10-Q Filing

FLEX LTD. CIK: 866374 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000866374-20-000030`
Period End Date	20200930
Filing Date	20201102
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	flex-20200925_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 60 Cash Flow Statement 44 Stockholders Equity 30 Comprehensive Income 32

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$96.00M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$78.00M	USD	Point-in-time
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.92B	USD	Point-in-time
Ordinary shares, issued (shares)	`CommonStockSharesIssued`	551.33M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.36B	USD	Point-in-time
Ordinary shares, issued (shares)	`CommonStockSharesIssued`	547.67M	shares	Point-in-time
Accounts receivable, net of allowance of $78 and $96, respectively	`AccountsReceivableNetCurrent`	$3.80B	USD	Point-in-time
Ordinary shares, outstanding (shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Accounts receivable, net of allowance of $78 and $96, respectively	`AccountsReceivableNetCurrent`	$2.44B	USD	Point-in-time
Ordinary shares, outstanding (shares)	`CommonStockSharesOutstanding`	501.09M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$181.00M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$282.00M	USD	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	50.24M	shares	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	50.24M	shares	Point-in-time
Inventories	`InventoryNet`	$3.61B	USD	Point-in-time
Inventories	`InventoryNet`	$3.79B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$524.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$660.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.09B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.11B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.22B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$605.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$614.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Goodwill	`Goodwill`	$1.06B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$262.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$241.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$473.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$456.00M	USD	Point-in-time
Total assets	`Assets`	$13.69B	USD	Point-in-time
Total assets	`Assets`	$15.00B	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$63.00M	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$149.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.05B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.11B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$419.00M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$364.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.59B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.63B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.16B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$2.69B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.74B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$529.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$545.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$430.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$445.00M	USD	Point-in-time
Ordinary shares, no par value; 551,334,253 and 547,665,632 issued, and 501,094,898 and 497,426,277 outstanding, respectively	`CommonStockValueOutstanding`	$6.37B	USD	Point-in-time
Ordinary shares, no par value; 551,334,253 and 547,665,632 issued, and 501,094,898 and 497,426,277 outstanding, respectively	`CommonStockValueOutstanding`	$6.34B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of September 25, 2020 and March 31, 2020	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of September 25, 2020 and March 31, 2020	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.74B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.90B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-215.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-133.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.97B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.94B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.83B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.12B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.00B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.81B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$13.69B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$15.00B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.09B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.14B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.26B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.99B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$11.56B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.57B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$10.41B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.79B	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$114.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$34.00M	USD	2 Qtrs
Restructuring charges	`RestructuringChargesCostOfSales`	$24.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$161.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$189.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$698.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$395.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$542.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$205.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$384.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$193.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$415.00M	USD	2 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$33.00M	USD	2 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$31.00M	USD	2 Qtrs
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$23.00M	USD	2 Qtrs
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$14.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$11.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$11.00M	USD	2 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-22.00M	USD	1 Quarter
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-50.00M	USD	1 Quarter
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-103.00M	USD	2 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-51.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-32.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-96.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$221.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$153.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$56.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-117.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$113.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$165.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-72.00M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	499.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	513.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	513.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	501.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	513.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	504.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	513.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	503.00M	shares	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-117.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$113.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$165.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-72.00M	USD	2 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$357.00M	USD	2 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$346.00M	USD	2 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$1.93B	USD	2 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$876.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-365.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.65B	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$272.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$185.00M	USD	2 Qtrs
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00M	USD	2 Qtrs
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$53.00M	USD	2 Qtrs
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$1.84B	USD	2 Qtrs
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	-	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-13.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-23.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.64B	USD	2 Qtrs
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$780.00M	USD	2 Qtrs
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.94B	USD	2 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$864.00M	USD	2 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.00B	USD	2 Qtrs
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$112.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$328.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$132.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$940.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$119.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$436.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.36B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.36B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$54.00M	USD	2 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$71.00M	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	501.09M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.94B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.83B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.00B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-117.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$113.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$165.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-72.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$38.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$82.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	2 Qtrs
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$112.00M	USD	2 Qtrs
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$60.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	501.09M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$3.00B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.94B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.83B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.81B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	2 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-117.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$113.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$165.00M	USD	2 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-72.00M	USD	2 Qtrs
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	2 Qtrs
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	2 Qtrs
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$45.00M	USD	2 Qtrs
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-26.00M	USD	1 Quarter
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-21.00M	USD	2 Qtrs
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-17.00M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$7.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$37.00M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-12.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$247.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$151.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-155.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-110.00M	USD	2 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	2 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	2 Qtrs
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	2 Qtrs

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