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v3.23.2

SEGMENT REPORTING (Details) $ in Millions | 3 Months Ended
--- | ---
Jun. 30, 2023 USD ($) segment | Jul. 01, 2022 USD ($)
Segment Reporting Information [Line Items] |  |
Number of operating segments | segment | 3 |
Number of reporting segments | segment | 3 |
Net sales | $ 7,336 | $ 7,347
Operating income | 291 | 272
Intangible amortization | 20 | 22
Stock-based compensation | 41 | 26
Restructuring charges | 23 |
Interest, net | 41 | 49
Other charges (income), net | 11 | (9)
Income before income taxes | 239 | 232
Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Net sales | 7,336 | 7,347
Operating income | 377 | 330
Operating Segments | FAS |  |
Segment Reporting Information [Line Items] |  |
Net sales | 3,601 | 3,991
Operating income | 146 | 171
Operating Segments | FRS |  |
Segment Reporting Information [Line Items] |  |
Net sales | 3,291 | 2,969
Operating income | 165 | 147
Operating Segments | Nextracker |  |
Segment Reporting Information [Line Items] |  |
Net sales | 480 | 395
Operating income | 82 | 30
Intersegment eliminations |  |
Segment Reporting Information [Line Items] |  |
Net sales | (36) | (8)
Corporate and Other |  |
Segment Reporting Information [Line Items] |  |
Operating income | (16) | (18)
Segment Reconciling Items |  |
Segment Reporting Information [Line Items] |  |
Intangible amortization | 20 | 22
Stock-based compensation | 41 | 26
Restructuring charges | 23 | 0
Legal and other | 2 | 10
Interest, net | 41 | 49
Other charges (income), net | $ 11 | $ (9)

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