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Segment and Geographic Information
 9 Months Ended
Dec. 29, 2023
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
We operate as one reportable segment. Our Chief Operating Decision Maker is our Chief Executive Officer, who reviews financial information presented on a consolidated basis to evaluate company performance and to allocate and prioritize resources.
The following table summarizes net revenues for our major solutions:
Three Months EndedNine Months Ended
(In millions)December 29, 2023December 30, 2022December 29, 2023December 30, 2022
Consumer security revenues$602 $590 $1,804 $1,428 
Identity and information protection revenues334 323 993 915 
Total Cyber Safety revenues936 913 2,797 2,343 
Legacy revenues15 23 48 48 
Total net revenues (1)
$951 $936 $2,845 $2,391 
(1)     During the three months ended December 29, 2023, total net revenues include an unfavorable foreign exchange impact of $2 million from our consumer security solutions. During the nine months ended December 29, 2023, total net revenues include an unfavorable foreign exchange impact of $18 million from our consumer security solutions.
From time to time, changes in our product hierarchy cause changes to the product categories above. When changes occur, we recast historical amounts to match the current product hierarchy. The changes have been reflected for all periods presented above. Consumer security includes revenues from our Norton 360 Security offerings, Norton Security, Avast Security offerings, Norton Secure VPN, Avira Security and other consumer security and device performance solutions through our direct, partner and small business channels. Identity and information protection includes revenues from our Norton 360 with LifeLock offerings, LifeLock identity theft protection and other information protection and privacy solutions. Legacy includes revenues from products or solutions from markets that we have exited and in which we no longer operate, have been discontinued or identified to be discontinued, or remain in maintenance mode as a result of integration and product portfolio decisions.
Geographic information
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 EndedNine Months Ended
(In millions)December 29, 2023December 30, 2022December 29, 2023December 30, 2022
Americas$621 $622 $1,857 $1,659 
EMEA230 220 686 479 
APJ100 94 302 253 
Total net revenues (1)
$951 $936 $2,845 $2,391 
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 December 29, 2023, total net revenues include an unfavorable foreign exchange impact of $2 million primarily from APJ. During the nine months ended December 29, 2023, total net revenues includes an unfavorable foreign exchange impact of $18 million, consisting of $13 million from EMEA and $5 million from APJ.
Revenues from customers inside the U.S. were $563 million and $1,690 million during the three and nine months ended December 29, 2023, respectively, and $537 million and $1,509 million during the three and nine months ended December 30, 2022, respectively. No other individual country accounted for more than 10% of revenues.
The table below represents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries.
(In millions)December 29, 2023March 31, 2023
U.S.$73 $178 
International417 572 
Total cash, cash equivalents and short-term investments$490 $750 
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)December 29, 2023March 31, 2023
U.S.$48 $38 
Czech Republic7 16 
Germany13 13 
Other countries (1)
8 9 
Total property and equipment, net$76 $76 
(1)     No other individual country represented more than 10% of the respective totals.
Significant customers and e-commerce partners
No individual, end-user customer accounted for 10% or more of our net revenues during the nine months ended December 29, 2023 and December 30, 2022.
E-commerce partners that accounted for over 10% of our total billed and unbilled accounts receivable were as follows:
December 29, 2023March 31, 2023
E-commerce partner A
15 %13 %
E-commerce partner B
14 %14 %