EARNINGS PER SHARE (Tables)

6 Months Ended

Oct. 01, 2021

Earnings Per Share [Abstract]

Schedule of basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share

The following table reflects basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share attributable to the shareholders of Flex: 

	Three-Month Periods Ended				Six-Month Periods Ended
	October 1, 2021		September 25, 2020		October 1, 2021		September 25, 2020
	(In millions, except per share amounts)
Basic earnings per share:
Net income	$	336	$	113	$	542	$	165
Shares used in computation:
Weighted-average ordinary shares outstanding	482		501		487		499
Basic earnings per share	$	0.70	$	0.23	$	1.11	$	0.33
Diluted earnings per share:
Net income	$	336	$	113	$	542	$	165
Shares used in computation:
Weighted-average ordinary shares outstanding	482		501		487		499
Weighted-average ordinary share equivalents from RSU awards (1)	5		3		6		4
Weighted-average ordinary shares and ordinary share equivalents outstanding	487		504		493		503
Diluted earnings per share	$	0.69	$	0.22	$	1.10	$	0.33

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(1)Immaterial RSU awards for the three and six-month periods ended October 1, 2021, and 3.5 million and 3.6 million RSU awards for the three and six-month periods ended September 25, 2020, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.