XML 52 R42.htm IDEA: XBRL DOCUMENT v3.23.3
Segment and Geographic Information (Tables)
6 Months Ended
Sep. 29, 2023
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers by Products and Services
The following table summarizes net revenues for our major solutions:
Three Months EndedSix Months Ended
(In millions)September 29, 2023September 30, 2022September 29, 2023September 30, 2022
Consumer security revenues$604 $436 $1,202 $838 
Identity and information protection revenues328 298 659 592 
Total Cyber Safety revenues932 734 1,861 1,430 
Legacy revenues16 14 33 25 
Total net revenues (1)
$948 $748 $1,894 $1,455 
(1)     During the three months ended September 29, 2023, total net revenues include an unfavorable foreign exchange impact of $7 million from our consumer security solutions. During the six months ended September 29, 2023, total net revenues include an unfavorable foreign exchange impact of $16 million from our consumer security solutions.
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 at the end of each period presented:
Three Months EndedSix Months Ended
(In millions)September 29, 2023September 30, 2022September 29, 2023September 30, 2022
Americas$616 $529 $1,238 $1,037 
EMEA237 139 462 259 
APJ95 80 194 159 
Total net revenues (1)
$948 $748 $1,894 $1,455 
Note: The Americas include U.S., Canada and Latin America; EMEA includes Europe, Middle East and Africa; APJ includes Asia Pacific and Japan.
(1)     During the three months ended September 29, 2023, total net revenues include an unfavorable foreign exchange impact of $7 million, consisting of $6 million from EMEA and $1 million from APJ. During the six months ended September 29, 2023, total net revenues includes an unfavorable foreign exchange impact of $16 million, consisting of $13 million from EMEA and $3 million from APJ.
Schedule of 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)September 29, 2023March 31, 2023
U.S.$207 $178 
International422 572 
Total cash, cash equivalents and short-term investments$629 $750 
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 areas, based on the physical location of the asset, at the end of each period presented.
(In millions)September 29, 2023March 31, 2023
U.S.$44 $38 
Czech Republic10 16 
Germany12 13 
Other countries (1)
Total property and equipment, net$75 $76 
(1)     No other 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, at the end of each period presented, are as follows:
(In millions)September 29, 2023March 31, 2023
U.S.$27 $25 
Czech Republic12 
Other countries (1)
Total operating lease assets$39 $43 
(1)     No other individual country represented more than 10% of the respective totals.
Schedule of Accounts Receivable by Major Customers by Reporting Segments Distributors that accounted for over 10% of our total billed and unbilled accounts receivable were as follows:
September 29, 2023March 31, 2023
Distributor A15 %13 %
Distributor B17 %14 %