FLEX LTD. Annual Amortization of Intangible Assets in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Flex Ltd. quarterly/annual Amortization of Intangible Assets history and growth rate from 2009 to 2023.
  • Flex Ltd. Amortization of Intangible Assets for the quarter ending June 28, 2024 was $16M, a 20% decline year-over-year.
  • Flex Ltd. Amortization of Intangible Assets for the twelve months ending June 28, 2024 was $66M, a 16.5% decline year-over-year.
  • Flex Ltd. annual Amortization of Intangible Assets for 2023 was $70M, a 13.6% decline from 2022.
  • Flex Ltd. annual Amortization of Intangible Assets for 2022 was $81M, a 35% increase from 2021.
  • Flex Ltd. annual Amortization of Intangible Assets for 2021 was $60M, a 3.23% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $70M -$11M -13.6% Apr 1, 2023 Mar 31, 2024 10-K 2024-05-17
2022 $81M +$21M +35% Apr 1, 2022 Mar 31, 2023 10-K 2024-05-17
2021 $60M -$2M -3.23% Apr 1, 2021 Mar 31, 2022 10-K 2024-05-17
2020 $62M -$2.1M -3.28% Apr 1, 2020 Mar 31, 2021 10-K 2023-05-19
2019 $64.1M -$10.3M -13.8% Apr 1, 2019 Mar 31, 2020 10-K 2022-05-20
2018 $74.4M -$4.24M -5.39% Apr 1, 2018 Mar 31, 2019 10-K 2021-05-19
2017 $78.6M -$2.76M -3.39% Apr 1, 2017 Mar 31, 2018 10-K 2020-05-28
2016 $81.4M +$15.4M +23.4% Apr 1, 2016 Mar 31, 2017 10-K 2019-05-21
2015 $66M +$33.9M +106% Apr 1, 2015 Mar 31, 2016 10-K 2018-06-14
2014 $32M +$3.14M +10.9% Apr 1, 2014 Mar 31, 2015 10-K 2017-05-16
2013 $28.9M -$637K -2.16% Apr 1, 2013 Mar 31, 2014 10-K 2016-05-20
2012 $29.5M -$20M -40.4% Apr 1, 2012 Mar 31, 2013 10-K 2015-05-21
2011 $49.6M -$16.6M -25.1% Apr 1, 2011 Mar 31, 2012 10-K 2014-05-20
2010 $66.2M -$23.4M -26.1% Apr 1, 2010 Mar 31, 2011 10-K 2013-05-28
2009 $89.6M Apr 1, 2009 Mar 31, 2010 10-K 2012-05-29
* An asterisk sign (*) next to the value indicates that the value is likely invalid.