$FLEX
FLEX LTD. Stock $flex

$flex Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000086637419000003 Filed on February 06, 2019

Income Statement

Concept	2019 Q1	2018 Q4	2018 Q1
Revenue	$6.226B	$6.923B	$6.411B
YoY Change	-2.88%	2.54%	9.35%
Cost Of Revenue	$5.837B	$6.505B	$5.995B
YoY Change	-2.64%	3.17%	10.22%
Gross Profit	$380.3M	$357.3M	$349.3M
YoY Change	8.87%	-19.94%	-9.23%
Gross Profit Margin	6.11%	5.16%	5.45%
Selling, General & Admin	$230.4M	$237.6M	$247.1M
YoY Change	-6.76%	-3.97%	11.16%
% of Gross Profit	60.58%	66.48%	70.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$257.8M	$238.1M	$155.4M
YoY Change	65.89%	75.98%	8.75%
% of Gross Profit	67.79%	66.63%	44.49%
Operating Expenses	$252.6M	$237.6M	$272.6M
YoY Change	-7.34%	-3.97%	10.1%
Operating Profit	$127.7M	$119.8M	$76.70M
YoY Change	66.49%	-39.8%	-44.1%
Interest Expense	-$33.60M	$38.80M	-$17.20M
YoY Change	95.35%	20.87%	48.28%
% of Operating Profit	-26.31%	32.4%	-22.43%
Other Income/Expense, Net	-$4.500M	$12.08M	-$19.80M
YoY Change	-77.27%	-138.52%	22.98%
Pretax Income	-$36.50M	-$31.91M	$15.80M
YoY Change	-331.01%	-122.61%	-84.02%
Income Tax	$28.20M	$13.26M	$35.40M
% Of Pretax Income			224.05%
Net Earnings	-$64.35M	-$45.17M	-$19.60M
YoY Change	228.41%	-138.17%	-122.56%
Net Earnings / Revenue	-1.03%	-0.65%	-0.31%
Basic Earnings Per Share	-$0.12	-$0.09	-$0.04
Diluted Earnings Per Share	-$0.12	-$0.09	-$0.04
COMMON SHARES
Basic Shares Outstanding	521.4M shares	524.9M shares	527.7M shares
Diluted Shares Outstanding		524.9M shares

Balance Sheet

Concept	2019 Q1	2018 Q4	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.697B	$1.503B	$1.472B
YoY Change	15.29%	16.42%	-19.61%
Cash & Equivalents	$1.697B	$1.503B	$1.472B
Short-Term Investments
Other Short-Term Assets	$854.8M	$930.4M	$1.380B
YoY Change	-38.08%	-3.63%	42.62%
Inventory	$3.723B	$3.898B	$3.800B
Prepaid Expenses
Receivables	$2.613B	$2.862B	$2.518B
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$9.103B	$9.492B	$9.170B
YoY Change	-0.73%	4.5%	9.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.336B	$2.214B	$2.240B
YoY Change	4.32%	-9.37%	-3.35%
Goodwill	$1.073B	$1.079B	$1.121B
YoY Change	-4.3%	-2.35%	13.84%
Intangibles	$331.0M	$349.6M	$424.4M
YoY Change	-22.01%	-20.27%	17.19%
Long-Term Investments	$294.1M		$411.1M
YoY Change	-28.46%		105.45%
Other Assets	$655.7M	$840.5M	$760.3M
YoY Change	-13.77%	9.04%	40.41%
Total Long-Term Assets	$4.396B	$4.483B	$4.545B
YoY Change	-3.29%	-5.76%	8.08%
TOTAL ASSETS
Total Short-Term Assets	$9.103B	$9.492B	$9.170B
Total Long-Term Assets	$4.396B	$4.483B	$4.545B
Total Assets	$13.50B	$13.98B	$13.72B
YoY Change	-1.58%	0.97%	8.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.147B	$5.543B	$5.122B
YoY Change	0.49%	2.53%	14.21%
Accrued Expenses	$392.0M	$390.0M	$383.0M
YoY Change	2.35%	-52.84%	11.34%
Deferred Revenue	$271.8M	$308.0M	$329.0M
YoY Change	-17.39%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$632.6M	$43.25M	$43.01M
YoY Change	1370.81%	0.69%	-30.1%
Total Short-Term Liabilities	$7.598B	$7.504B	$7.268B
YoY Change	4.53%	1.18%	11.74%
LONG-TERM LIABILITIES
Long-Term Debt	$2.422B	$2.906B	$2.898B
YoY Change	-16.42%	0.16%	0.24%
Other Long-Term Liabilities	$507.6M	$486.9M	$531.6M
YoY Change	-4.51%	-10.26%	2.26%
Total Long-Term Liabilities	$2.929B	$3.393B	$3.429B
YoY Change	-14.57%	-1.48%	0.55%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.598B	$7.504B	$7.268B
Total Long-Term Liabilities	$2.929B	$3.393B	$3.429B
Total Liabilities	$10.53B	$10.90B	$10.70B
YoY Change	-1.59%	0.34%	7.89%
SHAREHOLDERS EQUITY
Retained Earnings	-$3.012B	-$2.948B	-$3.144B
YoY Change	-4.2%	-5.66%	-11.99%
Common Stock		$6.574B	$6.637B
YoY Change		-0.61%	-1.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$388.2M	$388.2M	$388.2M
YoY Change	0.0%	0.0%	0.0%
Treasury Stock Shares	50.24M shares	50.24M shares	50.24M shares
Shareholders Equity	$2.972B	$3.078B	$3.019B
YoY Change
Total Liabilities & Shareholders Equity	$13.50B	$13.98B	$13.72B
YoY Change	-1.58%	0.97%	8.91%

Cashflow Statement

Concept	2019 Q1	2018 Q4	2018 Q1
OPERATING ACTIVITIES
Net Income	-$64.35M	-$45.17M	-$19.60M
YoY Change	228.41%	-138.17%	-122.56%
Depreciation, Depletion And Amortization	$257.8M	$238.1M	$155.4M
YoY Change	65.89%	75.98%	8.75%
Cash From Operating Activities	-$642.4M	-$621.0M	-$758.7M
YoY Change	-15.33%	-33.63%	-655.01%
INVESTING ACTIVITIES
Capital Expenditures	-$133.5M	-$228.7M	-$129.1M
YoY Change	3.41%	35.41%	15.78%
Acquisitions
YoY Change
Other Investing Activities	$915.2M	$997.4M	$1.084B
YoY Change	-15.59%	-8.5%	-9694.69%
Cash From Investing Activities	$781.7M	$768.6M	$955.1M
YoY Change	-18.16%	-16.56%	-877.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	50.90M	-18.20M	-14.40M
YoY Change	-453.47%	-71.43%	-61.6%
NET CHANGE
Cash From Operating Activities	-642.4M	-621.0M	-758.7M
Cash From Investing Activities	781.7M	768.6M	955.1M
Cash From Financing Activities	50.90M	-18.20M	-14.40M
Net Change In Cash	190.2M	129.4M	182.0M
YoY Change	4.51%	-265.47%	-871.19%
FREE CASH FLOW
Cash From Operating Activities	-$642.4M	-$621.0M	-$758.7M
Capital Expenditures	-$133.5M	-$228.7M	-$129.1M
Free Cash Flow	-$508.9M	-$392.3M	-$629.6M
YoY Change	-19.17%	-48.83%	-353.67%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	flex	Restructuring Charges Selling General And Administrative Expense RestructuringChargesSellingGeneralAndAdministrativeExpense	0	USD
	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	0	USD
	flex	Other Operatingand Nonoperating Income Expense OtherOperatingandNonoperatingIncomeExpense	8500000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	9689000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000866374
CY2019Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	521417529	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	FLEX LTD.
	dei	Entity Small Business EntitySmallBusiness	false
	flex	Contract With Customer Asset Revenue Recognized ContractWithCustomerAssetRevenueRecognized	5483688000	USD
	flex	Contract With Customer Liability Cumulative Catch Up Adjustment To Gross Profit Change In Measure Of Progress ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToGrossProfitChangeInMeasureOfProgress	7900000	USD
	flex	Contract With Customer Liability Cumulative Catch Up Adjustment To Gross Profit Modification Of Contract ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToGrossProfitModificationOfContract	9300000	USD
CY2018Q4	flex	Cost Of Goods And Services Sold Including Restructuring Charges CostOfGoodsAndServicesSoldIncludingRestructuringCharges	6587502000	USD
	flex	Cost Of Goods And Services Sold Including Restructuring Charges CostOfGoodsAndServicesSoldIncludingRestructuringCharges	18941907000	USD
	flex	Noncash Investingand Financing Activities Customerrelated Third Party Banking Institution Financing Net Settlement NoncashInvestingandFinancingActivitiesCustomerrelatedThirdPartyBankingInstitutionFinancingNetSettlement	59000000	USD
	flex	Noncash Investingand Financing Activities Customerrelated Third Party Banking Institution Financing Net Settlement NoncashInvestingandFinancingActivitiesCustomerrelatedThirdPartyBankingInstitutionFinancingNetSettlement	0	USD
CY2017Q4	flex	Other Operatingand Nonoperating Income Expense OtherOperatingandNonoperatingIncomeExpense	-6865000	USD
	flex	Other Operatingand Nonoperating Income Expense OtherOperatingandNonoperatingIncomeExpense	172467000	USD
CY2018Q4	flex	Other Operatingand Nonoperating Income Expense OtherOperatingandNonoperatingIncomeExpense	-71900000	USD
CY2018Q4	flex	Other Operatingand Nonoperating Income Expense OtherOperatingandNonoperatingIncomeExpense	-71879000	USD
	flex	Other Operatingand Nonoperating Income Expense OtherOperatingandNonoperatingIncomeExpense	8515000	USD
	flex	Payments Proceedsto Acquirefrom Divestiture Business Netof Cash Acquired PaymentsProceedstoAcquirefromDivestitureBusinessNetofCashAcquired	269724000	USD
	flex	Payments Proceedsto Acquirefrom Divestiture Business Netof Cash Acquired PaymentsProceedstoAcquirefromDivestitureBusinessNetofCashAcquired	12796000	USD
	flex	Proceeds From Collection Of Deferred Purchase Price Receivables ProceedsFromCollectionOfDeferredPurchasePriceReceivables	3538604000	USD
	flex	Proceeds From Collection Of Deferred Purchase Price Receivables ProceedsFromCollectionOfDeferredPurchasePriceReceivables	2707562000	USD
CY2017Q4	flex	Restructuring Charges Cost Of Sales RestructuringChargesCostOfSales	0	USD
	flex	Restructuring Charges Cost Of Sales RestructuringChargesCostOfSales	7981000	USD
CY2018Q4	flex	Restructuring Charges Cost Of Sales RestructuringChargesCostOfSales	60435000	USD
	flex	Restructuring Charges Cost Of Sales RestructuringChargesCostOfSales	89512000	USD
CY2017Q4	flex	Restructuring Charges Selling General And Administrative Expense RestructuringChargesSellingGeneralAndAdministrativeExpense	0	USD
CY2018Q4	flex	Restructuring Charges Selling General And Administrative Expense RestructuringChargesSellingGeneralAndAdministrativeExpense	5408000	USD
	flex	Restructuring Charges Selling General And Administrative Expense RestructuringChargesSellingGeneralAndAdministrativeExpense	10921000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	5122303000	USD
CY2018Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	5543349000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2517695000	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2861830000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-85845000	USD
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-159523000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	60051000	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	77805000	USD
CY2017Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	19588000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	55865000	USD
CY2018Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20308000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	57059000	USD
CY2018Q1	us-gaap	Assets Assets	13715855000	USD
CY2018Q4	us-gaap	Assets Assets	13975085000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	9170414000	USD
CY2018Q4	us-gaap	Assets Current AssetsCurrent	9491916000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	87772000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	94592000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1830675000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1291183000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1472424000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1503368000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-539492000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	30944000	USD
CY2018Q1	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2018Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	578317848	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	572712781	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	528078493	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	522473426	shares
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	6636747000	USD
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	6573727000	USD
CY2017Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	121108000	USD
CY2018Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-48311000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	84073000	USD
	us-gaap	Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract	132700000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	455174000	USD
	us-gaap	Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress	164800000	USD
	us-gaap	Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress	412787000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0	USD
CY2018Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	298451000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0	USD
	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-5598024000	USD
CY2018Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	329000000	USD
CY2018Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	308000000	USD
CY2018Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	265300000	USD
CY2017Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	6305224000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	17775678000	USD
CY2018Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	6527067000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	18852395000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	400015000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	507164000	USD
CY2017Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.85
CY2018Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.09
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
CY2017Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.84
CY2018Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.09
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.30
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-14224000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-31122000	USD
CY2018Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	383332000	USD
CY2018Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	389746000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	186517000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	224762000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	109385000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	17436000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	44553000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	52290000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	60826000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	65155000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	610950000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	574407000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	424433000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	349645000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	1121170000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	1078834000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	10984000	USD
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-32692000	USD
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-32700000	USD
	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	20600000	USD
	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	20628000	USD
CY2017Q4	us-gaap	Gross Profit GrossProfit	446328000	USD
	us-gaap	Gross Profit GrossProfit	1246585000	USD
CY2018Q4	us-gaap	Gross Profit GrossProfit	357325000	USD
	us-gaap	Gross Profit GrossProfit	1137480000	USD
CY2017Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	141160000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	505082000	USD
CY2018Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-31913000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	218518000	USD
CY2017Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	22827000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	56953000	USD
CY2018Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13256000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	60767000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	3804156000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	2906906000	USD
CY2017Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5947000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5988000	shares
CY2018Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	3780000	shares
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	424433000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	349645000	USD
CY2017Q4	us-gaap	Interest Expense InterestExpense	32100000	USD
	us-gaap	Interest Expense InterestExpense	90700000	USD
CY2018Q4	us-gaap	Interest Expense InterestExpense	38800000	USD
	us-gaap	Interest Expense InterestExpense	107500000	USD
CY2018Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	588850000	USD
CY2018Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	473909000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	3799829000	USD
CY2018Q4	us-gaap	Inventory Net InventoryNet	3897891000	USD
CY2018Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	2760410000	USD
CY2018Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	3069688000	USD
CY2018Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	450569000	USD
CY2018Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	354294000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13715855000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13975085000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	7268064000	USD
CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	7503620000	USD
CY2018Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	43011000	USD
CY2018Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	43249000	USD
CY2018Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2897631000	USD
CY2018Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2906251000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-173435000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-80561000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2755753000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2471232000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3107586000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2328605000	USD
	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	76531000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	4	segment
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	1380466000	USD
CY2018Q4	us-gaap	Other Assets Current OtherAssetsCurrent	930376000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	760332000	USD
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	840542000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-4717000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-20761000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	4635000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-15193000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent	0	USD
CY2018Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent	0	USD
CY2017Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	7492000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	27806000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-7777000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-58485000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	0	USD
CY2018Q4	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-7400000	USD
CY2018Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1719418000	USD
CY2018Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1527276000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	531587000	USD
CY2018Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	486886000	USD
CY2017Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-31350000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-85780000	USD
CY2018Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-54087000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-136889000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	120934000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-14687000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	180050000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	123979000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	432897000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	592092000	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	-2949000	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	267147000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2063000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	195000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	866000000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	2481407000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	46482000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	43653000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	86724000	USD
CY2017Q4	us-gaap	Profit Loss ProfitLoss	118333000	USD
	us-gaap	Profit Loss ProfitLoss	448129000	USD
CY2018Q4	us-gaap	Profit Loss ProfitLoss	-45169000	USD
	us-gaap	Profit Loss ProfitLoss	157751000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2239506000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2214148000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	907930000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	2447873000	USD
CY2018Q4	us-gaap	Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount	0.25
	us-gaap	Restructuring Charges RestructuringCharges	100433000	USD
CY2018Q1	us-gaap	Restructuring Reserve RestructuringReserve	61344000	USD
CY2018Q4	us-gaap	Restructuring Reserve RestructuringReserve	34924000	USD
CY2018Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	34924000	USD
CY2018Q4	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	0	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3144114000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2947661000	USD
CY2017Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6751552000	USD
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	19030244000	USD
CY2018Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6944827000	USD
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	20079387000	USD
CY2017Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	247365000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	772325000	USD
CY2018Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	237556000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	722608000	USD
CY2017Q1	us-gaap	Servicing Asset ServicingAsset	0	USD
CY2018Q4	us-gaap	Servicing Asset ServicingAsset	0	USD
CY2017Q1	us-gaap	Servicing Liability ServicingLiability	0	USD
CY2018Q4	us-gaap	Servicing Liability ServicingLiability	0	USD
CY2018Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000	USD
CY2018Q4	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	389500000	USD
CY2018Q4	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	6700000	shares
	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	11200000	shares
CY2018Q4	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	64000000	USD
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	124000000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3018573000	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3078328000	USD
CY2018Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	50239355	shares
CY2018Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	50239355	shares
CY2018Q1	us-gaap	Treasury Stock Value TreasuryStockValue	388215000	USD
CY2018Q4	us-gaap	Treasury Stock Value TreasuryStockValue	388215000	USD
CY2017Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	534352000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	535972000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	524876000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	532308000	shares
CY2017Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	528405000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	529984000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	524876000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	528528000	shares

Files In Submission

Name	View Source	Status
0000866374-19-000003-index-headers.html	Edgar Link	pending
0000866374-19-000003-index.html	Edgar Link	pending
0000866374-19-000003.txt	Edgar Link	pending
0000866374-19-000003-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
flex-1231201810xq.htm	Edgar Link	pending
flex-20181231.xml	Edgar Link	completed
flex-20181231.xsd	Edgar Link	pending
flex-20181231_cal.xml	Edgar Link	unprocessable
flex-20181231_def.xml	Edgar Link	unprocessable
flex-20181231_lab.xml	Edgar Link	unprocessable
flex-20181231_pre.xml	Edgar Link	unprocessable
flex-exx1001x12312018.htm	Edgar Link	pending
flex-exx1002x12312018.htm	Edgar Link	pending
flex-exx1501x12312018.htm	Edgar Link	pending
flex-exx3101x12312018.htm	Edgar Link	pending
flex-exx3102x12312018.htm	Edgar Link	pending
flex-exx3201x12312018.htm	Edgar Link	pending
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Show.js	Edgar Link	pending

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$FLEX
FLEX LTD. Stock $flex

2019 Q1 Form 10-Q Financial Statement

#000086637419000003 Filed on February 06, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FLEX FLEX LTD. Stock $flex

2019 Q1 Form 10-Q Financial Statement

#000086637419000003 Filed on February 06, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FLEX
FLEX LTD. Stock $flex