Segment and Geographical Information (Tables)

3 Months Ended

Jul. 05, 2019

Segment Reporting [Abstract]

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

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
(In millions)	July 5, 2019		June 29, 2018
Americas	$	807	$	734
EMEA	252		243
APJ	188		179
Total net revenues	$	1,247	$	1,156

Cash, Cash Equivalents and Investments

The table below represents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries.

(In millions)	July 5, 2019		March 29, 2019
U.S.	$	1,216	$	1,544
International	478		499
Total cash, cash equivalent and short-term investments	$	1,694	$	2,043

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country

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)	July 5, 2019		March 29, 2019
U.S.	$	661	$	671
International (1)	123		119
Total property and equipment, net	$	784	$	790

(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)	July 5, 2019
U.S.	$	95
India	22
Other international countries (1)	66
Total operating lease assets	$	183

(1)

No other international country represented more than 10% of the respective totals.

Schedule of Accounts Receivable by Major Customers by Reporting Segments

Customers, which are distributors, that accounted for over 10% of our net accounts receivable were as follows:

	July 5, 2019		March 29, 2019
Customer A	15	%	16	%
Customer B	11	%	15	%
Customer C	11	%	N/A

Schedule of Reportable Segment Data

The following table summarizes the operating results of our reportable segments:

	Three Months Ended
(In millions)	July 5, 2019		June 29, 2018
Total Segments:
Net revenues	$	1,247	$	1,156
Operating income	$	375	$	319
Enterprise Security:
Net revenues	$	611	$	556
Operating income	$	39	$	56
Consumer Cyber Safety:
Net revenues	$	636	$	600
Operating income	$	336	$	263

Reconciliation of Total Segment Operating Income from Continuing Operations to Total Consolidated Operating Income

The following table provides a reconciliation of our total reportable segments’ operating income to our total operating income:

	Three Months Ended
(In millions)	July 5, 2019		June 29, 2018
Total segment operating income	$	375	$	319
Reconciling items:
Stock-based compensation expense	80		113
Amortization of intangible assets	112		111
Restructuring, transition and other costs	25		96
Other	1		(3		)
Total consolidated operating income from continuing operations	$	157	$	2

Revenue from External Customers by Products and Services

The following table summarizes net revenues by significant products and services categories:

	Three Months Ended
(In millions)	July 5, 2019		June 29, 2018
Enterprise Security:
Endpoint and information protection	$	261	$	249
Network and web security	196		173
Other products and services	154		134
Total Enterprise Security	$	611	$	556
Consumer Cyber Safety:
Consumer security	$	381	$	369
Identity and information protection	255		231
Total Consumer Cyber Safety	636		600
Total net revenues	$	1,247	$	1,156