10-Q Filing

FLEX LTD. CIK: 866374 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000866374-22-000016`
Period End Date	20211231
Filing Date	20220204
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	flex-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 56 Cash Flow Statement 46 Stockholders Equity 33 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`	$56.00M	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`	$2.64B	USD	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	516.86M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.57B	USD	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	542.81M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	466.62M	shares	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Accounts receivable, net of allowance of $56 and $61, respectively	`AccountsReceivableNetCurrent`	$3.49B	USD	Point-in-time
Accounts receivable, net of allowance of $56 and $61, respectively	`AccountsReceivableNetCurrent`	$3.96B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$390.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	50.24M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$282.00M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	50.24M	shares	Point-in-time
Inventories	`InventoryNet`	$3.90B	USD	Point-in-time
Inventories	`InventoryNet`	$5.96B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$798.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$590.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.21B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.10B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.11B	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`	$622.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Goodwill	`Goodwill`	$1.35B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$428.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$454.00M	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`	$18.18B	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$648.00M	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`	$5.99B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$473.00M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$465.00M	USD	Point-in-time
Deferred revenue and customer working capital advances	`ContractWithCustomerLiabilityCurrent`	$1.55B	USD	Point-in-time
Deferred revenue and customer working capital advances	`ContractWithCustomerLiabilityCurrent`	$848.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$988.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$998.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.83B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.64B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.52B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.80B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$545.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$562.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$489.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$535.00M	USD	Point-in-time
Ordinary shares, no par value; 516,858,940 and 542,807,200 issued, and 466,619,585 and 492,567,845 outstanding, respectively	`CommonStockValueOutstanding`	$6.23B	USD	Point-in-time
Ordinary shares, no par value; 516,858,940 and 542,807,200 issued, and 466,619,585 and 492,567,845 outstanding, respectively	`CommonStockValueOutstanding`	$5.72B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of December 31, 2021 and March 31, 2021	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of December 31, 2021 and March 31, 2021	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.52B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.29B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-158.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-119.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.83B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.38B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.44B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.12B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.65B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$15.84B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$18.18B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.19B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.72B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.86B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.62B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$17.76B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$6.13B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$6.24B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$16.68B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.43B	USD	3 Qtrs
Gross profit	`GrossProfit`	$479.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.18B	USD	3 Qtrs
Gross profit	`GrossProfit`	$491.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$618.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$223.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$225.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$638.00M	USD	3 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$47.00M	USD	3 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$45.00M	USD	3 Qtrs
Intangible amortization	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Intangible amortization	`AmortizationOfIntangibleAssets`	$15.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$240.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$251.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$512.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$745.00M	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`	$103.00M	USD	3 Qtrs
Interest and other, net	`OtherNonoperatingIncomeExpense`	$-8.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$233.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$848.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$243.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$454.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$16.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$79.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$81.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.00M	USD	1 Quarter
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Net income	`ProfitLoss`	$769.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
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`	$1.60	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.58	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	500.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	481.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	500.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	469.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	505.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	508.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	487.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	474.00M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Net income	`ProfitLoss`	$769.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$357.00M	USD	3 Qtrs
Depreciation, amortization and other impairment charges	`DepreciationDepletionAndAmortization`	$430.00M	USD	3 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$462.00M	USD	3 Qtrs
Changes in working capital and other, net	`IncreaseDecreaseInOperatingCapital`	$820.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$664.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$333.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$261.00M	USD	3 Qtrs
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00M	USD	3 Qtrs
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.00M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$523.00M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-19.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-828.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-226.00M	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`	$729.00M	USD	3 Qtrs
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$38.00M	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`	$580.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$108.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$893.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-63.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$688.00M	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`	$1.92B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	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`	$1.92B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$73.00M	USD	3 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$105.00M	USD	3 Qtrs
Right-of-use assets obtained in exchange of operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$98.00M	USD	3 Qtrs
Right-of-use assets obtained in exchange of operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$42.00M	USD	3 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	466.62M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$2.83B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.65B	USD	Point-in-time
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$38.00M	USD	3 Qtrs
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$580.00M	USD	3 Qtrs
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$90.00M	USD	1 Quarter
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$38.00M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Net income	`ProfitLoss`	$769.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$69.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$71.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-39.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$153.00M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	466.62M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$3.12B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.83B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.65B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income	`ProfitLoss`	$208.00M	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	3 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$769.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$227.00M	USD	1 Quarter
Net income	`ProfitLoss`	$373.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-19.00M	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`	$-8.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$29.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-13.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$66.00M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-20.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$730.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$206.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$526.00M	USD	3 Qtrs

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