Symantec 2012 Annual Report Download - page 4

• Cash flow from operations was $1.9 billion, up 6% year-over-year as we continue to
generate strong cash flows
• We closed the year with $3.2 billion in cash and cash equivalents representing 9% year-
over-year growth
• We returned $893 million to shareholders, buying back over 50 million shares of our
common stock
SEGMENT RESULTS
Consumer: Maintaining leadership in PC security, while defining new mobile and
cloud opportunities. Our Consumer segment has grown year-over-year for 15 consecutive
quarters to date. In fiscal 2012, it grew 5% in constant currency to $2.1 billion. Our consumer
security solutions continue to lead in their markets, driven by upselling to higher value solutions
and best-in-class products, winning over 250 awards in the past 2 years. In fiscal 2012, we
launched Norton One and Norton 360 Everywhere, our multi-device suites, allowing customers to
safely move their information between their PC, Mac, tablet, and mobile device. Our mobile
solutions continue to surpass expectations, ranking among the top grossing apps in the nascent
consumer mobile security market and earning 4.4 stars in the Google Play Android marketplace.
Our cloud backup and support services also continued to exceed expectations as the largest
contributor to consumer growth. Norton Online Backup now protects the data of over 14 million
subscribers and NortonLive continues to generate revenue as well as valuable cross-selling of our
security products.
Security and Compliance: Next generation protection solutions ensure security
stays ahead of emerging threats. Our enterprise security solutions maintained momentum
with solid performances across the portfolio. Our Security and Compliance segment grew 17%
in constant currency to $1.9 billion in fiscal 2012. Symantec Endpoint Protection 12, our award-
winning endpoint protection solution, provided the catalyst for multiple competitive
displacements in a highly competitive market. Our data loss prevention (“DLP”) and
authentication businesses continued their strong growth, as CIOs choose content-aware
solutions that protect information and access without impeding employee productivity.
We also made important progress on our internally developed “security for the cloud”
solution, O3. Phase 1 was launched in the March quarter. O3 enables secure cloud adoption by
providing the same level of information protection whether within the corporate network or
through a cloud-based application.
In addition, we delivered an enterprise mobility solution to support the growing “Bring
Your Own Device” trend. Our forthcoming enterprise mobility suite will offer customers
device and application management, data loss prevention and compliance capabilities in a
single integrated solution.
Storage and Server Management: Enabling organizations to use virtualization
technologies and the cloud to lower IT costs and confidently backup, recover,
archive, and discover information. Our Storage and Server Management segment grew 2%
in constant currency to $2.4 billion in fiscal 2012. Growth was driven by our information
management businesses which grew 7% in constant currency to $1.6 billion. Our information
management products help protect and archive business data for both physical and virtual
machines using integrated market leading capabilities. Symantec V-Ray technology further
extends our leadership in virtualized environments. V-Ray is embedded in our backup products
and gives IT administrators increased visibility into backup images across physical and virtual
environments. Growth in our backup business was also driven by the excellent performance of
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