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Segment and Geographic Information | 9 Months Ended
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Dec. 30, 2022
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 and prioritize resources. The following table summarizes net revenues for our major solutions:
| Three Months Ended |  | Nine Months Ended
(In millions) | December 30, 2022 |  | December 31, 2021 |  | December 30, 2022 |  | December 31, 2021
Consumer security revenues | $ | 590 |  |  | $ | 406 |  |  | $ | 1,428 |  |  | $ | 1,211 |
Identity and information protection revenues | 323 |  |  | 284 |  |  | 915 |  |  | 835 |
Total Cyber Safety revenues | 913 |  |  | 690 |  |  | 2,343 |  |  | 2,046 |
Legacy revenues | 23 |  |  | 12 |  |  | 48 |  |  | 34 |
Total net revenues (1) | $ | 936 |  |  | $ | 702 |  |  | $ | 2,391 |  |  | $ | 2,080 |
(1) During the three months ended December 30, 2022, total net revenues include an unfavorable foreign exchange impact of $34 million, consisting of $33 million from our consumer security solutions and $1 million from our identity and information protection solutions. During the nine months ended December 30, 2022, total net revenues include an unfavorable foreign exchange impact of $92 million, consisting of $89 million from our consumer security solutions, $2 million from our identity and information protection solutions and $1 million from our legacy solutions. 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 includes revenues from our Norton 360 Security offerings, Norton Security, Avast Security offerings, Norton Secure VPN, Avira Security and other consumer security and device performance solutions through our direct, partner and small business channels. Identity and information protection includes revenues from our Norton 360 with LifeLock offerings, LifeLock identity theft protection and other information protection and privacy solutions. Legacy includes revenues from products or solutions that are no longer in operations in exited markets, have been discontinued or identified to be discontinued, or remain in maintenance mode as a result of integration and product portfolio decisions. 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:
| Three Months Ended |  | Nine Months Ended
(In millions) | December 30, 2022 |  | December 31, 2021 |  | December 30, 2022 |  | December 31, 2021
Americas | $ | 622 |  |  | $ | 493 |  |  | $ | 1,659 |  |  | $ | 1,455 |
EMEA | 220 |  |  | 128 |  |  | 479 |  |  | 380 |
APJ | 94 |  |  | 81 |  |  | 253 |  |  | 245 |
Total net revenues (1) | $ | 936 |  |  | $ | 702 |  |  | $ | 2,391 |  |  | $ | 2,080 |
Note: The Americas include U.S., Canada and Latin America; EMEA includes Europe, Middle East and Africa; APJ includes Asia Pacific and Japan. (1) During the three months ended December 30, 2022, total net revenues include an unfavorable foreign exchange impact of $34 million, consisting of $1 million from Americas, $21 million from EMEA and $12 million from APJ. During the nine months ended December 30, 2022, total net revenues include an unfavorable foreign exchange impact of $92 million, consisting of $1 million from Americas, $55 million from EMEA and $36 million from APJ. Revenues from customers inside the U.S. were $537 million and $1,509 million during the three and nine months ended December 30, 2022, respectively, and $467 million and $1,383 million during the three and nine months ended December 31, 2021, 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) | December 30, 2022 |  | April 1, 2022
U.S. | $ | 372 |  |  | $ | 1,220 |
International | 440 |  |  | 671 |
Total cash, cash equivalents and short-term investments | $ | 812 |  |  | $ | 1,891 |
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) | December 30, 2022 |  | April 1, 2022
U.S. | $ | 39 |  |  | $ | 16 |
Ireland | 24 |  |  | 27 |
Czech Republic | 20 |  |  | — |
Germany | 13 |  |  | 13 |
Other countries (1) | 8 |  |  | 4 |
Total property and equipment, net | $ | 104 |  |  | $ | 60 |
(1) No other 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, at the end of each period presented, are as follows:
(In millions) | December 30, 2022 |  | April 1, 2022
U.S. | $ | 28 |  |  | $ | 66 |
Czech Republic | 12 |  |  | — |
Other countries (1) | 9 |  |  | 8 |
Total operating lease assets | $ | 49 |  |  | $ | 74 |
(1) No other individual country represented more than 10% of the respective totals. Significant customers and channel partners No individual, end-user customer accounted for 10% or more of our net revenues during the nine months ended December 30, 2022 and December 31, 2021. Distributors that accounted for over 10% of our total accounts receivable were as follows:
| December 30, 2022 |  | April 1, 2022
Distributor A | 16 | % |  | 23 | %
Distributor B | 14 | % |  | N/A

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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