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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Total Flex Ltd. Shareholders' Equity
Ordinary Shares
Accumulated Deficit
Unrealized Gain (Loss) on Derivative Instruments and Other
Foreign Currency Translation Adjustments
Total Accumulated Other Comprehensive Loss
Noncontrolling Interest
Redeemable noncontrolling interests, beginning balance at Mar. 31, 2022 $ 78              
Increase (Decrease) in Temporary Equity                
Net income 6              
Redeemable noncontrolling interests, ending balance at Jul. 01, 2022 84              
Beginning balance (in shares) at Mar. 31, 2022     461,000,000          
Beginning balance at Mar. 31, 2022 4,129 $ 4,129 $ 5,664 $ (1,353) $ (66) $ (116) $ (182) $ 0
Increase (Decrease) in Shareholders' Equity                
Repurchase of Flex Ltd. ordinary shares at cost (in shares)     (11,000,000)          
Repurchase of Flex Ltd. ordinary shares at cost (181) (181) $ (181)          
Issuance of Flex Ltd. vested shares under restricted share unit awards (in shares)     8,000,000          
Net income 189 189   189        
Stock-based compensation 26 26 $ 26          
Total other comprehensive income (loss) (72) (72)     (1) (71) (72)  
Ending balance (in shares) at Jul. 01, 2022     458,000,000          
Ending balance at Jul. 01, 2022 4,091 4,091 $ 5,509 (1,164) (67) (187) (254) 0
Redeemable noncontrolling interests, beginning balance at Mar. 31, 2023 0              
Redeemable noncontrolling interests, ending balance at Jun. 30, 2023 $ 0              
Beginning balance (in shares) at Mar. 31, 2023 450,122,691   450,000,000          
Beginning balance at Mar. 31, 2023 $ 5,706 5,351 $ 6,105 (560) (14) (180) (194) 355
Increase (Decrease) in Shareholders' Equity                
Repurchase of Flex Ltd. ordinary shares at cost (in shares)     (9,000,000)          
Repurchase of Flex Ltd. ordinary shares at cost (197) (197) $ (197)          
Issuance of Flex Ltd. vested shares under restricted share unit awards (in shares)     8,000,000          
Net income 211 186   186       25
Stock-based compensation 41 41 $ 41          
Total other comprehensive income (loss) $ 25 25     34 (9) 25  
Ending balance (in shares) at Jun. 30, 2023 449,037,356   449,000,000          
Ending balance at Jun. 30, 2023 $ 5,786 $ 5,406 $ 5,949 $ (374) $ 20 $ (189) $ (169) $ 380