Norton's theorem states that a linear two-terminal circuit can be replaced by an equivalent circuit consisting of a current source (IN) in parallel with a resistor (RN), where IN is the short-circuit current and RN is the equivalent resistance when independent sources are turned off. The procedure for finding the Norton equivalent circuit involves removing the load, calculating the short-circuit current and equivalent resistance, and replacing the removed portion with the equivalent circuit. Once found, the Norton equivalent circuit can be used to calculate currents in other parts of the original circuit. Examples are provided to demonstrate finding the Norton equivalent circuit and using it to solve for currents.