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				Six Months Ended
	October 25, 2019		October 26, 2018		October 25, 2019		October 26, 2018
United States, Canada and Latin America (Americas)	$	771	$	868	$	1,406	$	1,711
Europe, Middle East and Africa (EMEA)		402		429		804		859
Asia Pacific (APAC)		198		220		397		421
Net revenues	$	1,371	$	1,517	$	2,607	$	2,991

Americas revenues consist of sales to Americas commercial and U.S. public sector markets. Sales to customers inside the U.S. were $703 million and $789 million during the three months ended October 25, 2019 and October 26, 2018, respectively, and were $1,277 million and $1,550 million during the six months ended October 25, 2019 and October 26, 2018, 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):

	October 25, 2019		April 26, 2019
U.S.	$	125	$	159
International		2,862		3,740
Total	$	2,987	$	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):

	October 25, 2019		April 26, 2019
U.S.	$	559	$	572
International		187		187
Total	$	746	$	759

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

	Three Months Ended						Six Months Ended
	October 25, 2019			October 26, 2018			October 25, 2019			October 26, 2018
Arrow Electronics, Inc.		24	%		24	%		24	%		23	%
Tech Data Corporation		21	%		21	%		21	%		19	%

October 25,

2019

April 26,

2019

Arrow Electronics, Inc.

Tech Data Corporation