XML 64 R50.htm IDEA: XBRL DOCUMENT v3.24.3
DISCONTINUED OPERATIONS - Schedule of Income Statement Disclosures (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 27, 2024
Sep. 29, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Net income from discontinued operations $ 0 $ 205 $ 0 $ 269
Net income from discontinued operations attributable to Flex Ltd. $ 0 27 $ 0 66
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Nextracker        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Net sales   538   982
Costs of sales   392   725
Gross Profit   146   257
Selling, general and administrative expenses   51   86
Operating income   95   171
Interest and other, net   3   4
Income before income taxes   92   167
Provision for income taxes   (113)   (102)
Net income from discontinued operations   205   269
Net income from discontinued operations attributable to noncontrolling interest   178   203
Net income from discontinued operations attributable to Flex Ltd.   27   66
Effect of intercompany transactions eliminated   34   70
Pre-tax income from discontinued operations attributable to noncontrolling interest   40   69
Provision for income taxes attributable to noncontrolling interest   2   6
Pre-tax income attributable to Flex Ltd from discontinued operations   52   98
Discontinued operation, deferred tax assets   $ 140   $ 140