Segment and Geographic Information (Tables)

3 Months Ended

Jun. 28, 2024

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 Ended
(In millions)	June 28, 2024		June 30, 2023
Consumer security revenues	$	607	$	597
Identity and information protection revenues	344		329
Total cyber safety revenues	951		926
Legacy revenues	14		17
Total net revenues (1)	$	965	$	943

(1)     During the three months ended June 28, 2024, total net revenues include an unfavorable foreign exchange impact of $7 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 for the periods presented:

	Three Months Ended
(In millions)	June 28, 2024		June, 30, 2023 (2)
Americas	$	636	$	614
EMEA	233		226
APJ	96		103
Total net revenues (1)	$	965	$	943

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 June 28, 2024, total net revenues include an unfavorable foreign exchange impact of $7 million primarily from APJ.

(2)    From time to time, changes in allocation methodologies cause changes to the revenue by geographic area above. When changes occur, we recast historical amounts to match the current methodology, such as for the three months ended June 30, 2023 where we aligned allocation methodologies across similar product categories.

Schedule of Cash, Cash Equivalents and Investments

The table below represents cash and cash equivalents held in the U.S. and internationally in various foreign subsidiaries:

(In millions)	June 28, 2024		March 29, 2024
U.S.	$	285	$	467
International	359		379
Total cash and cash equivalents	$	644	$	846

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)	June 28, 2024		March 29, 2024
U.S.	$	46	$	47
Germany	12		12
Other countries (1)	11		13
Total property and equipment, net	$	69	$	72

(1)     No individual country represented more than 10% of the respective totals.

Schedule of Accounts Receivable by Major Customers by Reporting Segments

E-commerce partners that accounted for over 10% of our total billed and unbilled accounts receivable were as follows:

	June 28, 2024		March 29, 2024
E-commerce partner A	13	%	13	%
E-commerce partner B	15	%	11	%