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SEGMENT REPORTING (Tables)
 9 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Operating Segment
Selected financial information by segment is in the table below.
 Three-Month Periods EndedNine-Month Periods Ended
 December 31, 2024December 31, 2023December 31, 2024December 31, 2023
 (In millions)
Net sales:
Flex Agility Solutions$3,599 $3,465 $10,570 $10,684 
Flex Reliability Solutions2,957 2,956 8,845 9,562 
$6,556 $6,421 $19,415 $20,246 
Segment income and reconciliation of income from continuing operations before income taxes:
Flex Agility Solutions$227 $175 $624 $488 
Flex Reliability Solutions198 159 504 495 
Corporate and Other(26)(20)(65)(49)
   Total segment income 399 314 1,063 934 
Reconciling items:
Intangible amortization17 17 49 54 
Stock-based compensation33 26 93 86 
Restructuring charges12 73 54 97 
Legal and other (1)5 — 5 3 
Customer related asset impairment (recoveries) (2)(2)— (2)— 
Interest expense57 50 166 155 
Interest income16 13 48 44 
Other charges (income), net5 9 2 34 
     Income from continuing operations before income taxes$288 $152 $744 $549 
(1)Legal and other consists of costs not directly related to core business results and including matters relating to commercial disputes, government regulatory and compliance, intellectual property, antitrust, tax, employment or shareholder issues, product liability claims and other issues on a global basis as well as acquisition related costs and asset impairment. During the first three quarters of fiscal year 2025 and 2024, the Company accrued for a $5 million asset impairment and $3 million in loss contingencies where losses were considered probable and estimable, respectively.
(2)Customer related asset impairments (recoveries) may consist of non-cash impairments of property and equipment to estimated fair value for customers from whom we have disengaged or are in the process of disengaging as well as additional provisions for doubtful accounts receivable for customers that are experiencing financial difficulties and inventory that is considered non-recoverable that is written down to net realizable value. In subsequent periods, the Company may recover a portion of the costs previously incurred related to assets impaired or reduced to net realizable value. During the three and nine-month periods ended December 31, 2024, the Company recognized approximately $2 million of customer related asset recoveries.