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SEGMENT REPORTING (Tables)
9 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of segment reporting information by operating segment
Selected financial information by segment is in the table below. Historical information for the first three 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 EndedNine-Month Periods Ended
 December 31, 2022December 31, 2021December 31, 2022December 31, 2021
 (In millions)
Net sales:
Flex Agility Solutions$4,029 $3,581 $12,024 $10,450 
Flex Reliability Solutions3,225 2,711 9,493 7,758 
Nextracker516 338 1,384 1,018 
Intersegment eliminations(14)(11)(32)(36)
$7,756 $6,619 $22,869 $19,190 
Segment income and reconciliation of income before income taxes:
Flex Agility Solutions$181 $163 $523 $453 
Flex Reliability Solutions143 136 465 407 
Nextracker60 18 133 68 
Corporate and Other(12)(19)(43)(54)
   Total segment income 372 298 1,078 874 
Reconciling items:
Intangible amortization19 15 62 45 
Stock-based compensation27 25 80 69 
Restructuring charges10 
Legal and other (1)— 13 
Interest and other, net59 152 (103)
    Income before income taxes$262 $243 $766 $848 
(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 third quarter of fiscal year 2022, the Company incurred $5 million in acquisition-related costs related to the acquisition of Anord Mardix. During the first half of fiscal year 2023, the Company accrued for certain loss contingencies where losses are considered probable and estimable.