10-K Filing

FLEX LTD. CIK: 866374 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0000866374-20-000009`
Period End Date	20200331
Filing Date	20200528
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	flex331202010-k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 80 Cash Flow Statement 95 Stockholders Equity 39 Comprehensive Income 18

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Ordinary shares, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	547.67M	shares	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	566.79M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	516.55M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.70B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.92B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (Note 2)	`AccountsReceivableNetCurrent`	$2.61B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	50.24M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	50.24M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (Note 2)	`AccountsReceivableNetCurrent`	$2.44B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$282.44M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$216.20M	USD	Point-in-time
Inventories	`InventoryNet`	$3.72B	USD	Point-in-time
Inventories	`InventoryNet`	$3.79B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$854.79M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$660.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.10B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.09B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.22B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$605.07M	USD	Point-in-time
Goodwill	`Goodwill`	$1.06B	USD	Point-in-time
Goodwill	`Goodwill`	$1.07B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$331.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$262.42M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$455.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$655.67M	USD	Point-in-time
Total assets	`Assets`	$13.50B	USD	Point-in-time
Total assets	`Assets`	$13.69B	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$149.13M	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$632.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.15B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$391.59M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$363.64M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.43B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.59B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.60B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$2.42B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$2.69B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$528.97M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$429.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$507.59M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares, no par value; 547,665,632 and 566,787,620 issued, and 497,426,277 and 516,548,265 outstanding as of March 31, 2020 and 2019, respectively	`CommonStockValueOutstanding`	$6.52B	USD	Point-in-time
Ordinary shares, no par value; 547,665,632 and 566,787,620 issued, and 497,426,277 and 516,548,265 outstanding as of March 31, 2020 and 2019, respectively	`CommonStockValueOutstanding`	$6.34B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of March 31, 2020 and 2019, respectively	`TreasuryStockValue`	$388.21M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of March 31, 2020 and 2019, respectively	`TreasuryStockValue`	$388.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.01B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.90B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-151.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-214.67M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.84M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-128.14M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$13.50B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$13.69B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.21B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.46B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.48B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.66B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.40B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.92B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.18B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.44B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.09B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.23B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.21B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$22.68B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$23.78B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$24.59B	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$66.84M	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$190.42M	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$99.00M	USD	Annual
Gross profit	`GrossProfit`	$189.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$430.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$377.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$357.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.60B	USD	Annual
Gross profit	`GrossProfit`	$1.52B	USD	Annual
Gross profit	`GrossProfit`	$1.34B	USD	Annual
Gross profit	`GrossProfit`	$365.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$352.76M	USD	1 Quarter
Gross profit	`GrossProfit`	$380.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$402.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$834.11M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.02B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$953.08M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$74.40M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$78.64M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$64.11M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$25.98M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$14.31M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$23.85M	USD	Annual
Interest and other, net	`OtherOperatingandNonoperatingIncomeExpense`	$-122.82M	USD	Annual
Interest and other, net	`OtherOperatingandNonoperatingIncomeExpense`	$-163.73M	USD	Annual
Interest and other, net	`OtherOperatingandNonoperatingIncomeExpense`	$-183.45M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$-110.41M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$-91.55M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$169.72M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$182.13M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$158.49M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$520.89M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$92.36M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$70.91M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$88.73M	USD	Annual
Net income	`NetIncomeLoss`	$428.53M	USD	Annual
Net income	`NetIncomeLoss`	$93.40M	USD	Annual
Net income	`NetIncomeLoss`	$87.58M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	508.77M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	529.78M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	526.52M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	530.07M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	512.44M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	536.60M	shares	Annual

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$428.53M	USD	Annual
Net income	`NetIncomeLoss`	$93.40M	USD	Annual
Net income	`NetIncomeLoss`	$87.58M	USD	Annual
Depreciation	`Depreciation`	$422.41M	USD	Annual
Depreciation	`Depreciation`	$433.41M	USD	Annual
Depreciation	`Depreciation`	$434.43M	USD	Annual
Amortization and other impairment charges	`OtherDepreciationAndAmortization`	$325.64M	USD	Annual
Amortization and other impairment charges	`OtherDepreciationAndAmortization`	$331.54M	USD	Annual
Amortization and other impairment charges	`OtherDepreciationAndAmortization`	$120.93M	USD	Annual
Provision for doubtful accounts (Note 2)	`ProvisionForDoubtfulAccounts`	$8.22M	USD	Annual
Provision for doubtful accounts (Note 2)	`ProvisionForDoubtfulAccounts`	$23.73M	USD	Annual
Provision for doubtful accounts (Note 2)	`ProvisionForDoubtfulAccounts`	$41.98M	USD	Annual
Non-cash other loss (income)	`OtherNoncashIncomeExpense`	$-12.65M	USD	Annual
Non-cash other loss (income)	`OtherNoncashIncomeExpense`	$58.22M	USD	Annual
Non-cash other loss (income)	`OtherNoncashIncomeExpense`	$38.91M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$81.35M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$71.55M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$76.03M	USD	Annual
Gain from deconsolidation of subsidiary (Note 2)	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Gain from deconsolidation of subsidiary (Note 2)	`DeconsolidationGainOrLossAmount`	$151.57M	USD	Annual
Gain from deconsolidation of subsidiary (Note 2)	`DeconsolidationGainOrLossAmount`	$86.61M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$-13.86M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$6.48M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$43.19M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.92B	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.13B	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.63B	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$66.30M	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-215.88M	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	-	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$66.46M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$360.15M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$354.32M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$138.18M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.54M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.34M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$623.15M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$68.07M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.55M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-147.69M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-138.73M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$13.00M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.53B	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.87B	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.97B	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$461.75M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$725.61M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$562.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$44.78M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$94.22M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$105.75M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$268.38M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.80M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.39M	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$3.40M	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$267.15M	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-2.95M	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$3.59B	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$4.62B	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$2.57B	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$120.44M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-44.03M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-67.46M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.25B	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.28B	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.71B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.07B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$3.20B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.37B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.06B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.32B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.42B	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$180.05M	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$188.98M	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$259.91M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.44M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$47.24M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$19.64M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-187.78M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-508.46M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.70M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.97M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.23M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.08M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-358.25M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$224.20M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$226.06M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.83B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.83B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	516.55M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$188.98M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$259.91M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$180.05M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.50M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$245.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.03M	USD	Annual
Issuance of subsidiary shares, net	`PremiumDiscountonAcquiredEquityPlan`	$63.36M	USD	Annual
Net income	`ProfitLoss`	$44.87M	USD	1 Quarter
Net income	`ProfitLoss`	$48.26M	USD	1 Quarter
Net income	`ProfitLoss`	$420.96M	USD	Annual
Net income	`ProfitLoss`	$87.58M	USD	Annual
Net income	`ProfitLoss`	$86.89M	USD	1 Quarter
Net income	`ProfitLoss`	$-64.35M	USD	1 Quarter
Net income	`ProfitLoss`	$-116.94M	USD	1 Quarter
Net income	`ProfitLoss`	$116.03M	USD	1 Quarter
Net income	`ProfitLoss`	$111.39M	USD	1 Quarter
Net income	`ProfitLoss`	$-45.17M	USD	1 Quarter
Net income	`ProfitLoss`	$93.40M	USD	Annual
Stock-based compensation, net of tax	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$76.03M	USD	Annual
Stock-based compensation, net of tax	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$81.33M	USD	Annual
Stock-based compensation, net of tax	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$71.55M	USD	Annual
Deconsolidation of subsidiary entity	`NoncontrollingInterestDecreaseFromDeconsolidation`	$90.64M	USD	Annual
Cumulative effect on opening equity of adopting accounting standards and other	`CumulativeEffectofNewAccountingPrinciplesAndOtherEffectsOnOpeningEquity`	$38.41M	USD	Annual
Cumulative effect on opening equity of adopting accounting standards and other	`CumulativeEffectofNewAccountingPrinciplesAndOtherEffectsOnOpeningEquity`	$21.58M	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$42.30M	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-63.50M	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-65.32M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	516.55M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$428.53M	USD	Annual
Net income	`NetIncomeLoss`	$93.40M	USD	Annual
Net income	`NetIncomeLoss`	$87.58M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$45.62M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-59.51M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	-	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-23.40M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-40.11M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-3.32M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-5.81M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$24.07M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$470.83M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.08M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.