SEGMENT REPORTING (Tables)

3 Months Ended

Jul. 02, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information by operating segment

Selected financial information by segment is in the table below.

	Three-Month Periods Ended
	July 2, 2021		June 26, 2020
	(In millions)
Net sales:
Flex Agility Solutions	$	3,432	$	2,912
Flex Reliability Solutions	2,910		2,241
	$	6,342	$	5,153
Segment income and reconciliation of income before tax:
Flex Agility Solutions	$	137	$	72
Flex Reliability Solutions	170		115
Corporate and Other	(17)		(24)
Total segment income	290		163
Reconciling items:
Intangible amortization	15		15
Stock-based compensation	20		13
Restructuring charges	—		10
Legal and other (1)	—		27
Interest and other, net	22		31
Income before income taxes	$	233	$	67

(1)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 as well as customer related asset recoveries. During the first quarter of fiscal year 2021, the Company accrued for certain loss contingencies where losses are considered probable and estimable.