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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]      
Net sales $ 26,415 $ 28,502 $ 24,633
Cost of sales 24,395 26,503 22,838
Restructuring charges 155 23 15
Gross profit 1,865 1,976 1,780
Selling, general and administrative expenses 922 874 830
Intangible amortization 70 81 60
Restructuring charges 20 4 0
Operating income 853 1,017 890
Interest expense 207 230 166
Interest income 56 30 14
Other charges (income), net 44 6 (165)
Equity in earnings (losses) of unconsolidated affiliates 8 (4) 61
Income from continuing operations before income taxes 666 807 964
(Benefit from) provision for income taxes (206) 124 92
Net income from continuing operations 872 683 872
Net income from discontinued operations, net of tax 373 350 68
Net income 1,245 1,033 940
Net income attributable to noncontrolling interest and redeemable noncontrolling interest 239 240 4
Net income attributable to Flex Ltd. $ 1,006 $ 793 $ 936
Earnings per share - basic      
Basic earnings per share from continuing operations (in dollars per share) $ 2.00 $ 1.50 $ 1.83
Basic earnings per share from discontinued operations (in dollars per share) 0.31 0.25 0.14
Basic earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) 2.31 1.75 1.97
Earnings per share - diluted      
Diluted earnings per share from continuing operations (in dollars per share) 1.98 1.48 1.81
Diluted earnings per share from discontinued operations (in dollars per share) 0.30 0.24 0.13
Diluted earnings per share attributable to the shareholders of Flex Ltd (in dollars per share) $ 2.28 $ 1.72 $ 1.94
Weighted-average shares used in computing per share amounts:      
Basic (in shares) 435 454 476
Diluted (in shares) 441 462 483