10-K Filing

FLEX LTD. CIK: 866374 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0000866374-21-000030`
Period End Date	20210331
Filing Date	20210519
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	flex-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 48 Cash Flow Statement 98 Stockholders Equity 30 Comprehensive Income 15

Balance Sheet 65 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`	542.81M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.92B	USD	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.64B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$4.11B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$2.44B	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
Contract assets	`ContractWithCustomerAssetNet`	$282.00M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$135.00M	USD	Point-in-time
Inventories	`InventoryNet`	$3.79B	USD	Point-in-time
Inventories	`InventoryNet`	$3.90B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$590.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$660.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.09B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.36B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.22B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.10B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$642.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$605.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.06B	USD	Point-in-time
Goodwill	`Goodwill`	$1.07B	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$262.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$456.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$431.00M	USD	Point-in-time
Total assets	`Assets`	$15.84B	USD	Point-in-time
Total assets	`Assets`	$13.69B	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`	$268.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.11B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$473.00M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$364.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.85B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.59B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.83B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.21B	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`	$3.52B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$529.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$562.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$430.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$489.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares, no par value; 542,807,200 and 547,665,632 issued, and 492,567,845 and 497,426,277 outstanding as of March 31, 2021 and 2020, respectively	`CommonStockValueOutstanding`	$6.23B	USD	Point-in-time
Ordinary shares, no par value; 542,807,200 and 547,665,632 issued, and 492,567,845 and 497,426,277 outstanding as of March 31, 2021 and 2020, respectively	`CommonStockValueOutstanding`	$6.34B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of March 31, 2021 and 2020, respectively	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of March 31, 2021 and 2020, respectively	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.90B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.29B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-215.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-119.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$13.69B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$15.84B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.12B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.21B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.21B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$22.35B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$24.59B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$22.68B	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$88.00M	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$99.00M	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$190.00M	USD	Annual
Gross profit	`GrossProfit`	$1.34B	USD	Annual
Gross profit	`GrossProfit`	$1.52B	USD	Annual
Gross profit	`GrossProfit`	$1.69B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$817.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$834.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$953.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$74.40M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$64.10M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$61.80M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$13.00M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$14.00M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$26.00M	USD	Annual
Interest, net	`OtherOperatingandNonoperatingIncomeExpense`	$-148.00M	USD	Annual
Interest, net	`OtherOperatingandNonoperatingIncomeExpense`	$-175.00M	USD	Annual
Interest, net	`OtherOperatingandNonoperatingIncomeExpense`	$-174.00M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$-82.00M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$67.00M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$-120.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$159.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$714.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$182.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$101.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$71.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	Annual
Net income	`NetIncomeLoss`	$613.00M	USD	Annual
Net income	`NetIncomeLoss`	$93.00M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.23	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.21	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	527.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	509.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	499.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	506.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	530.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	512.00M	shares	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$613.00M	USD	Annual
Net income	`NetIncomeLoss`	$93.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	Annual
Depreciation	`Depreciation`	$433.40M	USD	Annual
Depreciation	`Depreciation`	$422.40M	USD	Annual
Depreciation	`Depreciation`	$422.30M	USD	Annual
Amortization and other impairment charges	`OtherDepreciationAndAmortization`	$204.00M	USD	Annual
Amortization and other impairment charges	`OtherDepreciationAndAmortization`	$147.00M	USD	Annual
Amortization and other impairment charges	`OtherDepreciationAndAmortization`	$332.00M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$42.00M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$24.00M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.00M	USD	Annual
Non-cash other charges (income)	`OtherNoncashIncomeExpense`	$119.00M	USD	Annual
Non-cash other charges (income)	`OtherNoncashIncomeExpense`	$-13.00M	USD	Annual
Non-cash other charges (income)	`OtherNoncashIncomeExpense`	$39.00M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$122.00M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$124.00M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	-	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$71.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$76.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$79.00M	USD	Annual
Gain from deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Gain from deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Gain from deconsolidation of subsidiary	`DeconsolidationGainOrLossAmount`	$87.00M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$-12.00M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$-14.00M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$6.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.13B	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.63B	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.66B	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$66.00M	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-148.00M	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-216.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$66.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$360.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$96.00M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$-62.00M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.00M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$103.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$68.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.00M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-139.00M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-147.00M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$324.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.53B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$144.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.97B	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$726.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$351.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$462.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$106.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$85.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$94.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-3.00M	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$3.00M	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$267.00M	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	-	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$3.59B	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$2.57B	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-67.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-67.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-45.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-202.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.28B	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.25B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.07B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$2.06B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$3.20B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.32B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.06B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.14B	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$183.00M	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$260.00M	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$189.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$20.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$3.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-508.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$743.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.00M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$226.00M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$225.00M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$714.00M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.92B	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`	$1.92B	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`	$2.64B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$189.00M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$260.00M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$183.00M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	Annual
Net income	`ProfitLoss`	$613.00M	USD	Annual
Net income	`ProfitLoss`	$93.00M	USD	Annual
Net income	`ProfitLoss`	$88.00M	USD	Annual
Stock-based compensation, net of tax	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$71.00M	USD	Annual
Stock-based compensation, net of tax	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$76.00M	USD	Annual
Stock-based compensation, net of tax	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$79.00M	USD	Annual
Cumulative effect on opening equity of adopting accounting standards and other	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Cumulative effect on opening equity of adopting accounting standards and other	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Cumulative effect on opening equity of adopting accounting standards and other	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Cumulative effect on opening equity of adopting accounting standards and other	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$96.00M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-64.00M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-65.00M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	497.43M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.02B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Net income	`NetIncomeLoss`	$613.00M	USD	Annual
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Net income	`NetIncomeLoss`	$93.00M	USD	Annual
Net income	`NetIncomeLoss`	$88.00M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-59.00M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$56.00M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-24.00M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$40.00M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.00M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-40.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$709.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$24.00M	USD	Annual

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