10-K Filing

FLEX LTD. CIK: 866374 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000866374-22-000035`
Period End Date	20220331
Filing Date	20220520
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	flex-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 71 Cash Flow Statement 101 Stockholders Equity 43 Comprehensive Income 23

Balance Sheet 71 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`	542.81M	shares	Point-in-time
Ordinary shares, issued (in shares)	`CommonStockSharesIssued`	510.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.64B	USD	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	460.56M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.96B	USD	Point-in-time
Ordinary shares, outstanding (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	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
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$3.96B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$3.37B	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$282.00M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$519.00M	USD	Point-in-time
Inventories	`InventoryNet`	$3.90B	USD	Point-in-time
Inventories	`InventoryNet`	$6.58B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$590.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$903.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.10B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.12B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$637.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$642.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.34B	USD	Point-in-time
Goodwill	`Goodwill`	$1.06B	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$213.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$411.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$431.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$473.00M	USD	Point-in-time
Total assets	`Assets`	$15.84B	USD	Point-in-time
Total assets	`Assets`	$19.32B	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$949.00M	USD	Point-in-time
Bank borrowings and current portion of long-term debt	`LongTermDebtCurrent`	$268.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.25B	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$473.00M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$470.00M	USD	Point-in-time
Deferred revenue and customer working capital advances	`ContractWithCustomerLiabilityCurrent`	$2.00B	USD	Point-in-time
Deferred revenue and customer working capital advances	`ContractWithCustomerLiabilityCurrent`	$848.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$998.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.04B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.71B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.83B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.25B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.52B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$551.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$562.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$608.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$489.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$15.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$12.40B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityRedemptionValue`	$78.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityRedemptionValue`	-	USD	Point-in-time
Ordinary shares, no par value; 510,799,667 and 542,807,200 issued, and 460,560,312 and 492,567,845 outstanding as of March 31, 2022 and 2021, respectively	`CommonStockValueOutstanding`	$6.05B	USD	Point-in-time
Ordinary shares, no par value; 510,799,667 and 542,807,200 issued, and 460,560,312 and 492,567,845 outstanding as of March 31, 2022 and 2021, respectively	`CommonStockValueOutstanding`	$6.23B	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of March 31, 2022 and 2021, respectively	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Treasury stock, at cost; 50,239,355 shares as of March 31, 2022 and 2021, respectively	`TreasuryStockValue`	$388.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.29B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.35B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-119.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-182.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.13B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	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 liabilities, redeemable noncontrolling interest, and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$19.32B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$15.84B	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.21B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.04B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.27B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.85B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.12B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$22.35B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$24.09B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$22.68B	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$15.00M	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$190.00M	USD	Annual
Restructuring charges	`RestructuringChargesCostOfSales`	$88.00M	USD	Annual
Gross profit	`GrossProfit`	$505.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.69B	USD	Annual
Gross profit	`GrossProfit`	$1.93B	USD	Annual
Gross profit	`GrossProfit`	$509.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.34B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$892.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$834.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$817.00M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$61.80M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$64.10M	USD	Annual
Intangible amortization	`AmortizationOfIntangibleAssets`	$67.90M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$26.00M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	$13.00M	USD	Annual
Restructuring charges	`RestructuringChargesIndirectCost`	-	USD	Annual
Operating income	`OperatingIncomeLoss`	$795.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$972.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$415.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$282.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$228.00M	USD	1 Quarter
Interest, net	`OtherOperatingandNonoperatingIncomeExpense`	$-152.00M	USD	Annual
Interest, net	`OtherOperatingandNonoperatingIncomeExpense`	$-148.00M	USD	Annual
Interest, net	`OtherOperatingandNonoperatingIncomeExpense`	$-174.00M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$225.00M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$-82.00M	USD	Annual
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$67.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.04B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$159.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$714.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$105.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$71.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$101.00M	USD	Annual
Net income	`ProfitLoss`	$240.00M	USD	1 Quarter
Net income	`ProfitLoss`	$613.00M	USD	Annual
Net income	`ProfitLoss`	$172.00M	USD	1 Quarter
Net income	`ProfitLoss`	$940.00M	USD	Annual
Net income	`ProfitLoss`	$88.00M	USD	Annual
Net income attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	Annual
Net income attributable to Flex Ltd.	`NetIncomeLoss`	$240.00M	USD	1 Quarter
Net income attributable to Flex Ltd.	`NetIncomeLoss`	$936.00M	USD	Annual
Net income attributable to Flex Ltd.	`NetIncomeLoss`	$88.00M	USD	Annual
Net income attributable to Flex Ltd.	`NetIncomeLoss`	$168.00M	USD	1 Quarter
Net income attributable to Flex Ltd.	`NetIncomeLoss`	$613.00M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.23	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.97	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.94	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.21	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	509.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	476.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	499.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	512.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	483.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	506.00M	shares	Annual

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$613.00M	USD	Annual
Net income	`NetIncomeLoss`	$168.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.00M	USD	Annual
Net income	`NetIncomeLoss`	$240.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$936.00M	USD	Annual
Depreciation	`Depreciation`	$422.40M	USD	Annual
Depreciation	`Depreciation`	$422.30M	USD	Annual
Depreciation	`Depreciation`	$408.90M	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`	$75.00M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-3.00M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$24.00M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.00M	USD	Annual
Other non-cash income	`OtherNoncashIncomeExpense`	$39.00M	USD	Annual
Other non-cash income	`OtherNoncashIncomeExpense`	$119.00M	USD	Annual
Other non-cash income	`OtherNoncashIncomeExpense`	$54.00M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$122.00M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$130.00M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$124.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$91.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$71.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$79.00M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$-12.00M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$-44.00M	USD	Annual
Deferred income taxes	`CashFlowImpactIncomeTaxExpenseBenefit`	$6.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-624.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.61B	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.11B	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$226.00M	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$86.00M	USD	Annual
Contract assets	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-107.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$66.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$96.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$2.65B	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$295.00M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.00M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$-62.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$103.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$969.00M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-139.00M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.07B	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$324.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$144.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.02B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.53B	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$462.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$351.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$443.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$85.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.00M	USD	Annual
Proceeds from the disposition of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$106.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$539.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.00M	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`	$3.00M	USD	Annual
Proceeds from divestiture of businesses, net of cash held in divested businesses	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$9.00M	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	-	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	$2.57B	USD	Annual
Cash collections of deferred purchase price	`ProceedsFromCollectionOfDeferredPurchasePriceReceivables`	-	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-67.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-67.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-951.00M	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
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$2.06B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$1.07B	USD	Annual
Proceeds from bank borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$759.00M	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.14B	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$284.00M	USD	Annual
Repayments of bank borrowings and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.32B	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$260.00M	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$686.00M	USD	Annual
Payments for repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$183.00M	USD	Annual
Proceeds from sale of subsidiary's redeemable preferred units	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$488.00M	USD	Annual
Proceeds from sale of subsidiary's redeemable preferred units	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Proceeds from sale of subsidiary's redeemable preferred units	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Proceeds from sale of subsidiary's redeemable preferred units	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$487.50M	USD	Point-in-time
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$3.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	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`	$743.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$280.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-26.00M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.00M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$714.00M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$327.00M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$226.00M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.70B	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`	$2.96B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.96B	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`	$1.92B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Redeemable noncontrolling interests, beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Redeemable noncontrolling interests, beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Redeemable noncontrolling interests, beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Redeemable noncontrolling interests, beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Temporary equity, sale of subsidiary's redeemable preferred units, net of transaction cost	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$74.00M	USD	Annual
Net income	`TemporaryEquityNetIncome`	$4.00M	USD	Annual
Redeemable noncontrolling interests, ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Redeemable noncontrolling interests, ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$78.00M	USD	Point-in-time
Redeemable noncontrolling interests, ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Redeemable noncontrolling interests, ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	460.56M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.13B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Sale of subsidiary's redeemable preferred units, net of transaction cost	`EquityIssuanceOfSubsidiarysRedeemablePreferredUnitsNetOfTransactionCost`	$414.00M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$183.00M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$686.00M	USD	Annual
Repurchase of Flex Ltd. ordinary shares at cost	`TreasuryStockValueAcquiredCostMethod`	$260.00M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00M	USD	Annual
Net income	`NetIncomeLoss`	$613.00M	USD	Annual
Net income	`NetIncomeLoss`	$168.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.00M	USD	Annual
Net income	`NetIncomeLoss`	$240.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$936.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$79.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$91.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$71.00M	USD	Annual
Cumulative effect on opening equity of adopting accounting standards and other	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	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`	$4.13B	USD	Point-in-time
Cumulative effect on opening equity of adopting accounting standards and other	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-63.00M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$96.00M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-64.00M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	492.57M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	460.56M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.13B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time

Comprehensive Income 23 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Net income	`ProfitLoss`	$940.00M	USD	Annual
Net income	`ProfitLoss`	$172.00M	USD	1 Quarter
Net income	`ProfitLoss`	$88.00M	USD	Annual
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Net income	`ProfitLoss`	$613.00M	USD	Annual
Net income	`ProfitLoss`	$240.00M	USD	1 Quarter
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-39.00M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-24.00M	USD	Annual
Foreign currency translation adjustments, net of zero tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$56.00M	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`	$40.00M	USD	Annual
Unrealized gain (loss) on derivative instruments and other, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-24.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$709.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$877.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.00M	USD	Annual
Comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	Annual
Comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to Flex Ltd.	`ComprehensiveIncomeNetOfTax`	$24.00M	USD	Annual
Comprehensive income attributable to Flex Ltd.	`ComprehensiveIncomeNetOfTax`	$709.00M	USD	Annual
Comprehensive income attributable to Flex Ltd.	`ComprehensiveIncomeNetOfTax`	$873.00M	USD	Annual

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