Segment Information

6 Months Ended

Oct. 02, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

The three reporting segments, which are the same as our operating segments, are as follows:

• Consumer Security:Our Consumer Security segment focuses on making it simple for customers to be productive and protected at home and at work. Our Norton-branded services provide multi-layer security and identity protection on major desktop and mobile operating systems, to defend against increasingly complex online threats to individuals, families, and small businesses.

• Enterprise Security:Our Enterprise Security segment protects organizations so they can securely conduct business while leveraging new platforms and data. Our Enterprise Security segment includes our threat protection products, information protection products, cyber security services, and website security, previously named trust services.

• Information Management:Our Information Management segment focuses on backup and recovery, archiving and eDiscovery, storage and high availability solutions, helping to ensure that our customers’ IT infrastructure and mission-critical applications are protected, managed and available. For additional information about the planned divestiture of our information management business seeNote 3.

There were no intersegment sales for the periods presented. The following table summarizes the operating results of our reporting segments:

	Three Months Ended				Six Months Ended
	October 2, 2015		October 3, 2014		October 2, 2015		October 3, 2014
	(Dollars in millions)
Total Segments
Net revenue	$	1,498	$	1,617	$	2,997	$	3,352
Operating income	421		464		831		891
Consumer Security
Net revenue	$	420	$	485	$	850	$	1,018
Operating income	232		257		477		525
Enterprise Security
Net revenue	$	485	$	511	$	967	$	1,063
Operating income	50		85		80		155
Information Management
Net revenue	$	593	$	621	$	1,180	$	1,271
Operating income	139		122		274		211

Operating segments are based upon the nature of the business and how the business is managed. Our Chief Operating Decision Maker, which is comprised of our Chief Executive Officer and Chief Financial Officer, uses this financial information to evaluate the performance of, and to assign resources to, each of the operating segments. We do not allocate to the operating segments certain operating expenses which we manage separately at the corporate level. These unallocated costs consist of stock-based compensation expense, amortization of intangible assets and restructuring, separation, and transition charges.

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

	Three Months Ended				Six Months Ended
	October 2, 2015		October 3, 2014		October 2, 2015		October 3, 2014
	(Dollars in millions)
Total segment operating income	$	421	$	464	$	831	$	891
Reconciling items:
Stock-based compensation	80		46		133		89
Amortization of intangibles	27		40		59		82
Restructuring. separation, and transition	111		30		235		50
Total consolidated operating income	$	203	$	348	$	404	$	670