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v3.25.1

EARNINGS PER SHARE (Tables) | 12 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Schedule of basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share | The computation of earnings per share and weighted average shares outstanding of the Company’s ordinary shares for the following periods is presented below:
| Fiscal Year Ended March 31,
| 2025 |  | 2024 |  | 2023
| (In millions, except per share amounts)
Numerator: |  |  |  |  |
Net income from continuing operations | $ | 838 |  |  | $ | 872 |  |  | $ | 683 |
Net income from discontinued operations, net of tax (Note 7) | — |  |  | 373 |  |  | 350 |
Less: Net income attributable to noncontrolling interest and redeemable noncontrolling interest (Note 7) | — |  |  | 239 |  |  | 240 |
Net income from discontinued operations attributable to Flex Ltd. (Note 7) | — |  |  | 134 |  |  | 110 |
Total net income attributable to Flex Ltd. | $ | 838 |  |  | $ | 1,006 |  |  | $ | 793 |
Denominator: |  |  |  |  |
Weighted-average ordinary shares outstanding - basic | 391 |  |  | 435 |  |  | 454 |
Weighted-average ordinary share equivalents from RSU awards (1) | 7 |  |  | 6 |  |  | 8 |
Weighted-average ordinary shares and ordinary share equivalents outstanding - diluted | 398 |  |  | 441 |  |  | 462 |
Earnings per share - basic |  |  |  |  |
Continuing operations | $ | 2.14 |  |  | $ | 2.00 |  |  | $ | 1.50 |
Discontinued operations, net of tax (Note 7) | — |  |  | 0.31 |  |  | 0.25 |
Total attributable to the shareholders of Flex Ltd. | $ | 2.14 |  |  | $ | 2.31 |  |  | $ | 1.75 |
Earnings per share - diluted |  |  |  |  |
Continuing operations | $ | 2.11 |  |  | $ | 1.98 |  |  | $ | 1.48 |
Discontinued operations, net of tax (Note 7) | — |  |  | 0.30 |  |  | 0.24 |
Total attributable to the shareholders of Flex Ltd. | $ | 2.11 |  |  | $ | 2.28 |  |  | $ | 1.72 |
(1)An immaterial amount of RSU awards during fiscal years 2025, 2024, and 2023, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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