SEGMENT REPORTING (Tables)

6 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of segment reporting information by operating segment

Selected financial information by segment is in the table below (amounts may not sum due to rounding). Historical information for the first and second quarters of the fiscal year ended March 31, 2022 have been recast to reflect the new operating and reportable segments in the table below and in Item 2, "Management's Discussion and Analysis of Financial Condition and Results of Operations."

	Three-Month Periods Ended				Six-Month Periods Ended
	September 30, 2022		October 1, 2021		September 30, 2022		October 1, 2021
	(In millions)
Net sales:
Flex Agility Solutions	$	4,004	$	3,437	$	7,995	$	6,869
Flex Reliability Solutions	3,299		2,465		6,268		5,047
Nextracker	473		339		868		680
Intersegment eliminations	(10)		(12)		(18)		(25)
	$	7,766	$	6,229	$	15,113	$	12,571
Segment income and reconciliation of operating income:
Flex Agility Solutions	$	170	$	153	$	342	$	290
Flex Reliability Solutions	175		126		322		271
Nextracker	43		25		73		50
Corporate and Other	(13)		(18)		(31)		(35)
Total segment income	375		286		706		576
Reconciling items:
Intangible amortization	21		15		43		30
Stock-based compensation	27		24		53		44
Restructuring charges	—		9		—		9
Legal and other (1)	2		1		12		—
Operating income	$	325	$	237	$	597	$	493

(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 acquisition related costs and customer related asset impairments (recoveries). During the first half of fiscal year 2023, the Company accrued for certain loss contingencies where losses are considered probable and estimable.