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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Ordinary Shares
Accumulated Deficit
Unrealized Loss on Derivative Instruments and Other
Foreign Currency Translation Adjustments
Total Accumulated Other Comprehensive Loss
Redeemable noncontrolling interests, beginning balance at Mar. 31, 2021 $ 0          
Redeemable noncontrolling interests, ending balance at Dec. 31, 2021 0          
Beginning balance (in shares) at Mar. 31, 2021   492,000,000        
Beginning balance at Mar. 31, 2021 3,436 $ 5,844 $ (2,289) $ (42) $ (77) $ (119)
Increase (Decrease) in Shareholders' Equity            
Repurchase of Flex Ltd. ordinary shares at cost (in shares)   (32,000,000)        
Repurchase of Flex Ltd. ordinary shares at cost (580) $ (580)        
Exercise of stock options (in shares)   1,000,000        
Issuance of Flex Ltd. vested shares under restricted share unit awards (in shares)   6,000,000        
Net income 769   769      
Stock-based compensation 69 $ 69        
Total other comprehensive income (loss) (39)     (20) (19) (39)
Ending balance (in shares) at Dec. 31, 2021   467,000,000        
Ending balance at Dec. 31, 2021 3,655 $ 5,333 (1,520) (62) (96) (158)
Redeemable noncontrolling interests, beginning balance at Oct. 01, 2021 0          
Redeemable noncontrolling interests, ending balance at Dec. 31, 2021 0          
Beginning balance (in shares) at Oct. 01, 2021   471,000,000        
Beginning balance at Oct. 01, 2021 3,514 $ 5,398 (1,747) (49) (88) (137)
Increase (Decrease) in Shareholders' Equity            
Repurchase of Flex Ltd. ordinary shares at cost (in shares)   (5,000,000)        
Repurchase of Flex Ltd. ordinary shares at cost (90) $ (90)        
Issuance of Flex Ltd. vested shares under restricted share unit awards (in shares)   1,000,000        
Net income 227   227      
Stock-based compensation 25 $ 25        
Total other comprehensive income (loss) (21)     (13) (8) (21)
Ending balance (in shares) at Dec. 31, 2021   467,000,000        
Ending balance at Dec. 31, 2021 3,655 $ 5,333 (1,520) (62) (96) (158)
Redeemable noncontrolling interests, beginning balance at Mar. 31, 2022 78          
Increase (Decrease) in Temporary Equity            
Net income 19          
Redeemable noncontrolling interests, ending balance at Dec. 31, 2022 $ 97          
Beginning balance (in shares) at Mar. 31, 2022 460,560,312 461,000,000        
Beginning balance at Mar. 31, 2022 $ 4,129 $ 5,664 (1,353) (66) (116) (182)
Increase (Decrease) in Shareholders' Equity            
Repurchase of Flex Ltd. ordinary shares at cost (in shares)   (17,000,000)        
Repurchase of Flex Ltd. ordinary shares at cost (293) $ (293)        
Issuance of Flex Ltd. vested shares under restricted share unit awards (in shares)   8,000,000        
Net income 651   651      
Stock-based compensation 80 $ 80        
Total other comprehensive income (loss) $ (62)     21 (83) (62)
Ending balance (in shares) at Dec. 31, 2022 451,644,718 452,000,000        
Ending balance at Dec. 31, 2022 $ 4,505 $ 5,451 (702) (45) (199) (244)
Redeemable noncontrolling interests, beginning balance at Sep. 30, 2022 90          
Increase (Decrease) in Temporary Equity            
Net income 7          
Redeemable noncontrolling interests, ending balance at Dec. 31, 2022 97          
Beginning balance (in shares) at Sep. 30, 2022   454,000,000        
Beginning balance at Sep. 30, 2022 4,180 $ 5,464 (932) (73) (279) (352)
Increase (Decrease) in Shareholders' Equity            
Repurchase of Flex Ltd. ordinary shares at cost (in shares)   (2,000,000)        
Repurchase of Flex Ltd. ordinary shares at cost (40) $ (40)        
Net income 230   230      
Stock-based compensation 27 $ 27        
Total other comprehensive income (loss) $ 108     28 80 108
Ending balance (in shares) at Dec. 31, 2022 451,644,718 452,000,000        
Ending balance at Dec. 31, 2022 $ 4,505 $ 5,451 $ (702) $ (45) $ (199) $ (244)