Below are the financial statements of VF, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-03-30 | 2023 as of 2023-04-01 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and equivalents | 0.67a | 0.81a |
| Accounts receivable, less allowance for doubtful accounts | 1.27a | 1.61a |
| Inventories | 1.77a | 2.29a |
| Other current assets | 0.51a | 0.43a |
| Total current assets | 4.23a | 5.15a |
| Property, plant and equipment, net | 0.82a | 0.94a |
| Intangible assets, net | 2.63a | 2.64a |
| Goodwill | 1.46a | 1.98a |
| Operating lease right-of-use assets | 1.33a | 1.37a |
| Other assets | 1.14a | 1.9a |
| Total assets | 11.61a | 13.99a |
| Liabilities and stockholders’ equity | — | — |
| Current liabilities | — | — |
| Short-term borrowings | 0.26a | 0.01a |
| Current portion of long-term debt | 1a | 0.92a |
| Accounts payable | 0.82a | 0.94a |
| Accrued liabilities | 1.38a | 1.67a |
| Total current liabilities | 3.46a | 3.55a |
| Long-term debt | 4.7a | 5.71a |
| Operating lease liabilities | 1.16a | 1.17a |
| Other liabilities | 0.64a | 0.65a |
| Total liabilities | 9.95a | 11.08a |
| Commitments and contingencies | 0a | 0a |
| Stockholders' equity | — | — |
| Preferred stock | 0a | 0a |
| Common stock | 0.1a | 0.1a |
| Additional paid-in capital | 3.6a | 3.78a |
| Accumulated other comprehensive loss | -1.06a | -1.02a |
| Retained earnings (accumulated deficit) | -0.97a | 0.06a |
| Total stockholders' equity | 1.66a | 2.91a |
| Total liabilities and stockholders' equity | 11.61a | 13.99a |
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