Since everyone is nitpicking, there are two types of residential service in the U.S. By far the most common is a split-phase transformer that supplies 240 volts to typically 3 or 4 homes, with the center tap of the transformer grounded to become the “neutral” (so 240 volts line to line, and 120 volts from either line to neutral). There are also some older systems out there which have 3 phase power running down through the neighborhood, and each home gets 2 lines from that 3 phase system (again, with transformers feeding every few homes). This results in 120 volts line to neutral, but only 208 volts line to line.
It’s important to know which you have, since some appliances (like clothes dryers) can have different heating elements installed if you have the lower voltage. Many people just use 240 volt appliances, and things like clothes dryers just take a bit longer to dry clothes, ovens take longer to heat up, etc.
120/208 residential service for individual homes is not very common in the U.S. There are some parts of New York City that have homes wired up that way, and parts of Chicago as well (IIRC), but these are generally older neighborhoods with homes that are close together.
What is much more common is the three phases will be split up and sent down different streets through neighborhoods. In other words, one street would get phase A, the next street over would get phase B, and the next street over from that would get phase C.
In rural areas (like where I live) the different phases might not even go to the same neighborhoods. Instead the phases might be split so that each phase goes to different areas. When I first saw a power map of my area, I was surprised to see the 3 phases split off from each other at one point and then end up miles away from each other at their end.
Smaller commercial buildings and apartment buildings will often be fed from 3 phase 120/208 service. If you are in an office building and you buy/rent a large photocopier, they will need to know if you have 120/240 or 120/208 since it makes a difference for the copier.
Commercial and industrial facilities might also be fed by 480 volt 3 phase service. The building that I work in is one such facility. All of our lighting used to be 480 volt fluorescent, with 120/208 in lab areas and 120 volts in office cubicles. They have switched the lighting over to 120v LED lighting in the last year or so though to save on energy costs.