SEGMENT REPORTING (Tables)

6 Months Ended

Oct. 01, 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				Six-Month Periods Ended
	October 1, 2021		September 25, 2020		October 1, 2021		September 25, 2020
	(In millions)
Net sales:
Flex Agility Solutions	$	3,437	$	3,318	$	6,869	$	6,230
Flex Reliability Solutions	2,792		2,667		5,702		4,908
	$	6,229	$	5,985	$	12,571	$	11,138
Segment income and reconciliation of operating income:
Flex Agility Solutions	$	153	$	88	$	290	$	160
Flex Reliability Solutions	151		179		321		294
Corporate and Other	(18)		(20)		(35)		(44)
Total segment income	286		247		576		410
Reconciling items:
Intangible amortization	15		16		30		31
Stock-based compensation	24		24		44		37
Restructuring charges	9		35		9		45
Legal and other (1)	1		(3)		—		25
Operating income	$	237	$	175	$	493	$	272

(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.