XML 47 R25.htm IDEA: XBRL DOCUMENT v3.21.1
Segment and Geographic Information
 12 Months Ended
Apr. 02, 2021
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
We operate as one reportable segment. Our Chief Operating Decision Maker reviews financial information presented on a consolidated basis to evaluate company performance and to allocate resources.
The following table summarizes net revenues for our major solutions:
Year Ended
(In millions)April 2, 2021April 3, 2020March 29, 2019
Consumer security$1,513 $1,450 $1,471 
Identity and information protection1,038 994 937 
ID Analytics— 46 48 
Total net revenues$2,551 $2,490 $2,456 
From time to time, changes in our product hierarchy cause changes to the product categories above. When changes occur, we recast historical amounts to match the current product hierarchy. The changes have been reflected for all periods presented above. Consumer security products include our Norton 360 Security offerings, Norton Security, Norton Secure VPN, Avira Security, and other consumer security solutions. Identity and information protection products include our Norton 360 with LifeLock offerings, LifeLock identity theft protection and other information protection solutions. Our ID Analytics solutions were divested on January 31, 2020.
Geographic information
Net revenues by geography are based on the billing addresses of our customers. The following table represents net revenues by geographic area for the periods presented:
Year Ended
(In millions)April 2, 2021April 3, 2020March 29, 2019
Americas$1,827 $1,831 $1,786 
EMEA419 376 392 
APJ305 283 278 
Total net revenues$2,551 $2,490 $2,456 
Note: The Americas include U.S., Canada, and Latin America; EMEA includes Europe, Middle East, and Africa; APJ includes Asia Pacific and Japan
Revenues from customers inside the U.S. were $1,742 million, $1,747 million, and $1,700 million during fiscal 2021, 2020, and 2019, respectively. No other individual country accounted for more than 10% of revenues.
The table below represents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries:
(In millions)April 2, 2021April 3, 2020
U.S.$536 $1,345 
International415 918 
Total cash, cash equivalents and short-term investments$951 $2,263 
The table below represents our property and equipment, net of accumulated depreciation and amortization, by geographic area, based on the physical location of the asset, at the end of each period presented:
(In millions)April 2, 2021April 3, 2020
U.S.$28 $174 
Ireland32 34 
Germany14 4 
Other countries (1)
4 26 
Total property and equipment, net$78 $238 
(1)    No individual country represented more than 10% of the respective totals.
Our operating lease assets by geographic area, based on the physical location of the asset were as follows:
(In millions)April 2, 2021April 3, 2020
U.S.$55 $40 
India9 11 
Japan3 10 
Other countries (1)
9 27 
Total operating lease assets$76 $88 
(1)No individual country represented more than 10% of the respective totals.
Significant customers
In fiscal 2021, 2020, and 2019, no customer accounted for 10% or more of our net revenues. See Note 1 for customers that accounted for over 10% of our net accounts receivable.