CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,474	$ 3,164
Accounts receivable, net of allowance for doubtful accounts	3,033	3,480
Contract assets	249	243
Inventories	6,205	7,388
Other current assets	1,031	875
Current assets of discontinued operations	0	883
Total current assets	12,992	16,033
Property and equipment, net	2,269	2,342
Operating lease right-of-use assets, net	601	605
Goodwill	1,135	1,139
Other intangible assets, net	245	315
Other non-current assets	1,015	490
Non-current assets of discontinued operations	0	483
Total assets	18,257	21,407
Current liabilities:
Bank borrowings and current portion of long-term debt	0	150
Accounts payable	4,468	5,724
Accrued payroll and benefits	488	506
Deferred revenue and customer working capital advances	2,615	2,955
Other current liabilities	968	1,019
Current liabilities of discontinued operations	0	513
Total current liabilities	8,539	10,867
Long-term debt, net of current portion	3,261	3,544
Operating lease liabilities, non-current	490	504
Other non-current liabilities	642	554
Non-current liabilities of discontinued operations	0	232
Total liabilities	12,932	15,701
Commitments and contingencies (Note 14)
Shareholders' equity
Ordinary shares, no par value; 1,500,000,000 authorized, 408,101,772 and 500,362,046 issued, and 408,101,772 and 450,122,691 outstanding as of March 31, 2024 and 2023, respectively	5,074	6,493
Treasury stock, at cost; zero and 50,239,355 shares as of March 31, 2024 and 2023, respectively	0	(388)
Accumulated earnings (deficit)	446	(560)
Accumulated other comprehensive loss	(195)	(194)
Total Flex Ltd. shareholders' equity	5,325	5,351
Noncontrolling interest	0	355
Total shareholders' equity	5,325	5,706
Total liabilities and shareholders' equity	$ 18,257	$ 21,407