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EARNINGS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2023
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 the basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted income per share:
Fiscal Year Ended March 31,
2023 20222021
(In millions, except per share amounts)
Basic earnings per share attributable to the shareholders of Flex Ltd.
Net income$1,033 $940 $613 
Net income attributable to noncontrolling interest and redeemable noncontrolling interest240 — 
Net income attributable to Flex Ltd.$793 $936 $613 
Shares used in computation:
Weighted-average ordinary shares outstanding454 476 499 
Basic earnings per share$1.75 $1.97 $1.23 
Diluted earnings per share attributable to the shareholders of Flex Ltd.
Net income$1,033 $940 $613 
Net income attributable to noncontrolling interest and redeemable noncontrolling interest240 — 
Net income attributable to Flex Ltd.$793 $936 $613 
Shares used in computation:
Weighted-average ordinary shares outstanding454 476 499 
Weighted-average ordinary share equivalents from RSU awards (1)
Weighted-average ordinary shares and ordinary share equivalents outstanding462 483 506 
Diluted earnings per share$1.72 $1.94 $1.21 
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(1)An immaterial amount RSU awards during fiscal years 2023, 2022, and 2021, respectively were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents.