10-Q Filing

FLEX LTD. CIK: 866374 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000866374-21-000062`
Period End Date	20210930
Filing Date	20211029
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	flex-20211001_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 64 Cash Flow Statement 44 Stockholders Equity 31 Comprehensive Income 20

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$61.00M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$58.00M	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`	$2.46B	USD	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	542.81M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.64B	USD	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	521.71M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	471.47M	shares	Point-in-time
Accounts receivable, net of allowance of $58 and $61, respectively	`AccountsReceivableNetCurrent`	$3.50B	USD	Point-in-time
Accounts receivable, net of allowance of $58 and $61, respectively	`AccountsReceivableNetCurrent`	$3.96B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$392.00M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$282.00M	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
Inventories	`InventoryNet`	$3.90B	USD	Point-in-time
Inventories	`InventoryNet`	$5.17B	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`	$11.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.18B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.10B	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`	$612.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Goodwill	`Goodwill`	$1.08B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$182.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$431.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$549.00M	USD	Point-in-time
Total assets	`Assets`	$16.71B	USD	Point-in-time
Total assets	`Assets`	$15.84B	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$268.00M	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$284.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.85B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.25B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$450.00M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$473.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$848.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.15B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$998.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$960.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.69B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.83B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.50B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.52B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$534.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$562.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$474.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$489.00M	USD	Point-in-time
Ordinary shares, no par value; 521,713,696 and 542,807,200 issued, and 471,474,341 and 492,567,845 outstanding, respectively	`CommonStockValueOutstanding`	$5.79B	USD	Point-in-time
Ordinary shares, no par value; 521,713,696 and 542,807,200 issued, and 471,474,341 and 492,567,845 outstanding, respectively	`CommonStockValueOutstanding`	$6.23B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of October 1, 2021 and March 31, 2021	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of October 1, 2021 and March 31, 2021	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.29B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.75B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-119.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-137.00M	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`	$3.44B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.12B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$16.71B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$15.84B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.57B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.23B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.14B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.99B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$10.41B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.75B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$11.62B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.57B	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$9.00M	USD	1 Quarter
Restructuring charges	`RestructuringChargesCostOfSales`	$9.00M	USD	2 Qtrs
Restructuring charges	`RestructuringChargesCostOfSales`	$34.00M	USD	2 Qtrs
Restructuring charges	`RestructuringChargesCostOfSales`	$24.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$395.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$937.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$698.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$465.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$193.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$414.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$213.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$384.00M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$11.00M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$11.00M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$30.00M	USD	2 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$31.00M	USD	2 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$15.00M	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$493.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$272.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$237.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$175.00M	USD	1 Quarter
Interest and other, net	`OtherNonoperatingIncomeExpense`	$111.00M	USD	2 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-51.00M	USD	2 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-22.00M	USD	1 Quarter
Interest and other, net	`OtherNonoperatingIncomeExpense`	$134.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$604.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$153.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$221.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$371.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$56.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$62.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$113.00M	USD	1 Quarter
Net income	`ProfitLoss`	$165.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$336.00M	USD	1 Quarter
Net income	`ProfitLoss`	$542.00M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.11	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
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	487.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	499.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	482.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	501.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	504.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	503.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	493.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	487.00M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$336.00M	USD	1 Quarter
Net income	`ProfitLoss`	$542.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$165.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$113.00M	USD	1 Quarter
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$283.00M	USD	2 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$236.00M	USD	2 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$813.00M	USD	2 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$264.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$514.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-365.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$210.00M	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`	$5.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-13.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-203.00M	USD	2 Qtrs
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.94B	USD	2 Qtrs
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$20.00M	USD	2 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.00B	USD	2 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$9.00M	USD	2 Qtrs
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$490.00M	USD	2 Qtrs
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-487.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$940.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-179.00M	USD	2 Qtrs
Net increase (decrease) 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`	$2.64B	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`	$2.46B	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`	$2.46B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.36B	USD	Point-in-time
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$122.00M	USD	2 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$54.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange of operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$28.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange of operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$72.00M	USD	2 Qtrs

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	471.47M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$2.94B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.83B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$490.00M	USD	2 Qtrs
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$328.00M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	2 Qtrs
Net income	`ProfitLoss`	$336.00M	USD	1 Quarter
Net income	`ProfitLoss`	$542.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$165.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$113.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-18.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-26.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$82.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$38.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	471.47M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$3.51B	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`	$3.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.12B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$336.00M	USD	1 Quarter
Net income	`ProfitLoss`	$542.00M	USD	2 Qtrs
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	1 Quarter
Net income	`ProfitLoss`	$165.00M	USD	2 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net income	`ProfitLoss`	$113.00M	USD	1 Quarter
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.00M	USD	1 Quarter
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00M	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`	$31.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$37.00M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-7.00M	USD	2 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-10.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$7.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$247.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$151.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$310.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$524.00M	USD	2 Qtrs

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