Segment Information

3 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

We have the following two reporting segments, which are the same as our operating segments:

• 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, website security and advanced web and cloud security offerings. Our enterprise endpoint and network security and management offerings support evolving endpoints and networks, providing advanced threat protection while helping reduce cost and complexity. These solutions are delivered through various methods, such as software, appliance, Software-as-a-Service (“SaaS”) and managed services.

• Consumer Digital Safety.Our Consumer Digital Safety segment focuses on providing a Digital Safety solution to protect information, devices, networks and the identities of consumers. This platform includes our Norton-branded services, which 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. With the addition of LifeLock-branded identity protection services, we are accelerating our leadership in Consumer Digital Safety to protect all aspects of the consumer’s digital life.

Operating segments are based upon the nature of our business and how our business is managed. Our Chief Operating Decision Makers (“CODM”), comprised of our Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), use operating segment financial information to evaluate segment performance and to allocate resources.

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

	Three Months Ended
(In millions)	June 30, 2017		July 1, 2016
Total Segments:
Net revenues	$	1,175	$	884
Operating income	$	324	$	253
Enterprise Security:
Net revenues	$	646	$	481
Operating income	$	94	$	28
Consumer Digital Safety:
Net revenues	$	529	$	403
Operating income	$	230	$	225

We do not allocate to our operating segments certain operating expenses that we manage separately at the corporate level and are not used in evaluating the results of, or in allocating resources to, our segments. These unallocated expenses consist of stock-based compensation expense, amortization of intangible assets, restructuring, transition and other charges, and acquisition and integration costs.

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

	Three Months Ended
(In millions)	June 30, 2017			July 1, 2016
Total segment operating income	$	324		$	253
Reconciling items:
Stock-based compensation expense	147			49
Amortization of intangible assets	114			20
Restructuring, transition and other	88			70
Acquisition and integration costs	19			8
Total consolidated operating income (loss) from continuing operations	$	(44	)	$	106