Symantec 2015 Annual Report Download - page 110

(“4.20% notes”). In fiscal 2013, we issued $600 million in principal amount of 2.75% senior notes due June
2017 (“2.75% notes due 2017”) and $400 million in principal amount of 3.95% senior notes due June 2022
(“3.95% notes”).
(e) Includes noncontrolling interest in subsidiary of $78 million and $77 million in fiscal 2012 and fiscal 2011,
respectively.
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
OVERVIEW
Our business
Symantec Corporation is a global leader in security, backup and availability solutions. Our market leading
products and services protect people and information in any environment — from the mobile device in your
pocket, to the enterprise data center, to cloud-based systems. Founded in April 1982, Symantec operates one of
the largest global threat-intelligence networks. The company has more than 19,000 employees in more than 50
countries.
Fiscal calendar
We have a 52/53-week fiscal year ending on the Friday closest to March 31. Unless otherwise stated,
references to years in this report relate to fiscal year and periods ended April 3, 2015, March 28, 2014 and
March 29, 2013. Our fiscal 2015 was a 53-week year whereas our fiscal 2014 and 2013 were 52-week years.
Strategy
In our security business, we operate a global civilian cyber intelligence threat network and track a vast
number of threats across the Internet from hundreds of millions of mobile devices, endpoints, and servers across
the globe. We believe one of our competitive advantages is our database of threat indicators which allows us to
reduce the number of false positives and provide faster and better protection for customers through our products.
We are leveraging our capabilities in threat protection and data loss prevention and extending them into our core
security offerings. We are also pioneering new solutions in growing markets like cloud, advanced threat
protection, information protection and cyber security services.
Our security strategy is to leverage our unique assets to provide best-in-class consumer and enterprise
security products; deliver a unified security analytics platform that provides big data analytics, utilizes our vast
telemetry, provides visibility into real-time global threats, and powers Symantec and third-party security
analytics applications; and offer cyber security services that provide a full-suite of services from monitoring to
incident response to threat intelligence supported by over 500 cyber security experts and nine global threat
centers.
In our information management business, with a global installed customer base, we have a comprehensive
portfolio that spans backup and recovery, storage management and archiving. Our information availability
offerings help customers keep their data and systems available where they need them, when they need them, and
irrespective of their location. Our information insight solutions help customers know what data they have and
leverage that knowledge to help manage such data better and inform strategic decisions.
Our information management product strategy is to expand our best-in-class foundational portfolio across
backup, storage management, business continuity, archiving and eDiscovery through software, integrated
32