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10-Q Filing

FLEX LTD. CIK: 866374 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0000866374-24-000034
Period End Date 20240630
Filing Date 20240726
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance flex-20240628_htm.xml
Balance Sheet 130 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance AllowanceForDoubtfulAccountsReceivableCurrent $12.00M USD Point-in-time
Accounts receivable, allowance AllowanceForDoubtfulAccountsReceivableCurrent $12.00M USD Point-in-time
Accounts receivable, allowance AllowanceForDoubtfulAccountsReceivableCurrent $11.00M USD Point-in-time
Accounts receivable, allowance AllowanceForDoubtfulAccountsReceivableCurrent $11.00M 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
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, authorized (in shares) CommonStockSharesAuthorized 1.50B shares Point-in-time
Ordinary shares, authorized (in shares) CommonStockSharesAuthorized 1.50B shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.24B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.24B USD Point-in-time
Ordinary shares, authorized (in shares) CommonStockSharesAuthorized 1.50B shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.47B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.47B USD Point-in-time
Ordinary shares, authorized (in shares) CommonStockSharesAuthorized 1.50B shares Point-in-time
Accounts receivable, net of allowance of $11 and $12, respectively AccountsReceivableNetCurrent $3.03B USD Point-in-time
Accounts receivable, net of allowance of $11 and $12, respectively AccountsReceivableNetCurrent $3.03B USD Point-in-time
Ordinary shares, issued (in shares) CommonStockSharesIssued 399.38M shares Point-in-time
Ordinary shares, issued (in shares) CommonStockSharesIssued 399.38M shares Point-in-time
Accounts receivable, net of allowance of $11 and $12, respectively AccountsReceivableNetCurrent $2.95B USD Point-in-time
Accounts receivable, net of allowance of $11 and $12, respectively AccountsReceivableNetCurrent $2.95B USD Point-in-time
Ordinary shares, issued (in shares) CommonStockSharesIssued 408.10M shares Point-in-time
Ordinary shares, issued (in shares) CommonStockSharesIssued 408.10M shares Point-in-time
Ordinary shares, outstanding (in shares) CommonStockSharesOutstanding 408.10M shares Point-in-time
Ordinary shares, outstanding (in shares) CommonStockSharesOutstanding 399.38M shares Point-in-time
Ordinary shares, outstanding (in shares) CommonStockSharesOutstanding 408.10M shares Point-in-time
Ordinary shares, outstanding (in shares) CommonStockSharesOutstanding 399.38M shares Point-in-time
Contract assets ContractWithCustomerAssetNet $457.00M USD Point-in-time
Contract assets ContractWithCustomerAssetNet $249.00M USD Point-in-time
Contract assets ContractWithCustomerAssetNet $457.00M USD Point-in-time
Contract assets ContractWithCustomerAssetNet $249.00M USD Point-in-time
Inventories InventoryNet $6.21B USD Point-in-time
Inventories InventoryNet $6.21B USD Point-in-time
Inventories InventoryNet $5.84B USD Point-in-time
Inventories InventoryNet $5.84B USD Point-in-time
Other current assets OtherAssetsCurrent $1.06B USD Point-in-time
Other current assets OtherAssetsCurrent $1.03B USD Point-in-time
Other current assets OtherAssetsCurrent $1.03B USD Point-in-time
Other current assets OtherAssetsCurrent $1.06B USD Point-in-time
Total current assets AssetsCurrent $12.99B USD Point-in-time
Total current assets AssetsCurrent $12.99B USD Point-in-time
Total current assets AssetsCurrent $12.55B USD Point-in-time
Total current assets AssetsCurrent $12.55B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.23B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.23B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.27B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.27B USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $573.00M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $573.00M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $601.00M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $601.00M USD Point-in-time
Goodwill Goodwill $1.14B USD Point-in-time
Goodwill Goodwill $1.14B USD Point-in-time
Goodwill Goodwill $8.00M USD Point-in-time
Goodwill Goodwill $8.00M USD Point-in-time
Goodwill Goodwill $1.14B USD Point-in-time
Goodwill Goodwill $1.14B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $245.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $230.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $230.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $245.00M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.01B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.01B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.02B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.02B USD Point-in-time
Total assets Assets $18.26B USD Point-in-time
Total assets Assets $18.26B USD Point-in-time
Total assets Assets $17.74B USD Point-in-time
Total assets Assets $17.74B USD Point-in-time
Bank borrowings and current portion of long-term debt LongTermDebtCurrent $543.00M USD Point-in-time
Bank borrowings and current portion of long-term debt LongTermDebtCurrent $543.00M USD Point-in-time
Bank borrowings and current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Bank borrowings and current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Accounts payable AccountsPayableCurrent $4.73B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.73B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.47B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.47B USD Point-in-time
Accrued payroll and benefits EmployeeRelatedLiabilitiesCurrent $488.00M USD Point-in-time
Accrued payroll and benefits EmployeeRelatedLiabilitiesCurrent $488.00M USD Point-in-time
Accrued payroll and benefits EmployeeRelatedLiabilitiesCurrent $428.00M USD Point-in-time
Accrued payroll and benefits EmployeeRelatedLiabilitiesCurrent $428.00M USD Point-in-time
Deferred revenue and customer working capital advances DeferredRevenueAndCustomerWorkingCapitalAdvances $2.27B USD Point-in-time
Deferred revenue and customer working capital advances DeferredRevenueAndCustomerWorkingCapitalAdvances $2.27B USD Point-in-time
Deferred revenue and customer working capital advances DeferredRevenueAndCustomerWorkingCapitalAdvances $2.62B USD Point-in-time
Deferred revenue and customer working capital advances DeferredRevenueAndCustomerWorkingCapitalAdvances $2.62B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $968.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $968.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.01B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.01B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.54B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.54B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.97B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.97B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $2.67B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $2.67B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $3.26B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $3.26B USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $490.00M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $490.00M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $463.00M USD Point-in-time
Operating lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $463.00M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $642.00M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $642.00M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $637.00M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $637.00M USD Point-in-time
Total liabilities Liabilities $12.74B USD Point-in-time
Total liabilities Liabilities $12.74B USD Point-in-time
Total liabilities Liabilities $12.93B USD Point-in-time
Total liabilities Liabilities $12.93B USD Point-in-time
Ordinary shares, no par value; 1,500,000,000 authorized, 399,382,891 and 408,101,772 issued, and 399,382,891 and 408,101,772 outstanding, respectively CommonStockValueOutstanding $5.07B USD Point-in-time
Ordinary shares, no par value; 1,500,000,000 authorized, 399,382,891 and 408,101,772 issued, and 399,382,891 and 408,101,772 outstanding, respectively CommonStockValueOutstanding $5.07B USD Point-in-time
Ordinary shares, no par value; 1,500,000,000 authorized, 399,382,891 and 408,101,772 issued, and 399,382,891 and 408,101,772 outstanding, respectively CommonStockValueOutstanding $4.65B USD Point-in-time
Ordinary shares, no par value; 1,500,000,000 authorized, 399,382,891 and 408,101,772 issued, and 399,382,891 and 408,101,772 outstanding, respectively CommonStockValueOutstanding $4.65B USD Point-in-time
Accumulated earnings RetainedEarningsAccumulatedDeficit $446.00M USD Point-in-time
Accumulated earnings RetainedEarningsAccumulatedDeficit $446.00M USD Point-in-time
Accumulated earnings RetainedEarningsAccumulatedDeficit $585.00M USD Point-in-time
Accumulated earnings RetainedEarningsAccumulatedDeficit $585.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-238.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-238.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-195.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-195.00M USD Point-in-time
Total shareholders equity StockholdersEquity $5.00B USD Point-in-time
Total shareholders equity StockholdersEquity $5.00B USD Point-in-time
Total shareholders equity StockholdersEquity $5.33B USD Point-in-time
Total shareholders equity StockholdersEquity $5.33B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $18.26B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $17.74B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $18.26B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $17.74B USD Point-in-time
Income Statement 104 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $6.89B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $6.89B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $6.31B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $6.31B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $5.83B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $5.83B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $6.40B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $6.40B USD 1 Quarter
Restructuring charges RestructuringChargesCostOfSales $16.00M USD 1 Quarter
Restructuring charges RestructuringChargesCostOfSales $16.00M USD 1 Quarter
Restructuring charges RestructuringChargesCostOfSales $17.00M USD 1 Quarter
Restructuring charges RestructuringChargesCostOfSales $17.00M USD 1 Quarter
Gross profit GrossProfit $471.00M USD 1 Quarter
Gross profit GrossProfit $471.00M USD 1 Quarter
Gross profit GrossProfit $476.00M USD 1 Quarter
Gross profit GrossProfit $476.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $235.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $235.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $213.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $213.00M USD 1 Quarter
Restructuring charges RestructuringChargesIndirectCost $6.00M USD 1 Quarter
Restructuring charges RestructuringChargesIndirectCost $6.00M USD 1 Quarter
Restructuring charges RestructuringChargesIndirectCost $9.00M USD 1 Quarter
Restructuring charges RestructuringChargesIndirectCost $9.00M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $16.00M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $16.00M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $20.00M USD 1 Quarter
Intangible amortization AmortizationOfIntangibleAssets $20.00M USD 1 Quarter
Operating income OperatingIncomeLoss $233.00M USD 1 Quarter
Operating income OperatingIncomeLoss $233.00M USD 1 Quarter
Operating income OperatingIncomeLoss $215.00M USD 1 Quarter
Operating income OperatingIncomeLoss $215.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $56.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $56.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $56.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $56.00M USD 1 Quarter
Interest income InterestAndOtherIncome $16.00M USD 1 Quarter
Interest income InterestAndOtherIncome $16.00M USD 1 Quarter
Interest income InterestAndOtherIncome $16.00M USD 1 Quarter
Interest income InterestAndOtherIncome $16.00M USD 1 Quarter
Other charges (income), net OtherNonoperatingIncomeExpense $-1.00M USD 1 Quarter
Other charges (income), net OtherNonoperatingIncomeExpense $-11.00M USD 1 Quarter
Other charges (income), net OtherNonoperatingIncomeExpense $-11.00M USD 1 Quarter
Other charges (income), net OtherNonoperatingIncomeExpense $-1.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $192.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $192.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $164.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $164.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $17.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $17.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $53.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $53.00M USD 1 Quarter
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $147.00M USD 1 Quarter
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $147.00M USD 1 Quarter
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $139.00M USD 1 Quarter
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $139.00M USD 1 Quarter
Net income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Net income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Net income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $64.00M USD 1 Quarter
Net income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $64.00M USD 1 Quarter
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $211.00M USD 1 Quarter
Net income ProfitLoss $211.00M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $25.00M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $25.00M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income attributable to Flex Ltd. NetIncomeLoss $139.00M USD 1 Quarter
Net income attributable to Flex Ltd. NetIncomeLoss $139.00M USD 1 Quarter
Net income attributable to Flex Ltd. NetIncomeLoss $186.00M USD 1 Quarter
Net income attributable to Flex Ltd. NetIncomeLoss $186.00M USD 1 Quarter
Basic earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.35 USD 1 Quarter
Basic earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.35 USD 1 Quarter
Basic earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.33 USD 1 Quarter
Basic earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.33 USD 1 Quarter
Basic earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.09 USD 1 Quarter
Basic earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.09 USD 1 Quarter
Basic earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Basic earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Basic earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareBasic $0.35 USD 1 Quarter
Basic earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareBasic $0.35 USD 1 Quarter
Basic earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareBasic $0.42 USD 1 Quarter
Basic earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareBasic $0.42 USD 1 Quarter
Diluted earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.34 USD 1 Quarter
Diluted earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.34 USD 1 Quarter
Diluted earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.32 USD 1 Quarter
Diluted earnings per share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.32 USD 1 Quarter
Diluted earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.09 USD 1 Quarter
Diluted earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.09 USD 1 Quarter
Diluted earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Diluted earnings per share from discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Diluted earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareDiluted $0.34 USD 1 Quarter
Diluted earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareDiluted $0.34 USD 1 Quarter
Diluted earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareDiluted $0.41 USD 1 Quarter
Diluted earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) EarningsPerShareDiluted $0.41 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 447.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 447.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 402.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 402.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 455.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 411.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 455.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 411.00M shares 1 Quarter
Cash Flow Statement 88 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $211.00M USD 1 Quarter
Net income ProfitLoss $211.00M USD 1 Quarter
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $139.00M USD 1 Quarter
Depreciation, amortization and other impairment charges DepreciationDepletionAndAmortization $133.00M USD 1 Quarter
Depreciation, amortization and other impairment charges DepreciationDepletionAndAmortization $133.00M USD 1 Quarter
Depreciation, amortization and other impairment charges DepreciationDepletionAndAmortization $126.00M USD 1 Quarter
Depreciation, amortization and other impairment charges DepreciationDepletionAndAmortization $126.00M USD 1 Quarter
Changes in working capital and other, net IncreaseDecreaseInOperatingCapital $-75.00M USD 1 Quarter
Changes in working capital and other, net IncreaseDecreaseInOperatingCapital $-75.00M USD 1 Quarter
Changes in working capital and other, net IncreaseDecreaseInOperatingCapital $338.00M USD 1 Quarter
Changes in working capital and other, net IncreaseDecreaseInOperatingCapital $338.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $6.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $6.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $340.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $340.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $111.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $111.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $167.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $167.00M USD 1 Quarter
Proceeds from the disposition of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $11.00M USD 1 Quarter
Proceeds from the disposition of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $11.00M USD 1 Quarter
Proceeds from the disposition of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.00M USD 1 Quarter
Proceeds from the disposition of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.00M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-2.00M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-2.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-24.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-24.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-155.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-155.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-82.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-82.00M USD 1 Quarter
Proceeds from bank borrowings and long-term debt ProceedsFromIssuanceOfDebt - USD 1 Quarter
Proceeds from bank borrowings and long-term debt ProceedsFromIssuanceOfDebt - USD 1 Quarter
Proceeds from bank borrowings and long-term debt ProceedsFromIssuanceOfDebt $2.00M USD 1 Quarter
Proceeds from bank borrowings and long-term debt ProceedsFromIssuanceOfDebt $2.00M USD 1 Quarter
Repayments of bank borrowings and long-term debt RepaymentsOfDebtAndCapitalLeaseObligations $243.00M USD 1 Quarter
Repayments of bank borrowings and long-term debt RepaymentsOfDebtAndCapitalLeaseObligations $243.00M USD 1 Quarter
Repayments of bank borrowings and long-term debt RepaymentsOfDebtAndCapitalLeaseObligations $41.00M USD 1 Quarter
Repayments of bank borrowings and long-term debt RepaymentsOfDebtAndCapitalLeaseObligations $41.00M USD 1 Quarter
Payments for repurchases of ordinary shares PaymentsForRepurchaseOfCommonStock $197.00M USD 1 Quarter
Payments for repurchases of ordinary shares PaymentsForRepurchaseOfCommonStock $197.00M USD 1 Quarter
Payments for repurchases of ordinary shares PaymentsForRepurchaseOfCommonStock $457.00M USD 1 Quarter
Payments for repurchases of ordinary shares PaymentsForRepurchaseOfCommonStock $457.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $30.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $30.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-48.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-48.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-486.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-486.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-468.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-468.00M USD 1 Quarter
Effect of exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.00M USD 1 Quarter
Effect of exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.00M USD 1 Quarter
Effect of exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-21.00M USD 1 Quarter
Effect of exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-21.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-231.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-231.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-634.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-634.00M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.66B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.24B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.24B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.66B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.47B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.29B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.47B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.29B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.24B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.66B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.66B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.24B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.29B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.47B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.47B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.29B USD Point-in-time
Unpaid purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid $158.00M USD 1 Quarter
Unpaid purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid $158.00M USD 1 Quarter
Unpaid purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid $69.00M USD 1 Quarter
Unpaid purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid $69.00M USD 1 Quarter
Right-of-use assets obtained in exchange of operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $37.00M USD 1 Quarter
Right-of-use assets obtained in exchange of operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $14.00M USD 1 Quarter
Right-of-use assets obtained in exchange of operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $14.00M USD 1 Quarter
Right-of-use assets obtained in exchange of operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $37.00M USD 1 Quarter
Stockholders Equity 40 line items
Line Item Tag Value Unit Period
Beginning balance (in shares) CommonStockSharesOutstanding 408.10M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 408.10M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 399.38M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 399.38M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.00B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.00B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.33B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.33B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.71B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.79B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.79B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.71B USD Point-in-time
Repurchase of Flex Ltd. ordinary shares at cost TreasuryStockValueAcquiredCostMethod $457.00M USD 1 Quarter
Repurchase of Flex Ltd. ordinary shares at cost TreasuryStockValueAcquiredCostMethod $197.00M USD 1 Quarter
Repurchase of Flex Ltd. ordinary shares at cost TreasuryStockValueAcquiredCostMethod $197.00M USD 1 Quarter
Repurchase of Flex Ltd. ordinary shares at cost TreasuryStockValueAcquiredCostMethod $457.00M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $139.00M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $139.00M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $211.00M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $211.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $41.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $41.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $32.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $32.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-43.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-43.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $25.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $25.00M USD 1 Quarter
Ending balance (in shares) CommonStockSharesOutstanding 399.38M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 399.38M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 408.10M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 408.10M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.00B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.79B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.79B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.71B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.71B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.33B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.33B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.00B USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $211.00M USD 1 Quarter
Net income ProfitLoss $211.00M USD 1 Quarter
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $139.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-9.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-9.00M USD 1 Quarter
Unrealized gain (loss) on derivative instruments and other OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-27.00M USD 1 Quarter
Unrealized gain (loss) on derivative instruments and other OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-27.00M USD 1 Quarter
Unrealized gain (loss) on derivative instruments and other OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $34.00M USD 1 Quarter
Unrealized gain (loss) on derivative instruments and other OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $34.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $236.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $236.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $96.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $96.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $25.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $25.00M USD 1 Quarter
Comprehensive income attributable to Flex Ltd. ComprehensiveIncomeNetOfTax $211.00M USD 1 Quarter
Comprehensive income attributable to Flex Ltd. ComprehensiveIncomeNetOfTax $96.00M USD 1 Quarter
Comprehensive income attributable to Flex Ltd. ComprehensiveIncomeNetOfTax $96.00M USD 1 Quarter
Comprehensive income attributable to Flex Ltd. ComprehensiveIncomeNetOfTax $211.00M USD 1 Quarter

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

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