XML 74 R63.htm IDEA: XBRL DOCUMENT v3.6.0.2
SUPPLEMENTAL GUARANTOR AND NON-GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Balance Sheet (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Current assets:        
Cash and cash equivalents $ 1,857,096 $ 1,607,570 $ 1,634,194 $ 1,628,408
Accounts receivable 2,162,750 2,044,757    
Inventories 3,493,617 3,491,656    
Inter company receivable 0 0    
Other current assets 1,100,159 1,171,143    
Total current assets 8,613,622 8,315,126    
Property and equipment, net 2,321,536 2,257,633    
Goodwill and other intangible assets, net 1,337,321 1,345,820    
Other assets 530,570 466,402    
Investment in subsidiaries 0 0    
Total assets 12,803,049 12,384,981    
Current liabilities:        
Bank borrowings and current portion of long-term debt 68,856 65,166    
Accounts payable 4,699,734 4,248,292    
Accrued payroll 357,922 353,547    
Inter company payable 0 0    
Other current liabilities 1,751,245 1,905,200    
Total current liabilities 6,877,757 6,572,205    
Long term liabilities 3,283,795 3,207,246    
Flex Ltd. shareholders’ equity (deficit) 2,599,895 2,570,872    
Noncontrolling interests 41,602 34,658    
Total shareholders’ equity 2,641,497 2,605,530    
Total liabilities and shareholders’ equity 12,803,049 12,384,981    
Reportable legal entities | Parent        
Current assets:        
Cash and cash equivalents 943,807 734,869 868,114 608,971
Accounts receivable 0 0    
Inventories 0 0    
Inter company receivable 10,504,971 9,105,728    
Other current assets 5,796 2,951    
Total current assets 11,454,574 9,843,548    
Property and equipment, net 0 0    
Goodwill and other intangible assets, net 1,214 175    
Other assets 2,211,872 2,249,145    
Investment in subsidiaries 2,562,818 2,815,426    
Total assets 16,230,478 14,908,294    
Current liabilities:        
Bank borrowings and current portion of long-term debt 63,365 58,836    
Accounts payable 0 0    
Accrued payroll 0 0    
Inter company payable 10,728,155 9,562,405    
Other current liabilities 28,349 33,008    
Total current liabilities 10,819,869 9,654,249    
Long term liabilities 2,810,714 2,683,173    
Flex Ltd. shareholders’ equity (deficit) 2,599,895 2,570,872    
Noncontrolling interests 0 0    
Total shareholders’ equity 2,599,895 2,570,872    
Total liabilities and shareholders’ equity 16,230,478 14,908,294    
Reportable legal entities | Guarantor Subsidiaries        
Current assets:        
Cash and cash equivalents 63,698 148,201 187,362 168,272
Accounts receivable 815,141 729,331    
Inventories 1,521,272 1,482,410    
Inter company receivable 7,802,175 5,568,392    
Other current assets 187,215 180,842    
Total current assets 10,389,501 8,109,176    
Property and equipment, net 584,382 553,072    
Goodwill and other intangible assets, net 85,894 60,895    
Other assets 276,492 267,034    
Investment in subsidiaries 3,456,295 3,038,002    
Total assets 14,792,564 12,028,179    
Current liabilities:        
Bank borrowings and current portion of long-term debt 0 946    
Accounts payable 1,734,186 1,401,835    
Accrued payroll 99,464 114,509    
Inter company payable 10,528,081 7,999,335    
Other current liabilities 785,866 869,470    
Total current liabilities 13,147,597 10,386,095    
Long term liabilities 2,042,092 2,063,988    
Flex Ltd. shareholders’ equity (deficit) (397,125) (421,904)    
Noncontrolling interests 0 0    
Total shareholders’ equity (397,125) (421,904)    
Total liabilities and shareholders’ equity 14,792,564 12,028,179    
Reportable legal entities | Non-Guarantor Subsidiaries        
Current assets:        
Cash and cash equivalents 849,591 724,500 578,718 851,165
Accounts receivable 1,347,609 1,315,426    
Inventories 1,972,345 2,009,246    
Inter company receivable 14,601,712 12,404,722    
Other current assets 907,148 987,350    
Total current assets 19,678,405 17,441,244    
Property and equipment, net 1,737,154 1,704,561    
Goodwill and other intangible assets, net 1,250,213 1,284,750    
Other assets 2,000,849 2,004,437    
Investment in subsidiaries 17,947,038 18,175,348    
Total assets 42,613,659 40,610,340    
Current liabilities:        
Bank borrowings and current portion of long-term debt 5,491 5,384    
Accounts payable 2,965,548 2,846,457    
Accrued payroll 258,458 239,038    
Inter company payable 11,652,622 9,517,102    
Other current liabilities 937,030 1,002,722    
Total current liabilities 15,819,149 13,610,703    
Long term liabilities 2,389,632 2,514,299    
Flex Ltd. shareholders’ equity (deficit) 24,363,276 24,450,680    
Noncontrolling interests 41,602 34,658    
Total shareholders’ equity 24,404,878 24,485,338    
Total liabilities and shareholders’ equity 42,613,659 40,610,340    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0 $ 0 $ 0
Accounts receivable 0 0    
Inventories 0 0    
Inter company receivable (32,908,858) (27,078,842)    
Other current assets 0 0    
Total current assets (32,908,858) (27,078,842)    
Property and equipment, net 0 0    
Goodwill and other intangible assets, net 0 0    
Other assets (3,958,643) (4,054,214)    
Investment in subsidiaries (23,966,151) (24,028,776)    
Total assets (60,833,652) (55,161,832)    
Current liabilities:        
Bank borrowings and current portion of long-term debt 0 0    
Accounts payable 0 0    
Accrued payroll 0 0    
Inter company payable (32,908,858) (27,078,842)    
Other current liabilities 0 0    
Total current liabilities (32,908,858) (27,078,842)    
Long term liabilities (3,958,643) (4,054,214)    
Flex Ltd. shareholders’ equity (deficit) (23,966,151) (24,028,776)    
Noncontrolling interests 0 0    
Total shareholders’ equity (23,966,151) (24,028,776)    
Total liabilities and shareholders’ equity $ (60,833,652) $ (55,161,832)