SEGMENT REPORTING (Tables)

6 Months Ended

Sep. 25, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information by operating segment

Selected financial information by segment is in the table below. Fiscal year 2020 historical information has been recast to reflect the new operating and reportable segments in Item 2, "Management's Discussion and Analysis of Financial Condition and Results of Operations."

	Three-Month Periods Ended				Six-Month Periods Ended
	September 25, 2020		September 27, 2019		September 25, 2020		September 27, 2019
	(In millions)
Net sales:
Flex Agility Solutions	$	3,318	$	3,583	$	6,230	$	7,491
Flex Reliability Solutions	2,667		2,505		4,908		4,773
	$	5,985	$	6,088	$	11,138	$	12,264
Segment income and reconciliation of income before tax:
Flex Agility Solutions	$	88	$	94	$	160	$	203
Flex Reliability Solutions	179		159		294		289
Corporate and Other	(20)		(26)		(44)		(57)
Total segment income	247		227		410		435
Reconciling items:
Intangible amortization	16		16		31		33
Stock-based compensation	24		19		37		34
Customer related asset impairments (recoveries) (1)	(3)		91		(3)		91
Restructuring charges (Note 15)	35		128		45		185
Legal and other (2)	—		19		28		21
Interest and other, net	22		50		51		103
Income before income taxes	$	153	$	(96)	$	221	$	(32)

(1)Customer related asset impairments for the three-month and six-month periods ended September 25, 2020 were not material and for the three-month and six-month periods ended September 27, 2019 primarily relate to additional provision for doubtful accounts receivable, and reserves for excess and obsolete inventory for certain customers experiencing financial difficulties and/or related to inventory that will not be recovered due to significant reductions in future customer demand as the Company reduced its exposure to certain higher volatility businesses.

(2)Legal and other consists of costs not directly related to core business results and may include matters relating to commercial disputes, government regulatory and compliance, intellectual property, antitrust, tax, employment or shareholder issues, product liability claims and other issues on a global basis. During the first quarter of fiscal year 2021, the Company accrued for certain loss contingencies where losses are considered probable and estimable.

Legal and other during the three-month and six-month periods ended September 27, 2019 primarily consists of direct and incremental costs associated with certain wind-down activities related to the disengagement of a certain customer primarily in China and India.