Segment, Geographic, And Significant Customer Information

12 Months Ended

Apr. 27, 2012

Segment, Geographic, And Significant Customer Information [Abstract]

Segment, Geographic, And Significant Customer Information

15. Segment, Geographic, and Significant Customer Information

We operate in one reportable industry segment: the design, manufacturing, marketing, and technical support of high-performance networked storage 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 its 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 system 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 our internal management system and utilized by our Chief Executive Officer, who is considered our Chief Operating Decision Maker, is as follows (in millions):

	Year Ended
	April 27, 2012		April 29, 2011		April 30, 2010
Americas (United States, Canada and Latin America)*	$	3,529.7	$	2,899.0	$	2,208.1
Europe, Middle East and Africa		1,936.5		1,719.1		1,329.1
Asia Pacific and Japan		767.0		504.5		394.2
Net revenues	$	6,233.2	$	5,122.6	$	3,931.4

* Americas revenues consist of Americas commercial and U.S. public sector markets. Sales to customers inside the United States comprised $3,027.8 million, $2,593.2 million and $1,971.7 million of Americas net revenues in fiscal 2012, 2011 and 2010, respectively.

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

	April 27, 2012		April 29, 2011
United States	$	2,697.6	$	3,037.5
International		2,763.8		2,211.8
Total	$	5,461.4	$	5,249.3

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, net for geographic areas based on the physical location of the assets (in millions):

	April 27, 2012		April 29, 2011
United States	$	1,038.9	$	840.2
International		98.3		71.4
Total	$	1,137.2	$	911.6

No more than ten percent of property and equipment was located in any single foreign country.

International sales to a single foreign country that accounted for ten percent or more of net revenues are as follows (in millions):

	Year Ended
	April 27, 2012		April 29, 2011		April 30, 2010
Germany	$	632.6	$	618.0	$	441.1

The following customers, each of which is a distributor, accounted for ten percent or more of our net revenues (in millions):

	Year Ended
	April 27, 2012		April 29, 2011		April 30, 2010
Arrow Electronics, Inc.	$	1,035.7	$	903.0	$	550.7
Avnet, Inc.		753.6		639.0		444.0

The following customers accounted for ten percent or more of net accounts receivable (in millions):

	April 27, 2012		April 29, 2011
Arrow Electronics, Inc.		N/A	$	101.4
Avnet, Inc.	$	92.5	$	107.5

N/A — Not Applicable