CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 29, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,900	$ 3,294
Accounts receivable, net of allowance of $9 and $8, respectively	3,801	3,739
Contract assets	577	541
Inventories	7,166	7,530
Other current assets	1,019	917
Total current assets	15,463	16,021
Property and equipment, net	2,328	2,349
Operating lease right-of-use assets, net	609	608
Goodwill	1,337	1,343
Other intangible assets, net	275	316
Other assets	956	758
Total assets	20,968	21,395
Current liabilities:
Bank borrowings and current portion of long-term debt	0	150
Accounts payable	5,728	5,930
Accrued payroll and benefits	500	522
Deferred revenue and customer working capital advances	2,795	3,143
Other current liabilities	1,083	1,110
Total current liabilities	10,106	10,855
Long-term debt, net of current portion	3,412	3,691
Operating lease liabilities, non-current	497	506
Other liabilities	597	637
Total liabilities	14,612	15,689
Shareholders’ equity
Ordinary shares, no par value; 1,500,000,000 authorized, 437,913,956 and 500,362,046 issued, and 437,913,956 and 450,122,691 outstanding, respectively	6,292	6,493
Treasury stock, at cost; zero and 50,239,355 shares as of September 29, 2023 and March 31, 2023, respectively	0	(388)
Accumulated deficit	(146)	(560)
Accumulated other comprehensive loss	(240)	(194)
Total Flex Ltd. shareholders’ equity	5,906	5,351
Noncontrolling interest	450	355
Total shareholders’ equity	6,356	5,706
Total liabilities, noncontrolling interest, and shareholders' equity	$ 20,968	$ 21,395