10-Q Filing

FLEX LTD. CIK: 866374 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000866374-21-000019`
Period End Date	20201231
Filing Date	20210129
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	flex-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 60 Cash Flow Statement 44 Stockholders Equity 33 Comprehensive Income 24

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$77.00M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$96.00M	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`	549.21M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.61B	USD	Point-in-time
Ordinary shares, issued (shares)	`CommonStockSharesIssued`	547.67M	shares	Point-in-time
Accounts receivable, net of allowance of $77 and $96, respectively	`AccountsReceivableNetCurrent`	$2.44B	USD	Point-in-time
Accounts receivable, net of allowance of $77 and $96, respectively	`AccountsReceivableNetCurrent`	$4.07B	USD	Point-in-time
Ordinary shares, outstanding (shares)	`CommonStockSharesOutstanding`	498.97M	shares	Point-in-time
Ordinary shares, outstanding (shares)	`CommonStockSharesOutstanding`	497.43M	shares	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
Contract assets	`ContractWithCustomerAssetNet`	$121.00M	USD	Point-in-time
Inventories	`InventoryNet`	$3.70B	USD	Point-in-time
Inventories	`InventoryNet`	$3.79B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$660.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$610.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.09B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.11B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.10B	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`	$609.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.11B	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`	$233.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$509.00M	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`	$15.67B	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$149.00M	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$72.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.16B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.11B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$364.00M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$475.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.59B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.81B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.52B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.74B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$2.69B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$529.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$544.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$430.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$484.00M	USD	Point-in-time
Ordinary shares, no par value; 549,211,158 and 547,665,632 issued, and 498,971,803 and 497,426,277 outstanding, respectively	`CommonStockValueOutstanding`	$6.34B	USD	Point-in-time
Ordinary shares, no par value; 549,211,158 and 547,665,632 issued, and 498,971,803 and 497,426,277 outstanding, respectively	`CommonStockValueOutstanding`	$6.36B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of December 31, 2020 and March 31, 2020	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of December 31, 2020 and March 31, 2020	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.53B	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`	$-62.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.90B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.12B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.97B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.38B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.81B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.83B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$13.69B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$15.67B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$18.73B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.86B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.72B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.46B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$17.58B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$6.02B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$16.62B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$6.21B	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$63.00M	USD	3 Qtrs
Restructuring charges	`RestructuringChargesCostOfSales`	$14.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$29.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$175.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.18B	USD	3 Qtrs
Gross profit	`GrossProfit`	$430.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$972.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$479.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$222.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$218.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$606.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$633.00M	USD	3 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$49.00M	USD	3 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$47.00M	USD	3 Qtrs
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$1.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$1.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$12.00M	USD	3 Qtrs
Restructuring charges	`RestructuringChargesSellingGeneralAndAdministrativeExpense`	$24.00M	USD	3 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-58.00M	USD	3 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-50.00M	USD	1 Quarter
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-153.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$454.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$145.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$233.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$81.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$74.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$111.00M	USD	1 Quarter
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Net income	`ProfitLoss`	$39.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	500.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	507.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	500.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	511.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	510.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	508.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	505.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	515.00M	shares	3 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$111.00M	USD	1 Quarter
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Net income	`ProfitLoss`	$39.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$526.00M	USD	3 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$526.00M	USD	3 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$916.00M	USD	3 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$2.26B	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.70B	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$261.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$376.00M	USD	3 Qtrs
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.00M	USD	3 Qtrs
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$102.00M	USD	3 Qtrs
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$2.51B	USD	3 Qtrs
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	-	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-24.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-226.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.26B	USD	3 Qtrs
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.94B	USD	3 Qtrs
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.02B	USD	3 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.31B	USD	3 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.01B	USD	3 Qtrs
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$38.00M	USD	3 Qtrs
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$173.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$893.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-462.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.00M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$688.00M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$92.00M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.79B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.79B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	USD	Point-in-time
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$64.00M	USD	3 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$73.00M	USD	3 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	498.97M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$2.90B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.83B	USD	Point-in-time
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$38.00M	USD	1 Quarter
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$61.00M	USD	1 Quarter
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$38.00M	USD	3 Qtrs
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$173.00M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$39.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$111.00M	USD	1 Quarter
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$71.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$153.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	498.97M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.90B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.83B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$111.00M	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$39.00M	USD	3 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	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	3 Qtrs
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Unrealized loss on derivative instruments and other, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	3 Qtrs
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$42.00M	USD	1 Quarter
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$87.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.00M	USD	1 Quarter
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.00M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$29.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$66.00M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of zero tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$526.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$135.00M	USD	1 Quarter

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