Yes it is normal. Technically, it's mucous, but when mucous becomes congealed and visible it is considered phlegm, the product of your mucous membranes attempting to fight an infection of sorts--and it is good for you. Phlegm is differentiated from other mucous in that it comes from the lungs rather than from the nasal passages; though, post nasal drip, a common symptom of colds, flus, sinusitis, and inhaling other irritants is often the cause of a phlegm like build up.