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Segment and Geographic Information
 9 Months Ended
Dec. 27, 2024
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 27, 2024December 29, 2023December 27, 2024December 29, 2023
Consumer security revenues$619 $598 $1,841 $1,796 
Identity and information protection revenues355 335 1046 992 
Total cyber safety revenues
974 933 2,887 2,788 
Legacy revenues12 15 38 48 
Total net revenues
$986 $948 $2,925 $2,836 
Consumer security includes revenues from our Norton 360 Security offerings, Norton, Avast, AVG, and Avira Security and VPN offerings, 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 identity 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 for the periods presented:
Three Months EndedNine Months Ended
(In millions)December 27, 2024
December 29, 2023 (1)
December 27, 2024
December 29, 2023 (1)
Americas$647 $619 $1,924 $1,851 
EMEA240 230 706 683 
APJ99 99 295 302 
Total net revenues (1)
$986 $948 $2,925 $2,836 
Note: The Americas include U.S., Canada and Latin America; EMEA includes Europe, Middle East and Africa; APJ includes Asia Pacific and Japan.
(1)    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 and nine months ended December 29, 2023 where we aligned allocation methodologies across similar product categories.
Revenues from customers inside the U.S. were $589 million and $1,752 million during the three and nine months ended December 27, 2024, respectively, and $564 million and $1,687 million during the three and nine months ended December 29, 2023, respectively. No other individual country accounted for more than 10% of revenues.
The table below represents cash and cash equivalents held in the U.S. and internationally in various foreign subsidiaries:
(In millions)December 27, 2024March 29, 2024
U.S.$497 $467 
International386 379 
Total cash and cash equivalents
$883 $846 
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)December 27, 2024March 29, 2024
U.S.$51 $47 
Germany— 12 
Other countries (1)
10 13 
Total property and equipment, net$61 $72 
(1)     No 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 27, 2024 and December 29, 2023.
E-commerce partners that accounted for over 10% of our total billed and unbilled accounts receivable, prior to allowance of doubtful accounts, were as follows:
December 27, 2024March 29, 2024
E-commerce partner A
9 %13 %
E-commerce partner B
21 %11 %
On January 16, 2025, we notified e-commerce partner B of our termination of the agreement and subsequently entered into a legal settlement agreement with them. Refer to Note 19 for further information about this notice of termination and settlement agreement.