10,653 (59,511 ) 131,040 Benefits paid (118,513 ) (27,441 ) (93,900 ) Plan amendments 715 — — Curtailments (33,826 ) — (5,664 ) Currency translation (14,505 ) 5,861 16,128 Projected benefit obligations, end of period 1,818,931 1,884,485 1,943,821 Funded status, end of period $ (67,837 ) $ (132,725 ) $ (134,172 ) Pension benefits are reported in the Consolidated Balance Sheets as a net asset or liability based on the overfunded or underfunded status of the defined benefit plans, assessed on a plan-by-plan basis. (In thousands) March 2019 March 2018 December 2017 Amounts included in Consolidated Balance Sheets: Other assets (Note 10) $ 117,405 $ 76,671 $ 82,296 Accrued liabilities (Note 12) (10,260 ) (32,814 ) (27,277 ) Other liabilities (Note 14) (174,982 ) (176,582 ) (189,191 ) Funded status $ (67,837 ) $ (132,725 ) $ (134,172 ) Accumulated other comprehensive loss, pretax: Net deferred actuarial losses $ 399,093 $ 452,329 $ 454,463 Deferred prior service costs 563 9,878 10,533 Total accumulated other comprehensive loss, pretax $ 399,656 $ 462,207 $ 464,996 Accumulated benefit obligations $ 1,778,910 $ 1,783,600 $ 1,837,776 Weighted average actuarial assumptions used to determine pension obligations: Discount rate 3.68 % 3.76 % 3.46 % Rate of compensation increase (a) 2.74 % 3.73 % 3.73 % (a) Rate of compensation increase is calculated as the weighted average rate of compensation increase for active plans. Frozen plans are excluded from the calculation. Accumulated benefit obligations at any measurement date are the present value of vested and unvested pension benefits earned, without considering projected future compensation increases. Projected benefit obligations are the present value of vested and unvested pension benefits earned, considering projected future compensation increases. Deferred actuarial gains and losses are changes in the amount of either the benefit obligation or the value of plan assets resulting from differences between expected amounts for a year using actuarial assumptions and the actual results for that year. These amounts are deferred as a component of accumulated OCI and amortized to pension expense in future years. For the U.S. qualified plan, amounts in excess of 20% of projected benefit obligations at the beginning of the year are amortized over five years ; amounts between (i) 10% of the greater of projected benefit obligations or plan assets, and (ii) 20% of projected benefit obligations are amortized over the expected average life expectancy of all participants; and amounts less than the greater of 10% of projected benefit obligations or plan assets are not amortized. For the U.S. nonqualified plan, amounts in excess of 10% of the pension benefit obligations are amortized on a straight-line basis over the expected average life expectancy of all participants. Deferred prior service costs related to plan amendments are also recorded in accumulated OCI and amortized to pension expense on a straight-line basis over the average remaining years of service for active employees. The estimated amounts of accumulated OCI to be amortized to pension expense in Fiscal 2020 are $16.0 million of deferred actuarial losses and an insignificant amount of deferred prior service costs. Management’s investment objectives are to invest plan assets in a diversified portfolio of securities to provide long-term growth, minimize the volatility of the value of plan assets relative to plan liabilities, and to ensure plan assets are sufficient to pay the benefit obligations. Investment strategies focus on diversification among multiple asset classes, a balance of long-term investment return at an acceptable level of risk and liquidity to meet benefit payments. The primary objective of the investment strategies is to more closely align plan assets with plan liabilities by utilizing dynamic asset allocation targets dependent upon changes in the plan’s funded ratio, capital market expectations and risk tolerance. Plan assets are primarily composed of common collective trust funds that invest in liquid securities diversified across equity, fixed-income, real estate and other asset classes. Fund assets are allocated among independent investment managers who have full discretion to manage their portion of the fund’s assets, subject to strategy and risk guidelines established with each manager. The overall strategy, the resulting allocations of plan assets and the performance of funds and individual investment managers are continually monitored. Derivative financial instruments may be used by investment managers for hedging purposes to gain exposure to alternative asset classes through the futures markets. There are no direct investments in VF debt or equity securities and no significant concentrations of security risk. The expected long-term rate of return on plan assets was based on an evaluation of the weighted average expected returns for the major asset classes in which the plans have invested. Expected returns by asset class were developed through analysis of historical market returns, current market conditions, inflation expectations and equity and credit risks. Inputs from various investment advisors on long-term capital market returns and other variables were also considered where appropriate. The fair value of investments held by VF’s defined benefit plans at March 2019 , March 2018 and December 2017, by asset class, is summarized below. Refer to Note 22 for a description of the three levels of the fair value measurement hierarchy. Total Plan Assets Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 March 2019 Plan assets Cash equivalents $ 3,023 $ 3,023 $ — $ — Fixed income securities: U.S. Treasury and government agencies 7 — 7 — Insurance contracts 71,521 — 71,521 — Commodities (347 ) (347 ) — — Total plan assets in the fair value hierarchy $ 74,204 $ 2,676 $ 71,528 $ — Plan assets measured at net asset value Cash equivalents 36,349 Equity securities: Domestic 82,659 International 97,766 Fixed income securities: Corporate and international bonds 1,309,123 Alternative investments 150,993 Total plan assets measured at net asset value 1,676,890 Total plan assets $ 1,751,094 Total Plan Assets Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 March 2018 Plan assets Cash equivalents $ 14,694 $ 14,694 $ — $ — Fixed income securities: U.S. Treasury and government agencies 8 — 8 — Insurance contracts 67,444 — 67,444 — Commodities (7,091 ) (7,091 ) — — Total plan assets in the fair value hierarchy $ 75,055 $ 7,603 $ 67,452 $ — Plan assets measured at net asset value Cash equivalents 38,833 Equity securities: Domestic 114,958 International 155,330 Fixed income securities: Corporate and international bonds 1,211,103 Alternative investments 156,481 Total plan assets measured at net asset value 1,676,705 Total plan assets $ 1,751,760 Total Plan Assets Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 December 2017 Plan assets Cash equivalents $ 8,191 $ 8,191 $ — $ — Fixed income securities: U.S. Treasury and government agencies 8 — 8 — Insurance contracts 69,448 — 69,448 — Commodities (372 ) (372 ) — — Total plan assets in the fair value hierarchy $ 77,275 $ 7,819 $ 69,456 $ — Plan assets measured at net asset value Cash equivalents 36,313 Equity securities: Domestic 152,154 International 173,608 Fixed income securities: Corporate and international bonds 1,215,558 Alternative investments 154,741 Total plan assets measured at net asset value 1,732,374 Total plan assets $ 1,809,649 Cash equivalents include cash held by individual investment managers of other asset classes for liquidity purposes (Level 1), and an institutional fund that invests primarily in short-term U.S. government securities measured at their daily net asset value. The fair values of insurance contracts are provided by the insurance companies and are primarily based on accumulated contributions plus returns guaranteed by the insurers (Level 2). Commodities consist of derivative commodity futures contracts (Level 1). Equity and fixed-income securities generally represent institutional funds measured at their daily net asset value derived from quoted prices of the underlying investments. Alternative investments are primarily in funds of hedge funds (“FoHFs”), which are comprised of different and independent hedge funds with various investment strategies. The administrators of the FoHFs utilize unobservable inputs to calculate the net asset value of the FoHFs on a monthly basis. VF makes contributions to its defined benefit plans sufficient to meet minimum funding requirements under applicable laws, plus discretionary amounts as determined by management. VF does not currently plan to make any contributions to the U.S. qualified plan during Fiscal 2020 , and intends to make approximately $17.7 million of contributions to its other defined benefit plans during Fiscal 2020 . The estimated future benefit payments for all of VF’s defined benefit plans, on a calendar year basis, are approximately $94.6 million in 2020 , $96.2 million in 2021 , $99.2 million in 2022 , $101.3 million in 2023 , $103.1 million in 2024 and $531.3 million for the years 2025 through 2029 . Other Retirement and Savings Plans VF sponsors a nonqualified retirement savings plan for employees whose contributions to a 401(k) plan would be limited by provisions of the Internal Revenue Code. This plan allows participants to defer a portion of their compensation and to receive matching contributions for a portion of the deferred amounts. Participants earn a return on their deferred compensation based on their selection of a hypothetical portfolio of publicly traded mutual funds and a separately managed fixed-income fund. Changes in the fair value of the participants’ hypothetical investments are recorded as an adjustment to deferred compensation liabilities and compensation expense. Expense under this plan was $1.7 million in the year ended March 2019 , $0.5 million in the three months ended March 2018 , $1.3 million in the year ended December 2017 and $1.7 million in the year ended December 2016 . Deferred compensation, including accumulated earnings, is distributable in cash at participant-specified dates upon retirement, death, disability or termination of employment. VF sponsors a similar nonqualified plan that permits nonemployee members of the Board of Directors to defer their Board compensation. VF also has remaining obligations under other deferred compensation plans, primarily related to acquired companies. At March 2019 , VF’s liability to participants under all deferred compensation plans was $199.3 million , of which $18.2 million was recorded in accrued liabilities (Note 12) and $181.1 million was recorded in other liabilities (Note 14). VF has purchased (i) publicly traded mutual funds and a separately managed fixed-income fund in the same amounts as most of the participant-directed hypothetical investments underlying the deferred compensation liabilities, and (ii) variable life insurance contracts that invest in institutional funds that are substantially the same as the participant-directed hypothetical investments. These investment securities and earnings thereon are intended to provide a source of funds to meet the deferred compensation obligations, and serve as an economic hedge of the financial impact of changes in deferred compensation liabilities. They are held in an irrevocable trust but are subject to claims of creditors in the event of VF’s insolvency. VF also has assets related to deferred compensation plans of acquired companies, which are primarily invested in life insurance contracts. At March 2019 , the fair value of investments held for all deferred compensation plans was $224.4 million , of which $17.8 million was recorded in other current assets and $206.6 million was recorded in other assets (Note 10). Realized and unrealized gains and losses on these deferred compensation assets are recorded in compensation expense in the Consolidated Statements of Income and substantially offset losses and gains resulting from changes in deferred compensation liabilities to participants. VF sponsors 401(k) plans as well as other domestic and foreign retirement and savings plans. Expense for these plans totaled $46.4 million in the year ended March 2019 , $16.8 million in the three months ended March 2018 , $41.2 million in the year ended December 2017 and $39.7 million in the year ended December 2016 .

CAPITAL AND ACCUMULATED OTHER C

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Mar. 30, 2019
Equity [Abstract]
CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Common Stock During the year ended March 2019 , the Company purchased 1.9 million shares of Common Stock in open market transactions for $150.0 million under its share repurchase program authorized by VF’s Board of Directors. These transactions were treated as treasury stock transactions. Common Stock outstanding is net of shares held in treasury which are, in substance, retired. During the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 , VF restored 2.2 million , 3.4 million , 22.3 million and 16.1 million treasury shares, respectively, to an unissued status, after which they were no longer recognized as shares held in treasury. There were no shares held in treasury at the end of March 2019 , March 2018 , December 2017 or December 2016 . The excess of the cost of treasury shares acquired over the $0.25 per share stated value of Common Stock is deducted from retained earnings. VF Common Stock was also held by the Company’s deferred compensation plans (Note 15) and was treated as treasury shares for financial reporting purposes. During the year ended March 2019 , the Company purchased 7,680 shares of Common Stock in open market transactions for $0.7 million . As of March 2019, there were no shares held in the Company's deferred compensation plans. Balances related to shares held for deferred compensation plans were as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands, except share amounts) 2019 2018 2017 2016 Shares held for deferred compensation plans — 284,785 317,515 439,667 Cost of shares held for deferred compensation plans $ — $ 3,621 $ 3,901 $ 5,464 Accumulated Other Comprehensive Income (Loss) Comprehensive income consists of net income and specified components of OCI, which relates to changes in assets and liabilities that are not included in net income under GAAP but are instead deferred and accumulated within a separate component of stockholders’ equity in the balance sheet. VF’s comprehensive income is presented in the Consolidated Statements of Comprehensive Income. The deferred components of OCI are reported, net of related income taxes, in accumulated OCI in stockholders’ equity, as follows: (In thousands) March 2019 March 2018 December 2017 Foreign currency translation and other $ (725,679 ) $ (476,869 ) $ (546,201 ) Defined benefit pension plans (243,184 ) (289,618 ) (291,949 ) Derivative financial instruments 66,788 (97,543 ) (87,990 ) Accumulated other comprehensive income (loss) $ (902,075 ) $ (864,030 ) $ (926,140 ) The changes in accumulated OCI, net of related taxes, are as follows: (In thousands) Foreign Currency Translation and Other Defined Derivative Total Balance, December 2015 $ (718,169 ) $ (372,195 ) $ 47,142 $ (1,043,222 ) Other comprehensive income (loss) before reclassifications (76,410 ) (4,357 ) 81,036 269 Amounts reclassified from accumulated other comprehensive income (loss) — 73,855 (72,365 ) 1,490 Net other comprehensive income (loss) (76,410 ) 69,498 8,671 1,759 Balance, December 2016 (794,579 ) (302,697 ) 55,813 (1,041,463 ) Other comprehensive income (loss) before reclassifications 248,378 (17,970 ) (123,080 ) 107,328 Amounts reclassified from accumulated other comprehensive income (loss) — 28,718 (20,723 ) 7,995 Net other comprehensive income (loss) 248,378 10,748 (143,803 ) 115,323 Balance, December 2017 (546,201 ) (291,949 ) (87,990 ) (926,140 ) Other comprehensive income (loss) before reclassifications 69,332 (4,852 ) (21,078 ) 43,402 Amounts reclassified from accumulated other comprehensive income (loss) — 7,183 11,525 18,708 Net other comprehensive income (loss) 69,332 2,331 (9,553 ) 62,110 Balance, March 2018 (476,869 ) (289,618 ) (97,543 ) (864,030 ) Other comprehensive income (loss) before reclassifications (248,810 ) 10,444 137,218 (101,148 ) Amounts reclassified from accumulated other comprehensive income (loss) — 35,990 27,113 63,103 Net other comprehensive income (loss) (248,810 ) 46,434 164,331 (38,045 ) Balance, March 2019 $ (725,679 ) $ (243,184 ) $ 66,788 $ (902,075 ) Reclassifications out of accumulated OCI are as follows: (In thousands) Affected Line Item in the Consolidated Statements of Income Year Ended March Three Months Ended March (Transition Period) Year Ended December Details About Accumulated Other 2019 2018 2017 2016 Amortization of defined benefit pension plans: Net deferred actuarial losses Other income (expense), net $ (28,474 ) $ (8,548 ) $ (41,440 ) $ (65,212 ) Deferred prior service costs Other income (expense), net (494 ) (647 ) (2,646 ) (2,584 ) Pension settlement charges Other income (expense), net (8,856 ) — — (50,922 ) Pension curtailment losses Other income (expense), net (9,530 ) — (566 ) — Pension curtailment loss Income (loss) from discontinued operations, net of tax — — (1,105 ) — Total before tax (47,354 ) (9,195 ) (45,757 ) (118,718 ) Tax benefit 11,364 2,012 17,039 44,863 Net of tax (35,990 ) (7,183 ) (28,718 ) (73,855 ) Gains (losses) on derivative financial instruments: Foreign exchange contracts Net revenues 1,774 4,948 33,641 28,798 Foreign exchange contracts Cost of goods sold (20,686 ) (13,286 ) 610 84,613 Foreign exchange contracts Selling, general and administrative expenses (4,772 ) (1,981 ) (3,610 ) (4,314 ) Foreign exchange contracts Other income (expense), net 355 (2,427 ) (1,851 ) 2,864 Interest rate contracts Interest expense (5,012 ) (1,214 ) (4,723 ) (4,504 ) Total before tax (28,341 ) (13,960 ) 24,067 107,457 Tax benefit (expense) 1,228 2,435 (3,344 ) (35,092 ) Net of tax (27,113 ) (11,525 ) 20,723 72,365 Total reclassifications for the period, net of tax $ (63,103 ) $ (18,708 ) $ (7,995 ) $ (1,490 )

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION Pursuant to the amended and restated 1996 Stock Compensation Plan approved by stockholders, VF is authorized to grant nonqualified stock options, restricted stock units (“RSUs”) and restricted stock to officers, key employees and nonemployee members of VF’s Board of Directors. Substantially all stock-based compensation awards are classified as equity awards, which are accounted for in stockholders’ equity in the Consolidated Balance Sheets. On a limited basis, cash-settled stock appreciation rights are granted to employees in certain international jurisdictions. These awards are accounted for as liabilities in the Consolidated Balance Sheets and remeasured to fair value each reporting period until the awards are settled. Compensation cost for all awards expected to vest is recognized over the shorter of the requisite service period or the vesting period. Awards that do not vest are forfeited. The amounts reported in these disclosures have not been segregated between continuing and discontinued operations. Total stock-based compensation cost and the associated income tax benefits recognized in the Consolidated Statements of Income, and stock-based compensation costs included in inventory in the Consolidated Balance Sheets, are as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Stock-based compensation cost $ 105,157 $ 25,440 $ 81,641 $ 67,762 Income tax benefits 23,650 5,771 26,697 22,870 Stock-based compensation costs included in inventory at period end 3,165 2,236 1,938 1,332 At the end of March 2019 , there was $56.0 million of total unrecognized compensation cost related to all stock-based compensation arrangements that will be recognized over a weighted average period of 1 year . At the end of March 2019 , there were 27,710,266 shares available for future grants of stock options and stock awards under the 1996 Stock Compensation Plan. Shares for option exercises are issued from VF’s authorized but unissued Common Stock. VF has a practice of repurchasing shares of Common Stock in the open market to offset, on a long-term basis, dilution caused by awards under equity compensation plans. Stock Options Stock options are granted with an exercise price equal to the fair market value of VF Common Stock on the date of grant. Employee stock options vest in equal annual installments over three years , and compensation cost is recognized ratably over the shorter of the requisite service period or the vesting period. Stock options granted to nonemployee members of VF’s Board of Directors become exercisable one year from the date of grant. All options have ten -year terms. The grant date fair value of each option award is calculated using a lattice option-pricing valuation model, which incorporates a range of assumptions for inputs as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December 2019 2018 2017 2016 Expected volatility 22% to 29% 24% to 29% 23% to 30% 21% to 29% Weighted average expected volatility 25% 25% 24% 24% Expected term (in years) 6.1 to 7.5 6.1 to 7.6 6.3 to 7.7 6.3 to 7.6 Weighted average dividend yield 2.6% 2.9% 2.8% 2.2% Risk-free interest rate 2.1% to 3.2% 1.9% to 2.9% 0.7% to 2.4% 0.4% to 1.7% Weighted average fair value at date of grant $16.82 $15.34 $9.90 $12.08 Expected volatility over the contractual term of an option was based on a combination of the implied volatility from publicly traded options on VF Common Stock and the historical volatility of VF Common Stock. The expected term represents the period of time over which vested options are expected to be outstanding before exercise. VF used historical data to estimate option exercise behaviors and to estimate the number of options that would vest. Groups of employees that have historically exhibited similar option exercise behaviors were considered separately in estimating the expected term for each employee group. Dividend yield represents expected dividends on VF Common Stock for the contractual life of the options. Risk-free interest rates for the periods during the contractual life of the option were the implied yields at the date of grant from the U.S. Treasury zero coupon yield curve. Stock option activity for the three-month period ended March 2018 and the year ended March 2019 is summarized as follows: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (In thousands) Outstanding, December 2017 14,250,084 $ 52.03 Granted 1,843,749 74.80 Exercised (1,484,537 ) 38.94 Forfeited/cancelled (117,782 ) 66.36 Outstanding, March 2018 14,491,514 56.15 Granted 101,197 81.01 Exercised (4,316,539 ) 46.86 Forfeited/cancelled (365,962 ) 65.27 Outstanding, March 2019 9,910,210 $ 60.11 6.7 $ 265,734 Exercisable, March 2019 7,781,198 $ 58.60 6.2 $ 220,251 The total fair value of stock options that vested during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 was $26.8 million , $28.3 million , $28.0 million and $26.7 million , respectively. The total intrinsic value of stock options exercised during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 was $171.6 million , $57.3 million , $106.7 million and $86.6 million , respectively. Restricted Stock Units VF grants performance-based RSUs that enable employees to receive shares of VF Common Stock at the end of a three -year period. Each performance-based RSU has a potential final payout ranging from zero to two shares of VF Common Stock. For performance-based RSUs granted prior to February 2018, the number of shares earned by participants, if any, is based on achievement of a three -year baseline profitability goal and annually established performance goals set by the Talent and Compensation Committee of the Board of Directors. For performance-based RSUs granted in the three months ended March 2018 and Fiscal 2019, the number of shares earned by participants, if any, is based on achievement of three-year financial targets set by the Talent and Compensation Committee of the Board of Directors. For all performance-based RSUs, shares are issued to participants in the year following the conclusion of each three -year performance period. The actual number of shares earned may also be adjusted upward or downward by 25% of the target award, based on how VF’s total shareholder return (“TSR”) over the three -year period compares to the TSR for companies included in the Standard & Poor’s 500 Consumer Discretionary Index for grants issued in the three months ended March 2018 and Fiscal 2019, and the Standard & Poor's 500 Index for grants issued in the years ended December 2017 and 2016. The grant date fair value of the TSR-based adjustment was determined using a Monte Carlo simulation technique that incorporates option-pricing model inputs, and was $4.61 , $4.61 , $2.67 and $4.48 per share for the year ended March 2019 , three-month period ended March 2018 and years ended December 2017 and 2016 performance-based RSU grants, respectively. VF also grants nonperformance-based RSUs to certain key employees in international jurisdictions and to nonemployee members of the Board of Directors. Each nonperformance-based RSU entitles the holder to one share of VF Common Stock. The employee nonperformance-based RSUs generally vest over periods of up to four years from the date of grant. The nonperformance-based RSUs granted to nonemployee members of the Board of Directors vest upon grant and will be settled in shares of VF Common Stock one year from the date of grant. In addition, VF began making nonperformance-based RSU grants to employees as part of its annual stock compensation program beginning in the three months ended March 2018. Each nonperformance-based RSU entitles the holder to one share of VF Common Stock. These awards generally vest 50% over a two -year period and 50% over a four -year period from the date of grant. Dividend equivalents on the RSUs accrue without compounding and are payable in additional shares of VF Common Stock when the RSUs vest. Dividend equivalents are subject to the same risk of forfeiture as the RSUs. RSU activity for the three-month period ended March 2018 and the year ended March 2019 is summarized as follows: Performance-based Nonperformance-based Number Outstanding Weighted Average Grant Date Fair Value Number Outstanding Weighted Average Grant Date Fair Value Outstanding, December 2017 1,504,551 $ 62.22 335,093 $ 60.72 Granted 351,490 74.80 407,074 74.80 Issued as Common Stock (405,871 ) 75.33 (34,964 ) 56.11 Forfeited/cancelled (12,154 ) 63.64 (10,780 ) 72.45 Outstanding, March 2018 1,438,016 61.58 696,423 69.00 Granted 19,099 80.39 82,799 79.21 Issued as Common Stock — — (58,165 ) 69.08 Forfeited/cancelled (60,439 ) 65.20 (56,224 ) 73.54 Outstanding, March 2019 1,396,676 $ 61.68 664,833 $ 69.88 Vested, March 2019 859,332 $ 61.37 69,139 $ 74.80 The weighted average fair value of performance-based RSUs granted during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 was $80.39 , $74.80 , $53.69 and $61.31 per share, respectively, which was equal to the fair market value of the underlying VF Common Stock on each grant date. The total market value of awards outstanding at the end of March 2019 was $121.4 million . Awards earned and vested for the three -year performance period ended in December 2017 and distributed in early 2018 totaled 450,175 shares of VF Common Stock having a value of $36.4 million . Similarly, 480,555 shares of VF Common Stock having a value of $24.3 million were earned for the performance period ended in December 2016 . The weighted average fair value of nonperformance-based RSUs granted during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 was $79.21 , $74.80 , $57.49 and $61.83 per share, respectively, which was equal to the fair market value of the underlying VF Common Stock on each grant date. The total market value of awards outstanding at the end of March 2019 was $57.8 million . Restricted Stock VF grants restricted shares of VF Common Stock to certain members of management. The fair value of the restricted shares, equal to the fair market value of VF Common Stock at the grant date, is recognized ratably over the vesting period. Restricted shares vest over periods of up to five years from the date of grant. Dividends accumulate in the form of additional restricted shares and are subject to the same risk of forfeiture as the restricted stock. Restricted stock activity for the three-month period ended March 2018 and the year ended March 2019 is summarized below: Nonvested Shares Outstanding Weighted Average Grant Date Fair Value Nonvested shares, December 2017 684,963 $ 57.01 Granted 56,331 74.70 Dividend equivalents 4,188 74.40 Vested (53,203 ) 57.90 Forfeited (11,068 ) 68.25 Nonvested shares, March 2018 681,211 58.33 Granted 79,188 79.99 Dividend equivalents 15,468 82.02 Vested (99,682 ) 67.41 Forfeited (49,460 ) 62.76 Nonvested shares, March 2019 626,725 $ 59.86 Nonvested shares of restricted stock had a market value of $54.5 million at the end of March 2019 . The market value of the shares that vested during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 was $8.7 million , $3.9 million , $19.4 million and $3.9 million , respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Mar. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The provision for income taxes was computed based on the following amounts of income from continuing operations before income taxes: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Domestic $ 337,066 $ 4,163 $ 364,846 $ 301,760 Foreign 1,190,338 289,970 1,051,649 982,956 Income before income taxes $ 1,527,404 $ 294,133 $ 1,416,495 $ 1,284,716 The provision for income taxes consisted of: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Current: Federal $ 143,872 $ (4,864 ) $ 618,611 $ 115,570 Foreign 164,974 36,634 135,007 123,960 State 22,455 896 21,506 37,957 331,301 32,666 775,124 277,487 Deferred: Federal and state (53,715 ) (13,656 ) (76,039 ) (63,610 ) Foreign (9,186 ) 13,959 (3,799 ) (8,015 ) (62,901 ) 303 (79,838 ) (71,625 ) Income taxes $ 268,400 $ 32,969 $ 695,286 $ 205,862 On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Act. The Tax Act included a broad range of complex provisions impacting the taxation of multi-national companies. Generally, accounting for the impacts of newly enacted tax legislation is required to be completed in the period of enactment, however in response to the complexities and ambiguity surrounding the Tax Act, the SEC released SAB 118 to provide companies with relief around the initial accounting for the Tax Act. Pursuant to SAB 118, the SEC provided a one-year measurement period for companies to analyze and finalize accounting for the Tax Act. During the one-year measurement period, SAB 118 allowed companies to recognize provisional amounts when reasonable estimates could be made for the impacts resulting from the Tax Act. VF finalized its accounting for the Tax Act during the one-year measurement period under SAB 118, and recognized additional net charges of $18.2 million , primarily comprised of $14.3 million tax expense related to the transition tax, additional tax benefits of $0.3 million related to revaluing U.S. deferred tax assets and liabilities using the new U.S. corporate tax rate of 21%, and $4.2 million tax expense related to establishing a deferred tax liability for foreign withholding taxes, resulting in a cumulative net charge of $483.7 million . The measurement period adjustments include $5.1 million of net tax benefit recognized in the three months ended March 2018 and $23.3 million of net tax expense recognized during the year ended March 2019. On January 15, 2019 final regulations under Section 965 related to the transition tax were released. After analyzing these regulations, the Company recorded an additional net charge of $13.9 million , primarily comprised of $20.7 million tax expense related to transition tax and a net tax benefit of $6.8 million related to a reduction in unrecognized tax benefits as a result of the final regulations. The income tax payable attributable to the transition tax is due over an 8-year period beginning in 2018. At March 30, 2019, a noncurrent income tax payable of approximately $416.1 million attributable to the transition tax is reflected in the other liabilities line item of the Consolidated Balance Sheet. The Tax Act created a new tax on certain GILTI from foreign operations. Under GAAP, companies may make an accounting policy election to either treat taxes resulting from GILTI as a current-period expense when they are incurred or factor such amounts into the measurement of deferred taxes. The Company completed its analysis of the effects of the GILTI provisions and determined it will treat the taxes resulting from GILTI as a current-period expense, which is consistent with the treatment prior to the accounting policy election. The differences between income taxes computed by applying the statutory federal income tax rate and income tax expense reported in the consolidated financial statements are as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Tax at federal statutory rate $ 320,755 $ 61,768 $ 495,772 $ 449,650 State income taxes, net of federal tax benefit 32,954 (4,745 ) 23,684 24,426 Foreign rate differences (84,702 ) (9,227 ) (217,131 ) (262,392 ) Tax reform 37,262 (5,107 ) 465,501 — Capital losses — — (67,032 ) — Valuation allowances (federal) — 977 37,296 — Stock compensation (federal) (26,398 ) (10,060 ) (22,826 ) (25,135 ) Other (11,471 ) (637 ) (19,978 ) 19,313 Income taxes $ 268,400 $ 32,969 $ 695,286 $ 205,862 Income tax expense includes tax benefits of $6.3 million , $9.8 million , $10.1 million and $19.4 million in the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 , respectively, from favorable audit outcomes on certain tax matters and from expiration of statutes of limitations. On January 4, 2016, VF sold certain intellectual property rights among various subsidiaries, which more closely aligns the intellectual property rights for certain foreign operations with the respective business activities of those operations, consistent with how the intellectual property is used and developed within the business. The sale of these intellectual property rights was classified as an intra-entity transaction under GAAP, and as such, the corresponding gain was eliminated from the 2016 consolidated financial statements, and the tax impact of the gain was established at the transaction date as a deferred charge of $291.1 million within the other assets line item on the 2016 Consolidated Balance Sheet. In October 2016, the FASB issued an update to their accounting guidance on the recognition of current and deferred income taxes for intra-entity asset transfers. The new guidance requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The Company early adopted this guidance in the first quarter of 2017 using the modified retrospective method, which requires a cumulative adjustment to retained earnings as of the beginning of the period of adoption. The cumulative adjustment to the January 1, 2017 Consolidated Balance Sheet was a reduction in both the other assets and retained earnings line items of $237.8 million . VF was granted a ruling which lowered the effective income tax rate on taxable earnings for years 2010 through 2014 under Belgium’s excess profit tax regime. In February 2015, the European Union Commission (“EU”) opened a state aid investigation into Belgium’s rulings. On January 11, 2016, the EU announced its decision that these rulings were illegal and ordered that tax benefits granted under these rulings should be collected from the affected companies, including VF. On March 22, 2016, the Belgium government filed an appeal seeking annulment of the EU decision. Additionally, on June 21, 2016, VF Europe BVBA filed its own application for annulment of the EU decision. On December 22, 2016, Belgium adopted a law which entitled the Belgium tax authorities to issue tax assessments, and demand timely payments from companies which benefited from the excess profits regime. On January 10, 2017, VF Europe BVBA received an assessment for €31.9 million tax and interest related to excess profits benefits received in prior years. VF Europe BVBA remitted €31.9 million ( $33.9 million ) on January 13, 2017, which was recorded as an income tax receivable in 2017 based on the expected success of the aforementioned requests for annulment. An additional assessment of €3.1 million ( $3.8 million ) was received and paid in January 2018. On February 14, 2019 the General Court annulled the EU decision and on April 26, 2019 the EU appealed the General Court's annulment. Both listed requests for annulment remain open and unresolved. If this matter is adversely resolved, these amounts will not be collected by VF. In addition, VF has been granted a lower effective income tax rate on taxable earnings in another foreign jurisdiction for the years 2010 through 2019. This lower rate, when compared with the country’s statutory rate, resulted in income tax reductions of $15.7 million ( $0.04 per diluted share) in the year ended March 2019 , $7.5 million ( $0.02 per diluted share) in the three months ended March 2018 , $17.8 million ( $0.04 per diluted share) in the year ended December 2017 and $12.0 million ( $0.03 per diluted share) in the year ended December 2016 . Deferred income tax assets and liabilities consisted of the following: (In thousands) March 2019 March 2018 December 2017 Deferred income tax assets: Inventories $ 32,647 $ 24,797 $ 21,146 Deferred compensation 51,913 53,843 55,326 Other employee benefits 69,594 52,456 45,464 Stock compensation 37,317 38,244 45,960 Other accrued expenses 127,684 155,635 158,632 Capital loss carryforwards 19,423 46,069 34,705 Operating loss carryforwards 229,955 252,695 251,236 Gross deferred income tax assets 568,533 623,739 612,469 Valuation allowances (188,258 ) (226,269 ) (225,141 ) Net deferred income tax assets 380,275 397,470 387,328 Deferred income tax liabilities: Depreciation 25,355 27,023 25,272 Intangible assets 222,769 223,435 237,667 Other deferred tax liabilities 91,464 82,406 78,824 Deferred income tax liabilities 339,588 332,864 341,763 Net deferred income tax assets (liabilities) $ 40,687 $ 64,606 $ 45,565 Amounts included in the Consolidated Balance Sheets: Other assets (Note 10) $ 109,551 $ 105,493 $ 103,601 Other liabilities (Note 14) (68,864 ) (40,887 ) (58,036 ) $ 40,687 $ 64,606 $ 45,565 At the end of Fiscal 2019, the Company is not asserting indefinite reinvestment with regards to short-term liquid assets of certain foreign subsidiaries. All other foreign earnings, including basis differences of certain foreign subsidiaries, continue to be considered indefinitely reinvested. The Company has not determined the deferred tax liability associated with these undistributed earnings and basis differences, as such determination is not practicable. VF has potential tax benefits totaling $199.3 million for foreign operating loss carryforwards, of which $171.3 million have an unlimited carryforward life. In addition, there are $0.1 million of potential tax benefits for federal operating loss carryforwards that expire in 2020, $19.4 million of potential tax benefits for federal and state capital loss carryforwards that begin to expire in 2022 and $30.5 million of potential tax benefits for state operating loss and credit carryforwards that expire between 2020 and 2039 . A valuation allowance has been provided where it is more likely than not that the deferred tax assets related to those operating loss carryforwards will not be realized. Valuation allowances totaled $150.5 million for available foreign operating loss carryforwards, $5.1 million for available capital loss carryforwards, $22.7 million for available state operating loss and credit carryforwards, and $10.0 million for other foreign deferred income tax assets. During Fiscal 2019 , VF had a net decrease in valuation allowances of $25.5 million related to capital loss carryforwards,a net increase of $1.7 million related to state operating loss and credit carryforwards and a decrease of $17.1 million related to foreign operating loss carryforwards and other foreign deferred tax assets, inclusive of foreign currency effects. A reconciliation of the change in the accrual for unrecognized income tax benefits is as follows: (In thousands) Unrecognized Accrued Unrecognized Balance, December 2015 $ 75,677 $ 9,369 $ 85,046 Additions for current year tax positions 121,025 — 121,025 Additions for prior year tax positions 6,164 2,880 9,044 Reductions for prior year tax positions (4,798 ) (1,362 ) (6,160 ) Reductions due to statute expirations (14,985 ) (1,335 ) (16,320 ) Payments in settlement (6,108 ) (829 ) (6,937 ) Currency translation (9 ) (14 ) (23 ) Balance, December 2016 176,966 8,709 185,675 Additions for current year tax positions 28,049 — 28,049 Additions for prior year tax positions 22,968 6,808 29,776 Reductions for prior year tax positions (22,163 ) (279 ) (22,442 ) Reductions due to statute expirations (9,028 ) (915 ) (9,943 ) Payments in settlement (855 ) (248 ) (1,103 ) Currency translation 55 11 66 Balance, December 2017 195,992 14,086 210,078 Additions for current year tax positions 2,012 — 2,012 Additions for prior year tax positions 477 2,340 2,817 Reductions for prior year tax positions (201 ) (3 ) (204 ) Reductions due to statute expirations (9,222 ) (985 ) (10,207 ) Payments in settlement — — — Currency translation 17 2 19 Balance, March 2018 189,075 15,440 204,515 Additions for current year tax positions 8,511 — 8,511 Additions for prior year tax positions 16,211 12,521 28,732 Reductions for prior year tax positions (18,753 ) (467 ) (19,220 ) Reductions due to statute expirations (30 ) (7 ) (37 ) Payments in settlement (6,754 ) (919 ) (7,673 ) Currency translation (35 ) (3 ) (38 ) Balance, March 2019 $ 188,225 $ 26,565 $ 214,790 (In thousands) March 2019 March 2018 December 2017 Amounts included in the Consolidated Balance Sheets: Unrecognized income tax benefits, including interest and penalties $ 214,790 $ 204,515 $ 210,078 Less deferred tax benefits 40,862 35,474 31,197 Total unrecognized tax benefits $ 173,928 $ 169,041 $ 178,881 The unrecognized tax benefits of $173.9 million at the end of Fiscal 2019 , if recognized, would reduce the annual effective tax rate. VF files a consolidated U.S. federal income tax return, as well as separate and combined income tax returns in numerous state and international jurisdictions. In the U.S., the IRS examinations for tax years through 2014 have been effectively settled. The examination of Timberland’s 2011 tax return is ongoing. In addition, VF is currently subject to examination by various state and international tax authorities. Management regularly assesses the potential outcomes of both ongoing and future examinations for the current and prior years and has concluded that VF’s provision for income taxes is adequate. The outcome of any one examination is not expected to have a material impact on VF’s consolidated financial statements. Management believes that some of these audits and negotiations will conclude during the next 12 months. Management also believes that it is reasonably possible that the amount of unrecognized income tax benefits may decrease by $28.5 million within the next 12 months due to settlement of audits and expiration of statutes of limitations, $27.1 million of which would reduce income tax expense.

REPORTABLE SEGMENT INFORMATION

REPORTABLE SEGMENT INFORMATION	12 Months Ended
	Mar. 30, 2019
Segment Reporting [Abstract]
REPORTABLE SEGMENT INFORMATION	SEGMENT INFORMATION In light of recently completed portfolio management actions and organizational realignments, the Company realigned its internal reporting structure in the year ended March 2019 to reflect the organizational changes to better support and assess the operations of the business. The chief operating decision maker allocates resources and assesses performance based on a global brand view which represents VF's operating segments. The operating segments have been evaluated and combined into reportable segments because they have met the similar economic characteristics and qualitative aggregation criteria set forth in the relevant accounting guidance. Based on this assessment, the Company's reportable segments have been identified as: Outdoor, Active, Work and Jeans. Below is a description of VF's reportable segments and the primary brands included within each: REPORTABLE SEGMENT PRIMARY BRANDS Outdoor - Outdoor apparel, footwear and equipment The North Face ® Timberland ® (excluding Timberland PRO ® ) Icebreaker ® Smartwool ® Altra ® Active - Active apparel, footwear and accessories Vans ® Kipling ® Napapijri ® Eastpak ® JanSport ® Reef ® Eagle Creek ® Work - Work and work-inspired lifestyle apparel, footwear and occupational apparel Dickies ® Red Kap ® Bulwark ® Timberland PRO ® VF Solutions ® Wrangler ® RIGGS Walls ® Terra ® Workrite ® Kodiak ® Horace Small ® Jeans - Denim and casual apparel Wrangler ® (excluding Wrangler ® RIGGS ) Lee ® Lee ® Riders ® Rock and Republic ® Other - included in the tables below for purposes of reconciliation of revenues and profit, but it is not considered a reportable segment. Includes sales of non-VF products at VF Outlet ™ stores and results from transition services related to the sales of the Nautica ® and Reef ® brand businesses. In the tables below, the Company has recast historical financial information to reflect the new reportable segments. The recast historical information has no impact on the Company's previously reported consolidated financial statements. The results of Williamson-Dickie have been included in the Work segment since the October 2, 2017 acquisition date. The results of Kipling North America, which were previously included in the former Sportswear segment, have been included in the Active segment for all periods presented. The results of Icebreaker and Altra have been included in the Outdoor segment since their acquisition dates of April 3, 2018 and June 1, 2018, respectively. The results of the Van Moer business have been included in the Work segment through the October 5, 2018 date of sale. The results of the Reef ® brand business have been included in the Active segment through the October 26, 2018 date of sale. The primary financial measures used by management to evaluate the financial results of VF's reportable segments are segment revenues and segment profit. Segment profit comprises the operating income and other income (expense), net line items of each segment. Accounting policies used for internal management reporting at the individual segments are consistent with those in Note 1, except as stated below. Corporate costs (other than common costs allocated to the segments), impairment charges and net interest expense are not controlled by segment management and therefore are excluded from the measurement of segment profit. Common costs such as information systems processing, retirement benefits and insurance are allocated from corporate costs to the segments based on appropriate metrics such as usage or employment. Corporate costs that are not allocated to the segments consist of corporate headquarters expenses (including compensation and benefits of corporate management and staff, certain legal and professional fees and administrative and general costs) and other expenses which include a portion of defined benefit pension costs, development costs for management information systems, costs of registering, maintaining and enforcing certain of VF’s trademarks and miscellaneous consolidated costs. Defined benefit pension plans in the U.S. are centrally managed. The current year service cost component of pension cost is allocated to the segments, while the remaining pension cost components are reported in corporate and other expenses. Segment assets, for internal management purposes, are those used directly in or resulting from the operations of each business, which are accounts receivable and inventories. Segment assets included in the Other category represent balances related to the VF Outlet ™ business, transition services and other corporate activities, and are provided for purposes of reconciliation as the Other category is not considered a reportable segment. Total expenditures for additions to long-lived assets are not disclosed as this information is not regularly provided to the chief operating decision maker at the segment level. Financial information for VF’s reportable segments is as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Segment revenues: Outdoor $ 4,649,024 $ 888,039 $ 4,208,958 $ 4,123,372 Active 4,721,792 1,071,598 3,791,737 3,318,428 Work 1,862,017 442,258 1,099,714 776,214 Jeans 2,491,769 623,266 2,597,623 2,690,059 Other 124,058 20,285 113,145 118,074 Total segment revenues $ 13,848,660 $ 3,045,446 $ 11,811,177 $ 11,026,147 Segment profit: Outdoor $ 544,425 $ 44,673 $ 537,543 $ 594,485 Active 1,125,709 237,620 805,843 628,163 Work 220,670 40,024 163,585 137,301 Jeans 300,502 103,805 406,524 479,179 Other 457 (3,074 ) (3,090 ) (4,809 ) Total segment profit 2,191,763 423,048 1,910,405 1,834,319 Impairment of goodwill and intangible assets (a) — — — (79,644 ) Corporate and other expenses (b) (c) (578,934 ) (107,750 ) (408,030 ) (384,413 ) Interest expense, net (85,425 ) (21,165 ) (85,880 ) (85,546 ) Income from continuing operations before income taxes $ 1,527,404 $ 294,133 $ 1,416,495 $ 1,284,716 (a) Represents goodwill and intangible asset impairment charges in 2016 related to the Outdoor segment ( lucy ® brand discussed in Notes 8, 9 and 22). The impairment charges were excluded from the profit of the Outdoor segment since they are not part of the ongoing operations of the business. (b) Reflects a $50.9 million pension settlement charge in 2016 (Note 15). (c) Certain corporate overhead and other costs of, $16.6 million and $44.3 million during the years ended December 2017 and 2016 , respectively, previously allocated to the former Sportswear, Imagewear, Outdoor & Action Sports and Contemporary Brands segments for segment reporting purposes, have been reallocated to continuing operations as discussed in Note 4. March March December (In thousands) 2019 2018 2017 Segment assets: Outdoor $ 1,108,274 $ 924,870 $ 1,082,264 Active 981,033 873,737 686,991 Work 742,329 669,641 657,025 Jeans 720,620 710,481 629,648 Other 99,570 91,299 80,667 Total segment assets 3,651,826 3,270,028 3,136,595 Cash and equivalents 543,011 680,762 563,483 Property, plant and equipment, net 1,057,268 1,011,617 1,014,638 Intangible assets and goodwill 3,779,161 3,813,329 3,782,425 Other assets 1,325,519 1,161,994 1,080,661 Assets of discontinued operations — 373,580 380,700 Consolidated assets $ 10,356,785 $ 10,311,310 $ 9,958,502 Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Depreciation and amortization expense: (a) Outdoor $ 82,259 $ 16,998 $ 86,838 $ 83,070 Active 73,395 18,953 70,219 66,031 Work 34,446 10,149 12,926 5,051 Jeans 38,505 8,710 35,586 39,237 Other 2,542 609 3,560 3,537 Corporate 69,858 15,501 68,016 57,290 $ 301,005 $ 70,920 $ 277,145 $ 254,216 (a) Excludes $ 0.6 million , $14.0 million and $27.4 million of depreciation and amortization related to discontinued operations in the three months ended March 2018 and the years ended December 2017 and 2016 , respectively. These amounts are included in depreciation and amortization in our Consolidated Statements of Cash Flows as we did not segregate cash flows related to discontinued operations (Note 4). Supplemental information (with revenues by geographic area based on the origin of the shipment) is as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Total revenues: U.S. $ 8,126,280 $ 1,643,991 $ 6,923,749 $ 6,669,026 Foreign, primarily Europe 5,722,380 1,401,455 4,887,428 4,357,121 $ 13,848,660 $ 3,045,446 $ 11,811,177 $ 11,026,147 Property, plant and equipment: U.S. $ 644,839 $ 605,487 $ 607,437 Foreign, primarily Europe 412,429 406,130 407,201 $ 1,057,268 $ 1,011,617 $ 1,014,638 No single customer accounted for 10% or more of the Company’s total revenues in the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Mar. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments VF is obligated under noncancelable operating leases related primarily to retail stores, office space, distribution facilities and equipment. Rent expense, net of sublease income that was not significant in any period, was included in the Consolidated Statements of Income as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Minimum rent expense $ 386,544 $ 104,235 $ 355,217 $ 337,879 Contingent rent expense 34,267 6,791 24,410 18,062 Rent expense $ 420,811 $ 111,026 $ 379,627 $ 355,941 Future minimum lease payments during the noncancelable lease term are $366.4 million , $314.8 million , $228.9 million , $163.5 million and $106.9 million for fiscal years 2020 through 2024, respectively, and $252.8 million thereafter. VF has entered into licensing agreements that provide VF rights to market products under trademarks owned by other parties. Royalties under these agreements are recognized in cost of goods sold in the Consolidated Statements of Income. Certain of these agreements contain minimum royalty and minimum advertising requirements. Future minimum royalty payments, including any required advertising payments, are $25.6 million , $13.1 million , $8.3 million , $3.1 million and $1.8 million for fiscal years 2020 through 2024, respectively, and $8.8 million thereafter. In the ordinary course of business, VF has entered into purchase commitments for raw materials, contract production and finished products. Total payments required under these agreements are $2.6 billion , $17.8 million , $6.8 million , and $7.0 million for fiscal years 2020 through 2023, respectively and no commitments thereafter. VF has entered into commitments for (i) service and maintenance agreements related to its management information systems, (ii) capital spending, and (iii) advertising. Future payments under these agreements are $108.0 million , $18.8 million , $16.3 million , $11.7 million and $7.4 million for fiscal years 2020 through 2024, respectively, and $12.1 million thereafter. Surety bonds, customs bonds, standby letters of credit and international bank guarantees, all of which represent contingent guarantees of performance under self-insurance and other programs, totaled $116.2 million as of March 2019 . These commitments would only be drawn upon if VF were to fail to meet its claims or other obligations. Contingencies The Company petitioned the U.S. Tax Court to resolve an IRS dispute regarding the timing of income inclusion associated with the 2011 Timberland acquisition. The Company remains confident in our timing and treatment of the income inclusion, and therefore this matter is not reflected in our financial statements. We are vigorously defending our position, and do not expect the resolution to have a material adverse impact on the Company's financial position, results of operations or cash flows. While the IRS argues immediate income inclusion, the Company's position is to include the income over a period of years. As the matter relates to 2011, nearly half of the timing at dispute has passed with the Company including the income, and paying the related tax, on our income tax returns. The Company notes that should the IRS prevail in this timing matter, the net interest expense would be up to $130 million . Further, this timing matter is impacted by the Tax Act that reduced the U.S. corporate income tax rate from 35% to 21%. If the IRS is successful, this rate differential would increase tax expense by approximately $136 million . The Company is currently involved in other legal proceedings that are ordinary, routine litigation incidental to the business. The resolution of any particular proceeding is not currently expected to have a material adverse impact on the Company's financial position, results of operations or cash flows.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands, except per share amounts) 2019 2018 2017 2016 Earnings per share — basic: Income from continuing operations $ 1,259,004 $ 261,164 $ 721,209 $ 1,078,854 Weighted average common shares outstanding 395,189 395,253 399,223 416,103 Earnings per share from continuing operations $ 3.19 $ 0.66 $ 1.81 $ 2.59 Earnings per share — diluted: Income from continuing operations $ 1,259,004 $ 261,164 $ 721,209 $ 1,078,854 Weighted average common shares outstanding 395,189 395,253 399,223 416,103 Incremental shares from stock options and other dilutive securities 5,307 6,023 4,336 5,978 Adjusted weighted average common shares outstanding 400,496 401,276 403,559 422,081 Earnings per share from continuing operations $ 3.14 $ 0.65 $ 1.79 $ 2.56 Outstanding options to purchase 0.5 million , 6.9 million and 5.8 million shares of Common Stock were excluded from the calculations of diluted earnings per share in the years ended March 2019 , December 2017 and December 2016 , respectively, because the effect of their inclusion would have been antidilutive to those years. For the three months ended March 2018 , all outstanding options to purchase shares were dilutive and included in the calculation of diluted earnings per share. In addition, 0.8 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share in the year ended March 2019 , and 0.9 million shares were excluded in each of the three months ended March 2018 and the years ended December 2017 and 2016 because these units were not considered to be contingent outstanding shares.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Mar. 30, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Financial assets and financial liabilities measured and reported at fair value are classified in a three-level hierarchy that prioritizes the inputs used in the valuation process. A financial instrument’s categorization within the valuation hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The hierarchy is based on the observability and objectivity of the pricing inputs, as follows: • Level 1 — Quoted prices in active markets for identical assets or liabilities. • Level 2 — Significant directly observable data (other than Level 1 quoted prices) or significant indirectly observable data through corroboration with observable market data. Inputs would normally be (i) quoted prices in active markets for similar assets or liabilities, (ii) quoted prices in inactive markets for identical or similar assets or liabilities, or (iii) information derived from or corroborated by observable market data. • Level 3 — Prices or valuation techniques that require significant unobservable data inputs. These inputs would normally be VF’s own data and judgments about assumptions that market participants would use in pricing the asset or liability. Recurring Fair Value Measurements 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) 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 — Total Fair Value Fair Value Measurement Using (a) (In thousands) Level 1 Level 2 Level 3 March 2018 Financial assets: Cash equivalents: Money market funds $ 185,118 $ 185,118 $ — $ — Time deposits 7,714 7,714 — — Derivative financial instruments 31,400 — 31,400 — Investment securities 194,160 183,802 10,358 — Financial liabilities: Derivative financial instruments 106,174 — 106,174 — Deferred compensation 227,808 — 227,808 — Total Fair Value Fair Value Measurement Using (a) (In thousands) Level 1 Level 2 Level 3 December 2017 Financial assets: Cash equivalents: Money market funds $ 265,432 $ 265,432 $ — $ — Time deposits 13,591 13,591 — — Derivative financial instruments 22,970 — 22,970 — Investment securities 197,837 185,723 12,114 — Financial liabilities: Derivative financial instruments 100,038 — 100,038 — Deferred compensation 235,359 — 235,359 — (a) There were no transfers among the levels within the fair value hierarchy during the year ended March 2019 , the three months ended March 2018 or the year ended December 2017 . VF’s cash equivalents include money market funds and short-term time deposits that approximate fair value based on Level 1 measurements. The fair value of derivative financial instruments, which consist of foreign exchange forward contracts, is determined based on observable market inputs (Level 2), including spot and forward exchange rates for foreign currencies, and considers the credit risk of the Company and its counterparties. Investment securities are held in VF’s deferred compensation plans as an economic hedge of the related deferred compensation liabilities (Note 15). These investments primarily include mutual funds (Level 1) that are valued based on quoted prices in active markets and a separately managed fixed-income fund (Level 2) with underlying investments that are valued based on quoted prices for similar assets in active markets or quoted prices in inactive markets for identical assets. Liabilities related to VF’s deferred compensation plans are recorded at amounts due to participants, based on the fair value of the participants’ selection of hypothetical investments. All other financial assets and financial liabilities are recorded in the consolidated financial statements at cost, except life insurance contracts which are recorded at cash surrender value. These other financial assets and financial liabilities include cash held as demand deposits, accounts receivable, short-term borrowings, accounts payable and accrued liabilities. At March 2019 , March 2018 and December 2017 , their carrying values approximated their fair values. Additionally, at March 2019 , March 2018 and December 2017 , the carrying values of VF’s long-term debt, including the current portion, were $2,121.1 million , $2,218.8 million and $2,194.0 million , respectively, compared with fair values of $2,318.6 million , $2,403.9 million and $2,422.0 million at those respective dates. Fair value for long-term debt is a Level 2 estimate based on quoted market prices or values of comparable borrowings. Nonrecurring Fair Value Measurements In conjunction with the acquisitions of Williamson-Dickie, Icebreaker and Altra, the Company measured tangible and intangible assets acquired and liabilities assumed at fair value using valuation techniques including the replacement cost, market and income methods. Refer to Note 3 for additional details regarding the acquisitions and purchase price allocation. Certain non-financial assets, primarily property, plant and equipment, goodwill and intangible assets, are not required to be measured at fair value on a recurring basis and are reported at carrying value. However, these assets are required to be assessed for impairment whenever events or circumstances indicate that their carrying value may not be fully recoverable, and at least annually for goodwill and indefinite-lived intangible assets. In the event an impairment is required, the asset is adjusted to fair value, using market-based assumptions. The Company recorded $6.0 million , $17.2 million and $8.2 million of fixed asset impairments in the years ended March 2019, December 2017 and December 2016 , respectively, related to retail store assets and other fixed assets. These impairments are recorded in the selling, general and administrative expenses line item in the Consolidated Statements of Income. There were no significant impairment charges related to property, plant and equipment in the three months ended March 2018 . Due to the change in VF's reportable segments during the first quarter of the year ended March 2019, the Timberland PRO ® and Wrangler ® RIGGS brands were identified as new reporting units. Accordingly, VF was required to evaluate whether there was impairment at the historical Timberland and Jeanswear North America reporting units, and allocate to Timberland PRO and Wrangler RIGGS a portion of the respective historical reporting unit goodwill. Management performed a quantitative impairment analysis and concluded the estimated fair value of the historical reporting units exceeded the carrying value by a substantial amount, and thus the goodwill was not impaired. Management allocated $51.5 million and $7.4 million to Timberland Pro and Wrangler RIGGS, respectively, based on estimated relative fair values. The fair values of the reporting units were estimated using valuation techniques described in the Critical Accounting Policies and Estimates included in the "Management’s Discussion and Analysis" section of this Form 10-K. Management performed its annual impairment testing of goodwill and indefinite-lived intangible assets as of the beginning of the fourth quarter of Fiscal 2019 . Management performed a qualitative analysis for all reporting units and trademark intangible assets. No impairment charges of goodwill or intangible assets were recorded in the year ended March 2019 or the three months ended March 2018. See Critical Accounting Policies and Estimates within Management's Discussion and Analysis for additional discussion regarding non-recurring fair value measurements during the year ended March 2019. No impairment charges of goodwill or intangible assets were recorded in the year ended December 2017 except for a goodwill impairment charge of $104.7 million recorded in the the three months ended September 30, 2017 related to the Nautica ® brand business, which has since been reported as discontinued operations. VF recognized impairment charges of $79.6 million in the year ended December 2016 Consolidated Statement of Income related to the lucy ® brand, of which $39.3 million related to the remaining goodwill and $40.3 million related to the remaining trademark intangible asset. No other impairment charges were recorded. Our impairment testing of goodwill, trademarks, customer relationships and license intangible assets utilizes significant unobservable inputs (Level 3) to determine fair value. The fair value of reporting units for goodwill impairment testing is determined using a combination of two valuation methods: an income approach and a market approach. The income approach is based on projected future (debt-free) cash flows that are discounted to present value. The appropriate discount rate is based on the reporting unit’s weighted average cost of capital (“WACC”) that takes market participant assumptions into consideration. For the market approach, management uses both the guideline company and similar transaction methods. The guideline company method analyzes market multiples of revenues and earnings before interest, taxes, depreciation and amortization (“EBITDA”) for a group of comparable public companies. The market multiples used in the valuation are based on the relative strengths and weaknesses of the reporting unit compared to the selected guideline companies. Under the similar transactions method, valuation multiples are calculated utilizing actual transaction prices and revenue/EBITDA data from target companies deemed similar to the reporting unit. Management uses the income-based relief-from-royalty method to value trademark intangible assets. Under this method, revenues expected to be generated by the trademark are multiplied by a selected royalty rate. The royalty rate is selected based on consideration of (i) royalty rates included in active license agreements, if applicable, (ii) royalty rates received by market participants in the apparel industry, and (iii) the current performance of the reporting unit. The estimated after-tax royalty revenue stream is then discounted to present value using the reporting unit’s WACC plus a spread that factors in the risk of the intangible asset. For the valuation of customer relationship intangible assets, management uses the multi-period excess earnings method which is a specific application of the discounted cash flows method. Under this method, VF calculates the present value of the after-tax cash flows expected to be generated by the customer relationship asset after deducting contributory asset charges. Management’s revenue and profitability forecasts used in the reporting unit and intangible asset valuations were developed in conjunction with management’s strategic plan review performed each fourth quarter, and our resulting revised outlook for business performance, and considered recent performance and trends, strategic initiatives and industry trends. Assumptions used in the valuations are similar to those that would be used by market participants performing independent valuations of these businesses.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	12 Months Ended
	Mar. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES Summary of Derivative Financial Instruments All of VF’s outstanding derivative financial instruments are foreign exchange forward contracts. Although derivatives meet the criteria for hedge accounting at the inception of the hedging relationship, a limited number of derivative contracts intended to hedge assets and liabilities are not designated as hedges for accounting purposes. The notional amounts of all outstanding derivative contracts were $2.8 billion at March 2019 and $2.9 billion at both March 2018 and December 2017 , consisting primarily of contracts hedging exposures to the euro, British pound, Canadian dollar, Mexican peso, Swiss franc, Swedish krona, New Zealand dollar, South Korean won, Japanese yen, and Polish zloty. Derivative contracts have maturities up to 20 months . The following table presents outstanding derivatives on an individual contract basis: Fair Value of Derivatives with Unrealized Gains Fair Value of Derivatives with Unrealized Losses (In thousands) March 2019 March 2018 December 2017 March 2019 March 2018 December 2017 Foreign currency exchange contracts designated as hedging instruments $ 92,356 $ 21,496 $ 17,639 $ (21,798 ) $ (105,795 ) $ (99,606 ) Foreign currency exchange contracts not designated as hedging instruments 415 9,904 5,331 (539 ) (379 ) (432 ) Total derivatives $ 92,771 $ 31,400 $ 22,970 $ (22,337 ) $ (106,174 ) $ (100,038 ) VF records and presents the fair values of all of its derivative assets and liabilities in the Consolidated Balance Sheets on a gross basis, even though they are subject to master netting agreements. If VF were to offset and record the asset and liability balances of its foreign exchange forward contracts on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets as of March 2019 , March 2018 and December 2017 would be adjusted from the current gross presentation to the net amounts as detailed in the following table: March 2019 March 2018 December 2017 (In thousands) Derivative Asset Derivative Liability Derivative Asset Derivative Liability Derivative Asset Derivative Liability Gross amounts presented in the Consolidated Balance Sheets $ 92,771 $ (22,337 ) $ 31,400 $ (106,174 ) $ 22,970 $ (100,038 ) Gross amounts not offset in the Consolidated Balance Sheets (22,274 ) 22,274 (20,918 ) 20,918 (18,313 ) 18,313 Net amounts $ 70,497 $ (63 ) $ 10,482 $ (85,256 ) $ 4,657 $ (81,725 ) Derivatives are classified as current or noncurrent based on maturity dates, as follows: (In thousands) March 2019 March 2018 December 2017 Other current assets $ 83,582 $ 26,741 $ 20,771 Accrued liabilities (Note 12) (18,590 ) (96,087 ) (87,205 ) Other assets (Note 10) 9,189 4,659 2,199 Other liabilities (Note 14) (3,747 ) (10,087 ) (12,833 ) Cash Flow Hedges VF uses derivative contracts primarily to hedge a portion of the exchange risk for its forecasted sales, purchases, production costs, operating costs and intercompany royalties. The effects of cash flow hedging included in VF’s Consolidated Statements of Income and Consolidated Statements of Comprehensive Income are summarized as follows: (In thousands) Cash Flow Hedging Relationships Gain (Loss) on Derivatives Recognized in OCI Year Ended March Three Months Ended March (Transition Period) Year Ended December 2019 2018 2017 2016 Foreign currency exchange $ 156,513 $ (25,530 ) $ (138,716 ) $ 90,708 Gain (Loss) Reclassified from Accumulated OCI into Income (In thousands) Year Ended March Three Months Ended March (Transition Period) Year Ended December Location of Gain (Loss) 2019 2018 2017 2016 Net revenues $ 1,774 $ 4,948 $ 33,641 $ 28,798 Cost of goods sold (20,686 ) (13,286 ) 610 84,613 Selling, general and administrative expenses (4,772 ) (1,981 ) (3,610 ) (4,314 ) Other income (expense), net 355 (2,427 ) (1,851 ) 2,864 Interest expense (5,012 ) (1,214 ) (4,723 ) (4,504 ) Total $ (28,341 ) $ (13,960 ) $ 24,067 $ 107,457 Derivative Contracts Not Designated as Hedge s VF uses derivative contracts to manage foreign currency exchange risk on third-party accounts receivable and payable, as well as intercompany borrowings. These contracts are not designated as hedges, and are recorded at fair value in the Consolidated Balance Sheets. Changes in the fair values of these instruments are recognized directly in earnings. Gains or losses on these contracts largely offset the net transaction losses or gains on the related assets and liabilities. In the case of derivative contracts executed on foreign currency exposures that are no longer probable of occurring, VF de-designates these hedges and the fair value changes of these instruments are also recognized directly in earnings. In addition, VF entered into foreign exchange forward contracts to hedge the purchase price of the Icebreaker acquisition. These contracts were not designated as hedges, and were recorded at fair value in the Consolidated Balance Sheets. Changes in the fair values of these instruments were recognized directly in earnings. All contracts were settled in conjunction with the acquisition. The changes in fair value of derivative contracts not designated as hedges that have been recognized as gains or losses in VF's Consolidated Statements of Income were not material for the year ended March 2019, the three months ended March 2018, and the years ended December 2017 and 2016. Other Derivative Information There were no significant amounts recognized in earnings for the ineffective portion of any hedging relationships during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 . At March 2019 , accumulated OCI included $70.3 million of pre-tax net deferred losses for foreign currency exchange contracts that are expected to be reclassified to earnings during the next 12 months. The amounts ultimately reclassified to earnings will depend on exchange rates in effect when outstanding derivative contracts are settled. VF entered into interest rate swap derivative contracts in 2011 and 2003 to hedge the interest rate risk for issuance of long-term debt due in 2021 and 2033 , respectively. In each case, the contracts were terminated concurrent with the issuance of the debt, and the realized gain or loss was deferred in accumulated OCI. The remaining pre-tax net deferred loss in accumulated OCI was $11.7 million at March 2019 , which will be reclassified into interest expense in the Consolidated Statements of Income over the remaining terms of the associated debt instruments. During the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 , VF reclassified $5.0 million , $1.2 million , $4.7 million and $4.5 million , respectively, of net deferred losses from accumulated OCI into interest expense. VF expects to reclassify $5.3 million to interest expense during the next 12 months. Net Investment Hedge The Company has designated its €850.0 million of euro-denominated fixed-rate notes as a net investment hedge of VF’s investment in certain foreign operations. Because this debt qualified as a nonderivative hedging instrument, foreign currency transaction gains or losses of the debt are deferred in the foreign currency translation and other component of accumulated OCI as an offset to the foreign currency translation adjustments on the hedged investments. During the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016, the Company recognized an after-tax gain of $69.5 million , an after-tax loss of $19.2 million , an after-tax loss of $92.9 million and an after-tax gain of $34.4 million , respectively, in OCI related to the net investment hedge transaction. Any amounts deferred in accumulated OCI will remain until the hedged investment is sold or substantially liquidated. The Company recorded no ineffectiveness from its net investment hedge during the year ended March 2019 , the three months ended March 2018 and the years ended December 2017 and 2016 .

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	12 Months Ended
	Mar. 30, 2019
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	SUPPLEMENTAL CASH FLOW INFORMATION Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Income taxes paid, net of refunds $ 359,821 $ 105,635 $ 331,194 $ 434,795 Interest paid, net of amounts capitalized 102,749 13,553 99,939 87,521 Noncash transactions: Property, plant and equipment expenditures included in accounts payable or accrued liabilities 29,824 22,495 26,146 28,103 Computer software costs included in accounts payable or accrued liabilities 14,842 21,144 22,880 15,143 The cash flows related to discontinued operations have not been segregated, and are included in the Consolidated Statements of Cash Flows. Accordingly, the information above includes the results of continuing and discontinued operations.

RESTRUCTURING

RESTRUCTURING	12 Months Ended
	Mar. 30, 2019
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING The Company typically incurs restructuring charges related to strategic initiatives and cost optimization of business activities, primarily related to severance and employee-related benefits. Of the $107.6 million of restructuring charges recognized in the year ended March 2019, $70.2 million were reflected in selling, general and administrative expenses and $37.4 million in cost of goods sold. Of the $14.9 million million of restructuring charges recognized in the three months ended March 2018, $10.8 million were reflected in selling, general and administrative expenses and $4.1 million in cost of goods sold. Of the $27.0 million of restructuring charges recognized in the year ended December 2017, $20.2 million were reflected in selling, general and administrative expenses and $6.8 million in cost of goods sold. Of the $55.1 million of restructuring charges recognized in the year ended December 2016, $31.8 million were reflected in selling, general and administrative expenses and $23.3 million in cost of goods sold. The Company did not recognize significant incremental costs related to the actions for the years ended December 2017 and 2016 during the three months ended March 2018 or the year ended March 2019, and has completed most of the related restructuring activities as of March 2019. Of the total restructuring accrual at March 2019, $86.6 million is expected to be paid out within the next 12 months and is classified within accrued liabilities. The remaining $5.7 million will be paid out beyond the next 12 months and thus is classified within other liabilities. The components of the restructuring charges are as follows: (In thousands) Year Ended March 2019 Charges Three Months Ended March 2018 Charges Year Ended December 2017 Charges Year Ended December 2016 Charges Severance and employee-related benefits $ 79,693 $ 14,927 $ 22,611 $ 50,395 Asset impairments 5,705 — — 3,394 Inventory write-downs 6,574 — — — Contract termination and other 15,643 — 4,436 1,310 Total restructuring charges $ 107,615 $ 14,927 $ 27,047 $ 55,099 Restructuring costs by business segment are as follows: (In thousands) Year Ended March 2019 Charges Three Months Ended March 2018 Charges Year Ended December 2017 Charges Year Ended December 2016 Charges Outdoor $ 38,952 $ 4,550 $ 10,393 $ 14,137 Active 13,579 — 2,400 3,946 Work 10,003 7,802 3,895 1,308 Jeans 39,936 2,575 6,993 20,357 Other 167 — — 1,277 Corporate 4,978 — 3,366 14,074 Total $ 107,615 $ 14,927 $ 27,047 $ 55,099 The activity in the restructuring accrual is as follows: (In thousands) Severance Other Total Accrual at December 2016 $ 49,728 $ 878 $ 50,606 Charges 22,611 4,436 27,047 Cash payments and settlements (37,349 ) (878 ) (38,227 ) Adjustments to accruals (2,783 ) — (2,783 ) Currency translation 1,601 — 1,601 Accrual at December 2017 33,808 4,436 38,244 Charges 14,927 — 14,927 Cash payments and settlements (4,658 ) (3,992 ) (8,650 ) Adjustments to accruals (1,033 ) — (1,033 ) Currency translation 101 — 101 Accrual at March 2018 43,145 444 43,589 Charges 79,693 15,643 95,336 Cash payments and settlements (35,530 ) (4,917 ) (40,447 ) Adjustments to accruals (5,800 ) 100 (5,700 ) Currency translation (272 ) (235 ) (507 ) Accrual at March 2019 $ 81,236 $ 11,035 $ 92,271 The Company has incurred costs associated with the relocation of VF's global headquarters and certain brands to Denver, Colorado. The total amount of charges recognized for the year ended March 2019 was $47.4 million , of which $18.8 million relates to severance and employee-related benefits and is included in the tables above. The remaining $28.6 million relates to other relocation costs, the majority of which has been paid as of March 2019.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Mar. 30, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On May 14, 2019, VF’s Board of Directors declared a quarterly cash dividend of $0.51 per share, payable on June 20, 2019 to shareholders of record on June 10, 2019 . On May 19, 2019, Switzerland voted to approve the Federal Act on Tax Reform and AHV Financing (“Swiss Tax Act”). The Company is currently evaluating the Swiss Tax Act and the associated tax effects will be reflected in VF’s first quarter of Fiscal 2020, which is the period that the Swiss Tax Act was enacted. We believe the Swiss Tax Act may have a material impact to the Company’s tax expense. On May 22, 2019, VF completed the spin-off of its Jeans business with the new company now operating as an independent, publicly traded company under the name Kontoor Brands, Inc. ("Kontoor Brands"). As a result, beginning in the first quarter of Fiscal 2020, Kontoor Brands' historical financial results through the date of separation will be reported as a discontinued operation in VF's consolidated financial statements. The spin-off is effected through a distribution to VF shareholders of one share of Kontoor Brands common stock for every seven shares of VF common stock held on the record date of May 10, 2019. In connection with the spin-off, Kontoor Brands transferred net proceeds of approximately $1.0 billion to VF and its subsidiaries from its new debt issuance.

QUARTERLY RESULTS OF OPERATIONS

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	12 Months Ended
	Mar. 30, 2019
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (In thousands, except per share amounts) First (a) Second (a) (b) Third (a) (b) Fourth (a) (b) (c) Full Year Ended March 2019 Net revenues $ 2,788,146 $ 3,907,386 $ 3,940,159 $ 3,212,969 $ 13,848,660 Operating income 230,882 658,669 591,905 194,384 1,675,840 Income from continuing operations 159,953 507,121 463,126 128,804 1,259,004 Income from discontinued operations, net of tax 405 — 383 — 788 Net income $ 160,358 $ 507,121 $ 463,509 $ 128,804 $ 1,259,792 Earnings per common share - basic (g) Continuing operations $ 0.41 $ 1.28 $ 1.17 $ 0.33 $ 3.19 Discontinued operations — — — — — Total earnings per common share - basic $ 0.41 $ 1.28 $ 1.17 $ 0.33 $ 3.19 Earnings per common share - diluted (g) Continuing operations $ 0.40 $ 1.26 $ 1.16 $ 0.32 $ 3.14 Discontinued operations — — — — — Total earnings per common share - diluted $ 0.40 $ 1.26 $ 1.16 $ 0.32 $ 3.15 Dividends per common share $ 0.46 $ 0.46 $ 0.51 $ 0.51 $ 1.94 (In thousands, except per share amounts) First Second Third Fourth (d) (e) Full Year Ended December 2017 Net revenues $ 2,500,340 $ 2,268,620 $ 3,392,934 $ 3,649,283 $ 11,811,177 Operating income (f) 293,207 159,676 575,527 484,619 1,513,029 Income (loss) from continuing operations 213,276 107,092 473,820 (72,979 ) 721,209 Loss (income) from discontinued operations, net of tax (4,113 ) 2,797 (87,680 ) (17,290 ) (106,286 ) Net income $ 209,163 $ 109,889 $ 386,140 $ (90,269 ) $ 614,923 Earnings (loss) per common share - basic (g) Continuing operations $ 0.52 $ 0.27 $ 1.20 $ (0.18 ) $ 1.81 Discontinued operations (0.01 ) 0.01 (0.22 ) (0.04 ) (0.27 ) Total earnings (loss) per common share - basic $ 0.51 $ 0.28 $ 0.98 $ (0.23 ) $ 1.54 Earnings (loss) per common share - diluted (g) Continuing operations $ 0.51 $ 0.27 $ 1.19 $ (0.18 ) $ 1.79 Discontinued operations (0.01 ) 0.01 (0.22 ) (0.04 ) (0.26 ) Total earnings (loss) per common share - diluted $ 0.50 $ 0.27 $ 0.97 $ (0.23 ) $ 1.52 Dividends per common share $ 0.42 $ 0.42 $ 0.42 $ 0.46 $ 1.72 (a) VF recorded transaction and deal-related costs of $18.8 million ( $15.3 million after-tax), $53.2 million ( $45.5 million after-tax), $62.6 million ( $47.5 million after-tax) and $57.1 million ( $43.7 million after-tax) during the three months ended June 30, 2018, September 29, 2018, December 29, 2018 and March 30, 2019, respectively. Full year transaction and deal-related costs totaled $191.7 million ( $152.0 million after-tax). Transaction and deal-related costs include acquisition and integration costs related to the acquisitions of Williamson-Dickie, Icebreaker and Altra, and divestiture costs related to the sale of the Reef ® brand business. The costs also include separation and related expenses associated with the planned spin-off of the Jeans business and non-operating losses on sale related primarily to the divestitures of the Reef ® brand business and Van Moer business. (b) VF recorded relocation costs of $10.7 million ( $8.0 million after-tax), $6.0 million ( $4.4 million after-tax) and $30.7 million ( $22.9 million after-tax) during the three months ended September 29, 2018, December 29, 2018 and March 30, 2019, respectively. Full year relocation costs totaled $47.4 million ( $35.3 million after-tax). Relocation costs primarily include costs associated with the relocation of VF's global headquarters and certain brands to Denver, Colorado. (c) VF recorded costs related to strategic business decisions to cease operations in Argentina and planned business model changes in certain other countries in Central and South America, which totaled $30.5 million ( $30.5 million after-tax) during the three months ended March 30, 2019. (d) VF recorded transaction and deal-related costs of $15.6 million ( $13.6 million after-tax) during the fourth quarter of the year ended December 2017. (e) VF recorded a $465.5 million provisional tax charge during the fourth quarter of the year ended December 2017 related to the transitional impact of the Tax Act (Note 18). (f) In the first quarter of Fiscal 2019, VF adopted ASU 2017-07, "Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" and restated the prior periods to conform to current year presentation. Operating income increased and other income (expense), net decreased by $3.5 million , $1.6 million , $1.5 million and $3.3 million for the three months ended April 1, 2017, July, 1 2017, September 30, 2017 and December 30, 2017, respectively. Full year operating income increased and other income (expense), net decreased by $9.9 million . (g) Per share amounts are computed independently for each quarter presented using unrounded numbers. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding and rounding.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Mar. 30, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II — Valuation and Qualifying Accounts COL. A COL. B COL. C COL. D COL. E ADDITIONS Description Balance at Beginning of Period (1) Charged to Costs and Expenses (2) Charged to Other Accounts Deductions Balance at End of Period (In thousands) Year Ended March 2019 Allowance for doubtful accounts $ 24,993 $ 22,553 $ — $ 19,170 (a) $ 28,376 Valuation allowance for deferred income tax assets $ 226,269 — — 38,011 (b) $ 188,258 Three Months Ended March 2018 Allowance for doubtful accounts $ 26,266 2,659 — 3,932 (a) $ 24,993 Other accounts receivable allowances $ 208,995 465,413 — 478,453 (c) $ 195,955 Valuation allowance for deferred income tax assets $ 225,141 — 1,128 (d) — $ 226,269 Year Ended December 2017 Allowance for doubtful accounts $ 20,538 21,046 — 15,318 (a) $ 26,266 Other accounts receivable allowances $ 157,835 1,613,257 — 1,562,097 (c) $ 208,995 Valuation allowance for deferred income tax assets $ 114,990 — 110,151 (d) — $ 225,141 Year Ended December 2016 Allowance for doubtful accounts $ 22,990 16,684 — 19,136 (a) $ 20,538 Other accounts receivable allowances $ 161,745 1,482,855 — 1,486,765 (c) $ 157,835 Valuation allowance for deferred income tax assets $ 100,951 — 14,039 (d) — $ 114,990 (a) Deductions include accounts written off, net of recoveries, and the effects of foreign currency translation. (b) Deductions relate to changes in circumstances which increase the amount of deferred income tax assets that will, more likely than not, be realized, and the effects of foreign currency translation. (c) Deductions include discounts, markdowns and returns, and the effects of foreign currency translation. (d) Additions relate to circumstances where it is more likely than not that deferred income tax assets will not be realized and the effects of foreign currency translation.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements and related disclosures are presented in accordance with generally accepted accounting principles in the U.S (“GAAP”). The consolidated financial statements include the accounts of VF and its controlled subsidiaries, after elimination of intercompany transactions and balances. The Nautica ® brand business, the Licensing Business (which comprised the Licensed Sports Group and JanSport ® brand collegiate businesses), and the former Contemporary Brands segment have been reported as discontinued operations in our Consolidated Statements of Income, and the related held-for-sale assets and liabilities have been presented as assets and liabilities of discontinued operations in the Consolidated Balance Sheets, through their dates of disposal. These changes have been applied to all periods presented. Unless otherwise noted, discussion within these notes to the consolidated financial statements relates to continuing operations. Refer to Note 4 for additional information on discontinued operations.
Fiscal Year	Fiscal Year VF operates and reports using a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. VF previously used a 52/53 week fiscal year ending on the Saturday closest to December 31 of each year. VF's current fiscal year ran from April 1, 2018 through March 30, 2019 ("Fiscal 2019"). All references to the periods ended March 2019 , December 2017 and December 2016 relate to the 52-week fiscal years ended March 30, 2019 , December 30, 2017 and December 31, 2016 , respectively. All references to the period ended March 2018 relate to the 13-week transition period ended March 31, 2018. Certain foreign subsidiaries reported using a December 31 year-end for the years ended December 2017 and December 2016, and using a March 31 year-end for Fiscal 2019 due to local statutory requirements.
Use of Estimates	Use of Estimates In preparing the consolidated financial statements in accordance with GAAP, management makes estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates.
Foreign Currency Translation and Transaction	Foreign Currency Translation and Transaction The financial statements of most foreign subsidiaries are measured using the foreign currency as the functional currency. Assets and liabilities denominated in a foreign currency are translated into U.S. dollars using exchange rates in effect at the balance sheet date, and revenues and expenses are translated at average exchange rates during the period. Resulting translation gains and losses, and transaction gains and losses on long-term advances to foreign subsidiaries, are reported in other comprehensive income (loss) (“OCI”). Foreign currency transactions are denominated in a currency other than the functional currency of a particular entity. These transactions generally result in receivables or payables that are fixed in the foreign currency. Transaction gains or losses arise when exchange rate fluctuations either increase or decrease the functional currency cash flows from the originally recorded transaction. As discussed in Note 23, VF enters into derivative contracts to manage foreign currency risk on certain of these transactions. Foreign currency transaction gains and losses reported in the Consolidated Statements of Income, net of the related hedging losses and gains, were a loss of $15.5 million in the year ended March 2019 , a gain of $6.8 million in the three months ended March 2018 , a gain of $4.8 million in the year ended December 2017 and a loss of $9.7 million in the year ended December 2016 .
Cash and Equivalents	Cash and Equivalents Cash and equivalents are demand deposits, receivables from third-party credit card processors, and highly liquid investments that mature within three months of their purchase dates. Cash equivalents totaling $256.8 million , $192.8 million and $279.0 million at March 2019 , March 2018 and December 2017 , respectively, consist of money market funds and short-term time deposits.
Accounts Receivable	Accounts Receivable Upon adoption of the new revenue recognition accounting standard in Fiscal 2019 (see "Recently Adopted Accounting Standards" section below), trade accounts receivable are recorded at invoiced amounts, less contractual allowances for trade terms, sales incentive programs and discounts. Prior to the adoption of the new revenue recognition accounting standard, trade accounts receivable were recorded at invoiced amounts, less estimated allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks and returns as discussed below in the "Revenue Recognition" section. Royalty receivables are recorded at amounts earned based on the licensees’ sales of licensed products, subject in some cases to contractual minimum royalties due from individual licensees. VF maintains an allowance for doubtful accounts for estimated losses that will result from the inability of customers and licensees to make required payments. The allowance is determined based on review of specific customer accounts where collection is doubtful, as well as an assessment of the collectability of total receivables considering the aging of balances, historical and anticipated trends, and current economic conditions. All accounts are subject to ongoing review of ultimate collectability. Receivables are written off against the allowance when it is probable the amounts will not be recovered.
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out (“FIFO”) method and is net of discounts or rebates received from vendors.
Long-lived Assets, Including Intangible Assets and Goodwill	Long-lived Assets, Including Intangible Assets and Goodwill Property, plant and equipment, intangible assets and goodwill are initially recorded at cost. VF capitalizes improvements to property, plant and equipment that substantially extend the useful life of the asset, and interest cost incurred during construction of major assets. Assets under capital leases are recorded at the present value of minimum lease payments. Repair and maintenance costs are expensed as incurred. Cost for acquired intangible assets represents the fair value at acquisition date, which is generally based on the present value of expected cash flows. Trademark intangible assets represent individual acquired trademarks, some of which are registered in multiple countries. Customer relationship intangible assets are based on the value of relationships with wholesale customers in place at the time of acquisition. License intangible assets relate to VF's licensing contracts with customers. Goodwill represents the excess of cost of an acquired business over the fair value of net tangible assets and identifiable intangible assets acquired. Goodwill is assigned at the reporting unit level. Depreciation of property, plant and equipment is computed using the straight-line method over the estimated useful lives of the assets, ranging from 3 to 10 years for machinery and equipment and up to 40 years for buildings. Amortization expense for leasehold improvements and assets under capital leases is recognized over the shorter of their estimated useful lives or the lease terms, and is included in depreciation expense. Intangible assets determined to have indefinite lives, consisting of major trademarks and trade names, are not amortized. Other intangible assets, primarily customer relationships, license intangible assets and trademarks determined to have a finite life, are amortized over their estimated useful lives ranging from 3 to 24 years. Amortization of intangible assets is computed using straight-line or accelerated methods consistent with the timing of the expected benefits to be received. Depreciation and amortization expense related to producing or otherwise obtaining finished goods inventories is included in cost of goods sold, and other depreciation and amortization expense is included in selling, general and administrative expenses. VF’s policy is to review property, plant and equipment and amortizable intangible assets for possible impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. If forecasted undiscounted cash flows to be generated by the asset are not expected to recover the asset’s carrying value, an impairment charge is recorded for the excess of the asset’s carrying value over its estimated fair value. VF’s policy is to evaluate indefinite-lived intangible assets and goodwill for possible impairment as of the beginning of the fourth quarter of each year, or whenever events or changes in circumstances indicate that the fair value of such assets may be below their carrying amount. VF may first assess qualitative factors as a basis for determining whether it is necessary to perform quantitative impairment testing. If VF determines that it is not more likely than not that the fair value of an asset or reporting unit is less than its carrying value, then no further testing is required. Otherwise, the assets must be quantitatively tested for impairment. An indefinite-lived intangible asset is quantitatively evaluated for possible impairment by comparing the estimated fair value of the asset with its carrying value. An impairment charge is recorded if the carrying value of the asset exceeds its estimated fair value. Goodwill is quantitatively evaluated for possible impairment by comparing the estimated fair value of a reporting unit with its carrying value, including the goodwill assigned to that reporting unit. An impairment charge is recorded if the carrying value of the reporting unit exceeds its estimated fair value.
Derivative Financial Instruments	Derivative Financial Instruments Derivative financial instruments are measured at fair value in the Consolidated Balance Sheets. Unrealized gains and losses are recognized as assets and liabilities, respectively, and classified as current or noncurrent based on the derivatives’ maturity dates. The accounting for changes in the fair value of derivative instruments (i.e., gains and losses) depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. To qualify for hedge accounting treatment, all hedging relationships must be formally documented at the inception of the hedges and must be highly effective in offsetting changes to future cash flows of hedged transactions. VF’s hedging practices are described in Note 23. VF does not use derivative instruments for trading or speculative purposes. Hedging cash flows are classified in the Consolidated Statements of Cash Flows in the same category as the items being hedged. VF formally documents hedging instruments and hedging relationships at the inception of each contract. Further, at the inception of a contract and on an ongoing basis, VF assesses whether the hedging instruments are effective in offsetting the risk of the hedged transactions. Occasionally, a portion of a derivative instrument will be considered ineffective in hedging the originally identified exposure due to a decline in amount or a change in timing of the hedged exposure. In that case, hedge accounting treatment is discontinued for the ineffective portion of that hedging instrument, and any change in fair value for the ineffective portion is recognized in net income. VF also uses derivative contracts to manage foreign currency exchange risk on certain assets and liabilities, and to hedge the exposure on the foreign currency denominated purchase price of acquisitions. These contracts are not designated as hedges, and are measured at fair value in the Consolidated Balance Sheets with changes in fair value recognized directly in net income. The counterparties to the derivative contracts are financial institutions having at least A-rated investment grade credit ratings. To manage its credit risk, VF continually monitors the credit risks of its counterparties, limits its exposure in the aggregate and to any single counterparty, and adjusts its hedging positions as appropriate. The impact of VF’s credit risk and the credit risk of its counterparties, as well as the ability of each party to fulfill its obligations under the contracts, is considered in determining the fair value of the derivative contracts. Credit risk has not had a significant effect on the fair value of VF’s derivative contracts. VF does not have any credit risk-related contingent features or collateral requirements with its derivative contracts.
Revenue Recognition	Revenue Recognition As discussed in the "Recently Adopted Accounting Standards" section below, the Company adopted the new revenue recognition standard at the beginning of Fiscal 2019. Accordingly, revenue is recognized when performance obligations under the terms of a contract with the customer are satisfied based on the transfer of control of promised goods or services. The transfer of control typically occurs at a point in time based on consideration of when the customer has (i) an obligation to pay for, (ii) physical possession of, (iii) legal title to, (iv) risks and rewards of ownership of, and (v) accepted the goods or services. The timing of revenue recognition within the wholesale channel occurs either on shipment or delivery of goods based on contractual terms with the customer. The timing of revenue recognition in the direct-to-consumer channel generally occurs at the point of sale within VF-operated or concession retail stores and either on shipment or delivery of goods for e-commerce transactions based on contractual terms with the customer. For finished products shipped directly to customers from our suppliers, the Company's promise to the customer is a performance obligation to provide the specified goods, and thus the Company is the principal in the arrangement and revenue is recognized on a gross basis at the transaction price. For sourcing arrangements, the Company's promise to the customer is to arrange for certain goods, typically finished products, to be provided and thus the Company is acting as an agent and revenue is recognized on a net basis at the fee amount earned. The duration of contractual arrangements with our customers in the wholesale and direct-to-consumer channels is typically less than one year. Payment terms with wholesale customers are generally between 30 and 60 days while direct-to-consumer arrangements have shorter terms. The Company does not adjust the promised amount of consideration for the effects of a significant financing component as it is expected, at contract inception, that the period between the transfer of the promised good or service to the customer and the customer payment for the good or service will be one year or less. The amount of revenue recognized in both wholesale and direct-to-consumer channels reflects the expected consideration to be received for providing the goods or services to the customer, which includes estimates for variable consideration. Variable consideration includes allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks and product returns. Estimates of variable consideration are determined at contract inception and reassessed at each reporting date, at a minimum, to reflect any changes in facts and circumstances. The Company utilizes the expected value method in determining its estimates of variable consideration, based on evaluations of specific product and customer circumstances, historical and anticipated trends, and current economic conditions. Certain products sold by the Company include an assurance warranty. Product warranty costs are estimated based on historical and anticipated trends, and are recorded as cost of goods sold at the time revenue is recognized. Revenue from the sale of gift cards is deferred and recorded as a contract liability until the gift card is redeemed by the customer, factoring in breakage as appropriate. Various VF brands maintain customer loyalty programs where customers earn rewards from qualifying purchases or activities, which are redeemable for discounts on future purchases or other rewards. For its customer loyalty programs, the Company estimates the standalone selling price of the loyalty rewards and allocates a portion of the consideration for the sale of products to the loyalty points earned. The deferred amount is recorded as a contract liability, and is recognized as revenue when the points are redeemed or when the likelihood of redemption is remote. The Company has elected to treat all shipping and handling activities as fulfillment costs and recognize the costs as selling, general and administrative expenses at the time the related revenue is recognized. Shipping and handling costs billed to customers are included in net revenues. Sales taxes and value added taxes collected from customers and remitted directly to governmental authorities are excluded from the transaction price. The Company has licensing agreements for its symbolic intellectual property, most of which include minimum guaranteed royalties. Royalty income is recognized as earned over the respective license term based on the greater of minimum guarantees or the licensees' sales of licensed products at rates specified in the licensing contracts. Royalty income related to the minimum guarantees is recognized using a measure of progress with variable amounts recognized only when the cumulative earned royalty exceeds the minimum guarantees. As of March 2019 , the Company expects to recognize $109.4 million of fixed consideration related to the future minimum guarantees in effect under its licensing agreements and expects such amounts to be recognized over time through December 2024. The variable consideration is not disclosed as a remaining performance obligation as the licensing arrangements qualify for the sales-based royalty exemption. The Company has applied the practical expedient to recognize incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that otherwise would have been recognized is one year or less. For periods prior to the adoption of the new revenue recognition standard, revenue was recognized when (i) there was a contract or other arrangement of sale, (ii) the sales price was fixed or determinable, (iii) title and the risks of ownership had been transferred to the customer, and (iv) collection of the receivable was reasonably assured. Sales to wholesale customers were recognized when title and the risks and rewards of ownership had passed to the customer, based on the terms of sale. E-commerce sales were generally recognized when the product had been received by the customer. Sales at the Company-operated and concession retail stores were recognized at the time products were purchased by consumers. Revenue from the sale of gift cards was deferred until the gift card was redeemed by the customer or the Company determined that the likelihood of redemption was remote and that it did not have a legal obligation to remit the value of the unredeemed gift card to any jurisdiction under unclaimed property regulations. Various VF brands maintained customer loyalty programs where customers earned rewards from qualifying purchases or activities. VF recognized revenue when (i) rewards were redeemed by the customer, (ii) points or certificates expired, or (iii) a breakage factor was applied based on historical redemption patterns. Net revenues reflected adjustments for estimated allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks and returns. These allowances were estimated based on evaluations of specific product and customer circumstances, historical and anticipated trends and current economic conditions. Shipping and handling costs billed to customers were included in net revenues. Sales taxes and value added taxes collected from customers and remitted directly to governmental authorities were excluded from net revenues. Royalty income was recognized as earned based on the greater of the licensees’ sale of licensed products at rates specified in the licensing contracts or contractual minimum royalty levels.
Cost of Goods Sold	Cost of Goods Sold Cost of goods sold for VF-manufactured goods includes all materials, labor and overhead costs incurred in the production process. Cost of goods sold for purchased finished goods includes the purchase costs and related overhead. In both cases, overhead includes all costs related to manufacturing or purchasing finished goods, including costs of planning, purchasing, quality control, depreciation, freight, duties, royalties paid to third parties and shrinkage. For product lines with a warranty, a provision for estimated future repair or replacement costs, based on historical and anticipated trends, is recorded when these products are sold.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses include costs of product development, selling, marketing and advertising, VF-operated retail stores, concession retail stores, warehousing, distribution, shipping and handling, licensing and administration. Advertising costs are expensed as incurred and totaled $845.7 million in the year ended March 2019 , $185.7 million in the three months ended March 2018 , $715.9 million in the year ended December 2017 and $637.6 million in the year ended December 2016 . Advertising costs include cooperative advertising payments made to VF’s customers as reimbursement for certain costs of advertising VF’s products, which totaled $29.5 million in the year ended March 2019 , $7.1 million in the three months ended March 2018 , $44.6 million in the year ended December 2017 and $51.8 million in the year ended December 2016 . Shipping and handling costs for delivery of products to customers totaled $484.9 million in the year ended March 2019 , $96.1 million in the three months ended March 2018 , $349.1 million in the year ended December 2017 and $307.3 million in the year ended December 2016 . Expenses related to royalty income, including amortization of licensed intangible assets, were $3.6 million in the year ended March 2019 , $0.9 million in the three months ended March 2018 , $4.2 million in the year ended December 2017 and $4.5 million in the year ended December 2016 .
Rent Expense	Rent Expense VF enters into noncancelable operating leases for retail stores, office space, distribution facilities and equipment. Leases for real estate typically have initial terms ranging from 3 to 15 years, generally with renewal options. Leases for equipment typically have initial terms ranging from 2 to 5 years. Most leases have fixed rentals, with many of the real estate leases requiring additional payments for real estate taxes and occupancy-related costs. Contingent rent expense, owed when sales at individual retail store locations exceed a stated base amount, is recognized when the liability is probable. Rent expense for leases having rent holidays, landlord incentives or scheduled rent increases is recorded on a straight-line basis over the lease term beginning with the earlier of the lease commencement date or the date VF takes possession or control of the leased premises. The amount of the excess straight-line rent expense over scheduled payments is recorded as a deferred liability.
Self-insurance	Self-insurance VF is self-insured for a significant portion of its employee medical, workers’ compensation, vehicle, property and general liability exposures. Liabilities for self-insured exposures are accrued at the present value of amounts expected to be paid based on historical claims experience and actuarial data for forecasted settlements of claims filed and for incurred but not yet reported claims. Accruals for self-insured exposures are included in current and noncurrent liabilities based on the expected periods of payment. Excess liability insurance has been purchased to limit the amount of self-insured risk on claims.
Income Taxes	Income Taxes Income taxes are provided on pre-tax income for financial reporting purposes. Income taxes are based on amounts of taxes payable or refundable in the current year and on expected future tax consequences of events that are recognized in the consolidated financial statements in different periods than they are recognized in tax returns. As a result of timing of recognition and measurement differences between financial accounting standards and income tax laws, temporary differences arise between amounts of pretax financial statement income and taxable income, and between reported amounts of assets and liabilities in the Consolidated Balance Sheets and their respective tax bases. Deferred income tax assets and liabilities reported in the Consolidated Balance Sheets reflect the estimated future tax impact of these temporary differences and net operating loss and net capital loss carryforwards, based on tax rates currently enacted for the years in which the differences are expected to be settled or realized. Realization of deferred tax assets is dependent on future taxable income in specific jurisdictions. Valuation allowances are used to reduce deferred tax assets to amounts considered more likely than not to be realized. Accrued income taxes in the Consolidated Balance Sheets include unrecognized income tax benefits, along with related interest and penalties, appropriately classified as current or noncurrent. All deferred tax assets and liabilities are classified as noncurrent in the Consolidated Balance Sheets. The provision for income taxes also includes estimated interest and penalties related to uncertain tax positions.
Earnings Per Share	Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted average number of shares of Common Stock outstanding during the period. Diluted earnings per share assumes conversion of potentially dilutive securities such as stock options, restricted stock and restricted stock units.
Concentration of Risks	Concentration of Risks VF markets products to a broad customer base throughout the world. Products are sold at a range of price points through multiple wholesale and direct-to-consumer channels. VF’s ten largest customers, all U.S.-based retailers, accounted for 19% of Fiscal 2019 total revenues. Sales to VF’s largest customer accounted for 8% of Fiscal 2019 total revenues, the majority of which were derived from the Jeans segment. Sales are generally made on an unsecured basis under customary terms that may vary by product, channel of distribution or geographic region. VF continuously monitors the creditworthiness of its customers and has established internal policies regarding customer credit limits. The breadth of product offerings, combined with the large number and geographic diversity of its customers, limits VF’s concentration of risks.
Legal and Other Contingencies	Legal and Other Contingencies Management periodically assesses liabilities and contingencies in connection with legal proceedings and other claims that may arise from time to time. When it is probable that a loss has been or will be incurred, an estimate of the loss is recorded in the consolidated financial statements. Estimates of losses are adjusted when additional information becomes available or circumstances change. A contingent liability is disclosed when there is at least a reasonable possibility that a material loss may have been incurred. Management believes that the outcome of any outstanding or pending matters, individually and in the aggregate, will not have a material adverse effect on the consolidated financial statements.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform with the Fiscal 2019 presentation, as discussed below in the "Recently Adopted Accounting Standards" section.
Recently Adopted Accounting Standards and Recently Issued Accounting Standards	ted Accounting Standards In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers (Topic 606)" , a new accounting standard on revenue recognition that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. The FASB subsequently issued updates to the standard to provide additional clarification on specific topics. Collectively, the guidance is referred to as FASB Accounting Standards Codification Topic 606 ("ASC 606"). The standard prescribes a five-step approach to revenue recognition: (1) identify the contracts with the customer; (2) identify the separate performance obligations in the contracts; (3) determine the transaction price; (4) allocate the transaction price to separate performance obligations; and (5) recognize revenue when, or as, each performance obligation is satisfied. The standard also requires additional disclosure regarding the nature, amount, timing and uncertainty of revenues and cash flows arising from contracts with customers. The Company adopted this standard on April 1, 2018, utilizing the modified retrospective method and applying this approach to contracts not completed as of that date. The cumulative effect of initially applying the new standard has been recognized in retained earnings. Comparative prior period information has not been restated and continues to be reported under accounting standards in effect for those periods. The adoption of ASC 606 resulted in a net increase of $2.0 million in the retained earnings line item of the Consolidated Balance Sheet as of April 1, 2018. The cumulative effect adjustment relates primarily to (i) recognition of revenues for certain wholesale and e-commerce transactions at shipment rather than upon delivery to the customer based on our evaluation of the transfer of control of the goods, (ii) discontinued capitalization of certain costs related to ongoing customer arrangements, and (iii) adjustments to the timing of recognition for certain royalty amounts. Other effects of the adoption include presentation of allowances for sales incentive programs, discounts, markdowns, chargebacks, and returns as refund liabilities rather than as a reduction to accounts receivable and presentation of the right of return asset within other current assets rather than as a component of inventory in the Consolidated Balance Sheet. Additionally, sourcing fees received from customers and advertising contributions from licensees that had previously been reported as an offset to costs or expenses are now reported as revenue in the Consolidated Statements of Income. Refer to Note 2 for additional revenue disclosures. The following tables compare amounts reported in accordance with the requirements of ASC 606 to the amounts that would have been reported had the new standard not been applied: Condensed Consolidated Balance Sheet March 2019 (In thousands) As Reported Impact of Adoption Balances without Adoption of ASC 606 ASSETS Cash and equivalents $ 543,011 $ — $ 543,011 Accounts receivable, net 1,708,796 (207,941 ) 1,500,855 Inventories 1,943,030 58,998 2,002,028 Other current assets 478,620 (55,668 ) 422,952 Total current assets 4,673,457 (204,611 ) 4,468,846 Property, plant and equipment, net 1,057,268 — 1,057,268 Goodwill and intangible assets, net 3,779,161 — 3,779,161 Other assets 846,899 689 847,588 TOTAL ASSETS $ 10,356,785 $ (203,922 ) $ 10,152,863 LIABILITIES AND STOCKHOLDERS' EQUITY Short-term borrowings and current portion of long-term debt $ 670,318 $ — $ 670,318 Accounts payable 694,733 11,605 706,338 Accrued liabilities 1,296,553 (207,191 ) 1,089,362 Total current liabilities 2,661,604 (195,586 ) 2,466,018 Long-term debt 2,115,884 — 2,115,884 Other liabilities 1,280,781 (1,073 ) 1,279,708 Total liabilities 6,058,269 (196,659 ) 5,861,610 Total stockholders' equity 4,298,516 (7,263 ) 4,291,253 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,356,785 $ (203,922 ) $ 10,152,863 Condensed Consolidated Statements of Income Year Ended March 2019 (In thousands) As Reported Impact of Adoption Balances without Adoption of ASC 606 Net revenues $ 13,848,660 $ 1,336 $ 13,849,996 Cost of goods sold 6,827,481 (16,056 ) 6,811,425 Selling, general and administrative expenses 5,345,339 19,641 5,364,980 Total costs and operating expenses 12,172,820 3,585 12,176,405 Operating income 1,675,840 (2,249 ) 1,673,591 Interest income (expense) and other income (expense), net (148,436 ) — (148,436 ) Income from continuing operations before income taxes 1,527,404 (2,249 ) 1,525,155 Income taxes 268,400 (398 ) 268,002 Income from continuing operations 1,259,004 (1,851 ) 1,257,153 Income (loss) from discontinued operations, net of tax 788 (3,456 ) (2,668 ) Net income $ 1,259,792 $ (5,307 ) $ 1,254,485 Condensed Consolidated Statement of Cash Flows - Operating Activities Year Ended March 2019 (In thousands) As Reported Impact of Adoption Activities without Adoption of ASC 606 OPERATING ACTIVITIES Net income $ 1,259,792 $ (5,307 ) $ 1,254,485 Adjustments to reconcile net income to cash provided by operating activities: Depreciation and amortization 301,005 (162 ) 300,843 Other adjustments, net 59,609 3,193 62,802 Changes in operating assets and liabilities: Accounts receivable (373,012 ) 198,349 (174,663 ) Inventories (135,099 ) (53,427 ) (188,526 ) Accounts payable 111,678 11,605 123,283 Income taxes (19,974 ) (398 ) (20,372 ) Accrued liabilities 484,858 (207,158 ) 277,700 Other assets and liabilities (24,634 ) 53,305 28,671 Cash provided by operating activities $ 1,664,223 $ — $ 1,664,223 There was no impact to investing or financing activities within the Consolidated Statement of Cash Flows as a result of the adoption of ASC 606. In January 2016, the FASB issued ASU No. 2016-01, "Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities" , an update to the accounting guidance related to the recognition and measurement of certain financial instruments. This guidance affects the accounting for equity investments, financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. This guidance became effective for VF in the first quarter of Fiscal 2019, but did not impact VF's consolidated financial statements. The FASB has subsequently issued an update to clarify the previous guidance. The amendments in this updated guidance became effective for VF in the second quarter of Fiscal 2019, but did not impact VF's consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-04, "Liabilities—Extinguishments of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products" , an update to the accounting guidance on extinguishments of financial liabilities that exempts prepaid stored-value products, or gift cards, from the existing guidance. The updated guidance requires that financial liabilities related to prepaid stored-value products be subject to breakage accounting, consistent with ASC 606. This guidance became effective for VF in the first quarter of Fiscal 2019, but did not impact VF’s consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, " Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments" , an update to the accounting guidance that addresses how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This guidance became effective for VF in the first quarter of Fiscal 2019 but did not impact VF’s Consolidated Statements of Cash Flows. In October 2016, the FASB issued ASU No. 2016-16, " Income Tax (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory ", an update to their accounting guidance on the recognition of current and deferred income taxes for intra-entity asset transfers. The new guidance requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The Company early adopted this guidance in the first quarter of 2017 using the modified retrospective method, which resulted in a cumulative adjustment to retained earnings as of the beginning of the period of adoption. The cumulative adjustment to the January 1, 2017 Consolidated Balance Sheet was a reduction in both the other assets and retained earnings line items of $237.8 million . During the three months ended March 2018, the Company identified an error in the amounts originally recorded when adopting ASU 2016-16 due to the use of an inaccurate tax rate when establishing the deferred tax asset in a certain jurisdiction. The Company recorded the out-of-period correction of $15.5 million to other assets in the Consolidated Balance Sheets and retained earnings in the Consolidated Statements of Stockholders' Equity. The adjustment had no impact on the Consolidated Statements of Income and did not have a material impact on the Consolidated Balance Sheets or Consolidated Statements of Stockholders’ Equity for any period presented. In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business" , an update that provides a more narrow framework to be used in evaluating whether a set of assets and activities constitutes a business. This guidance became effective for VF in the first quarter of Fiscal 2019 and was applied when accounting for the acquisitions completed subsequent to the adoption date, but did not impact our conclusions on whether they were a business. Refer to Note 3 for further information related to acquisitions. In March 2017, the FASB issued ASU No. 2017-07, "Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" , an update which requires employers to disaggregate the service cost component from other components of net periodic benefit costs. The standard requires employers to report the service cost component in the same line item as other compensation costs and to report the other components of net periodic benefit costs (which include interest cost, expected return on plan assets, amortization of prior service costs or credits and deferred actuarial gains and losses) separately and outside of operating income. The update specifies that only the service cost component is eligible for capitalization, which is consistent with VF’s current practice. The presentation change in the Consolidated Statements of Income requires application on a retrospective basis. The ASU was adopted by the Company on April 1, 2018, and as a result, operating income decreased and other income (expense), net increased by $1.3 million for the three months ended March 2018 and operating income increased and other income (expense), net decreased by $9.9 million and $87.2 million in the the years ended December 2017 and December 2016, respectively. VF applied the practical expedient permitted under the guidance which allows entities to use information previously disclosed in the pension and other post-retirement benefit plans footnote as the basis to apply the retrospective presentation requirements. Refer to pension disclosure in Note 15. In May 2017, the FASB issued ASU No. 2017-09, " Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting" , an update that amends the scope of modification accounting for share-based payment arrangements. This update provides guidance on the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting. This guidance became effective for VF beginning in the first quarter of Fiscal 2019, but did not impact VF’s consolidated financial statements. In January 2018, the FASB released guidance on the accounting for tax on the global intangible low-taxed income ("GILTI") provisions of the Tax Cuts and Jobs Act ("Tax Act"). The GILTI provisions impose a tax on foreign income in excess of a deemed return on tangible assets of foreign corporations. The guidance indicates that companies must make a policy decision to either record deferred taxes related to GILTI inclusions or treat any taxes on GILTI inclusions as period costs. The Company has completed its analysis related to this accounting policy election and has determined it will treat the taxes resulting from GILTI as a current-period expense, which is consistent with the treatment prior to the accounting policy election. In March 2018, the FASB issued ASU No. 2018-05, "Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118", which allowed the Company to record provisional amounts in earnings for the year ended December 30, 2017 due to the complexities involved in accounting for the enactment of the Tax Act. The Company recognized the estimated income tax effects of the Tax Act in its 2017 consolidated financial statements in accordance with Securities and Exchange Commission ("SEC") Staff Accounting Bulletin No. 118 ("SAB 118") and recorded revisions of our provisional estimate during the three months ended March 2018 and during the year ended March 2019. VF finalized its accounting for the impact of the Tax Act during the three months ended December 2018. Refer to Note 18 for more information regarding the amounts recorded. Recently Issued Accounting Standards In February 2016, the FASB issued ASU No. 2016-02, “ Leases (Topic 842) ” , a new accounting standard on leasing. The FASB has subsequently issued updates to the standard to provide additional clarification on specific topics, including permitted transition methods. This new standard will require companies to record most leased assets and liabilities on the balance sheets, and also retains a dual model approach for assessing lease classification and recognizing expense. The new standard provides a number of optional practical expedients for transition. The Company will elect the package of practical expedients that must be taken together that allows entities to (i) not reassess whether existing contracts contain leases, (ii) carryforward the existing lease classification, and (iii) not reassess initial direct costs associated with existing leases. The Company will also elect the land easement expedient that allows entities to not evaluate land easements under the new standard at adoption if they were not previously accounted for as leases, and the expedient that allows entities to not separate lease and non-lease components for specified asset classes. Further, the Company will elect a short-term lease exception policy that permits not applying the recognition requirements of the standard to leases with terms of 12 months or less. A cross functional implementation team has completed its impact analysis and expects the standard to have a material impact on the Consolidated Balance Sheets related to the recognition of right-of-use assets and lease liabilities primarily for the Company’s operating leases for real estate space. Refer to Note 20 for disclosure of future minimum lease payments under these arrangements as of March 2019. The Company does not expect the standard to have a material impact on the Consolidated Statements of Income. The Company will adopt the new standard as of the beginning of the year ending March 28, 2020 (“Fiscal 2020”) utilizing the modified retrospective method and will recognize in equity the immaterial cumulative effect of initially applying the new standard. The effective date of the standard will be used as the date of initial application and comparative prior period financial information will not be restated. In June 2016, the FASB issued ASU No. 2016-13, "Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" , which requires entities to use a forward-looking approach based on expected losses to estimate credit losses on certain types of financial instruments, including trade receivables. The FASB has subsequently issued updates to the standard to provide additional clarification on specific topics. This guidance will be effective for VF in the first quarter of the year ended April 3, 2021 ("Fiscal 2021") with early adoption permitted. The Company is evaluating the impact that adopting this guidance will have on VF’s consolidated financial statements. In August 2017, the FASB issued ASU No. 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities" , an update that amends and simplifies certain aspects of hedge accounting rules to better portray the economic results of risk management activities in the financial statements. The FASB has subsequently issued updates to the standard to provide additional guidance on specific topics. This guidance will be effective for VF in the first quarter of Fiscal 2020. The Company does not expect the adoption of this guidance to have a material impact on VF's consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, " Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income ", an update that addresses the effect of the change in the U.S. federal corporate income tax rate due to the enactment of the Tax Act on items within accumulated other comprehensive income (loss). The guidance will be effective for VF in the first quarter of Fiscal 2020 with early adoption permitted. The Company will elect to reclassify the income tax effects of the Tax Act on items within accumulated other comprehensive income (loss) of $61.9 million to retained earnings and provide related disclosures when the guidance is adopted during the first quarter of Fiscal 2020. In June 2018, the FASB issued ASU No. 2018-07, "Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting" , an update that expands the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The guidance will be effective for VF in the first quarter of Fiscal 2020. The Company does not expect the adoption of this guidance to have a material impact on VF's consolidated financial statements. In July 2018, the FASB issued ASU No. 2018-09, "Codification Improvements" , an update that provides technical corrections, clarifications and other improvements across a variety of accounting topics. The transition and effective date guidance is based on the facts and circumstances of each update; however, many of them will be effective for VF in the first quarter of Fiscal 2020. The Company does not expect the adoption of this guidance to have a material impact on VF's consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, "Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement" , an update that modifies the disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The guidance will be effective for VF in the first quarter of Fiscal 2021 with early adoption permitted. The Company is evaluating the impact that adopting this guidance will have on VF's disclosures. In August 2018, the FASB issued ASU No. 2018-14, "Compensation— Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans" , an update that modifies the disclosure requirements for employers who sponsor defined benefit pension or other postretirement plans. The guidance will be effective for VF in the first quarter of Fiscal 2021 with early adoption permitted. The Company is evaluating the impact that adopting this guidance will have on VF's disclosures. In August 2018, the FASB issued ASU No. 2018-15, "Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract" , an update that aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The guidance will be effective for VF in the first quarter of Fiscal 2021 with early adoption permitted. The Company is evaluating the impact that adopting this guidance will have on VF's consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The following tables compare amounts reported in accordance with the requirements of ASC 606 to the amounts that would have been reported had the new standard not been applied: Condensed Consolidated Balance Sheet March 2019 (In thousands) As Reported Impact of Adoption Balances without Adoption of ASC 606 ASSETS Cash and equivalents $ 543,011 $ — $ 543,011 Accounts receivable, net 1,708,796 (207,941 ) 1,500,855 Inventories 1,943,030 58,998 2,002,028 Other current assets 478,620 (55,668 ) 422,952 Total current assets 4,673,457 (204,611 ) 4,468,846 Property, plant and equipment, net 1,057,268 — 1,057,268 Goodwill and intangible assets, net 3,779,161 — 3,779,161 Other assets 846,899 689 847,588 TOTAL ASSETS $ 10,356,785 $ (203,922 ) $ 10,152,863 LIABILITIES AND STOCKHOLDERS' EQUITY Short-term borrowings and current portion of long-term debt $ 670,318 $ — $ 670,318 Accounts payable 694,733 11,605 706,338 Accrued liabilities 1,296,553 (207,191 ) 1,089,362 Total current liabilities 2,661,604 (195,586 ) 2,466,018 Long-term debt 2,115,884 — 2,115,884 Other liabilities 1,280,781 (1,073 ) 1,279,708 Total liabilities 6,058,269 (196,659 ) 5,861,610 Total stockholders' equity 4,298,516 (7,263 ) 4,291,253 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,356,785 $ (203,922 ) $ 10,152,863 Condensed Consolidated Statements of Income Year Ended March 2019 (In thousands) As Reported Impact of Adoption Balances without Adoption of ASC 606 Net revenues $ 13,848,660 $ 1,336 $ 13,849,996 Cost of goods sold 6,827,481 (16,056 ) 6,811,425 Selling, general and administrative expenses 5,345,339 19,641 5,364,980 Total costs and operating expenses 12,172,820 3,585 12,176,405 Operating income 1,675,840 (2,249 ) 1,673,591 Interest income (expense) and other income (expense), net (148,436 ) — (148,436 ) Income from continuing operations before income taxes 1,527,404 (2,249 ) 1,525,155 Income taxes 268,400 (398 ) 268,002 Income from continuing operations 1,259,004 (1,851 ) 1,257,153 Income (loss) from discontinued operations, net of tax 788 (3,456 ) (2,668 ) Net income $ 1,259,792 $ (5,307 ) $ 1,254,485 Condensed Consolidated Statement of Cash Flows - Operating Activities Year Ended March 2019 (In thousands) As Reported Impact of Adoption Activities without Adoption of ASC 606 OPERATING ACTIVITIES Net income $ 1,259,792 $ (5,307 ) $ 1,254,485 Adjustments to reconcile net income to cash provided by operating activities: Depreciation and amortization 301,005 (162 ) 300,843 Other adjustments, net 59,609 3,193 62,802 Changes in operating assets and liabilities: Accounts receivable (373,012 ) 198,349 (174,663 ) Inventories (135,099 ) (53,427 ) (188,526 ) Accounts payable 111,678 11,605 123,283 Income taxes (19,974 ) (398 ) (20,372 ) Accrued liabilities 484,858 (207,158 ) 277,700 Other assets and liabilities (24,634 ) 53,305 28,671 Cash provided by operating activities $ 1,664,223 $ — $ 1,664,223 There was no impact to investing or financing activities within the Consolidated Statement of Cash Flows as a result of the adoption of ASC 606.

REVENUES (Tables)

REVENUES (Tables)	12 Months Ended
	Mar. 30, 2019
Revenue from Contract with Customer [Abstract]
Accounts Receivable, Contract Assets and Contract Liabilities	The following table provides information about accounts receivable, contract assets and contract liabilities: (In thousands) March 2019 At Adoption - April 1, 2018 (a) Accounts receivable, net $ 1,708,796 $ 1,408,587 Contract assets (b) 4,499 2,600 Contract liabilities (c) 32,175 28,252 (a) The Company adopted ASC 606 on April 1, 2018. Refer to Note 1 for additional information. (b) Included in the other current assets line item in the Consolidated Balance Sheets. (c) Included in the accrued liabilities and other liabilities line items in the Consolidated Balance Sheets.
Disaggregation of Revenue	The following table shows disaggregation of our revenues by channel and geography, which provides a meaningful depiction of how the nature, timing and uncertainty of revenues are affected by economic factors. The wholesale channel includes fees generated from sourcing activities as the customers and point-in-time revenue recognition are similar to other wholesale arrangements. As discussed in Note 1, we adopted the guidance in ASC 606 effective April 1, 2018 using the modified retrospective method of adoption. As a result, revenue reported for the three months ended March 2018 and years ended December 2017 and 2016 have not been presented. Year ended March 2019 (In thousands) Outdoor Active Work Jeans Other Total Channel revenues Wholesale $ 2,865,630 $ 2,460,692 $ 1,678,473 $ 2,169,088 $ 22,343 $ 9,196,226 Direct-to-consumer 1,770,580 2,234,053 160,970 289,196 101,715 4,556,514 Royalty 12,814 27,047 22,574 33,485 — 95,920 Total $ 4,649,024 $ 4,721,792 $ 1,862,017 $ 2,491,769 $ 124,058 $ 13,848,660 Geographic revenues United States $ 2,246,706 $ 2,499,393 $ 1,492,548 $ 1,763,575 $ 124,058 $ 8,126,280 International 2,402,318 2,222,399 369,469 728,194 — 5,722,380 Total $ 4,649,024 $ 4,721,792 $ 1,862,017 $ 2,491,769 $ 124,058 $ 13,848,660

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Mar. 30, 2019
Business Combinations [Abstract]
Assets and Liabilities Acquired	The following table summarizes the estimated fair values of the Williamson-Dickie assets acquired and liabilities assumed at the date of acquisition: (In thousands) October 2, 2017 Cash and equivalents $ 60,172 Accounts receivable 146,403 Inventories 251,778 Other current assets 8,447 Property, plant and equipment 105,119 Intangible assets 397,755 Other assets 9,665 Total assets acquired 979,339 Short-term borrowings 17,565 Accounts payable 88,052 Other current liabilities 109,964 Deferred income tax liabilities 15,160 Other noncurrent liabilities 33,066 Total liabilities assumed 263,807 Net assets acquired 715,532 Goodwill 82,863 Purchase price $ 798,395 The following table summarizes the estimated fair values of the Altra assets acquired and liabilities assumed at the date of acquisition: (In thousands) June 1, 2018 Accounts receivable $ 11,629 Inventories 9,310 Other current assets 575 Property, plant and equipment 1,107 Intangible assets 59,700 Total assets acquired 82,321 Accounts payable 5,068 Other current liabilities 7,415 Total liabilities assumed 12,483 Net assets acquired 69,838 Goodwill 61,719 Purchase price $ 131,557 The following table summarizes the estimated fair values of the Icebreaker assets acquired and liabilities assumed at the date of acquisition: (In thousands) April 3, 2018 Cash and equivalents $ 6,444 Accounts receivable 16,781 Inventories 31,728 Other current assets 3,931 Property, plant and equipment 3,858 Intangible assets 98,041 Other assets 4,758 Total assets acquired 165,541 Short-term borrowings 7,235 Accounts payable 2,075 Other current liabilities 21,262 Deferred income tax liabilities 26,870 Other noncurrent liabilities 433 Total liabilities assumed 57,875 Net assets acquired 107,666 Goodwill 89,943 Purchase price $ 197,609
Pro Forma Results	The following unaudited pro forma summary presents consolidated information of VF as if the acquisition of Williamson-Dickie had occurred on January 3, 2016: (In thousands, except per share amounts) Year Ended December 2017 (unaudited) Year Ended December 2016 (unaudited) Total revenues $ 12,475,116 $ 11,888,704 Income from continuing operations 763,563 1,097,572 Earnings per common share from continuing operations Basic $ 1.91 $ 2.64 Diluted 1.89 2.60

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Mar. 30, 2019
Receivables [Abstract]
Accounts Receivable	(In thousands) March 2019 March 2018 December 2017 Trade $ 1,625,495 $ 1,347,896 $ 1,365,321 Royalty and other 111,677 85,684 90,931 Total accounts receivable 1,737,172 1,433,580 1,456,252 Less allowance for doubtful accounts 28,376 24,993 26,266 Accounts receivable, net $ 1,708,796 $ 1,408,587 $ 1,429,986

DISCONTINUED OPERATIONS AND O_2

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)	12 Months Ended
	Mar. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations Presented in Financial Statements	The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented. (In thousands) March 2019 March 2018 December 2017 Cash $ — $ 2,330 $ 2,592 Accounts receivable, net — 26,298 27,941 Inventories — 55,610 43,297 Other current assets — 1,247 2,497 Property, plant and equipment, net — 15,021 14,914 Intangible assets — 262,202 262,352 Goodwill — 49,005 49,005 Other assets — 3,961 3,631 Allowance to reduce assets to estimated fair value, less costs to sell — (42,094 ) (25,529 ) Total assets of discontinued operations $ — $ 373,580 $ 380,700 Accounts payable $ — $ 11,619 $ 16,993 Accrued liabilities — 10,658 18,203 Other liabilities — 11,912 12,011 Deferred income tax liabilities (a) — 51,838 53,812 Total liabilities of discontinued operations $ — $ 86,027 $ 101,019 (a) Deferred income tax balances reflect VF's consolidated netting by jurisdiction. The following table summarizes depreciation and amortization, capital expenditures and the significant operating noncash items from discontinued operations for the years ended December 2017 and 2016: Year Ended December (In thousands) 2017 2016 Depreciation and amortization $ 14,023 $ 27,360 Capital expenditures 2,592 4,795 Impairment of goodwill 104,651 — The following table summarizes the major line items included for the Nautica ® brand business, the Licensing Business and the former Contemporary Brands segment that are included in the income (loss) from discontinued operations, net of tax line item in the Consolidated Statements of Income: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Net revenues $ 21,913 $ 94,362 $ 588,383 $ 1,180,677 Cost of goods sold 14,706 48,946 349,382 691,715 Selling, general and administrative expenses 12,391 34,649 191,898 354,773 Impairment of goodwill — — 104,651 — Interest expense, net — — (27 ) (199 ) Other income, net 272 — 6 2 (Loss) income from discontinued operations before income taxes (4,912 ) 10,767 (57,569 ) 133,992 Gain (loss) on the sale of discontinued operations before income taxes 4,589 (18,065 ) (34,019 ) (154,275 ) Total loss from discontinued operations before income taxes (323 ) (7,298 ) (91,588 ) (20,283 ) Income tax benefit (expense) (a) 1,111 (1,073 ) (14,698 ) 15,535 Income (loss) from discontinued operations, net of tax $ 788 $ (8,371 ) $ (106,286 ) $ (4,748 ) (a) Income tax expense for the year ended December 2017 was impacted by $8.6 million of tax expense related to GAAP and tax basis differences for the LSG business. Additionally, the goodwill impairment charge and estimated loss on sale related to the Nautica ® brand business for the year ended December 2017 were nondeductible for income tax purposes.

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Mar. 30, 2019
Inventory Disclosure [Abstract]
Inventories	(In thousands) March 2019 March 2018 December 2017 Finished products $ 1,711,264 $ 1,654,137 $ 1,490,788 Work-in-process 114,356 103,757 110,467 Raw materials 117,410 103,547 105,354 Total inventories $ 1,943,030 $ 1,861,441 $ 1,706,609

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Mar. 30, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	(In thousands) March 2019 March 2018 December 2017 Land and improvements $ 100,715 $ 103,158 $ 104,257 Buildings and improvements 1,113,917 1,076,091 1,070,884 Machinery and equipment 1,377,306 1,295,186 1,314,382 Property, plant and equipment, at cost 2,591,938 2,474,435 2,489,523 Less accumulated depreciation and amortization 1,534,670 1,462,818 1,474,885 Property, plant and equipment, net $ 1,057,268 $ 1,011,617 $ 1,014,638

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Indefinite Lived Intangible Assets	(In thousands) Weighted Amortization Cost Accumulated Net March 2019 Amortizable intangible assets: Customer relationships 17 years Accelerated $ 341,625 $ 143,433 $ 198,192 License agreements 19 years Accelerated 7,536 4,729 2,807 Trademarks 16 years Straight-line 58,932 12,209 46,723 Other 8 years Straight-line 8,202 4,170 4,032 Amortizable intangible assets, net 251,754 Indefinite-lived intangible assets: Trademarks and trade names 1,772,523 Intangible assets, net $ 2,024,277 (In thousands) Weighted Amortization Cost Accumulated Net March 2018 Amortizable intangible assets: Customer relationships 18 years Accelerated $ 344,613 $ 143,069 $ 201,544 License agreements 20 years Accelerated 20,171 13,915 6,256 Trademarks 16 years Straight-line 58,932 8,309 50,623 Other 9 years Straight-line 9,194 4,024 5,170 Amortizable intangible assets, net 263,593 Indefinite-lived intangible assets: Trademarks and trade names 1,856,517 Intangible assets, net $ 2,120,110 (In thousands) Weighted Amortization Cost Accumulated Net December 2017 Amortizable intangible assets: Customer relationships 18 years Accelerated $ 338,209 $ 133,994 $ 204,215 License agreements 20 years Accelerated 19,996 13,660 6,336 Trademarks 16 years Straight-line 58,932 7,333 51,599 Other 9 years Straight-line 9,001 3,648 5,353 Amortizable intangible assets, net 267,503 Indefinite-lived intangible assets: Trademarks and trade names 1,822,278 Intangible assets, net $ 2,089,781
Finite Lived Intangible Assets	(In thousands) Weighted Amortization Cost Accumulated Net March 2019 Amortizable intangible assets: Customer relationships 17 years Accelerated $ 341,625 $ 143,433 $ 198,192 License agreements 19 years Accelerated 7,536 4,729 2,807 Trademarks 16 years Straight-line 58,932 12,209 46,723 Other 8 years Straight-line 8,202 4,170 4,032 Amortizable intangible assets, net 251,754 Indefinite-lived intangible assets: Trademarks and trade names 1,772,523 Intangible assets, net $ 2,024,277 (In thousands) Weighted Amortization Cost Accumulated Net March 2018 Amortizable intangible assets: Customer relationships 18 years Accelerated $ 344,613 $ 143,069 $ 201,544 License agreements 20 years Accelerated 20,171 13,915 6,256 Trademarks 16 years Straight-line 58,932 8,309 50,623 Other 9 years Straight-line 9,194 4,024 5,170 Amortizable intangible assets, net 263,593 Indefinite-lived intangible assets: Trademarks and trade names 1,856,517 Intangible assets, net $ 2,120,110 (In thousands) Weighted Amortization Cost Accumulated Net December 2017 Amortizable intangible assets: Customer relationships 18 years Accelerated $ 338,209 $ 133,994 $ 204,215 License agreements 20 years Accelerated 19,996 13,660 6,336 Trademarks 16 years Straight-line 58,932 7,333 51,599 Other 9 years Straight-line 9,001 3,648 5,353 Amortizable intangible assets, net 267,503 Indefinite-lived intangible assets: Trademarks and trade names 1,822,278 Intangible assets, net $ 2,089,781

GOODWILL (Tables)

GOODWILL (Tables)	12 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Goodwill	Changes in goodwill are summarized by reportable segment as follows: (In thousands) Outdoor Active Work Jeans Total Balance, December 2016 $ 832,937 $ 429,354 $ 89,011 $ 203,365 $ 1,554,667 2017 acquisition — — 92,837 — 92,837 Currency translation 9,337 27,420 (140 ) 8,523 45,140 Balance, December 2017 842,274 456,774 181,708 211,888 1,692,644 Measurement period adjustment to 2017 acquisition (Note 3) — — (9,974 ) — (9,974 ) Currency translation 2,452 6,413 738 946 10,549 Balance, March 2018 844,726 463,187 172,472 212,834 1,693,219 Fiscal 2019 acquisitions 151,662 — — — 151,662 Fiscal 2019 divestitures — (48,329 ) (52 ) — (48,381 ) Currency translation (12,499 ) (20,902 ) (1,604 ) (6,611 ) (41,616 ) Balance, March 2019 $ 983,889 $ 393,956 $ 170,816 $ 206,223 $ 1,754,884

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Mar. 30, 2019
Other Assets [Abstract]
Other Assets	(In thousands) March 2019 March 2018 December 2017 Computer software, net of accumulated amortization of: March 2019 - $215,491; March 2018 - $183,200; December 2017 - $171,147 $ 224,601 $ 239,935 $ 232,237 Investments held for deferred compensation plans (Note 15) 206,633 201,870 203,780 Deferred income taxes (Note 18) 109,551 105,493 103,601 Pension assets (Note 15) 117,405 76,671 82,296 Deposits 53,602 45,321 45,225 Partnership stores and shop-in-shop costs, net of accumulated amortization of: March 2019 - $100,125; March 2018 - $123,812; December 2017 - $118,643 31,655 33,161 34,149 Derivative financial instruments (Note 23) 9,189 4,659 2,199 Other investments 13,071 12,433 12,697 Deferred line of credit issuance costs 2,121 961 1,078 Other 79,071 82,537 66,413 Other assets $ 846,899 $ 803,041 $ 783,675

SHORT-TERM BORROWINGS (Tables)

SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Summary of Short-Term Borrowings	(In thousands) March 2019 March 2018 December 2017 Commercial paper borrowings $ 650,000 $ 1,500,000 $ 705,000 International borrowing arrangements 15,055 25,106 24,384 Short-term borrowings $ 665,055 $ 1,525,106 $ 729,384

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	12 Months Ended
	Mar. 30, 2019
Accrued Liabilities [Abstract]
Accrued Liabilities	(In thousands) March 2019 March 2018 December 2017 Compensation $ 341,988 $ 135,247 $ 249,929 Customer discounts and allowances 225,484 28,604 46,169 Other taxes 153,355 160,173 155,969 Income taxes 68,054 67,417 134,837 Restructuring 86,602 42,757 32,438 Advertising 40,938 40,322 48,554 Freight, duties and postage 40,703 46,281 43,584 Deferred compensation (Note 15) 18,226 33,590 38,885 Interest 23,250 25,483 16,317 Derivative financial instruments (Note 23) 18,590 96,087 87,205 Insurance 15,634 18,867 17,814 Product warranty claims (Note 14) 12,618 12,862 12,833 Pension liabilities (Note 15) 10,260 32,814 27,277 Other 240,851 197,923 234,724 Accrued liabilities $ 1,296,553 $ 938,427 $ 1,146,535

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt	(In thousands) March 2019 March 2018 December 2017 3.50% notes, due 2021 $ 498,450 $ 497,852 $ 497,705 0.625% notes, due 2023 949,049 1,041,577 1,015,500 6.00% notes, due 2033 292,982 292,648 292,568 6.45% notes, due 2037 346,534 346,346 346,300 Capital leases 34,132 40,397 41,881 Total long-term debt 2,121,147 2,218,820 2,193,954 Less current portion 5,263 6,265 6,165 Long-term debt, due beyond one year $ 2,115,884 $ 2,212,555 $ 2,187,789
Payments of Long-term Debt and Future Minimum Lease Payments	The scheduled payments of long-term debt and future minimum lease payments for capital leases at the end of Fiscal 2019 for the next five fiscal years and thereafter are summarized as follows: (In thousands) Notes and Other Capital Leases Total 2020 $ — $ 6,293 $ 6,293 2021 — 6,040 6,040 2022 500,000 2,287 502,287 2023 — 1,614 1,614 2024 953,785 1,691 955,476 Thereafter 650,000 23,495 673,495 2,103,785 41,420 2,145,205 Less unamortized debt discount 6,531 — 6,531 Less unamortized debt issuance costs 10,239 — 10,239 Less amounts representing interest — 7,288 7,288 Total long-term debt 2,087,015 34,132 2,121,147 Less current portion — 5,263 5,263 Long-term debt, due beyond one year $ 2,087,015 $ 28,869 $ 2,115,884

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Mar. 30, 2019
Other Liabilities Disclosure [Abstract]
Schedule of Other Liabilities	(In thousands) March 2019 March 2018 December 2017 Deferred income taxes (Note 18) $ 68,864 $ 40,887 $ 58,036 Deferred compensation (Note 15) 181,110 198,780 201,116 Income taxes 629,176 632,321 628,713 Pension liabilities (Note 15) 174,982 176,582 189,191 Deferred rent credits 96,276 87,267 85,857 Product warranty claims 49,301 49,689 49,733 Derivative financial instruments (Note 23) 3,747 10,087 12,833 Other 77,325 76,217 81,234 Other liabilities $ 1,280,781 $ 1,271,830 $ 1,306,713
Activity Relating to Accrued Product Warranty Claims	Activity relating to accrued product warranty claims is summarized as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Balance, beginning of year $ 62,551 $ 62,566 $ 62,872 $ 63,114 Accrual for products sold during the year 13,082 3,828 10,584 12,022 Repair or replacement costs incurred (12,778 ) (4,126 ) (12,654 ) (11,956 ) Currency translation (936 ) 283 1,764 (308 ) Balance, end of year 61,919 62,551 62,566 62,872 Less current portion (Note 12) 12,618 12,862 12,833 12,993 Long-term portion $ 49,301 $ 49,689 $ 49,733 $ 49,879

RETIREMENT AND SAVINGS BENEFI_2

RETIREMENT AND SAVINGS BENEFIT PLANS (Tables)	12 Months Ended
	Mar. 30, 2019
Retirement Benefits [Abstract]
Components of Pension Cost	The components of pension cost for VF’s defined benefit plans were as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Service cost — benefits earned during the period $ 22,352 $ 5,912 $ 24,890 $ 25,839 Interest cost on projected benefit obligations 63,434 14,825 58,989 68,020 Expected return on plan assets (93,409 ) (25,314 ) (94,807 ) (99,540 ) Settlement charges 8,856 — — 50,922 Curtailments 9,530 — 1,671 — Amortization of deferred amounts: Net deferred actuarial losses 28,474 8,548 41,440 65,212 Deferred prior service costs 494 647 2,646 2,584 Total pension expense $ 39,731 $ 4,618 $ 34,829 $ 113,037 Weighted average actuarial assumptions used to determine pension expense: Discount rate in effect for determining service cost 3.85 % 3.58 % 4.08 % 4.54 % Discount rate in effect for determining interest cost 3.51 % 3.13 % 3.26 % 3.56 % Expected long-term return on plan assets 5.58 % 5.72 % 5.72 % 5.81 % Rate of compensation increase 3.73 % 3.73 % 3.78 % 3.90 %
Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations	The following provides a reconciliation of the changes in fair value of VF’s defined benefit plan assets and projected benefit obligations for each period, and the funded status at the end of each period: (In thousands) March 2019 March 2018 December 2017 Fair value of plan assets, beginning of period $ 1,751,760 $ 1,809,649 $ 1,673,297 Actual return on plan assets 82,947 (39,495 ) 204,017 VF contributions 41,581 3,205 9,807 Participant contributions 4,136 1,018 4,011 Benefits paid (118,513 ) (27,441 ) (93,900 ) Currency translation (10,817 ) 4,824 12,417 Fair value of plan assets, end of period 1,751,094 1,751,760 1,809,649 Projected benefit obligations, beginning of period 1,884,485 1,943,821 1,808,327 Service cost 22,352 5,912 24,890 Interest cost 63,434 14,825 58,989 Participant contributions 4,136 1,018 4,011 Actuarial loss (gain) 10,653 (59,511 ) 131,040 Benefits paid (118,513 ) (27,441 ) (93,900 ) Plan amendments 715 — — Curtailments (33,826 ) — (5,664 ) Currency translation (14,505 ) 5,861 16,128 Projected benefit obligations, end of period 1,818,931 1,884,485 1,943,821 Funded status, end of period $ (67,837 ) $ (132,725 ) $ (134,172 ) Pension benefits are reported in the Consolidated Balance Sheets as a net asset or liability based on the overfunded or underfunded status of the defined benefit plans, assessed on a plan-by-plan basis. (In thousands) March 2019 March 2018 December 2017 Amounts included in Consolidated Balance Sheets: Other assets (Note 10) $ 117,405 $ 76,671 $ 82,296 Accrued liabilities (Note 12) (10,260 ) (32,814 ) (27,277 ) Other liabilities (Note 14) (174,982 ) (176,582 ) (189,191 ) Funded status $ (67,837 ) $ (132,725 ) $ (134,172 ) Accumulated other comprehensive loss, pretax: Net deferred actuarial losses $ 399,093 $ 452,329 $ 454,463 Deferred prior service costs 563 9,878 10,533 Total accumulated other comprehensive loss, pretax $ 399,656 $ 462,207 $ 464,996 Accumulated benefit obligations $ 1,778,910 $ 1,783,600 $ 1,837,776 Weighted average actuarial assumptions used to determine pension obligations: Discount rate 3.68 % 3.76 % 3.46 % Rate of compensation increase (a) 2.74 % 3.73 % 3.73 % (a) Rate of compensation increase is calculated as the weighted average rate of compensation increase for active plans. Frozen plans are excluded from the calculation.
Fair Value of Investments Held by Pension Plan	The fair value of investments held by VF’s defined benefit plans at March 2019 , March 2018 and December 2017, by asset class, is summarized below. Refer to Note 22 for a description of the three levels of the fair value measurement hierarchy. Total Plan Assets Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 March 2019 Plan assets Cash equivalents $ 3,023 $ 3,023 $ — $ — Fixed income securities: U.S. Treasury and government agencies 7 — 7 — Insurance contracts 71,521 — 71,521 — Commodities (347 ) (347 ) — — Total plan assets in the fair value hierarchy $ 74,204 $ 2,676 $ 71,528 $ — Plan assets measured at net asset value Cash equivalents 36,349 Equity securities: Domestic 82,659 International 97,766 Fixed income securities: Corporate and international bonds 1,309,123 Alternative investments 150,993 Total plan assets measured at net asset value 1,676,890 Total plan assets $ 1,751,094 Total Plan Assets Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 March 2018 Plan assets Cash equivalents $ 14,694 $ 14,694 $ — $ — Fixed income securities: U.S. Treasury and government agencies 8 — 8 — Insurance contracts 67,444 — 67,444 — Commodities (7,091 ) (7,091 ) — — Total plan assets in the fair value hierarchy $ 75,055 $ 7,603 $ 67,452 $ — Plan assets measured at net asset value Cash equivalents 38,833 Equity securities: Domestic 114,958 International 155,330 Fixed income securities: Corporate and international bonds 1,211,103 Alternative investments 156,481 Total plan assets measured at net asset value 1,676,705 Total plan assets $ 1,751,760 Total Plan Assets Fair Value Measurements (In thousands) Level 1 Level 2 Level 3 December 2017 Plan assets Cash equivalents $ 8,191 $ 8,191 $ — $ — Fixed income securities: U.S. Treasury and government agencies 8 — 8 — Insurance contracts 69,448 — 69,448 — Commodities (372 ) (372 ) — — Total plan assets in the fair value hierarchy $ 77,275 $ 7,819 $ 69,456 $ — Plan assets measured at net asset value Cash equivalents 36,313 Equity securities: Domestic 152,154 International 173,608 Fixed income securities: Corporate and international bonds 1,215,558 Alternative investments 154,741 Total plan assets measured at net asset value 1,732,374 Total plan assets $ 1,809,649

CAPITAL AND ACCUMULATED OTHER_2

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Mar. 30, 2019
Equity [Abstract]
Shares Held for Deferred Compensation Plans	Balances related to shares held for deferred compensation plans were as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands, except share amounts) 2019 2018 2017 2016 Shares held for deferred compensation plans — 284,785 317,515 439,667 Cost of shares held for deferred compensation plans $ — $ 3,621 $ 3,901 $ 5,464
Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCI in Stockholders' Equity and Changes in AOCI	The changes in accumulated OCI, net of related taxes, are as follows: (In thousands) Foreign Currency Translation and Other Defined Derivative Total Balance, December 2015 $ (718,169 ) $ (372,195 ) $ 47,142 $ (1,043,222 ) Other comprehensive income (loss) before reclassifications (76,410 ) (4,357 ) 81,036 269 Amounts reclassified from accumulated other comprehensive income (loss) — 73,855 (72,365 ) 1,490 Net other comprehensive income (loss) (76,410 ) 69,498 8,671 1,759 Balance, December 2016 (794,579 ) (302,697 ) 55,813 (1,041,463 ) Other comprehensive income (loss) before reclassifications 248,378 (17,970 ) (123,080 ) 107,328 Amounts reclassified from accumulated other comprehensive income (loss) — 28,718 (20,723 ) 7,995 Net other comprehensive income (loss) 248,378 10,748 (143,803 ) 115,323 Balance, December 2017 (546,201 ) (291,949 ) (87,990 ) (926,140 ) Other comprehensive income (loss) before reclassifications 69,332 (4,852 ) (21,078 ) 43,402 Amounts reclassified from accumulated other comprehensive income (loss) — 7,183 11,525 18,708 Net other comprehensive income (loss) 69,332 2,331 (9,553 ) 62,110 Balance, March 2018 (476,869 ) (289,618 ) (97,543 ) (864,030 ) Other comprehensive income (loss) before reclassifications (248,810 ) 10,444 137,218 (101,148 ) Amounts reclassified from accumulated other comprehensive income (loss) — 35,990 27,113 63,103 Net other comprehensive income (loss) (248,810 ) 46,434 164,331 (38,045 ) Balance, March 2019 $ (725,679 ) $ (243,184 ) $ 66,788 $ (902,075 ) The deferred components of OCI are reported, net of related income taxes, in accumulated OCI in stockholders’ equity, as follows: (In thousands) March 2019 March 2018 December 2017 Foreign currency translation and other $ (725,679 ) $ (476,869 ) $ (546,201 ) Defined benefit pension plans (243,184 ) (289,618 ) (291,949 ) Derivative financial instruments 66,788 (97,543 ) (87,990 ) Accumulated other comprehensive income (loss) $ (902,075 ) $ (864,030 ) $ (926,140 )
Reclassifications Out of Accumulated OCI	Reclassifications out of accumulated OCI are as follows: (In thousands) Affected Line Item in the Consolidated Statements of Income Year Ended March Three Months Ended March (Transition Period) Year Ended December Details About Accumulated Other 2019 2018 2017 2016 Amortization of defined benefit pension plans: Net deferred actuarial losses Other income (expense), net $ (28,474 ) $ (8,548 ) $ (41,440 ) $ (65,212 ) Deferred prior service costs Other income (expense), net (494 ) (647 ) (2,646 ) (2,584 ) Pension settlement charges Other income (expense), net (8,856 ) — — (50,922 ) Pension curtailment losses Other income (expense), net (9,530 ) — (566 ) — Pension curtailment loss Income (loss) from discontinued operations, net of tax — — (1,105 ) — Total before tax (47,354 ) (9,195 ) (45,757 ) (118,718 ) Tax benefit 11,364 2,012 17,039 44,863 Net of tax (35,990 ) (7,183 ) (28,718 ) (73,855 ) Gains (losses) on derivative financial instruments: Foreign exchange contracts Net revenues 1,774 4,948 33,641 28,798 Foreign exchange contracts Cost of goods sold (20,686 ) (13,286 ) 610 84,613 Foreign exchange contracts Selling, general and administrative expenses (4,772 ) (1,981 ) (3,610 ) (4,314 ) Foreign exchange contracts Other income (expense), net 355 (2,427 ) (1,851 ) 2,864 Interest rate contracts Interest expense (5,012 ) (1,214 ) (4,723 ) (4,504 ) Total before tax (28,341 ) (13,960 ) 24,067 107,457 Tax benefit (expense) 1,228 2,435 (3,344 ) (35,092 ) Net of tax (27,113 ) (11,525 ) 20,723 72,365 Total reclassifications for the period, net of tax $ (63,103 ) $ (18,708 ) $ (7,995 ) $ (1,490 )

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total Stock-Based Compensation Cost and Associated Income Tax Benefits Related to Stock-Based Compensation Arrangements Recognized and Stock-Based Compensation Costs Included in Inventory	Total stock-based compensation cost and the associated income tax benefits recognized in the Consolidated Statements of Income, and stock-based compensation costs included in inventory in the Consolidated Balance Sheets, are as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Stock-based compensation cost $ 105,157 $ 25,440 $ 81,641 $ 67,762 Income tax benefits 23,650 5,771 26,697 22,870 Stock-based compensation costs included in inventory at period end 3,165 2,236 1,938 1,332
Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted	The grant date fair value of each option award is calculated using a lattice option-pricing valuation model, which incorporates a range of assumptions for inputs as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December 2019 2018 2017 2016 Expected volatility 22% to 29% 24% to 29% 23% to 30% 21% to 29% Weighted average expected volatility 25% 25% 24% 24% Expected term (in years) 6.1 to 7.5 6.1 to 7.6 6.3 to 7.7 6.3 to 7.6 Weighted average dividend yield 2.6% 2.9% 2.8% 2.2% Risk-free interest rate 2.1% to 3.2% 1.9% to 2.9% 0.7% to 2.4% 0.4% to 1.7% Weighted average fair value at date of grant $16.82 $15.34 $9.90 $12.08
Stock Option Activity	Stock option activity for the three-month period ended March 2018 and the year ended March 2019 is summarized as follows: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (In thousands) Outstanding, December 2017 14,250,084 $ 52.03 Granted 1,843,749 74.80 Exercised (1,484,537 ) 38.94 Forfeited/cancelled (117,782 ) 66.36 Outstanding, March 2018 14,491,514 56.15 Granted 101,197 81.01 Exercised (4,316,539 ) 46.86 Forfeited/cancelled (365,962 ) 65.27 Outstanding, March 2019 9,910,210 $ 60.11 6.7 $ 265,734 Exercisable, March 2019 7,781,198 $ 58.60 6.2 $ 220,251
RSU Activity	RSU activity for the three-month period ended March 2018 and the year ended March 2019 is summarized as follows: Performance-based Nonperformance-based Number Outstanding Weighted Average Grant Date Fair Value Number Outstanding Weighted Average Grant Date Fair Value Outstanding, December 2017 1,504,551 $ 62.22 335,093 $ 60.72 Granted 351,490 74.80 407,074 74.80 Issued as Common Stock (405,871 ) 75.33 (34,964 ) 56.11 Forfeited/cancelled (12,154 ) 63.64 (10,780 ) 72.45 Outstanding, March 2018 1,438,016 61.58 696,423 69.00 Granted 19,099 80.39 82,799 79.21 Issued as Common Stock — — (58,165 ) 69.08 Forfeited/cancelled (60,439 ) 65.20 (56,224 ) 73.54 Outstanding, March 2019 1,396,676 $ 61.68 664,833 $ 69.88 Vested, March 2019 859,332 $ 61.37 69,139 $ 74.80
Restricted Stock Activity	Restricted stock activity for the three-month period ended March 2018 and the year ended March 2019 is summarized below: Nonvested Shares Outstanding Weighted Average Grant Date Fair Value Nonvested shares, December 2017 684,963 $ 57.01 Granted 56,331 74.70 Dividend equivalents 4,188 74.40 Vested (53,203 ) 57.90 Forfeited (11,068 ) 68.25 Nonvested shares, March 2018 681,211 58.33 Granted 79,188 79.99 Dividend equivalents 15,468 82.02 Vested (99,682 ) 67.41 Forfeited (49,460 ) 62.76 Nonvested shares, March 2019 626,725 $ 59.86

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Mar. 30, 2019
Income Tax Disclosure [Abstract]
Provision for Income Taxes was Computed Based on Amounts of Income Before Income Taxes	The provision for income taxes was computed based on the following amounts of income from continuing operations before income taxes: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Domestic $ 337,066 $ 4,163 $ 364,846 $ 301,760 Foreign 1,190,338 289,970 1,051,649 982,956 Income before income taxes $ 1,527,404 $ 294,133 $ 1,416,495 $ 1,284,716
Provision for Income Taxes	The provision for income taxes consisted of: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Current: Federal $ 143,872 $ (4,864 ) $ 618,611 $ 115,570 Foreign 164,974 36,634 135,007 123,960 State 22,455 896 21,506 37,957 331,301 32,666 775,124 277,487 Deferred: Federal and state (53,715 ) (13,656 ) (76,039 ) (63,610 ) Foreign (9,186 ) 13,959 (3,799 ) (8,015 ) (62,901 ) 303 (79,838 ) (71,625 ) Income taxes $ 268,400 $ 32,969 $ 695,286 $ 205,862
Differences Between Income Taxes Computed by Applying Statutory Federal Income Tax Rate and Income Tax Expense reported in Consolidated Financial Statements	The differences between income taxes computed by applying the statutory federal income tax rate and income tax expense reported in the consolidated financial statements are as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Tax at federal statutory rate $ 320,755 $ 61,768 $ 495,772 $ 449,650 State income taxes, net of federal tax benefit 32,954 (4,745 ) 23,684 24,426 Foreign rate differences (84,702 ) (9,227 ) (217,131 ) (262,392 ) Tax reform 37,262 (5,107 ) 465,501 — Capital losses — — (67,032 ) — Valuation allowances (federal) — 977 37,296 — Stock compensation (federal) (26,398 ) (10,060 ) (22,826 ) (25,135 ) Other (11,471 ) (637 ) (19,978 ) 19,313 Income taxes $ 268,400 $ 32,969 $ 695,286 $ 205,862
Deferred Income Tax Assets and Liabilities	Deferred income tax assets and liabilities consisted of the following: (In thousands) March 2019 March 2018 December 2017 Deferred income tax assets: Inventories $ 32,647 $ 24,797 $ 21,146 Deferred compensation 51,913 53,843 55,326 Other employee benefits 69,594 52,456 45,464 Stock compensation 37,317 38,244 45,960 Other accrued expenses 127,684 155,635 158,632 Capital loss carryforwards 19,423 46,069 34,705 Operating loss carryforwards 229,955 252,695 251,236 Gross deferred income tax assets 568,533 623,739 612,469 Valuation allowances (188,258 ) (226,269 ) (225,141 ) Net deferred income tax assets 380,275 397,470 387,328 Deferred income tax liabilities: Depreciation 25,355 27,023 25,272 Intangible assets 222,769 223,435 237,667 Other deferred tax liabilities 91,464 82,406 78,824 Deferred income tax liabilities 339,588 332,864 341,763 Net deferred income tax assets (liabilities) $ 40,687 $ 64,606 $ 45,565 Amounts included in the Consolidated Balance Sheets: Other assets (Note 10) $ 109,551 $ 105,493 $ 103,601 Other liabilities (Note 14) (68,864 ) (40,887 ) (58,036 ) $ 40,687 $ 64,606 $ 45,565
Reconciliation of Change in Accrual for Unrecognized Income Tax Benefits	A reconciliation of the change in the accrual for unrecognized income tax benefits is as follows: (In thousands) Unrecognized Accrued Unrecognized Balance, December 2015 $ 75,677 $ 9,369 $ 85,046 Additions for current year tax positions 121,025 — 121,025 Additions for prior year tax positions 6,164 2,880 9,044 Reductions for prior year tax positions (4,798 ) (1,362 ) (6,160 ) Reductions due to statute expirations (14,985 ) (1,335 ) (16,320 ) Payments in settlement (6,108 ) (829 ) (6,937 ) Currency translation (9 ) (14 ) (23 ) Balance, December 2016 176,966 8,709 185,675 Additions for current year tax positions 28,049 — 28,049 Additions for prior year tax positions 22,968 6,808 29,776 Reductions for prior year tax positions (22,163 ) (279 ) (22,442 ) Reductions due to statute expirations (9,028 ) (915 ) (9,943 ) Payments in settlement (855 ) (248 ) (1,103 ) Currency translation 55 11 66 Balance, December 2017 195,992 14,086 210,078 Additions for current year tax positions 2,012 — 2,012 Additions for prior year tax positions 477 2,340 2,817 Reductions for prior year tax positions (201 ) (3 ) (204 ) Reductions due to statute expirations (9,222 ) (985 ) (10,207 ) Payments in settlement — — — Currency translation 17 2 19 Balance, March 2018 189,075 15,440 204,515 Additions for current year tax positions 8,511 — 8,511 Additions for prior year tax positions 16,211 12,521 28,732 Reductions for prior year tax positions (18,753 ) (467 ) (19,220 ) Reductions due to statute expirations (30 ) (7 ) (37 ) Payments in settlement (6,754 ) (919 ) (7,673 ) Currency translation (35 ) (3 ) (38 ) Balance, March 2019 $ 188,225 $ 26,565 $ 214,790
Amounts Included in Consolidated Balance Sheets	(In thousands) March 2019 March 2018 December 2017 Amounts included in the Consolidated Balance Sheets: Unrecognized income tax benefits, including interest and penalties $ 214,790 $ 204,515 $ 210,078 Less deferred tax benefits 40,862 35,474 31,197 Total unrecognized tax benefits $ 173,928 $ 169,041 $ 178,881

REPORTABLE SEGMENT INFORMATION

REPORTABLE SEGMENT INFORMATION (Tables)	12 Months Ended
	Mar. 30, 2019
Segment Reporting [Abstract]
Financial Information for Reportable Segments	Financial information for VF’s reportable segments is as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Segment revenues: Outdoor $ 4,649,024 $ 888,039 $ 4,208,958 $ 4,123,372 Active 4,721,792 1,071,598 3,791,737 3,318,428 Work 1,862,017 442,258 1,099,714 776,214 Jeans 2,491,769 623,266 2,597,623 2,690,059 Other 124,058 20,285 113,145 118,074 Total segment revenues $ 13,848,660 $ 3,045,446 $ 11,811,177 $ 11,026,147 Segment profit: Outdoor $ 544,425 $ 44,673 $ 537,543 $ 594,485 Active 1,125,709 237,620 805,843 628,163 Work 220,670 40,024 163,585 137,301 Jeans 300,502 103,805 406,524 479,179 Other 457 (3,074 ) (3,090 ) (4,809 ) Total segment profit 2,191,763 423,048 1,910,405 1,834,319 Impairment of goodwill and intangible assets (a) — — — (79,644 ) Corporate and other expenses (b) (c) (578,934 ) (107,750 ) (408,030 ) (384,413 ) Interest expense, net (85,425 ) (21,165 ) (85,880 ) (85,546 ) Income from continuing operations before income taxes $ 1,527,404 $ 294,133 $ 1,416,495 $ 1,284,716 (a) Represents goodwill and intangible asset impairment charges in 2016 related to the Outdoor segment ( lucy ® brand discussed in Notes 8, 9 and 22). The impairment charges were excluded from the profit of the Outdoor segment since they are not part of the ongoing operations of the business. (b) Reflects a $50.9 million pension settlement charge in 2016 (Note 15). (c) Certain corporate overhead and other costs of, $16.6 million and $44.3 million during the years ended December 2017 and 2016 , respectively, previously allocated to the former Sportswear, Imagewear, Outdoor & Action Sports and Contemporary Brands segments for segment reporting purposes, have been reallocated to continuing operations as discussed in Note 4.
Reconciliation Assets	March March December (In thousands) 2019 2018 2017 Segment assets: Outdoor $ 1,108,274 $ 924,870 $ 1,082,264 Active 981,033 873,737 686,991 Work 742,329 669,641 657,025 Jeans 720,620 710,481 629,648 Other 99,570 91,299 80,667 Total segment assets 3,651,826 3,270,028 3,136,595 Cash and equivalents 543,011 680,762 563,483 Property, plant and equipment, net 1,057,268 1,011,617 1,014,638 Intangible assets and goodwill 3,779,161 3,813,329 3,782,425 Other assets 1,325,519 1,161,994 1,080,661 Assets of discontinued operations — 373,580 380,700 Consolidated assets $ 10,356,785 $ 10,311,310 $ 9,958,502
Reconciliation of Capital Expenditures and Depreciation and Amortization Expense	March March December (In thousands) 2019 2018 2017 Segment assets: Outdoor $ 1,108,274 $ 924,870 $ 1,082,264 Active 981,033 873,737 686,991 Work 742,329 669,641 657,025 Jeans 720,620 710,481 629,648 Other 99,570 91,299 80,667 Total segment assets 3,651,826 3,270,028 3,136,595 Cash and equivalents 543,011 680,762 563,483 Property, plant and equipment, net 1,057,268 1,011,617 1,014,638 Intangible assets and goodwill 3,779,161 3,813,329 3,782,425 Other assets 1,325,519 1,161,994 1,080,661 Assets of discontinued operations — 373,580 380,700 Consolidated assets $ 10,356,785 $ 10,311,310 $ 9,958,502 Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Depreciation and amortization expense: (a) Outdoor $ 82,259 $ 16,998 $ 86,838 $ 83,070 Active 73,395 18,953 70,219 66,031 Work 34,446 10,149 12,926 5,051 Jeans 38,505 8,710 35,586 39,237 Other 2,542 609 3,560 3,537 Corporate 69,858 15,501 68,016 57,290 $ 301,005 $ 70,920 $ 277,145 $ 254,216 (a) Excludes $ 0.6 million , $14.0 million and $27.4 million of depreciation and amortization related to discontinued operations in the three months ended March 2018 and the years ended December 2017 and 2016 , respectively. These amounts are included in depreciation and amortization in our Consolidated Statements of Cash Flows as we did not segregate cash flows related to discontinued operations (Note 4).
Supplemental Information (with Revenues by Geographic Area Based on Location of Customer)	Supplemental information (with revenues by geographic area based on the origin of the shipment) is as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Total revenues: U.S. $ 8,126,280 $ 1,643,991 $ 6,923,749 $ 6,669,026 Foreign, primarily Europe 5,722,380 1,401,455 4,887,428 4,357,121 $ 13,848,660 $ 3,045,446 $ 11,811,177 $ 11,026,147 Property, plant and equipment: U.S. $ 644,839 $ 605,487 $ 607,437 Foreign, primarily Europe 412,429 406,130 407,201 $ 1,057,268 $ 1,011,617 $ 1,014,638

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Mar. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Rent Expense, Net of Sublease Income Included in Income Statement	Rent expense, net of sublease income that was not significant in any period, was included in the Consolidated Statements of Income as follows: Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Minimum rent expense $ 386,544 $ 104,235 $ 355,217 $ 337,879 Contingent rent expense 34,267 6,791 24,410 18,062 Rent expense $ 420,811 $ 111,026 $ 379,627 $ 355,941

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Basic and Diluted	Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands, except per share amounts) 2019 2018 2017 2016 Earnings per share — basic: Income from continuing operations $ 1,259,004 $ 261,164 $ 721,209 $ 1,078,854 Weighted average common shares outstanding 395,189 395,253 399,223 416,103 Earnings per share from continuing operations $ 3.19 $ 0.66 $ 1.81 $ 2.59 Earnings per share — diluted: Income from continuing operations $ 1,259,004 $ 261,164 $ 721,209 $ 1,078,854 Weighted average common shares outstanding 395,189 395,253 399,223 416,103 Incremental shares from stock options and other dilutive securities 5,307 6,023 4,336 5,978 Adjusted weighted average common shares outstanding 400,496 401,276 403,559 422,081 Earnings per share from continuing operations $ 3.14 $ 0.65 $ 1.79 $ 2.56

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Mar. 30, 2019
Fair Value Disclosures [Abstract]
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) 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 — Total Fair Value Fair Value Measurement Using (a) (In thousands) Level 1 Level 2 Level 3 March 2018 Financial assets: Cash equivalents: Money market funds $ 185,118 $ 185,118 $ — $ — Time deposits 7,714 7,714 — — Derivative financial instruments 31,400 — 31,400 — Investment securities 194,160 183,802 10,358 — Financial liabilities: Derivative financial instruments 106,174 — 106,174 — Deferred compensation 227,808 — 227,808 — Total Fair Value Fair Value Measurement Using (a) (In thousands) Level 1 Level 2 Level 3 December 2017 Financial assets: Cash equivalents: Money market funds $ 265,432 $ 265,432 $ — $ — Time deposits 13,591 13,591 — — Derivative financial instruments 22,970 — 22,970 — Investment securities 197,837 185,723 12,114 — Financial liabilities: Derivative financial instruments 100,038 — 100,038 — Deferred compensation 235,359 — 235,359 — (a) There were no transfers among the levels within the fair value hierarchy during the year ended March 2019 , the three months ended March 2018 or the year ended December 2017 .

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	12 Months Ended
	Mar. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Derivatives on Individual Contract Basis	The following table presents outstanding derivatives on an individual contract basis: Fair Value of Derivatives with Unrealized Gains Fair Value of Derivatives with Unrealized Losses (In thousands) March 2019 March 2018 December 2017 March 2019 March 2018 December 2017 Foreign currency exchange contracts designated as hedging instruments $ 92,356 $ 21,496 $ 17,639 $ (21,798 ) $ (105,795 ) $ (99,606 ) Foreign currency exchange contracts not designated as hedging instruments 415 9,904 5,331 (539 ) (379 ) (432 ) Total derivatives $ 92,771 $ 31,400 $ 22,970 $ (22,337 ) $ (106,174 ) $ (100,038 )
Derivative Assets and Liabilities Presented in Consolidated Balance Sheet Adjusted from current Gross	VF records and presents the fair values of all of its derivative assets and liabilities in the Consolidated Balance Sheets on a gross basis, even though they are subject to master netting agreements. If VF were to offset and record the asset and liability balances of its foreign exchange forward contracts on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets as of March 2019 , March 2018 and December 2017 would be adjusted from the current gross presentation to the net amounts as detailed in the following table: March 2019 March 2018 December 2017 (In thousands) Derivative Asset Derivative Liability Derivative Asset Derivative Liability Derivative Asset Derivative Liability Gross amounts presented in the Consolidated Balance Sheets $ 92,771 $ (22,337 ) $ 31,400 $ (106,174 ) $ 22,970 $ (100,038 ) Gross amounts not offset in the Consolidated Balance Sheets (22,274 ) 22,274 (20,918 ) 20,918 (18,313 ) 18,313 Net amounts $ 70,497 $ (63 ) $ 10,482 $ (85,256 ) $ 4,657 $ (81,725 ) VF records and presents the fair values of all of its derivative assets and liabilities in the Consolidated Balance Sheets on a gross basis, even though they are subject to master netting agreements. If VF were to offset and record the asset and liability balances of its foreign exchange forward contracts on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets as of March 2019 , March 2018 and December 2017 would be adjusted from the current gross presentation to the net amounts as detailed in the following table: March 2019 March 2018 December 2017 (In thousands) Derivative Asset Derivative Liability Derivative Asset Derivative Liability Derivative Asset Derivative Liability Gross amounts presented in the Consolidated Balance Sheets $ 92,771 $ (22,337 ) $ 31,400 $ (106,174 ) $ 22,970 $ (100,038 ) Gross amounts not offset in the Consolidated Balance Sheets (22,274 ) 22,274 (20,918 ) 20,918 (18,313 ) 18,313 Net amounts $ 70,497 $ (63 ) $ 10,482 $ (85,256 ) $ 4,657 $ (81,725 )
Derivative Assets and Liabilities Presented in Consolidated Balance Sheet Adjusted from current Gross	VF records and presents the fair values of all of its derivative assets and liabilities in the Consolidated Balance Sheets on a gross basis, even though they are subject to master netting agreements. If VF were to offset and record the asset and liability balances of its foreign exchange forward contracts on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets as of March 2019 , March 2018 and December 2017 would be adjusted from the current gross presentation to the net amounts as detailed in the following table: March 2019 March 2018 December 2017 (In thousands) Derivative Asset Derivative Liability Derivative Asset Derivative Liability Derivative Asset Derivative Liability Gross amounts presented in the Consolidated Balance Sheets $ 92,771 $ (22,337 ) $ 31,400 $ (106,174 ) $ 22,970 $ (100,038 ) Gross amounts not offset in the Consolidated Balance Sheets (22,274 ) 22,274 (20,918 ) 20,918 (18,313 ) 18,313 Net amounts $ 70,497 $ (63 ) $ 10,482 $ (85,256 ) $ 4,657 $ (81,725 ) VF records and presents the fair values of all of its derivative assets and liabilities in the Consolidated Balance Sheets on a gross basis, even though they are subject to master netting agreements. If VF were to offset and record the asset and liability balances of its foreign exchange forward contracts on a net basis in accordance with the terms of its master netting agreements, the amounts presented in the Consolidated Balance Sheets as of March 2019 , March 2018 and December 2017 would be adjusted from the current gross presentation to the net amounts as detailed in the following table: March 2019 March 2018 December 2017 (In thousands) Derivative Asset Derivative Liability Derivative Asset Derivative Liability Derivative Asset Derivative Liability Gross amounts presented in the Consolidated Balance Sheets $ 92,771 $ (22,337 ) $ 31,400 $ (106,174 ) $ 22,970 $ (100,038 ) Gross amounts not offset in the Consolidated Balance Sheets (22,274 ) 22,274 (20,918 ) 20,918 (18,313 ) 18,313 Net amounts $ 70,497 $ (63 ) $ 10,482 $ (85,256 ) $ 4,657 $ (81,725 )
Derivatives Classified as Current or Noncurrent Based on Maturity Dates	Derivatives are classified as current or noncurrent based on maturity dates, as follows: (In thousands) March 2019 March 2018 December 2017 Other current assets $ 83,582 $ 26,741 $ 20,771 Accrued liabilities (Note 12) (18,590 ) (96,087 ) (87,205 ) Other assets (Note 10) 9,189 4,659 2,199 Other liabilities (Note 14) (3,747 ) (10,087 ) (12,833 )
Effects of Cash Flow Hedging included in Consolidated Statements of Income and Consolidated Statements of Comprehensive Income	The effects of cash flow hedging included in VF’s Consolidated Statements of Income and Consolidated Statements of Comprehensive Income are summarized as follows: (In thousands) Cash Flow Hedging Relationships Gain (Loss) on Derivatives Recognized in OCI Year Ended March Three Months Ended March (Transition Period) Year Ended December 2019 2018 2017 2016 Foreign currency exchange $ 156,513 $ (25,530 ) $ (138,716 ) $ 90,708 Gain (Loss) Reclassified from Accumulated OCI into Income (In thousands) Year Ended March Three Months Ended March (Transition Period) Year Ended December Location of Gain (Loss) 2019 2018 2017 2016 Net revenues $ 1,774 $ 4,948 $ 33,641 $ 28,798 Cost of goods sold (20,686 ) (13,286 ) 610 84,613 Selling, general and administrative expenses (4,772 ) (1,981 ) (3,610 ) (4,314 ) Other income (expense), net 355 (2,427 ) (1,851 ) 2,864 Interest expense (5,012 ) (1,214 ) (4,723 ) (4,504 ) Total $ (28,341 ) $ (13,960 ) $ 24,067 $ 107,457

SUPPLEMENTAL CASH FLOW INFORM_2

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	12 Months Ended
	Mar. 30, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Year Ended March Three Months Ended March (Transition Period) Year Ended December (In thousands) 2019 2018 2017 2016 Income taxes paid, net of refunds $ 359,821 $ 105,635 $ 331,194 $ 434,795 Interest paid, net of amounts capitalized 102,749 13,553 99,939 87,521 Noncash transactions: Property, plant and equipment expenditures included in accounts payable or accrued liabilities 29,824 22,495 26,146 28,103 Computer software costs included in accounts payable or accrued liabilities 14,842 21,144 22,880 15,143

RESTRUCTURING (Tables)

RESTRUCTURING (Tables)	12 Months Ended
	Mar. 30, 2019
Restructuring and Related Activities [Abstract]
Components of Restructuring Charges	The components of the restructuring charges are as follows: (In thousands) Year Ended March 2019 Charges Three Months Ended March 2018 Charges Year Ended December 2017 Charges Year Ended December 2016 Charges Severance and employee-related benefits $ 79,693 $ 14,927 $ 22,611 $ 50,395 Asset impairments 5,705 — — 3,394 Inventory write-downs 6,574 — — — Contract termination and other 15,643 — 4,436 1,310 Total restructuring charges $ 107,615 $ 14,927 $ 27,047 $ 55,099 Restructuring costs by business segment are as follows: (In thousands) Year Ended March 2019 Charges Three Months Ended March 2018 Charges Year Ended December 2017 Charges Year Ended December 2016 Charges Outdoor $ 38,952 $ 4,550 $ 10,393 $ 14,137 Active 13,579 — 2,400 3,946 Work 10,003 7,802 3,895 1,308 Jeans 39,936 2,575 6,993 20,357 Other 167 — — 1,277 Corporate 4,978 — 3,366 14,074 Total $ 107,615 $ 14,927 $ 27,047 $ 55,099
Activity in Restructuring Accrual	The activity in the restructuring accrual is as follows: (In thousands) Severance Other Total Accrual at December 2016 $ 49,728 $ 878 $ 50,606 Charges 22,611 4,436 27,047 Cash payments and settlements (37,349 ) (878 ) (38,227 ) Adjustments to accruals (2,783 ) — (2,783 ) Currency translation 1,601 — 1,601 Accrual at December 2017 33,808 4,436 38,244 Charges 14,927 — 14,927 Cash payments and settlements (4,658 ) (3,992 ) (8,650 ) Adjustments to accruals (1,033 ) — (1,033 ) Currency translation 101 — 101 Accrual at March 2018 43,145 444 43,589 Charges 79,693 15,643 95,336 Cash payments and settlements (35,530 ) (4,917 ) (40,447 ) Adjustments to accruals (5,800 ) 100 (5,700 ) Currency translation (272 ) (235 ) (507 ) Accrual at March 2019 $ 81,236 $ 11,035 $ 92,271

QUARTERLY RESULTS OF OPERATIO_2

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)	12 Months Ended
	Mar. 30, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations (Unaudited)	(In thousands, except per share amounts) First (a) Second (a) (b) Third (a) (b) Fourth (a) (b) (c) Full Year Ended March 2019 Net revenues $ 2,788,146 $ 3,907,386 $ 3,940,159 $ 3,212,969 $ 13,848,660 Operating income 230,882 658,669 591,905 194,384 1,675,840 Income from continuing operations 159,953 507,121 463,126 128,804 1,259,004 Income from discontinued operations, net of tax 405 — 383 — 788 Net income $ 160,358 $ 507,121 $ 463,509 $ 128,804 $ 1,259,792 Earnings per common share - basic (g) Continuing operations $ 0.41 $ 1.28 $ 1.17 $ 0.33 $ 3.19 Discontinued operations — — — — — Total earnings per common share - basic $ 0.41 $ 1.28 $ 1.17 $ 0.33 $ 3.19 Earnings per common share - diluted (g) Continuing operations $ 0.40 $ 1.26 $ 1.16 $ 0.32 $ 3.14 Discontinued operations — — — — — Total earnings per common share - diluted $ 0.40 $ 1.26 $ 1.16 $ 0.32 $ 3.15 Dividends per common share $ 0.46 $ 0.46 $ 0.51 $ 0.51 $ 1.94 (In thousands, except per share amounts) First Second Third Fourth (d) (e) Full Year Ended December 2017 Net revenues $ 2,500,340 $ 2,268,620 $ 3,392,934 $ 3,649,283 $ 11,811,177 Operating income (f) 293,207 159,676 575,527 484,619 1,513,029 Income (loss) from continuing operations 213,276 107,092 473,820 (72,979 ) 721,209 Loss (income) from discontinued operations, net of tax (4,113 ) 2,797 (87,680 ) (17,290 ) (106,286 ) Net income $ 209,163 $ 109,889 $ 386,140 $ (90,269 ) $ 614,923 Earnings (loss) per common share - basic (g) Continuing operations $ 0.52 $ 0.27 $ 1.20 $ (0.18 ) $ 1.81 Discontinued operations (0.01 ) 0.01 (0.22 ) (0.04 ) (0.27 ) Total earnings (loss) per common share - basic $ 0.51 $ 0.28 $ 0.98 $ (0.23 ) $ 1.54 Earnings (loss) per common share - diluted (g) Continuing operations $ 0.51 $ 0.27 $ 1.19 $ (0.18 ) $ 1.79 Discontinued operations (0.01 ) 0.01 (0.22 ) (0.04 ) (0.26 ) Total earnings (loss) per common share - diluted $ 0.50 $ 0.27 $ 0.97 $ (0.23 ) $ 1.52 Dividends per common share $ 0.42 $ 0.42 $ 0.42 $ 0.46 $ 1.72 (a) VF recorded transaction and deal-related costs of $18.8 million ( $15.3 million after-tax), $53.2 million ( $45.5 million after-tax), $62.6 million ( $47.5 million after-tax) and $57.1 million ( $43.7 million after-tax) during the three months ended June 30, 2018, September 29, 2018, December 29, 2018 and March 30, 2019, respectively. Full year transaction and deal-related costs totaled $191.7 million ( $152.0 million after-tax). Transaction and deal-related costs include acquisition and integration costs related to the acquisitions of Williamson-Dickie, Icebreaker and Altra, and divestiture costs related to the sale of the Reef ® brand business. The costs also include separation and related expenses associated with the planned spin-off of the Jeans business and non-operating losses on sale related primarily to the divestitures of the Reef ® brand business and Van Moer business. (b) VF recorded relocation costs of $10.7 million ( $8.0 million after-tax), $6.0 million ( $4.4 million after-tax) and $30.7 million ( $22.9 million after-tax) during the three months ended September 29, 2018, December 29, 2018 and March 30, 2019, respectively. Full year relocation costs totaled $47.4 million ( $35.3 million after-tax). Relocation costs primarily include costs associated with the relocation of VF's global headquarters and certain brands to Denver, Colorado. (c) VF recorded costs related to strategic business decisions to cease operations in Argentina and planned business model changes in certain other countries in Central and South America, which totaled $30.5 million ( $30.5 million after-tax) during the three months ended March 30, 2019. (d) VF recorded transaction and deal-related costs of $15.6 million ( $13.6 million after-tax) during the fourth quarter of the year ended December 2017. (e) VF recorded a $465.5 million provisional tax charge during the fourth quarter of the year ended December 2017 related to the transitional impact of the Tax Act (Note 18). (f) In the first quarter of Fiscal 2019, VF adopted ASU 2017-07, "Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" and restated the prior periods to conform to current year presentation. Operating income increased and other income (expense), net decreased by $3.5 million , $1.6 million , $1.5 million and $3.3 million for the three months ended April 1, 2017, July, 1 2017, September 30, 2017 and December 30, 2017, respectively. Full year operating income increased and other income (expense), net decreased by $9.9 million . (g) Per share amounts are computed independently for each quarter presented using unrounded numbers. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding and rounding.

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impacts of ASC 606 Balance Sheet (Details) - USD ($) $ in Thousands		Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016	Jan. 02, 2016
ASSETS
Cash and equivalents	[1]	$ 543,011	$ 680,762	$ 563,483	$ 1,224,975
Accounts receivable, net		1,708,796	1,408,587	1,429,986
Inventories		1,943,030	1,861,441	1,706,609
Other current assets		478,620	358,953	296,986
Total current assets		4,673,457	4,683,323	4,377,764
Property, plant and equipment, net		1,057,268	1,011,617	1,014,638
Goodwill and intangible assets, net		3,779,161
Other assets		846,899	803,041	783,675
TOTAL ASSETS		10,356,785	10,311,310	9,958,502
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term borrowings and current portion of long-term debt		670,318
Accounts payable		694,733	583,004	760,997
Accrued liabilities		1,296,553	938,427	1,146,535
Total current liabilities		2,661,604	3,138,829	2,744,100
Long-term debt		2,115,884	2,212,555	2,187,789
Other liabilities		1,280,781	1,271,830	1,306,713
Total liabilities		6,058,269	6,623,214	6,238,602
Total stockholders' equity		4,298,516	3,688,096	3,719,900	$ 4,940,921	$ 5,384,838
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		10,356,785	$ 10,311,310	$ 9,958,502
Impact of Adoption | Accounting Standards Update 2014-09
ASSETS
Cash and equivalents		0
Accounts receivable, net		(207,941)
Inventories		58,998
Other current assets		(55,668)
Total current assets		(204,611)
Property, plant and equipment, net		0
Goodwill and intangible assets, net		0
Other assets		689
TOTAL ASSETS		(203,922)
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term borrowings and current portion of long-term debt		0
Accounts payable		11,605
Accrued liabilities		(207,191)
Total current liabilities		(195,586)
Long-term debt		0
Other liabilities		(1,073)
Total liabilities		(196,659)
Total stockholders' equity		(7,263)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		(203,922)
Balances without Adoption of ASC 606
ASSETS
Cash and equivalents		543,011
Accounts receivable, net		1,500,855
Inventories		2,002,028
Other current assets		422,952
Total current assets		4,468,846
Property, plant and equipment, net		1,057,268
Goodwill and intangible assets, net		3,779,161
Other assets		847,588
TOTAL ASSETS		10,152,863
LIABILITIES AND STOCKHOLDERS’ EQUITY
Short-term borrowings and current portion of long-term debt		670,318
Accounts payable		706,338
Accrued liabilities		1,089,362
Total current liabilities		2,466,018
Long-term debt		2,115,884
Other liabilities		1,279,708
Total liabilities		5,861,610
Total stockholders' equity		4,291,253
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 10,152,863
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impacts of ASC 606 Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended										12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018		Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019		Dec. 30, 2017		Dec. 31, 2016
Prior Period Adjustments Restatement [Line Items]
Net revenues					$ 3,045,446						$ 13,848,660		$ 11,811,177		$ 11,026,147
Cost of goods sold					1,506,335						6,827,481		5,844,941		5,589,923
Selling, general and administrative expenses					1,229,046						5,345,339		4,453,207		3,901,122
Total costs and operating expenses					2,735,381						12,172,820		10,298,148		9,570,689
Operating income	$ 194,384	$ 591,905	$ 658,669	$ 230,882	310,065		$ 484,619	$ 575,527	$ 159,676	$ 293,207	1,675,840		1,513,029		1,455,458
Interest income (expense) and other income (expense), net											(148,436)
Income from continuing operations before income taxes					294,133						1,527,404		1,416,495		1,284,716
Income taxes					32,969						268,400		695,286		205,862
Income from continuing operations	128,804	463,126	507,121	159,953	261,164		(72,979)	473,820	107,092	213,276	1,259,004		721,209		1,078,854
Income (loss) from discontinued operations, net of tax	0	383	0	405	(8,371)		(17,290)	(87,680)	2,797	(4,113)	788		(106,286)		(4,748)
Net income	$ 128,804	$ 463,509	$ 507,121	$ 160,358	$ 252,793	[1]	$ (90,269)	$ 386,140	$ 109,889	$ 209,163	1,259,792	[1]	$ 614,923	[1]	$ 1,074,106	[1]
Impact of Adoption | Accounting Standards Update 2014-09
Prior Period Adjustments Restatement [Line Items]
Net revenues											1,336
Cost of goods sold											(16,056)
Selling, general and administrative expenses											19,641
Total costs and operating expenses											3,585
Operating income											(2,249)
Interest income (expense) and other income (expense), net											0
Income from continuing operations before income taxes											(2,249)
Income taxes											(398)
Income from continuing operations											(1,851)
Income (loss) from discontinued operations, net of tax											(3,456)
Net income											(5,307)
Balances without Adoption of ASC 606
Prior Period Adjustments Restatement [Line Items]
Net revenues											13,849,996
Cost of goods sold											6,811,425
Selling, general and administrative expenses											5,364,980
Total costs and operating expenses											12,176,405
Operating income											1,673,591
Interest income (expense) and other income (expense), net											(148,436)
Income from continuing operations before income taxes											1,525,155
Income taxes											268,002
Income from continuing operations											1,257,153
Income (loss) from discontinued operations, net of tax											(2,668)
Net income											$ 1,254,485
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impacts of ASC 606 Cash Flow (Details) - USD ($) $ in Thousands		3 Months Ended										12 Months Ended
		Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018		Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019		Dec. 30, 2017		Dec. 31, 2016
Prior Period Adjustments Restatement [Line Items]
Net income		$ 128,804	$ 463,509	$ 507,121	$ 160,358	$ 252,793	[1]	$ (90,269)	$ 386,140	$ 109,889	$ 209,163	$ 1,259,792	[1]	$ 614,923	[1]	$ 1,074,106	[1]
Depreciation and amortization	[1]					71,532						301,005		290,503		281,577
Other adjustments, net												59,609
Accounts receivable	[1]					38,686						(373,012)		(107,083)		47,102
Inventories	[1]					(156,292)						(135,099)		17,005		(37,210)
Accounts payable	[1]					(187,553)						111,678		21,494		(9,553)
Income taxes	[1]					(65,234)						(19,974)		460,350		(129,574)
Accrued liabilities	[1]					(172,396)						484,858		31,928		28,904
Other assets and liabilities	[1]					(65,492)						(24,634)		(34,942)		(45,978)
Cash provided (used) by operating activities	[1]					$ (243,223)						1,664,223		$ 1,474,660		$ 1,480,568
Impact of Adoption | Accounting Standards Update 2014-09
Prior Period Adjustments Restatement [Line Items]
Net income												(5,307)
Depreciation and amortization												(162)
Other adjustments, net												3,193
Accounts receivable												198,349
Inventories												(53,427)
Accounts payable												11,605
Income taxes												(398)
Accrued liabilities												(207,158)
Other assets and liabilities												53,305
Cash provided (used) by operating activities												0
Balances without Adoption of ASC 606
Prior Period Adjustments Restatement [Line Items]
Net income												1,254,485
Depreciation and amortization												300,843
Other adjustments, net												62,802
Accounts receivable												(174,663)
Inventories												(188,526)
Accounts payable												123,283
Income taxes												(20,372)
Accrued liabilities												277,700
Other assets and liabilities												28,671
Cash provided (used) by operating activities												$ 1,664,223
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Remaining Performance Obligation (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 $ in Millions	Mar. 30, 2019USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 109.4
Expected timing of satisfaction	5 years 9 months

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ in Thousands	3 Months Ended									12 Months Ended
	Mar. 30, 2019USD ($)	Dec. 29, 2018USD ($)	Sep. 29, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 30, 2017USD ($)	Sep. 30, 2017USD ($)	Jul. 01, 2017USD ($)	Apr. 01, 2017USD ($)	Mar. 30, 2019USD ($)Customer	Dec. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Property, Plant and Equipment [Line Items]
Foreign currency transaction gains (losses), net of related hedging impact					$ 6,800					$ (15,500)	$ 4,800	$ (9,700)
Cash equivalents	$ 256,800				192,800	$ 279,000				256,800	279,000
Advertising expense					185,700					845,700	715,900	637,600
Cooperate advertising expense					7,100					29,500	44,600	51,800
Cost of goods sold					1,506,335					6,827,481	5,844,941	5,589,923
Royalty expenses					900					$ 3,600	4,200	4,500
Number of largest customers | Customer										10
Retained earnings	(1,179,601)				(846,124)	(1,023,745)				$ (1,179,601)	(1,023,745)
Beginning balance adjustment						15,492					15,492
Operating income	194,384	$ 591,905	$ 658,669	$ 230,882	310,065	484,619	$ 575,527	$ 159,676	$ 293,207	1,675,840	1,513,029	1,455,458
Other income (expense), net					(5,233)					63,011	10,654	85,196
Accumulated other comprehensive income (loss)	902,075				864,030	926,140				902,075	926,140
Accounting Standards Update 2017-07
Property, Plant and Equipment [Line Items]
Operating income					1,300	3,300	1,500	1,600	3,500		9,900	87,200
Other income (expense), net					1,300	3,300	$ 1,500	$ 1,600	$ 3,500		9,900	87,200
New Accounting Pronouncement, Early Adoption, Effect | Accounting Standards Update 2016-16
Property, Plant and Equipment [Line Items]
Other assets												237,800
Retained earnings												237,800
New Accounting Pronouncement, Early Adoption, Effect | Accounting Standards Update 2016-16
Property, Plant and Equipment [Line Items]
Retained earnings	(61,900)									(61,900)
Accumulated other comprehensive income (loss)	$ 61,900									$ 61,900
Sales Revenue, Net | Customer Concentration Risk
Property, Plant and Equipment [Line Items]
Concentration risk, percentage										19.00%
Sales Revenue, Net | Customer Concentration Risk | Largest Customer
Property, Plant and Equipment [Line Items]
Concentration risk, percentage										8.00%
Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of intangible assets										3 years
Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of intangible assets										24 years
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets										3 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets										10 years
Building | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets										40 years
Land and Building | Minimum
Property, Plant and Equipment [Line Items]
Leases term	3 years									3 years
Land and Building | Maximum
Property, Plant and Equipment [Line Items]
Leases term	15 years									15 years
Equipment | Minimum
Property, Plant and Equipment [Line Items]
Leases term	2 years									2 years
Equipment | Maximum
Property, Plant and Equipment [Line Items]
Leases term	5 years									5 years
Shipping and Handling
Property, Plant and Equipment [Line Items]
Cost of goods sold					96,100					$ 484,900	349,100	$ 307,300
Impact of Adoption | Accounting Standards Update 2014-09
Property, Plant and Equipment [Line Items]
Cost of goods sold										(16,056)
Retained earnings					$ (2,000)
Operating income										$ (2,249)
Retained Earnings
Property, Plant and Equipment [Line Items]
Beginning balance adjustment						$ 15,492					$ 15,492

REVENUES - Accounts Receivable,

REVENUES - Accounts Receivable, Contract Assets and Contract Liabilities (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Apr. 01, 2018
Revenue from Contract with Customer [Abstract]
Accounts receivable, net	$ 1,708,796	$ 1,408,587
Contract assets	4,499	2,600
Contract liabilities	$ 32,175	$ 28,252

REVENUES - Narrative (Details)

REVENUES - Narrative (Details) $ in Millions	12 Months Ended
	Mar. 30, 2019USD ($)
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 65.3

REVENUES - Disaggregation of Re

REVENUES - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Disaggregation of Revenue [Line Items]
Net revenues	$ 3,045,446	$ 13,848,660	$ 11,811,177	$ 11,026,147
Wholesale
Disaggregation of Revenue [Line Items]
Net revenues		9,196,226
Direct-to-consumer
Disaggregation of Revenue [Line Items]
Net revenues		4,556,514
Royalty
Disaggregation of Revenue [Line Items]
Net revenues		95,920
United States
Disaggregation of Revenue [Line Items]
Net revenues		8,126,280
International
Disaggregation of Revenue [Line Items]
Net revenues		5,722,380
Outdoor
Disaggregation of Revenue [Line Items]
Net revenues		4,649,024
Outdoor | Wholesale
Disaggregation of Revenue [Line Items]
Net revenues		2,865,630
Outdoor | Direct-to-consumer
Disaggregation of Revenue [Line Items]
Net revenues		1,770,580
Outdoor | Royalty
Disaggregation of Revenue [Line Items]
Net revenues		12,814
Outdoor | United States
Disaggregation of Revenue [Line Items]
Net revenues		2,246,706
Outdoor | International
Disaggregation of Revenue [Line Items]
Net revenues		2,402,318
Active
Disaggregation of Revenue [Line Items]
Net revenues		4,721,792
Active | Wholesale
Disaggregation of Revenue [Line Items]
Net revenues		2,460,692
Active | Direct-to-consumer
Disaggregation of Revenue [Line Items]
Net revenues		2,234,053
Active | Royalty
Disaggregation of Revenue [Line Items]
Net revenues		27,047
Active | United States
Disaggregation of Revenue [Line Items]
Net revenues		2,499,393
Active | International
Disaggregation of Revenue [Line Items]
Net revenues		2,222,399
Work
Disaggregation of Revenue [Line Items]
Net revenues		1,862,017
Work | Wholesale
Disaggregation of Revenue [Line Items]
Net revenues		1,678,473
Work | Direct-to-consumer
Disaggregation of Revenue [Line Items]
Net revenues		160,970
Work | Royalty
Disaggregation of Revenue [Line Items]
Net revenues		22,574
Work | United States
Disaggregation of Revenue [Line Items]
Net revenues		1,492,548
Work | International
Disaggregation of Revenue [Line Items]
Net revenues		369,469
Jeans
Disaggregation of Revenue [Line Items]
Net revenues		2,491,769
Jeans | Wholesale
Disaggregation of Revenue [Line Items]
Net revenues		2,169,088
Jeans | Direct-to-consumer
Disaggregation of Revenue [Line Items]
Net revenues		289,196
Jeans | Royalty
Disaggregation of Revenue [Line Items]
Net revenues		33,485
Jeans | United States
Disaggregation of Revenue [Line Items]
Net revenues		1,763,575
Jeans | International
Disaggregation of Revenue [Line Items]
Net revenues		728,194
Other
Disaggregation of Revenue [Line Items]
Net revenues		124,058
Other | Wholesale
Disaggregation of Revenue [Line Items]
Net revenues		22,343
Other | Direct-to-consumer
Disaggregation of Revenue [Line Items]
Net revenues		101,715
Other | Royalty
Disaggregation of Revenue [Line Items]
Net revenues		0
Other | United States
Disaggregation of Revenue [Line Items]
Net revenues		124,058
Other | International
Disaggregation of Revenue [Line Items]
Net revenues		$ 0

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) $ in Thousands, $ in Millions

Jun. 01, 2018USD ($)

Apr. 03, 2018USD ($)

Apr. 03, 2018NZD ($)

Oct. 02, 2017USD ($)

Mar. 30, 2019USD ($)

Mar. 30, 2019NZD ($)

Dec. 29, 2018USD ($)

Sep. 29, 2018USD ($)

Jun. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Dec. 30, 2017USD ($)

Mar. 30, 2019USD ($)

Sep. 29, 2018USD ($)

Dec. 29, 2018USD ($)

Dec. 29, 2018NZD ($)

Mar. 30, 2019USD ($)

Mar. 30, 2019NZD ($)

Dec. 30, 2017USD ($)

Dec. 31, 2016USD ($)

Business Acquisition [Line Items]

Transaction costs

$ 57,100

$ 62,600

$ 53,200

$ 18,800

$ 191,700

Goodwill, purchase adjustments

$ 9,974

Trademarks

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

16 years

16 years

16 years

16 years

Customer relationships

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

18 years

17 years

17 years

18 years

Williamson-Dickie Mfg. Co.

Business Acquisition [Line Items]

Percentage of voting interests acquired

100.00%

Payments to acquire businesses

$ 800,700

$ 798,400

Adjustment, consideration transferred

(2,300)

Revenues

$ 247,200

$ 233,100

$ 471,900

Net income

4,900

$ 9,600

$ 33,300

Intangible assets

397,755

Transaction costs

$ 15,000

$ 12,200

Purchase price

798,395

Williamson-Dickie Mfg. Co. | Trademarks

Business Acquisition [Line Items]

Intangible assets

800

Estimated useful lives of intangible assets

3 years

Williamson-Dickie Mfg. Co. | Customer relationships

Business Acquisition [Line Items]

Intangible assets

78,600

Williamson-Dickie Mfg. Co. | Distribution Rights

Business Acquisition [Line Items]

Intangible assets

$ 2,300

Estimated useful lives of intangible assets

4 years

Williamson-Dickie Mfg. Co. | Acquisition-related Costs

Business Acquisition [Line Items]

Expense related to executive compensation plans

41,600

$ 4,100

Icebreaker Holdings, Ltd

Business Acquisition [Line Items]

Percentage of voting interests acquired

100.00%

Payments to acquire businesses

$ 198,500

$ 274.4

197,600

$ 273

Adjustment, consideration transferred

$ 700

$ 0.9

$ (900)

$ (1.4)

Revenues

174,200

Net income

14,600

Intangible assets

98,041

Transaction costs

7,400

1,400

$ 4,100

1,900

Revenue of acquiree since acquisition date, percentage of revenue

1.30%

1.30%

Earnings of acquiree since acquisition date, percentage of earnings

1.20%

1.20%

Gain on derivative

9,900

4,300

$ 300

$ 5,300

Purchase price

$ 197,609

Icebreaker Holdings, Ltd | Customer relationships

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

11 years 6 months

11 years 6 months

Finite-lived intangibles

$ 27,800

Icebreaker Holdings, Ltd | Distribution Rights

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

4 years

4 years

Finite-lived intangibles

$ 200

Altra

Business Acquisition [Line Items]

Percentage of voting interests acquired

100.00%

Payments to acquire businesses

$ 131,700

Adjustment, consideration transferred

$ (100)

Revenues

50,200

Net income

$ 800

Intangible assets

59,700

Purchase price

$ 131,557

$ 131.6

Goodwill, purchase adjustments

$ 1,500

Altra | Customer relationships

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

15 years

Finite-lived intangibles

$ 13,000

Altra | Distribution Rights

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

4 years

Finite-lived intangibles

$ 300

Minimum

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

3 years

3 years

Minimum | Williamson-Dickie Mfg. Co. | Customer relationships

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

10 years

Maximum

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

24 years

24 years

Maximum | Williamson-Dickie Mfg. Co. | Customer relationships

Business Acquisition [Line Items]

Estimated useful lives of intangible assets

13 years

Trademarks | Williamson-Dickie Mfg. Co.

Business Acquisition [Line Items]

Intangible assets

$ 316,100

Trademarks | Icebreaker Holdings, Ltd

Business Acquisition [Line Items]

Indefinite-lived intangible assets

$ 70,100

Trademarks | Altra

Business Acquisition [Line Items]

Indefinite-lived intangible assets

$ 46,400

Work

Business Acquisition [Line Items]

Goodwill, purchase adjustments

$ 9,974

Work | Williamson-Dickie Mfg. Co.

Business Acquisition [Line Items]

Goodwill, expected tax deductible amount

$ 52,300

Selling, general and administrative expenses | Altra

Business Acquisition [Line Items]

Transaction costs

$ 2,300

ACQUISITIONS - Purchase Price (

ACQUISITIONS - Purchase Price (Details) $ in Thousands, $ in Millions	Jun. 01, 2018USD ($)	Apr. 03, 2018USD ($)	Oct. 02, 2017USD ($)	Dec. 29, 2018NZD ($)	Mar. 30, 2019USD ($)	Mar. 31, 2018USD ($)	Dec. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Business Acquisition [Line Items]
Goodwill					$ 1,754,884	$ 1,693,219	$ 1,692,644	$ 1,554,667
Williamson-Dickie Mfg. Co.
Business Acquisition [Line Items]
Cash and equivalents			$ 60,172
Accounts receivable			146,403
Inventories			251,778
Other current assets			8,447
Property, plant and equipment			105,119
Intangible assets			397,755
Other assets			9,665
Total assets acquired			979,339
Short-term borrowings			17,565
Accounts payable			88,052
Other current liabilities			109,964
Deferred income tax liabilities			15,160
Other noncurrent liabilities			33,066
Total liabilities assumed			263,807
Net assets acquired			715,532
Goodwill			82,863
Purchase price			$ 798,395
Icebreaker
Business Acquisition [Line Items]
Cash and equivalents		$ 6,444
Accounts receivable		16,781
Inventories		31,728
Other current assets		3,931
Property, plant and equipment		3,858
Intangible assets		98,041
Other assets		4,758
Total assets acquired		165,541
Short-term borrowings		7,235
Accounts payable		2,075
Other current liabilities		21,262
Deferred income tax liabilities		26,870
Other noncurrent liabilities		433
Total liabilities assumed		57,875
Net assets acquired		107,666
Goodwill		89,943
Purchase price		$ 197,609
Altra
Business Acquisition [Line Items]
Accounts receivable	$ 11,629
Inventories	9,310
Other current assets	575
Property, plant and equipment	1,107
Intangible assets	59,700
Total assets acquired	82,321
Accounts payable	5,068
Other current liabilities	7,415
Total liabilities assumed	12,483
Net assets acquired	69,838
Goodwill	61,719
Purchase price	$ 131,557			$ 131.6

ACQUISITIONS - Pro Forma Summar

ACQUISITIONS - Pro Forma Summary (Details) - Williamson-Dickie Mfg. Co. - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 30, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Total revenues	$ 12,475,116	$ 11,888,704
Income from continuing operations	$ 763,563	$ 1,097,572
Earnings per common share from continuing operations
Basic (in USD per share)	$ 1.91	$ 2.64
Diluted (in USD per share)	$ 1.89	$ 2.60

ACCOUNTS RECEIVABLE - Component

ACCOUNTS RECEIVABLE - Components of Accounts Receivable (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total accounts receivable	$ 1,737,172	$ 1,433,580	$ 1,456,252
Less allowance for doubtful accounts	28,376	24,993	26,266
Accounts receivable, net	1,708,796	1,408,587	1,429,986
Trade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total accounts receivable	1,625,495	1,347,896	1,365,321
Royalty and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total accounts receivable	$ 111,677	$ 85,684	$ 90,931

DISCONTINUED OPERATIONS AND O_3

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Narrative (Details) € in Millions		Oct. 26, 2018USD ($)	Oct. 05, 2018USD ($)	Oct. 05, 2018EUR (€)	Apr. 30, 2018USD ($)	Apr. 28, 2017USD ($)	Aug. 26, 2016USD ($)	Mar. 30, 2019USD ($)	Dec. 29, 2018USD ($)	Sep. 29, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 30, 2017USD ($)	Sep. 30, 2017USD ($)	Jul. 01, 2017USD ($)	Apr. 01, 2017USD ($)	Mar. 30, 2019USD ($)	Dec. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations, net of tax								$ 0	$ 383,000	$ 0	$ 405,000	$ (8,371,000)	$ (17,290,000)	$ (87,680,000)	$ 2,797,000	$ (4,113,000)	$ 788,000	$ (106,286,000)	$ (4,748,000)
Goodwill impairment charges												0					0	0	39,300,000
Proceeds from sale of businesses, net of cash sold	[1]											0					430,286,000	214,968,000	115,983,000
Charges												14,927,000					95,336,000	27,047,000
Selling, general and administrative expenses												1,229,046,000					5,345,339,000	4,453,207,000	3,901,122,000
Cost of goods sold												1,506,335,000					6,827,481,000	5,844,941,000	5,589,923,000
Discontinued Operations, Disposed of by Sale | Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business					$ 285,800,000
After-tax loss on sale					$ (38,200,000)
Increase (decrease) in gain (loss) from disposal of discontinued operations												(18,100,000)					5,400,000	(25,500,000)
Discontinued Operations, Disposed of by Sale | LSG
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business						$ 213,500,000
After-tax loss on sale																		(4,100,000)
Income (loss) from discontinued operations, net of tax																		(4,600,000)	63,300,000
Discontinued Operations, Disposed of by Sale | JanSport Collegiate Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
After-tax loss on sale																		(200,000)
Income (loss) from discontinued operations, net of tax																		(6,500,000)	(1,000,000)
Proceeds from sale of businesses, net of cash sold																		1,500,000
Discontinued Operations, Disposed of by Sale | Contemporary Brands
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
After-tax loss on sale																			(104,400,000)
Income (loss) from discontinued operations, net of tax																			(98,400,000)
Discontinued Operations | Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations, net of tax												$ (8,371,000)					788,000	(95,200,000)	31,400,000
Goodwill impairment charges																		$ 104,700,000
Discontinued Operations | Contemporary Brands
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business							$ 116,000,000
After-tax loss on sale																			$ (104,400,000)
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Reef
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business		$ 139,400,000
After-tax loss on sale																	(14,400,000)
Period of continuing involvement after disposal		21 months
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Van Moer
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business			$ 8,100,000	€ 7
After-tax loss on sale																	(22,400,000)
Maximum | Discontinued Operations, Disposed of by Sale | Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Period of continuing involvement after disposal					12 months
Maximum | Discontinued Operations, Disposed of by Sale | LSG
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Period of continuing involvement after disposal						24 months
Spinoff
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Charges																	131,700,000
Selling, general and administrative expenses																	104,900,000
Cost of goods sold																	$ 26,800,000
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

ACCOUNTS RECEIVABLE - Narrative

ACCOUNTS RECEIVABLE - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016	Aug. 31, 2018
Receivables [Abstract]
Maximum amount of accounts receivable sold at any point in time	$ 367.5		$ 367.5		$ 377.5
Sale of accounts receivable	258.5	$ 1,110.7	1,180.7	$ 1,333.9
Decrease in receivables related to balances sold	191.2	182.1	219.1
Funding fee	$ 1.1	$ 5.8	$ 3.9	$ 3.4

DISCONTINUED OPERATIONS AND O_4

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Summary of Major Line Items included in Income (Loss) from Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations, net of tax	$ 0	$ 383	$ 0	$ 405	$ (8,371)	$ (17,290)	$ (87,680)	$ 2,797	$ (4,113)	$ 788	$ (106,286)	$ (4,748)
Nautica | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues					94,362					21,913
Cost of goods sold					48,946					14,706
Selling, general and administrative expenses					34,649					12,391
Impairment of goodwill					0					0
Interest expense, net					0					0
Other income, net					0					272
(Loss) income from discontinued operations before income taxes					10,767					(4,912)
Gain (loss) on the sale of discontinued operations before income taxes					(18,065)					4,589
Total loss from discontinued operations before income taxes					(7,298)					(323)
Income tax benefit (expense) (a)					(1,073)					1,111
Income (loss) from discontinued operations, net of tax					$ (8,371)					$ 788	(95,200)	31,400
Nautica | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, deferred income tax expense (benefit)											8,600
Licensing Business and Nautica | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues											588,383
Cost of goods sold											349,382
Selling, general and administrative expenses											191,898
Impairment of goodwill											104,651
Interest expense, net											(27)
Other income, net											6
(Loss) income from discontinued operations before income taxes											(57,569)
Gain (loss) on the sale of discontinued operations before income taxes											(34,019)
Total loss from discontinued operations before income taxes											(91,588)
Income tax benefit (expense) (a)											(14,698)
Income (loss) from discontinued operations, net of tax											$ (106,286)
Nautica, LSG and Contemporary Brands | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues												1,180,677
Cost of goods sold												691,715
Selling, general and administrative expenses												354,773
Impairment of goodwill												0
Interest expense, net												(199)
Other income, net												2
(Loss) income from discontinued operations before income taxes												133,992
Gain (loss) on the sale of discontinued operations before income taxes												(154,275)
Total loss from discontinued operations before income taxes												(20,283)
Income tax benefit (expense) (a)												15,535
Income (loss) from discontinued operations, net of tax												$ (4,748)

DISCONTINUED OPERATIONS AND O_5

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Summary of Carrying Amounts of Assets and Liabilities for Discontinued Operations (Details) - Discontinued Operations - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash	$ 0	$ 2,330
Accounts receivable, net	0	26,298
Inventories	0	55,610
Other current assets	0	1,247
Property, plant and equipment, net	0	15,021
Intangible assets	0	262,202
Goodwill	0	49,005
Other assets	0	3,961
Allowance to reduce assets to estimated fair value, less costs to sell	0	(42,094)
Total assets of discontinued operations	0	373,580
Accounts payable	0	11,619
Accrued liabilities	0	10,658
Other liabilities	0	11,912
Deferred income tax liabilities	0	51,838
Total liabilities of discontinued operations	$ 0	$ 86,027
Licensing Business and Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash			$ 2,592
Accounts receivable, net			27,941
Inventories			43,297
Other current assets			2,497
Property, plant and equipment, net			14,914
Intangible assets			262,352
Goodwill			49,005
Other assets			3,631
Allowance to reduce assets to estimated fair value, less costs to sell			(25,529)
Total assets of discontinued operations			380,700
Accounts payable			16,993
Accrued liabilities			18,203
Other liabilities			12,011
Deferred income tax liabilities			53,812
Total liabilities of discontinued operations			$ 101,019

DISCONTINUED OPERATIONS AND O_6

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Summary of Cash Flows Line Items for Discontinued Operations (Details) - Discontinued Operations - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization	$ 600		$ 14,000	$ 27,400
Licensing Business, Contemporary Brands And Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization			14,023	27,360
Capital expenditures			2,592	4,795
Nautica
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of goodwill	$ 0	$ 0
Contemporary Brands
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of goodwill			$ 104,651	$ 0

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Inventory Disclosure [Abstract]
Finished products	$ 1,711,264	$ 1,654,137	$ 1,490,788
Work-in-process	114,356	103,757	110,467
Raw materials	117,410	103,547	105,354
Total inventories	$ 1,943,030	$ 1,861,441	$ 1,706,609

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 2,591,938	$ 2,474,435	$ 2,489,523
Less accumulated depreciation and amortization	1,534,670	1,462,818	1,474,885
Property, plant and equipment, net	1,057,268	1,011,617	1,014,638
Land and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	100,715	103,158	104,257
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	1,113,917	1,076,091	1,070,884
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 1,377,306	$ 1,295,186	$ 1,314,382

INTANGIBLE ASSETS - Schedule of

INTANGIBLE ASSETS - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, net carrying amount	$ 263,593	$ 251,754	$ 267,503
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, net	2,120,110	2,024,277	2,089,781
Trademarks and trade names
Indefinite-lived Intangible Assets [Line Items]
Trademarks and trade names	$ 1,856,517	$ 1,772,523	$ 1,822,278
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, weighted average amortization period (in years)	18 years	17 years	18 years
Amortizable intangible assets, cost	$ 344,613	$ 341,625	$ 338,209
Amortizable intangible assets, accumulated amortization	143,069	143,433	133,994
Amortizable intangible assets, net carrying amount	$ 201,544	$ 198,192	$ 204,215
License agreements
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, weighted average amortization period (in years)	20 years	19 years	20 years
Amortizable intangible assets, cost	$ 20,171	$ 7,536	$ 19,996
Amortizable intangible assets, accumulated amortization	13,915	4,729	13,660
Amortizable intangible assets, net carrying amount	$ 6,256	$ 2,807	$ 6,336
Trademarks
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, weighted average amortization period (in years)	16 years	16 years	16 years
Amortizable intangible assets, cost	$ 58,932	$ 58,932	$ 58,932
Amortizable intangible assets, accumulated amortization	8,309	12,209	7,333
Amortizable intangible assets, net carrying amount	$ 50,623	$ 46,723	$ 51,599
Other
Finite-Lived Intangible Assets [Line Items]
Amortizable intangible assets, weighted average amortization period (in years)	9 years	8 years	9 years
Amortizable intangible assets, cost	$ 9,194	$ 8,202	$ 9,001
Amortizable intangible assets, accumulated amortization	4,024	4,170	3,648
Amortizable intangible assets, net carrying amount	$ 5,170	$ 4,032	$ 5,353

INTANGIBLE ASSETS - Narrative (

INTANGIBLE ASSETS - Narrative (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 30, 2019USD ($)	Dec. 30, 2017USD ($)	Dec. 31, 2016USD ($)	Jun. 30, 2018USD ($)
Indefinite-lived Intangible Assets [Line Items]
Impairment of indefinite lived intangible assets		$ 0	$ 0
Amortization of intangible assets	$ 7,600,000	30,700,000	20,000,000	$ 18,800,000
Estimated amortization expense, 2020		30,000,000
Estimated amortization expense, 2021		28,500,000
Estimated amortization expense, 2022		26,800,000
Estimated amortization expense, 2023		25,300,000
Estimated amortization expense, 2024		24,300,000
Amortizable intangible assets, net carrying amount	263,593,000	251,754,000	267,503,000
Lucy | Trademarks | Outdoor
Indefinite-lived Intangible Assets [Line Items]
Impairment of indefinite lived intangible assets				$ 40,300,000
Trademarks
Indefinite-lived Intangible Assets [Line Items]
Amortizable intangible assets, net carrying amount	$ 50,623,000	$ 46,723,000	$ 51,599,000
Measurement Input, Royalty Rate | Trademarks
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, measurement input					0.04
Rock and Republic | Trademarks
Indefinite-lived Intangible Assets [Line Items]
Amortizable intangible assets, net carrying amount					$ 49,000,000

GOODWILL - Changes in Goodwill

GOODWILL - Changes in Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 1,692,644	$ 1,693,219	$ 1,554,667
Measurement period adjustment to 2017 acquisition (Note 3)	(9,974)
Acquisitions		151,662	92,837
Fiscal 2019 divestitures		(48,381)
Currency translation	10,549	(41,616)	45,140
Goodwill, ending balance	1,693,219	1,754,884	1,692,644
Outdoor
Goodwill [Roll Forward]
Goodwill, beginning balance	842,274	844,726	832,937
Measurement period adjustment to 2017 acquisition (Note 3)	0
Acquisitions		151,662	0
Fiscal 2019 divestitures		0
Currency translation	2,452	(12,499)	9,337
Goodwill, ending balance	844,726	983,889	842,274
Active
Goodwill [Roll Forward]
Goodwill, beginning balance	456,774	463,187	429,354
Measurement period adjustment to 2017 acquisition (Note 3)	0
Acquisitions		0	0
Fiscal 2019 divestitures		(48,329)
Currency translation	6,413	(20,902)	27,420
Goodwill, ending balance	463,187	393,956	456,774
Work
Goodwill [Roll Forward]
Goodwill, beginning balance	181,708	172,472	89,011
Measurement period adjustment to 2017 acquisition (Note 3)	(9,974)
Acquisitions		0	92,837
Fiscal 2019 divestitures		(52)
Currency translation	738	(1,604)	(140)
Goodwill, ending balance	172,472	170,816	181,708
Jeans
Goodwill [Roll Forward]
Goodwill, beginning balance	211,888	212,834	203,365
Measurement period adjustment to 2017 acquisition (Note 3)	0
Acquisitions		0	0
Fiscal 2019 divestitures		0
Currency translation	946	(6,611)	8,523
Goodwill, ending balance	$ 212,834	$ 206,223	$ 211,888

GOODWILL - Narrative (Details)

GOODWILL - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Goodwill [Line Items]
Goodwill impairment charges	$ 0	$ 0	$ 0	$ 39,300,000
Divestitures		48,381,000
Cumulative impairment charges		0
Active
Goodwill [Line Items]
Divestitures		48,329,000
Cumulative impairment charges	31,100,000	$ 31,100,000	31,100,000
Lucy
Goodwill [Line Items]
Goodwill impairment charges			$ 104,700,000
Goodwill, decrease	$ 51,600,000

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Other Assets [Abstract]
Computer software, net of accumulated amortization of: March 2019 - $215,491; March 2018 - $183,200; December 2017 - $171,147	$ 224,601	$ 239,935	$ 232,237
Investments held for deferred compensation plans (Note 15)	206,633	201,870	203,780
Deferred income taxes (Note 18)	109,551	105,493	103,601
Pension assets (Note 15)	117,405	76,671	82,296
Deposits	53,602	45,321	45,225
Partnership stores and shop-in-shop costs, net of accumulated amortization of: March 2019 - $100,125; March 2018 - $123,812; December 2017 - $118,643	31,655	33,161	34,149
Derivative financial instruments (Note 23)	9,189	4,659	2,199
Other investments	13,071	12,433	12,697
Deferred line of credit issuance costs	2,121	961	1,078
Other	79,071	82,537	66,413
Other assets	846,899	803,041	783,675
Accumulated amortization	215,491	183,200	171,147
Partnership stores, accumulated amortization	$ 100,125	$ 123,812	$ 118,643

SHORT-TERM BORROWINGS - Summary

SHORT-TERM BORROWINGS - Summary of Short-Term Borrowings (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Debt Disclosure [Abstract]
Commercial paper borrowings	$ 650,000	$ 1,500,000	$ 705,000
International borrowing arrangements	15,055	25,106	24,384
Short-term borrowings	$ 665,055	$ 1,525,106	$ 729,384

SHORT-TERM BORROWINGS - Narrati

SHORT-TERM BORROWINGS - Narrative (Details) - USD ($)	12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Mar. 31, 2018	Dec. 30, 2017
Short-term Debt [Line Items]
Restricted covenants	60.00%
Commercial paper borrowings	$ 650,000,000		$ 1,500,000,000	$ 705,000,000
Commercial Paper
Short-term Debt [Line Items]
Commercial paper borrowings	$ 650,000,000		1,500,000,000	705,000,000
Global Credit Facility
Short-term Debt [Line Items]
Credit facility fee	0.65%
Credit facility amount available for borrowing	$ 1,580,000,000		734,700,000	1,530,000,000
Global Credit Facility | Letter of Credit
Short-term Debt [Line Items]
Debt capacity	$ 50,000,000
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%
Revolving Credit Facility
Short-term Debt [Line Items]
Credit facility fee	0.70%
Revolving Credit Facility | Letter of Credit
Short-term Debt [Line Items]
Debt capacity		$ 2,250,000,000
Revolving Credit Facility | LIBOR
Short-term Debt [Line Items]
Debt instrument basis spread on variable rate	8.05%
International Lending Agreements
Short-term Debt [Line Items]
Debt capacity	$ 179,500,000
Letter of credit, outstanding	$ 15,100,000		$ 25,100,000	$ 24,400,000
Weighted average interest rate of international bank borrowings	24.60%		12.00%	9.90%
Senior Unsecured | Global Credit Facility
Short-term Debt [Line Items]
Debt capacity		$ 2,250,000,000
Senior Unsecured | Global Credit Facility | Letter of Credit
Short-term Debt [Line Items]
Letter of credit, outstanding	$ 15,300,000

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016
Accrued Liabilities [Abstract]
Compensation	$ 341,988	$ 135,247	$ 249,929
Customer discounts and allowances	225,484	28,604	46,169
Other taxes	153,355	160,173	155,969
Income taxes	68,054	67,417	134,837
Restructuring	86,602	42,757	32,438
Advertising	40,938	40,322	48,554
Freight, duties and postage	40,703	46,281	43,584
Deferred compensation (Note 15)	18,226	33,590	38,885
Interest	23,250	25,483	16,317
Derivative financial instruments (Note 23)	18,590	96,087	87,205
Insurance	15,634	18,867	17,814
Product warranty claims (Note 14)	12,618	12,862	12,833	$ 12,993
Pension liabilities (Note 15)	10,260	32,814	27,277
Other	240,851	197,923	234,724
Accrued liabilities	$ 1,296,553	$ 938,427	$ 1,146,535

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Debt Instrument [Line Items]
Capital leases	$ 34,132	$ 40,397	$ 41,881
Total long-term debt	2,121,147	2,218,820	2,193,954
Less current portion	5,263	6,265	6,165
Long-term debt, due beyond one year	2,115,884	2,212,555	2,187,789
Notes Payable | 3.50% notes, due 2021
Debt Instrument [Line Items]
Total long-term debt	$ 498,450	497,852	497,705
Notes, stated percentage	3.50%
Notes Payable | 6.00% notes, due 2033
Debt Instrument [Line Items]
Total long-term debt	$ 292,982	292,648	292,568
Notes, stated percentage	6.00%
Notes Payable | 6.45% notes, due 2037
Debt Instrument [Line Items]
Total long-term debt	$ 346,534	346,346	346,300
Notes, stated percentage	6.45%
0.625% notes, due 2023 | Notes Payable
Debt Instrument [Line Items]
Total long-term debt	$ 949,049	$ 1,041,577	$ 1,015,500
Notes, stated percentage	0.625%

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)	12 Months Ended
	Mar. 30, 2019USD ($)	Mar. 30, 2019EUR (€)	Mar. 31, 2018USD ($)	Dec. 30, 2017USD ($)
Debt Instrument [Line Items]
Redemption price percentage	100.00%
Assets under capital lease	$ 66,200,000
Accumulated amortization of assets under capital lease	40,600,000		$ 35,200,000	$ 33,800,000
Notes Payable
Debt Instrument [Line Items]
Cross - acceleration trigger, other note	$ 100,000,000
Repurchase obligation percentage	101.00%
Notes Payable | 6.00% notes, due 2033
Debt Instrument [Line Items]
Cross - acceleration trigger, other note	$ 50,000,000
Additional Basis point	0.15%
Long - term debt, face amount	$ 300,000,000
Effective annual interest rate	6.19%	6.19%
Notes, stated percentage	6.00%	6.00%
Notes Payable | 6.45% notes, due 2037
Debt Instrument [Line Items]
Cross - acceleration trigger, other note	$ 100,000,000
Repurchase obligation percentage	101.00%
Additional Basis point	0.25%
Long - term debt, face amount	$ 350,000,000
Notes, stated percentage	6.45%	6.45%
Notes Payable | 3.50% notes, due 2021
Debt Instrument [Line Items]
Cross - acceleration trigger, other note	$ 100,000,000
Repurchase obligation percentage	101.00%
Redemption price percentage	100.00%
Additional Basis point	0.20%
Long - term debt, face amount	$ 500,000,000
Effective annual interest rate	4.69%	4.69%
Notes, stated percentage	3.50%	3.50%
Capital Lease Obligations
Debt Instrument [Line Items]
Effective annual interest rate	3.37%	3.37%
0.625% notes, due 2023 | Notes Payable
Debt Instrument [Line Items]
Cross - acceleration trigger, other note	$ 100,000,000
Repurchase obligation percentage	101.00%
Additional Basis point	0.15%
Long - term debt, face amount | €		€ 850,000,000
Effective annual interest rate	0.712%	0.712%
Notes, stated percentage	0.625%	0.625%

LONG-TERM DEBT - Schedule of _2

LONG-TERM DEBT - Schedule of Long-term Debt and Future Minimum Lease Payments for Capital Leases (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Notes and Other
2020	$ 0
2021	0
2022	500,000
2023	0
2024	953,785
Thereafter	650,000
Total, notes and other	2,103,785
Less unamortized debt discount	6,531
Less unamortized debt issuance costs	10,239
Less amounts representing interest	0
Total long-term debt	2,087,015
Less current portion	0
Long-term debt, due beyond one year	2,087,015
Capital Leases
2020	6,293
2021	6,040
2022	2,287
2023	1,614
2024	1,691
Thereafter	23,495
Total, capital leases	41,420
Less amounts representing interest	7,288
Total long-term debt	34,132	$ 40,397	$ 41,881
Less current portion	5,263
Long-term debt, due beyond one year	28,869
Total
2020	6,293
2021	6,040
2022	502,287
2023	1,614
2024	955,476
Thereafter	673,495
Total	2,145,205
Less unamortized debt discount	6,531
Less unamortized debt issuance costs	10,239
Less amounts representing interest	7,288
Total long-term debt	2,121,147	2,218,820	2,193,954
Less current portion	5,263	6,265	6,165
Long-term debt, due beyond one year	$ 2,115,884	$ 2,212,555	$ 2,187,789

OTHER LIABILITIES - Components

OTHER LIABILITIES - Components of Other Liabilities (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016
Other Liabilities Disclosure [Abstract]
Deferred income taxes (Note 18)	$ 68,864	$ 40,887	$ 58,036
Deferred compensation (Note 15)	181,110	198,780	201,116
Income taxes	629,176	632,321	628,713
Pension liabilities (Note 15)	174,982	176,582	189,191
Deferred rent credits	96,276	87,267	85,857
Product warranty claims	49,301	49,689	49,733	$ 49,879
Derivative financial instruments (Note 23)	3,747	10,087	12,833
Other	77,325	76,217	81,234
Other liabilities	$ 1,280,781	$ 1,271,830	$ 1,306,713

OTHER LIABILITIES - Accrued Pro

OTHER LIABILITIES - Accrued Product Warranty Claims (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Balance, beginning of year	$ 62,566	$ 62,551	$ 62,872	$ 63,114
Accrual for products sold during the year	3,828	13,082	10,584	12,022
Repair or replacement costs incurred	(4,126)	(12,778)	(12,654)	(11,956)
Currency translation	283	(936)	1,764	(308)
Balance, end of year	62,551	61,919	62,566	62,872
Less current portion (Note 12)	12,862	12,618	12,833	12,993
Long-term portion	$ 49,689	$ 49,301	$ 49,733	$ 49,879

RETIREMENT AND SAVINGS BENEFI_3

RETIREMENT AND SAVINGS BENEFIT PLANS - Narrative (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 30, 2019USD ($)	Dec. 30, 2017USD ($)	Dec. 31, 2016USD ($)participant
Defined Benefit Plan Disclosure [Line Items]
Percentage of U.S. plan		91.00%
Projected benefit obligation		88.00%
Project benefit obligation amortized over five years minimum		20.00%
Number of years amortized		5 years
Projected benefit obligations amortized over the expected average remaining service of active participants minimum		10.00%
Projected benefit obligations amortized over the expected average remaining service of active participants maximum		20.00%
Plan assets or projected benefit obligations unamortized, maximum percentage		10.00%
Deferred actuarial losses to be amortized to pension expenses		$ 16,000
Estimated future benefit payments, 2020		94,600
Estimated future benefit payments, 2021		96,200
Estimated future benefit payments, 2022		99,200
Estimated future benefit payments, 2023		101,300
Estimated future benefit payments, 2024		103,100
Estimated future benefit payments, 2025-2029		531,300
VF's current liability to participants of the deferred compensation plans	$ 33,590	18,226	$ 38,885
VF's liability to participants of the deferred compensation plans, expected to be paid beyond one year	198,780	181,110	201,116
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Curtailments charges	0	9,530	1,671	$ 0
Pension settlement charge	0	8,856	0	$ 50,922
Number of participants that accepted a distribution | participant				9,400
Percentage of eligible participants				66.00%
Reduction in the total number of participants				(23.00%)
Lump-sum distribution				$ 197,100
Settled projected benefit obligation				224,700
Other Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
VF contribution, next fiscal year		17,700
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation plans expense	500	1,700	1,300	1,700
Deferred compensation liability, current and noncurrent		199,300
VF's current liability to participants of the deferred compensation plans		18,200
VF's liability to participants of the deferred compensation plans, expected to be paid beyond one year		181,100
Fair value of investments		224,400
Defined contribution plans expense	$ 16,800	46,400	41,200	$ 39,700
Other Current Assets | Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of investments		17,800
Other Assets | Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of investments		$ 206,600
Qualified Plan | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Curtailments charges			1,100
Nonqualified Plan | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Curtailments charges			$ 600

RETIREMENT AND SAVINGS BENEFI_4

RETIREMENT AND SAVINGS BENEFIT PLANS - Components of Pension Cost (Details) - Pension Plan - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]
Service cost — benefits earned during the period	$ 5,912	$ 22,352	$ 24,890	$ 25,839
Interest cost on projected benefit obligations	14,825	63,434	58,989	68,020
Expected return on plan assets	(25,314)	(93,409)	(94,807)	(99,540)
Settlement charges	0	8,856	0	50,922
Curtailments	0	9,530	1,671	0
Amortization of deferred amounts, Net deferred actuarial losses	8,548	28,474	41,440	65,212
Amortization of deferred amounts, Deferred prior service costs	647	494	2,646	2,584
Total pension expense	$ 4,618	$ 39,731	$ 34,829	$ 113,037
Weighted average actuarial assumptions used to determine pension expense:
Discount rate in effect for determining service cost	3.58%	3.85%	4.08%	4.54%
Discount rate in effect for determining interest cost	3.13%	3.51%	3.26%	3.56%
Expected long-term return on plan assets	5.72%	5.58%	5.72%	5.81%
Rate of compensation increase	3.73%	3.73%	3.78%	3.90%

RETIREMENT AND SAVINGS BENEFI_5

RETIREMENT AND SAVINGS BENEFIT PLANS - Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Amounts included in Consolidated Balance Sheets:
Other assets (Note 10)	$ 76,671	$ 117,405	$ 82,296
Accrued liabilities (Note 12)	(32,814)	(10,260)	(27,277)
Other liabilities (Note 14)	(176,582)	(174,982)	(189,191)
Pension Plan
Fair value of plan assets
Fair value of plan assets, beginning of period	1,809,649	1,751,760	1,673,297
Actual return on plan assets	(39,495)	82,947	204,017
VF contributions	3,205	41,581	9,807
Participant contributions	1,018	4,136	4,011
Benefits paid	(27,441)	(118,513)	(93,900)
Currency translation	4,824	(10,817)	12,417
Fair value of plan assets, end of period	1,751,760	1,751,094	1,809,649	$ 1,673,297
Projected benefit obligations
Projected benefit obligations, beginning of period	1,943,821	1,884,485	1,808,327
Service cost	5,912	22,352	24,890	25,839
Interest cost	14,825	63,434	58,989	68,020
Participant contributions	1,018	4,136	4,011
Actuarial loss (gain)	(59,511)	10,653	131,040
Benefits paid	(27,441)	(118,513)	(93,900)
Plan amendments	0	715	0
Curtailments	0	(33,826)	(5,664)
Currency translation	5,861	(14,505)	16,128
Projected benefit obligations, end of period	1,884,485	1,818,931	1,943,821	$ 1,808,327
Funded status, end of period	(132,725)	(67,837)	(134,172)
Amounts included in Consolidated Balance Sheets:
Other assets (Note 10)	76,671	117,405	82,296
Accrued liabilities (Note 12)	(32,814)	(10,260)	(27,277)
Other liabilities (Note 14)	(176,582)	(174,982)	(189,191)
Funded status	(132,725)	(67,837)	(134,172)
Accumulated other comprehensive loss, pretax:
Net deferred actuarial losses	452,329	399,093	454,463
Deferred prior service costs	9,878	563	10,533
Total accumulated other comprehensive loss, pretax	462,207	399,656	464,996
Accumulated benefit obligations	$ 1,783,600	$ 1,778,910	$ 1,837,776
Weighted average actuarial assumptions used to determine pension obligations:
Discount rate	3.76%	3.68%	3.46%
Rate of compensation increase (a)	3.73%	2.74%	3.73%

RETIREMENT AND SAVINGS BENEFI_6

RETIREMENT AND SAVINGS BENEFIT PLANS - Fair Value of Investments Held by Defined Benefit Plan (Details) - Pension Plan - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets in the fair value hierarchy	$ 74,204	$ 75,055	$ 77,275
Total plan assets measured at net asset value	1,676,890	1,676,705	1,732,374
Total plan assets	1,751,094	1,751,760	1,809,649	$ 1,673,297
Cash equivalents
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets measured at net asset value	36,349	38,833	36,313
Total plan assets	3,023	14,694	8,191
U.S. Treasury and government agencies
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	7	8	8
Insurance contracts
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	71,521	67,444	69,448
Commodities
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	(347)	(7,091)	(372)
Corporate and international bonds
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets measured at net asset value	1,309,123	1,211,103	1,215,558
Alternative investments
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets measured at net asset value	150,993	156,481	154,741
Domestic | Equity Securities
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets measured at net asset value	82,659	114,958	152,154
International | Equity Securities
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets measured at net asset value	97,766	155,330	173,608
Level 1
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	2,676	7,603	7,819
Level 1 | Cash equivalents
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	3,023	14,694	8,191
Level 1 | U.S. Treasury and government agencies
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 1 | Insurance contracts
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 1 | Commodities
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	(347)	(7,091)	(372)
Level 2
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	71,528	67,452	69,456
Level 2 | Cash equivalents
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 2 | U.S. Treasury and government agencies
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	7	8	8
Level 2 | Insurance contracts
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	71,521	67,444	69,448
Level 2 | Commodities
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 3
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 3 | Cash equivalents
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 3 | U.S. Treasury and government agencies
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 3 | Insurance contracts
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	0	0	0
Level 3 | Commodities
Defined Benefit Plan, Plan Assets, Valuation Technique and Inputs [Abstract]
Total plan assets	$ 0	$ 0	$ 0

CAPITAL AND ACCUMULATED OTHER_3

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Repurchase Agreement Counterparty [Line Items]
Common Stock, value, purchased	$ 250,282	$ 150,676	$ 1,200,356	$ 1,000,468
Treasury shares restored as unissued status (in shares)	3,361,101	2,153,719	22,335,314	16,055,057
Treasury shares (in shares)	0	0	0	0
Common Stock, stated value (in USD per share)	$ 0.25	$ 0.25	$ 0.25	$ 0.25
Common Stock held in trust for deferred compensation plans (in shares)		7,680
Common Stock held in trust for deferred compensation plan		$ 700
Share Repurchase Program
Repurchase Agreement Counterparty [Line Items]
Common Stock, shares, purchased (in shares)		1,900,000
Common Stock, value, purchased		$ 150,000

CAPITAL AND ACCUMULATED OTHER_4

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Shares Held for Deferred Compensation Plans (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016
Equity [Abstract]
Shares held for deferred compensation plans (in shares)	0	284,785	317,515	439,667
Cost of shares held for deferred compensation plans	$ 0	$ 3,621	$ 3,901	$ 5,464

CAPITAL AND ACCUMULATED OTHER_5

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCI in Stockholders' Equity (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Equity [Abstract]
Foreign currency translation and other	$ (725,679)	$ (476,869)	$ (546,201)
Defined benefit pension plans	(243,184)	(289,618)	(291,949)
Derivative financial instruments	66,788	(97,543)	(87,990)
Accumulated other comprehensive income (loss)	$ (902,075)	$ (864,030)	$ (926,140)

CAPITAL AND ACCUMULATED OTHER_6

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in Accumulated OCI, Net of Related Taxes (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 3,719,900	$ 3,688,096	$ 4,940,921	$ 5,384,838
Other comprehensive income (loss) before reclassifications	43,402	(101,148)	107,328	269
Amounts reclassified from accumulated other comprehensive income (loss)	18,708	63,103	7,995	1,490
Other comprehensive income (loss)	62,110	(38,045)	115,323	1,759
Ending balance	3,688,096	4,298,516	3,719,900	4,940,921
Foreign Currency Translation and Other
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(546,201)	(476,869)	(794,579)	(718,169)
Other comprehensive income (loss) before reclassifications	69,332	(248,810)	248,378	(76,410)
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0	0
Other comprehensive income (loss)	69,332	(248,810)	248,378	(76,410)
Ending balance	(476,869)	(725,679)	(546,201)	(794,579)
Defined Benefit Pension Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(291,949)	(289,618)	(302,697)	(372,195)
Other comprehensive income (loss) before reclassifications	(4,852)	10,444	(17,970)	(4,357)
Amounts reclassified from accumulated other comprehensive income (loss)	7,183	35,990	28,718	73,855
Other comprehensive income (loss)	2,331	46,434	10,748	69,498
Ending balance	(289,618)	(243,184)	(291,949)	(302,697)
Derivative Financial Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(87,990)	(97,543)	55,813	47,142
Other comprehensive income (loss) before reclassifications	(21,078)	137,218	(123,080)	81,036
Amounts reclassified from accumulated other comprehensive income (loss)	11,525	27,113	(20,723)	(72,365)
Other comprehensive income (loss)	(9,553)	164,331	(143,803)	8,671
Ending balance	(97,543)	66,788	(87,990)	55,813
AOCI Attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(926,140)	(864,030)	(1,041,463)	(1,043,222)
Ending balance	$ (864,030)	$ (902,075)	$ (926,140)	$ (1,041,463)

CAPITAL AND ACCUMULATED OTHER_7

CAPITAL AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassification Out of Accumulated OCI (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net revenues					$ 3,045,446					$ 13,848,660	$ 11,811,177	$ 11,026,147
Cost of goods sold					(1,506,335)					(6,827,481)	(5,844,941)	(5,589,923)
Other income (expense), net					5,233					(63,011)	(10,654)	(85,196)
Selling, general and administrative expenses					(1,229,046)					(5,345,339)	(4,453,207)	(3,901,122)
Income (loss) from discontinued operations, net of tax	$ 0	$ 383	$ 0	$ 405	(8,371)	$ (17,290)	$ (87,680)	$ 2,797	$ (4,113)	788	(106,286)	(4,748)
Interest expense					(24,393)					(108,068)	(101,975)	(94,722)
Total before tax					294,133					1,527,404	1,416,495	1,284,716
Tax expense					(32,969)					(268,400)	(695,286)	(205,862)
Income from continuing operations	$ 128,804	$ 463,126	$ 507,121	$ 159,953	261,164	$ (72,979)	$ 473,820	$ 107,092	$ 213,276	1,259,004	721,209	1,078,854
Amounts reclassified from accumulated other comprehensive income (loss)					(18,708)					(63,103)	(7,995)	(1,490)
Net deferred actuarial losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income (expense), net					(8,548)					(28,474)	(41,440)	(65,212)
Deferred prior service costs
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income (expense), net					(647)					(494)	(2,646)	(2,584)
Pension settlement charges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income (expense), net					0					(8,856)	0	(50,922)
Pension curtailment losses | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other income (expense), net					0					(9,530)	(566)	0
Income (loss) from discontinued operations, net of tax					0					0	(1,105)	0
Amortization of defined benefit pension plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax					(9,195)					(47,354)	(45,757)	(118,718)
Tax expense					2,012					11,364	17,039	44,863
Income from continuing operations					(7,183)					(35,990)	(28,718)	(73,855)
Amounts reclassified from accumulated other comprehensive income (loss)					(7,183)					(35,990)	(28,718)	(73,855)
Gains (losses) on derivative financial instruments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive income (loss)					(11,525)					(27,113)	20,723	72,365
Gains (losses) on derivative financial instruments | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax					(13,960)					(28,341)	24,067	107,457
Tax expense					2,435					1,228	(3,344)	(35,092)
Income from continuing operations					(11,525)					(27,113)	20,723	72,365
Gains (losses) on derivative financial instruments | Foreign exchange contracts | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net revenues					4,948					1,774	33,641	28,798
Cost of goods sold					(13,286)					(20,686)	610	84,613
Other income (expense), net					(2,427)					355	(1,851)	2,864
Selling, general and administrative expenses					(1,981)					(4,772)	(3,610)	(4,314)
Gains (losses) on derivative financial instruments | Interest rate contracts | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense					$ (1,214)					$ (5,012)	$ (4,723)	$ (4,504)

STOCK-BASED COMPENSATION - Tota

STOCK-BASED COMPENSATION - Total Stock-Based Compensation Cost and Associated Income Tax Benefits Related to Stock-Based Compensation Arrangements Recognized and Stock-Based Compensation Costs Included in Inventory (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation cost	[1]	$ 25,440	$ 105,157	$ 81,641	$ 67,762
Income tax benefits		5,771	23,650	26,697	22,870
Stock-based compensation costs included in inventory at period end		$ 2,236	$ 3,165	$ 1,938	$ 1,332
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

STOCK-BASED COMPENSATION - Narr

STOCK-BASED COMPENSATION - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to nonvested stock-based compensation		$ 56
Total unrecognized compensation cost related to nonvested stock-based compensation, period of recognition (years)		1 year
Shares available for future grant (in shares)		27,710,266
Share based compensation vesting period		3 years
Award expiration period from grant date		10 years
Total fair value of stock option vested	$ 28.3	$ 26.8	$ 28	$ 26.7
Total intrinsic value of stock options exercised	$ 57.3	$ 171.6	$ 106.7	$ 86.6
Non employee board of directors and employees in international jurisdiction
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted period of time options become exercisable		1 year
Performance-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation vesting period		3 years
Award expiration period from grant date		3 years
Baseline profitability goal period		3 years
Performance period, years		3 years
Percentage of targets award adjusted to actual number of shares earned		25.00%
Grant date fair value of each restricted units granted (in USD per share)	$ 74.80	$ 80.39	$ 53.69	$ 61.31
Total market value of awards outstanding		$ 121.4
Share earned in period (in shares)			450,175	480,555
Market value of shares vested			$ 36.4	$ 24.3
Performance-based | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of common stock to be issued for each restricted stock unit granted (in shares)		0
Performance-based | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of common stock to be issued for each restricted stock unit granted (in shares)		2
TSR Adjustment Performance-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value of each restricted units granted (in USD per share)	4.61	$ 4.61	$ 2.67	$ 4.48
Nonperformance-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation vesting period		4 years
Grant date fair value of each restricted units granted (in USD per share)	74.80	$ 79.21	$ 57.49	$ 61.83
Total market value of awards outstanding		$ 57.8
Nonperformance-based | Non employee board of directors and employees in international jurisdiction
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award expiration period from grant date		1 year
Number of shares of common stock to be issued for each restricted stock unit granted (in shares)		1
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value of each restricted units granted (in USD per share)	$ 74.70	$ 79.99
Share earned in period (in shares)	53,203	99,682
Market value of shares vested	$ 3.9	$ 8.7	$ 19.4	$ 3.9
Fair value of restricted stock		$ 54.5
Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation vesting period		5 years
Share-based Compensation Award, Tranche One | Nonperformance-based | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation vesting period		2 years
Award vesting rights, percentage		50.00%
Share-based Compensation Award, Tranche Two | Nonperformance-based | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation vesting period		4 years
Award vesting rights, percentage		50.00%

STOCK-BASED COMPENSATION - Sche

STOCK-BASED COMPENSATION - Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, minimum	24.00%	22.00%	23.00%	21.00%
Expected volatility, maximum	29.00%	29.00%	30.00%	29.00%
Weighted average expected volatility	25.00%	25.00%	24.00%	24.00%
Weighted average dividend yield	2.90%	2.60%	2.80%	2.20%
Risk-free interest rate, minimum	1.90%	2.10%	0.70%	0.40%
Risk-free interest rate, maximum	2.90%	3.20%	2.40%	1.70%
Weighted average fair value at date of grant (in USD per share)	$ 15.34	$ 16.82	$ 9.90	$ 12.08
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	6 years 1 month 6 days	6 years 1 month 6 days	6 years 3 months 18 days	6 years 3 months 18 days
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	7 years 7 months 6 days	7 years 6 months	7 years 8 months 12 days	7 years 7 months 6 days

STOCK-BASED COMPENSATION - Stoc

STOCK-BASED COMPENSATION - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019
Number of Shares
Outstanding, beginning balance (in shares)	14,250,084	14,491,514
Granted (in shares)	1,843,749	101,197
Exercised (in shares)	(1,484,537)	(4,316,539)
Forfeited/cancelled (in shares)	(117,782)	(365,962)
Outstanding, ending balance (in shares)	14,491,514	9,910,210
Exercisable (in shares)		7,781,198
Weighted Average Exercise Price
Outstanding, beginning balance (in USD per share)	$ 52.03	$ 56.15
Granted (in USD per share)	74.80	81.01
Exercised (in USD per share)	38.94	46.86
Forfeited/cancelled (in USD per share)	66.36	65.27
Outstanding, ending balance (in USD per share)	$ 56.15	60.11
Exercisable, ending balance (in USD per share)		$ 58.60
Options outstanding, remaining contractual term		6 years 8 months 12 days
Options exercisable, remaining contractual term		6 years 2 months 12 days
Options outstanding, intrinsic value		$ 265,734
Options exercisable, intrinsic value		$ 220,251

STOCK-BASED COMPENSATION - RSU

STOCK-BASED COMPENSATION - RSU Activity (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Performance-based
Number Outstanding
Nonvested shares, Beginning balance (in shares)	1,504,551	1,438,016
Granted (in shares)	351,490	19,099
Issued as Common Stock (in shares)	(405,871)	0
Forfeited/cancelled (in shares)	(12,154)	(60,439)
Nonvested shares, Ending balance (in shares)	1,438,016	1,396,676	1,504,551
Vested (in shares)		859,332
Weighted Average Grant Date Fair Value
Nonvested shares, Beginning balance (in USD per share)	$ 62.22	$ 61.58
Granted (in USD per share)	74.80	80.39	$ 53.69	$ 61.31
Issued as Common Stock (in USD per share)	75.33	0
Forfeited/cancelled (in USD per share)	63.64	65.20
Nonvested shares, Ending balance (in USD per share)	$ 61.58	61.68	$ 62.22
Vested (in USD per share)		$ 61.37
Nonperformance-based
Number Outstanding
Nonvested shares, Beginning balance (in shares)	335,093	696,423
Granted (in shares)	407,074	82,799
Issued as Common Stock (in shares)	(34,964)	(58,165)
Forfeited/cancelled (in shares)	(10,780)	(56,224)
Nonvested shares, Ending balance (in shares)	696,423	664,833	335,093
Vested (in shares)		69,139
Weighted Average Grant Date Fair Value
Nonvested shares, Beginning balance (in USD per share)	$ 60.72	$ 69
Granted (in USD per share)	74.80	79.21	$ 57.49	$ 61.83
Issued as Common Stock (in USD per share)	56.11	69.08
Forfeited/cancelled (in USD per share)	72.45	73.54
Nonvested shares, Ending balance (in USD per share)	$ 69	69.88	$ 60.72
Vested (in USD per share)		$ 74.80

STOCK-BASED COMPENSATION - Rest

STOCK-BASED COMPENSATION - Restricted Stock Activity (Details) - Restricted Stock - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019
Number Outstanding
Nonvested shares, Beginning balance (in shares)	684,963	681,211
Granted (in shares)	56,331	79,188
Dividend equivalents (in shares)	4,188	15,468
Vested (in shares)	(53,203)	(99,682)
Forfeited (in shares)	(11,068)	(49,460)
Nonvested shares, Ending balance (in shares)	681,211	626,725
Weighted Average Grant Date Fair Value
Nonvested shares, Beginning balance (in USD per share)	$ 57.01	$ 58.33
Granted (in USD per share)	74.70	79.99
Dividend equivalents (in USD per share)	74.40	82.02
Vested (in USD per share)	57.90	67.41
Forfeited (in USD per share)	68.25	62.76
Nonvested shares, Ending balance (in USD per share)	$ 58.33	$ 59.86

INCOME TAXES - Provision for In

INCOME TAXES - Provision for Income Taxes, Income Before Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Domestic	$ 4,163	$ 337,066	$ 364,846	$ 301,760
Foreign	289,970	1,190,338	1,051,649	982,956
Income from continuing operations before income taxes	$ 294,133	$ 1,527,404	$ 1,416,495	$ 1,284,716

INCOME TAXES - Provision for _2

INCOME TAXES - Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Current:
Federal	$ (4,864)	$ 143,872	$ 618,611	$ 115,570
Foreign	36,634	164,974	135,007	123,960
State	896	22,455	21,506	37,957
Current Income Tax Expense (Benefit), Total	32,666	331,301	775,124	277,487
Deferred:
Federal and state	(13,656)	(53,715)	(76,039)	(63,610)
Foreign	13,959	(9,186)	(3,799)	(8,015)
Deferred Income Tax Expense (Benefit), Total	303	(62,901)	(79,838)	(71,625)
Income taxes	$ 32,969	$ 268,400	$ 695,286	$ 205,862

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) $ / shares in Units, $ in Thousands, € in Millions	Jan. 15, 2019USD ($)	Jan. 13, 2017USD ($)	Jan. 13, 2017EUR (€)	Jan. 31, 2018USD ($)	Jan. 31, 2018EUR (€)	Mar. 31, 2018USD ($)$ / shares	Mar. 30, 2019USD ($)$ / shares	Dec. 29, 2018USD ($)	Dec. 30, 2017USD ($)$ / shares	Dec. 31, 2016USD ($)$ / shares	Jan. 10, 2017EUR (€)
Operating Loss Carryforwards [Line Items]
Tax reform expense (benefit), adjustment	$ 13,900							$ 18,200
Transition tax for accumulated foreign earnings, adjustment, income tax expense	20,700							14,300
Change in tax rate, deferred tax liability, adjustment, Income tax benefit	$ 6,800							300
Change in tax rate, deferred tax liability, adjustment, foreign income and dividends								$ 4,200
Tax reform expense (benefit)							$ 483,700
Tax reform benefit						$ 5,100	23,300
Accrued income taxes, noncurrent							416,100
Tax settlement						9,800	6,300		$ 10,100	$ 19,400
Retained earnings						(846,124)	(1,179,601)		(1,023,745)
Income taxes paid, net of refunds						105,635	359,821		331,194	434,795
Potential tax benefits for federal capital loss carryforwards, foreign operations							199,300
Portion of foreign operating loss carry forwards with unlimited carry forward life							171,300
Net increase in valuation allowance related to state operating loss and carryforwards							1,700
Net increase in valuation allowance related to foreign carryforwards and other deferred tax asset							17,100
Net unrecognized tax benefits including interest and penalties if recognized, would reduce the annual effective tax rate						169,041	173,928		178,881
Possible decrease in unrecognized income tax benefits							28,500
Reduction in income tax expenses							27,100
Other Foreign
Operating Loss Carryforwards [Line Items]
Foreign jurisdiction income tax reduction						$ 7,500	$ 15,700		$ 17,800	$ 12,000
Income tax reduction per diluted share (in USD per share) | $ / shares						$ 0.02	$ 0.04		$ 0.04	$ 0.03
Operating loss carry forwards valuation allowance							$ 10,000
Foreign
Operating Loss Carryforwards [Line Items]
Operating loss carry forwards valuation allowance							150,500
State
Operating Loss Carryforwards [Line Items]
Operating loss carry forwards valuation allowance							22,700
Other Assets
Operating Loss Carryforwards [Line Items]
Deferred charge						$ 291,100
Belgium tax authority | VF Europe BVBA | Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Tax and interest related to excess profits | €											€ 31.9
Income taxes paid, net of refunds		$ 33,900	€ 31.9	$ 3,800	€ 3.1
New Accounting Pronouncement, Early Adoption, Effect | Accounting Standards Update 2016-16
Operating Loss Carryforwards [Line Items]
Other assets										$ 237,800
Retained earnings										$ 237,800
Capital Loss Carryforward
Operating Loss Carryforwards [Line Items]
Capital loss carryforwards, valuation allowance							5,100
Valuation allowance increase							25,500
Tax Year 2020
Operating Loss Carryforwards [Line Items]
Federal operating loss carry forwards							100
Tax Year 2022
Operating Loss Carryforwards [Line Items]
Federal operating loss carry forwards							19,400
Tax Year 2020 to 2039 | State
Operating Loss Carryforwards [Line Items]
Federal operating loss carry forwards							$ 30,500

INCOME TAXES - Differences Betw

INCOME TAXES - Differences Between Income Taxes Computed by Applying Statutory Federal Income Tax Rate and Income Tax Expense reported In Consolidated Financial Statements (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Dec. 30, 2017	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Tax at federal statutory rate	$ 61,768		$ 320,755	$ 495,772	$ 449,650
State income taxes, net of federal tax benefit	(4,745)		32,954	23,684	24,426
Foreign rate differences	(9,227)		(84,702)	(217,131)	(262,392)
Tax reform	(5,107)	$ 465,500	37,262	465,501	0
Capital losses	0		0	(67,032)	0
Valuation allowances (federal)	977		0	37,296	0
Stock compensation (federal)	(10,060)		(26,398)	(22,826)	(25,135)
Other	(637)		(11,471)	(19,978)	19,313
Income taxes	$ 32,969		$ 268,400	$ 695,286	$ 205,862

INCOME TAXES - Deferred Income

INCOME TAXES - Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Deferred income tax assets:
Inventories	$ 32,647	$ 24,797	$ 21,146
Deferred compensation	51,913	53,843	55,326
Other employee benefits	69,594	52,456	45,464
Stock compensation	37,317	38,244	45,960
Other accrued expenses	127,684	155,635	158,632
Capital loss carryforwards	19,423	46,069	34,705
Operating loss carryforwards	229,955	252,695	251,236
Gross deferred income tax assets	568,533	623,739	612,469
Valuation allowances	(188,258)	(226,269)	(225,141)
Net deferred income tax assets	380,275	397,470	387,328
Deferred income tax liabilities:
Depreciation	25,355	27,023	25,272
Intangible assets	222,769	223,435	237,667
Other deferred tax liabilities	91,464	82,406	78,824
Deferred income tax liabilities	339,588	332,864	341,763
Net deferred income tax assets (liabilities)	40,687	64,606	45,565
Amounts included in the Consolidated Balance Sheets:
Other assets (Note 10)	109,551	105,493	103,601
Other liabilities (Note 14)	(68,864)	(40,887)	(58,036)
Net deferred income tax assets (liabilities)	$ 40,687	$ 64,606	$ 45,565

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Change in Accrual for Unrecognized Income Tax Benefits (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Balance	$ 210,078	$ 204,515	$ 185,675	$ 85,046
Additions for current year tax positions	2,012	8,511	28,049	121,025
Additions for prior year tax positions	2,817	28,732	29,776	9,044
Reductions for prior year tax positions	(204)	(19,220)	(22,442)	(6,160)
Reductions due to statute expirations	(10,207)	(37)	(9,943)	(16,320)
Payments in settlement	0	(7,673)	(1,103)	(6,937)
Currency translation		(38)		(23)
Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation	19		66
Ending Balance	204,515	214,790	210,078	185,675
Unrecognized Income Tax Benefits
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Balance	195,992	189,075	176,966	75,677
Additions for current year tax positions	2,012	8,511	28,049	121,025
Additions for prior year tax positions	477	16,211	22,968	6,164
Reductions for prior year tax positions	(201)	(18,753)	(22,163)	(4,798)
Reductions due to statute expirations	(9,222)	(30)	(9,028)	(14,985)
Payments in settlement	0	(6,754)	(855)	(6,108)
Currency translation		(35)		(9)
Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation	17		55
Ending Balance	189,075	188,225	195,992	176,966
Accrued Interest and Penalties
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Balance	14,086	15,440	8,709	9,369
Additions for current year tax positions	0	0	0	0
Additions for prior year tax positions	2,340	12,521	6,808	2,880
Reductions for prior year tax positions	(3)	(467)	(279)	(1,362)
Reductions due to statute expirations	(985)	(7)	(915)	(1,335)
Payments in settlement	0	(919)	(248)	(829)
Currency translation		(3)		(14)
Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation	2		11
Ending Balance	$ 15,440	$ 26,565	$ 14,086	$ 8,709

INCOME TAXES - Amounts Included

INCOME TAXES - Amounts Included in Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016	Jan. 02, 2016
Income Tax Disclosure [Abstract]
Unrecognized income tax benefits, including interest and penalties	$ 214,790	$ 204,515	$ 210,078	$ 185,675	$ 85,046
Less deferred tax benefits	40,862	35,474	31,197
Total unrecognized tax benefits	$ 173,928	$ 169,041	$ 178,881

REPORTABLE SEGMENT INFORMATIO_2

REPORTABLE SEGMENT INFORMATION - Financial Information for Reportable Segments (Details) - USD ($)	3 Months Ended									12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 3,212,969,000	$ 3,940,159,000	$ 3,907,386,000	$ 2,788,146,000	$ 3,045,446,000	$ 3,649,283,000	$ 3,392,934,000	$ 2,268,620,000	$ 2,500,340,000	$ 13,848,660,000	$ 11,811,177,000	$ 11,026,147,000
Operating income	$ 194,384,000	$ 591,905,000	$ 658,669,000	$ 230,882,000	310,065,000	$ 484,619,000	$ 575,527,000	$ 159,676,000	$ 293,207,000	1,675,840,000	1,513,029,000	1,455,458,000
Impairment of goodwill and intangible assets					0					0	0	(79,644,000)
Corporate and other expenses					(107,750,000)					(578,934,000)	(408,030,000)	(384,413,000)
Interest expense, net					(21,165,000)					(85,425,000)	(85,880,000)	(85,546,000)
Income from continuing operations before income taxes					294,133,000					1,527,404,000	1,416,495,000	1,284,716,000
Continuing Operations
Segment Reporting Information [Line Items]
Overhead costs											16,600,000	44,300,000
Pension Plan
Segment Reporting Information [Line Items]
Pension settlement charge					0					(8,856,000)	0	(50,922,000)
Operating Segments
Segment Reporting Information [Line Items]
Revenues					3,045,446,000					13,848,660,000	11,811,177,000	11,026,147,000
Operating income					423,048,000					2,191,763,000	1,910,405,000	1,834,319,000
Operating Segments | Outdoor
Segment Reporting Information [Line Items]
Revenues					888,039,000					4,649,024,000	4,208,958,000	4,123,372,000
Operating income					44,673,000					544,425,000	537,543,000	594,485,000
Operating Segments | Active
Segment Reporting Information [Line Items]
Revenues					1,071,598,000					4,721,792,000	3,791,737,000	3,318,428,000
Operating income					237,620,000					1,125,709,000	805,843,000	628,163,000
Operating Segments | Work
Segment Reporting Information [Line Items]
Revenues					442,258,000					1,862,017,000	1,099,714,000	776,214,000
Operating income					40,024,000					220,670,000	163,585,000	137,301,000
Operating Segments | Jeans
Segment Reporting Information [Line Items]
Revenues					623,266,000					2,491,769,000	2,597,623,000	2,690,059,000
Operating income					103,805,000					300,502,000	406,524,000	479,179,000
Operating Segments | Other
Segment Reporting Information [Line Items]
Revenues					20,285,000					124,058,000	113,145,000	118,074,000
Operating income					$ (3,074,000)					$ 457,000	$ (3,090,000)	$ (4,809,000)

REPORTABLE SEGMENT INFORMATIO_3

REPORTABLE SEGMENT INFORMATION - Reconciliation Assets (Details) - USD ($) $ in Thousands		Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017	Dec. 31, 2016
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		$ 10,356,785	$ 10,311,310	$ 9,958,502
Cash and equivalents	[1]	543,011	680,762	563,483	$ 1,224,975
Property, plant and equipment, net		1,057,268	1,011,617	1,014,638
Intangible assets and goodwill		3,779,161
Other assets		846,899	803,041	783,675
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		3,651,826	3,270,028	3,136,595
Operating Segments | Outdoor
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		1,108,274	924,870	1,082,264
Operating Segments | Active
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		981,033	873,737	686,991
Operating Segments | Work
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		742,329	669,641	657,025
Operating Segments | Jeans
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		720,620	710,481	629,648
Operating Segments | Other
Segment Reporting, Asset Reconciling Item [Line Items]
Assets		99,570	91,299	80,667
Other
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and equivalents		543,011	680,762	563,483
Property, plant and equipment, net		1,057,268	1,011,617	1,014,638
Intangible assets and goodwill		3,779,161	3,813,329	3,782,425
Corporate, Non-Segment
Segment Reporting, Asset Reconciling Item [Line Items]
Other assets		1,325,519	1,161,994	1,080,661
Assets of discontinued operations		$ 0	$ 373,580	$ 380,700
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

REPORTABLE SEGMENT INFORMATIO_4

REPORTABLE SEGMENT INFORMATION - Reconciliation of Capital Expenditures and Depreciation and Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	$ 70,920	$ 301,005	$ 277,145	$ 254,216
Operating Segments | Outdoor
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	16,998	82,259	86,838	83,070
Operating Segments | Active
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	18,953	73,395	70,219	66,031
Operating Segments | Work
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	10,149	34,446	12,926	5,051
Operating Segments | Jeans
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	8,710	38,505	35,586	39,237
Operating Segments | Other
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	609	2,542	3,560	3,537
Corporate, Non-Segment
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	15,501	$ 69,858	68,016	57,290
Discontinued Operations
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense related to discontinued operations	$ 600		$ 14,000	$ 27,400

REPORTABLE SEGMENT INFORMATIO_5

REPORTABLE SEGMENT INFORMATION - Supplemental Information (with Revenues by Geographic Area Based on Location of Customer) (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 3,212,969	$ 3,940,159	$ 3,907,386	$ 2,788,146	$ 3,045,446	$ 3,649,283	$ 3,392,934	$ 2,268,620	$ 2,500,340	$ 13,848,660	$ 11,811,177	$ 11,026,147
Property, plant and equipment, net	1,057,268				1,011,617	1,014,638				1,057,268	1,014,638
Domestic
Segment Reporting Information [Line Items]
Revenues					1,643,991					8,126,280	6,923,749	6,669,026
Property, plant and equipment, net	644,839				605,487	607,437				644,839	607,437
Foreign, primarily Europe
Segment Reporting Information [Line Items]
Revenues					1,401,455					5,722,380	4,887,428	$ 4,357,121
Property, plant and equipment, net	$ 412,429				$ 406,130	$ 407,201				$ 412,429	$ 407,201

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Schedule of Rent Expense, Net of Sublease Income Included in Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Minimum rent expense	$ 104,235	$ 386,544	$ 355,217	$ 337,879
Contingent rent expense	6,791	34,267	24,410	18,062
Rent expense	$ 111,026	$ 420,811	$ 379,627	$ 355,941

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)	May 24, 2019	Mar. 30, 2019
Loss Contingencies [Line Items]
Future minimum lease payments 2020		$ 366,400,000
Future minimum lease payments 2021		314,800,000
Future minimum lease payments 2022		228,900,000
Future minimum lease payments 2023		163,500,000
Future minimum lease payments 2024		106,900,000
Future minimum lease payments thereafter		252,800,000
Future minimum royalty payments 2020		25,600,000
Future minimum royalty payments 2021		13,100,000
Future minimum royalty payments 2022		8,300,000
Future minimum royalty payments 2023		3,100,000
Future minimum royalty payments 2024		1,800,000
Future minimum royalty payments thereafter		8,800,000
Payments for purchase commitments 2020		2,600,000,000
Payments for purchase commitments 2021		17,800,000
Payments for purchase commitments 2022		6,800,000
Payments for purchase commitments 2023		7,000,000
Payments for purchase commitments after 2023		0
Future payments under purchase commitments 2020		108,000,000
Future payments under purchase commitments 2021		18,800,000
Future payments under purchase commitments 2022		16,300,000
Future payments under purchase commitments 2023		11,700,000
Future payments under purchase commitments 2024		7,400,000
Future payments under purchase commitments thereafter		12,100,000
Surety bonds, standby letters of credit and international bank guarantees		$ 116,200,000
Scenario, Forecast
Loss Contingencies [Line Items]
Income tax examination, estimate of possible loss	$ 136,000,000
Income tax examination, estimate of possible loss, interest payments	$ 130,000,000

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended									12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Earnings (loss) per common share - basic
Income from continuing operations	$ 128,804	$ 463,126	$ 507,121	$ 159,953	$ 261,164	$ (72,979)	$ 473,820	$ 107,092	$ 213,276	$ 1,259,004	$ 721,209	$ 1,078,854
Weighted average common shares outstanding, basic (in shares)					395,253					395,189	399,223	416,103
Earnings per share from continuing operations, basic (in USD per share)	$ 0.33	$ 1.17	$ 1.28	$ 0.41	$ 0.66	$ (0.18)	$ 1.20	$ 0.27	$ 0.52	$ 3.19	$ 1.81	$ 2.59
Earnings (loss) per common share - diluted
Income from continuing operations	$ 128,804	$ 463,126	$ 507,121	$ 159,953	$ 261,164	$ (72,979)	$ 473,820	$ 107,092	$ 213,276	$ 1,259,004	$ 721,209	$ 1,078,854
Weighted average common shares outstanding, basic (in shares)					395,253					395,189	399,223	416,103
Incremental shares from stock options and other dilutive securities (in shares)					6,023					5,307	4,336	5,978
Adjusted weighted average common shares outstanding (in shares)					401,276					400,496	403,559	422,081
Earnings per share from continuing operations, diluted (in USD per share)	$ 0.32	$ 1.16	$ 1.26	$ 0.40	$ 0.65	$ (0.18)	$ 1.19	$ 0.27	$ 0.51	$ 3.14	$ 1.79	$ 2.56

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - shares shares in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from computation of earnings per share		0.5	6.9	5.8
Performance-based
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from computation of earnings per share	0.9	0.8	0.9	0.9

FAIR VALUE MEASUREMENTS - Class

FAIR VALUE MEASUREMENTS - Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Cash equivalents:
Cash equivalents, money market funds	$ 248,560	$ 185,118	$ 265,432
Cash equivalents, time deposits	8,257	7,714	13,591
Derivative financial instruments	92,771	31,400	22,970
Investment securities	186,698	194,160	197,837
Financial liabilities:
Derivative financial instruments	22,337	106,174	100,038
Deferred compensation	199,336	227,808	235,359
Level 1
Cash equivalents:
Cash equivalents, money market funds	248,560	185,118	265,432
Cash equivalents, time deposits	8,257	7,714	13,591
Derivative financial instruments	0	0	0
Investment securities	176,209	183,802	185,723
Financial liabilities:
Derivative financial instruments	0	0	0
Deferred compensation	0	0	0
Level 2
Cash equivalents:
Cash equivalents, money market funds	0	0	0
Cash equivalents, time deposits	0	0	0
Derivative financial instruments	92,771	31,400	22,970
Investment securities	10,489	10,358	12,114
Financial liabilities:
Derivative financial instruments	22,337	106,174	100,038
Deferred compensation	199,336	227,808	235,359
Level 3
Cash equivalents:
Cash equivalents, money market funds	0	0	0
Cash equivalents, time deposits	0	0	0
Derivative financial instruments	0	0	0
Investment securities	0	0	0
Financial liabilities:
Derivative financial instruments	0	0	0
Deferred compensation	$ 0	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, carrying values		$ 2,218,820,000	$ 2,121,147,000	$ 2,193,954,000
Long-term debt, fair values		2,403,900,000	2,318,600,000	2,422,000,000
Impairment charges for property, plant and equipment		0	6,000,000	17,200,000	$ 8,200,000
Impairment of goodwill and intangible assets		0	0	0	79,644,000
Impairment charges of goodwill		0	0	0	39,300,000
Impairment charges of intangible assets excluding goodwill			0	0
Impairment of intangible assets					$ 40,300,000
Lucy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment charges of goodwill				104,700,000
Discontinued Operations | Nautica
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill		$ 0	$ 0
Impairment charges of goodwill				104,700,000
Discontinued Operations | Licensing Business and Nautica
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill				$ 104,651,000
Timberland Pro
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, allocated	$ 51,500,000
Wrangler RIGGS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, allocated	$ 7,400,000

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Narrative (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 30, 2019USD ($)	Dec. 30, 2017USD ($)	Dec. 31, 2016USD ($)	Mar. 30, 2019EUR (€)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net pretax deferred gains for foreign currency exchange contracts that are expected to be reclassified to earnings during next 12 months		$ 70,300,000
Deferred gain (loss) on discontinuation of interest rate fair value hedge		11,700,000
Net deferred loss in accumulated OCI reclassified to earnings	$ 1,200,000	5,000,000	$ 4,700,000	$ 4,500,000
Net deferred loss in accumulated OCI expected to be reclassified to earnings over remainder of year		5,300,000
Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of foreign currency derivatives	2,900,000,000	$ 2,800,000,000
Maximum
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative contract maturity (up to)		20 months
0.625% notes, due 2023 | Notes Payable
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Bonds designated as net investment hedge | €					€ 850,000,000
Net Investment Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain on net investment hedge transaction	(19,200,000)	$ 69,500,000	(92,900,000)	34,400,000
Amount of ineffectiveness on net investment hedge	$ 0	$ 0	$ 0	$ 0
Net Investment Hedging | 0.625% notes, due 2023 | Notes Payable
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Bonds designated as net investment hedge | €					€ 850,000,000

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Outstanding Derivatives on Individual Contract Basis at Gross Amounts (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value of Derivatives with Unrealized Gains	$ 92,771	$ 31,400	$ 22,970
Fair Value of Derivatives with Unrealized Losses	(22,337)	(106,174)	(100,038)
Foreign currency exchange contracts designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value of Derivatives with Unrealized Gains	92,356	21,496	17,639
Fair Value of Derivatives with Unrealized Losses	(21,798)	(105,795)	(99,606)
Foreign currency exchange contracts not designated as hedging instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value of Derivatives with Unrealized Gains	415	9,904	5,331
Fair Value of Derivatives with Unrealized Losses	$ (539)	$ (379)	$ (432)

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Fair Value of Derivative Assets and Liabilities in Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Derivative Asset
Gross amounts presented in the Consolidated Balance Sheets, Derivative Asset	$ 92,771	$ 31,400	$ 22,970
Gross amounts not offset in the Consolidated Balance Sheets, Derivative Asset	(22,274)	(20,918)	(18,313)
Net amounts	70,497	10,482	4,657
Derivative Liability
Gross amounts presented in the Consolidated Balance Sheets, Derivative Liabilities	(22,337)	(106,174)	(100,038)
Gross amounts not offset in the Consolidated Balance Sheets, Derivative Liabilities	22,274	20,918	18,313
Net amounts	$ (63)	$ (85,256)	$ (81,725)

DERIVATIVE FINANCIAL INSTRUME_6

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Derivatives Classified as Current or Noncurrent Based on Maturity Dates (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Dec. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Other current assets	$ 83,582	$ 26,741	$ 20,771
Accrued liabilities (Note 12)	(18,590)	(96,087)	(87,205)
Other assets (Note 10)	9,189	4,659	2,199
Other liabilities (Note 14)	$ (3,747)	$ (10,087)	$ (12,833)

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Effects of Cash Flow Hedging included in Consolidated Statements of Income and Consolidated Statements of Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Derivatives Recognized in OCI	$ (25,530)	$ 156,513	$ (138,716)	$ 90,708
Gain (Loss) Reclassified from Accumulated OCI into Income	(13,960)	(28,341)	24,067	107,457
Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Derivatives Recognized in OCI	(25,530)	156,513	(138,716)	90,708
Foreign exchange contracts | Net revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	4,948	1,774	33,641	28,798
Foreign exchange contracts | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	(13,286)	(20,686)	610	84,613
Foreign exchange contracts | Selling, general and administrative expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	(1,981)	(4,772)	(3,610)	(4,314)
Foreign exchange contracts | Other income (expense), net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	(2,427)	355	(1,851)	2,864
Interest rate contracts | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	$ (1,214)	$ (5,012)	$ (4,723)	$ (4,504)

SUPPLEMENTAL CASH FLOW INFORM_3

SUPPLEMENTAL CASH FLOW INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Income taxes paid, net of refunds	$ 105,635	$ 359,821	$ 331,194	$ 434,795
Interest paid, net of amounts capitalized	13,553	102,749	99,939	87,521
Computer Software
Noncash transactions:
Expenditures included in accounts payable or accrued liabilities	21,144	14,842	22,880	15,143
Property, Plant and Equipment
Noncash transactions:
Expenditures included in accounts payable or accrued liabilities	$ 22,495	$ 29,824	$ 26,146	$ 28,103

RESTRUCTURING - Narrative (Deta

RESTRUCTURING - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 14,927	$ 107,615	$ 27,047	$ 55,099
Restructuring reserve	43,589	92,271	38,244	50,606
Charges	14,927	95,336	27,047
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	10,800	70,200	20,200	31,800
Cost of goods sold
Restructuring Cost and Reserve [Line Items]
Restructuring charges	4,100	37,400	6,800	23,300
Accrued Current Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		86,600
Other Noncurrent Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		5,700
COLORADO
Restructuring Cost and Reserve [Line Items]
Charges		47,400
Severance
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	43,145	81,236	33,808	$ 49,728
Charges	$ 14,927	79,693	$ 22,611
Severance | COLORADO
Restructuring Cost and Reserve [Line Items]
Charges		18,800
Relocation | COLORADO
Restructuring Cost and Reserve [Line Items]
Charges		$ 28,600

RESTRUCTURING - Components of R

RESTRUCTURING - Components of Restructuring Charges (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
Severance and employee-related benefits	$ 14,927	$ 79,693	$ 22,611	$ 50,395
Asset impairments	0	5,705	0	3,394
Inventory write-downs	0	6,574	0	0
Contract termination and other	0	15,643	4,436	1,310
Total restructuring charges	$ 14,927	$ 107,615	$ 27,047	$ 55,099

RESTRUCTURING - Restructuring b

RESTRUCTURING - Restructuring by Business Segment (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 14,927	$ 107,615	$ 27,047	$ 55,099
Operating Segments | Outdoor
Restructuring Cost and Reserve [Line Items]
Restructuring charges	4,550	38,952	10,393	14,137
Operating Segments | Active
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0	13,579	2,400	3,946
Operating Segments | Work
Restructuring Cost and Reserve [Line Items]
Restructuring charges	7,802	10,003	3,895	1,308
Operating Segments | Jeans
Restructuring Cost and Reserve [Line Items]
Restructuring charges	2,575	39,936	6,993	20,357
Operating Segments | Other
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0	167	0	1,277
Corporate, Non-Segment
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0	$ 4,978	$ 3,366	$ 14,074

RESTRUCTURING - Schedule of Act

RESTRUCTURING - Schedule of Activity in Restructuring Accrual (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017
Restructuring Reserve [Roll Forward]
Accrual, Period Start	$ 38,244	$ 43,589	$ 50,606
Charges	14,927	95,336	27,047
Cash payments and settlements	(8,650)	(40,447)	(38,227)
Adjustments to accruals	(1,033)	(5,700)	(2,783)
Currency translation	101	(507)	1,601
Accrual, Period End	43,589	92,271	38,244
Severance
Restructuring Reserve [Roll Forward]
Accrual, Period Start	33,808	43,145	49,728
Charges	14,927	79,693	22,611
Cash payments and settlements	(4,658)	(35,530)	(37,349)
Adjustments to accruals	(1,033)	(5,800)	(2,783)
Currency translation	101	(272)	1,601
Accrual, Period End	43,145	81,236	33,808
Other
Restructuring Reserve [Roll Forward]
Accrual, Period Start	4,436	444	878
Charges	0	15,643	4,436
Cash payments and settlements	(3,992)	(4,917)	(878)
Adjustments to accruals	0	100	0
Currency translation	0	(235)	0
Accrual, Period End	$ 444	$ 11,035	$ 4,436

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event $ / shares in Units, $ in Billions	May 22, 2019USD ($)	May 10, 2019	May 14, 2019$ / shares
Subsequent Event [Line Items]
Spinoff, conversion ratio		0.1428571429
Proceeds from related party debt | $	$ 1
Dividend Declared [Member]
Subsequent Event [Line Items]
Cash dividend (in USD per share) | $ / shares			$ 0.51

QUARTERLY RESULTS OF OPERATIO_3

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended										12 Months Ended
	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018		Dec. 30, 2017	Sep. 30, 2017	Jul. 01, 2017	Apr. 01, 2017	Mar. 30, 2019		Dec. 30, 2017		Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Net revenues	$ 3,212,969	$ 3,940,159	$ 3,907,386	$ 2,788,146	$ 3,045,446		$ 3,649,283	$ 3,392,934	$ 2,268,620	$ 2,500,340	$ 13,848,660		$ 11,811,177		$ 11,026,147
Operating income	194,384	591,905	658,669	230,882	310,065		484,619	575,527	159,676	293,207	1,675,840		1,513,029		1,455,458
Income (loss) from continuing operations	128,804	463,126	507,121	159,953	261,164		(72,979)	473,820	107,092	213,276	1,259,004		721,209		1,078,854
Income (loss) from discontinued operations, net of tax	0	383	0	405	(8,371)		(17,290)	(87,680)	2,797	(4,113)	788		(106,286)		(4,748)
Net income	$ 128,804	$ 463,509	$ 507,121	$ 160,358	$ 252,793	[1]	$ (90,269)	$ 386,140	$ 109,889	$ 209,163	$ 1,259,792	[1]	$ 614,923	[1]	$ 1,074,106	[1]
Earnings Per Share [Abstract]
Earnings per share from continuing operations, basic (in USD per share)	$ 0.33	$ 1.17	$ 1.28	$ 0.41	$ 0.66		$ (0.18)	$ 1.20	$ 0.27	$ 0.52	$ 3.19		$ 1.81		$ 2.59
Earnings per common share - basic, discontinued operations (in USD per share)	0	0	0	0	(0.02)		(0.04)	(0.22)	0.01	(0.01)	0		(0.27)		(0.01)
Earnings per common share - basic (in USD per share)	0.33	1.17	1.28	0.41	0.64		(0.23)	0.98	0.28	0.51	3.19		1.54		2.58
Earnings per share from continuing operations, diluted (in USD per share)	0.32	1.16	1.26	0.40	0.65		(0.18)	1.19	0.27	0.51	3.14		1.79		2.56
Earnings per common share - diluted, discontinued operations (in USD per share)	0	0	0	0	(0.02)		(0.04)	(0.22)	0.01	(0.01)	0		(0.26)		(0.01)
Earnings per common share - diluted (in USD per share)	0.32	1.16	1.26	0.40	$ 0.63		(0.23)	0.97	0.27	0.50	3.15		1.52		$ 2.54
Dividends per common share (in USD per share)	$ 0.51	$ 0.51	$ 0.46	$ 0.46			$ 0.46	$ 0.42	$ 0.42	$ 0.42	$ 1.94		$ 1.72
Transaction costs	$ 57,100	$ 62,600	$ 53,200	$ 18,800							$ 191,700
Transaction costs, net of tax	43,700	47,500	45,500	$ 15,300							152,000
Relocation costs	30,700	6,000	10,700								47,400
Relocation costs, net of tax	22,900	$ 4,400	$ 8,000								35,300
Restructuring charges					$ 14,927						95,336		$ 27,047
Transaction and deal-related costs							$ 15,600
Transaction and deal-related costs, net of tax							13,600
Tax reform					(5,107)		465,500				37,262		465,501		$ 0
Other income (expense), net					5,233						(63,011)		(10,654)		(85,196)
South America
Earnings Per Share [Abstract]
Restructuring charges											$ 30,500
Restructuring charges, net of tax	$ 30,500
Accounting Standards Update 2017-07
Restructuring Cost and Reserve [Line Items]
Operating income					1,300		3,300	$ 1,500	$ 1,600	$ 3,500			9,900		87,200
Earnings Per Share [Abstract]
Other income (expense), net					$ (1,300)		$ (3,300)	$ (1,500)	$ (1,600)	$ (3,500)			$ (9,900)		$ (87,200)
[1]	The cash flows related to discontinued operations have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 30, 2019	Dec. 30, 2017	Dec. 31, 2016
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 26,266	$ 24,993	$ 20,538	$ 22,990
Charged to costs and expenses	2,659	22,553	21,046	16,684
Charged to other accounts	0	0	0	0
Deductions	3,932	19,170	15,318	19,136
Balance at End of Period	24,993	28,376	26,266	20,538
Other accounts receivable allowances
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	208,995	195,955	157,835	161,745
Charged to costs and expenses	465,413		1,613,257	1,482,855
Charged to other accounts	0		0	0
Deductions	478,453		1,562,097	1,486,765
Balance at End of Period	195,955		208,995	157,835
Valuation allowance for deferred income tax assets
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	225,141	226,269	114,990	100,951
Charged to costs and expenses	0	0	0	0
Charged to other accounts	1,128	0	110,151	14,039
Deductions	0	38,011	0	0
Balance at End of Period	$ 226,269	$ 188,258	$ 225,141	$ 114,990