We operate in one industry segment: the design, manufacturing, marketing, and technical support of high-performance storage and data management solutions. We conduct business globally, and our sales and support activities are managed on a geographic basis. Our management reviews financial information presented on a consolidated basis, accompanied by disaggregated information it receives from our internal management system about revenues by geographic region, based on the location from which the customer relationship is managed, for purposes of allocating resources and evaluating financial performance. We do not allocate costs of revenues, research and development, sales and marketing, or general and administrative expenses to our geographic regions in this internal management reporting because management does not review operations or operating results, or make planning decisions, below the consolidated entity level.

Summarized revenues by geographic region based on information from our internal management system and utilized by our Chief Executive Officer, who is considered our Chief Operating Decision Maker, is as follows (in millions):

	Three Months Ended				Nine Months Ended
	January 24, 2020		January 25, 2019		January 24, 2020		January 25, 2019
United States, Canada and Latin America (Americas)	$	695	$	814	$	2,101	$	2,525
Europe, Middle East and Africa (EMEA)		494		523		1,298		1,382
Asia Pacific (APAC)		215		226		612		647
Net revenues	$	1,404	$	1,563	$	4,011	$	4,554

Americas revenues consist of sales to Americas commercial and U.S. public sector markets. Sales to customers inside the U.S. were $620 million and $744 million during the three months ended January 24, 2020 and January 25, 2019, respectively, and were $1,897 million and $2,294 million during the nine months ended January 24, 2020 and January 25, 2019, respectively.

The majority of our assets, excluding cash, cash equivalents, short-term investments and accounts receivable, were attributable to our domestic operations. The following table presents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries (in millions):

	January 24, 2020		April 26, 2019
U.S.	$	551	$	159
International		2,457		3,740
Total	$	3,008	$	3,899

With the exception of property and equipment, we do not identify or allocate our long-lived assets by geographic area. The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions):

	January 24, 2020		April 26, 2019
U.S.	$	555	$	572
International		185		187
Total	$	740	$	759

The following customers, each of which is a distributor, accounted for 10% or more of our net revenues:

	Three Months Ended						Nine Months Ended
	January 24, 2020			January 25, 2019			January 24, 2020			January 25, 2019
Arrow Electronics, Inc.		25	%		25	%		25	%		24	%
Tech Data Corporation		20	%		20	%		20	%		19	%

January 24,

2020

April 26,

2019

Arrow Electronics, Inc.

Tech Data Corporation