The FE-CAP is a SMD MLCC utilizing a floating internal electrode design, wherein the electrodes are configured to form multiple capacitors in series within a single MLCC package. This not only yields improved voltage and ESD performance over standard designs, but also mitigates the risk of low-IR or short-circuit failures that can occur due to board flex. Combined with the stability of an X7R dielectric, the FE-CAP complements KEMET's Open Mode Devices by providing a fail-safe design optimized for low to mid range capacitance values.