CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Jul. 02, 2016
Current Assets:
Cash and cash equivalents	$ 1,309.7	$ 859.0
Short-term investments	526.2	460.4
Trade accounts receivable, less allowances of $2.1 and $2.2, respectively	269.6	245.2
Inventories	464.9	459.2
Income tax receivable	45.5	13.6
Prepaid expenses and other current assets	149.8	135.5
Total current assets	2,765.7	2,172.9
Property and equipment, net	641.2	919.5
Long-term investments	110.1	558.6
Goodwill	467.3	502.4
Intangible assets	344.6	346.8
Deferred income taxes	228.3	248.8
Other assets	121.5	143.7
Total assets	4,678.7	4,892.7
Current Liabilities:
Accounts payable	152.5	186.7
Accrued liabilities	562.7	625.0
Current debt	0.0	15.0
Total current liabilities	715.2	826.7
Long-term debt	591.6	861.2
Other liabilities	560.8	521.9
Total liabilities	1,867.6	2,209.8
Commitments and contingencies
Stockholders' Equity:
Preferred stock: (authorized 25.0 million shares; $0.01 par value per share) none issued	0.0	0.0
Common stock: (authorized 1,000.0 million shares; $0.01 par value per share) issued and outstanding 280.6 million and 278.5 million shares, respectively	2.8	2.8
Additional paid-in-capital	2,900.3	2,857.1
Retained earnings (accumulated deficit)	23.7	(104.1)
Accumulated other comprehensive loss	(115.7)	(72.9)
Total stockholders' equity	2,811.1	2,682.9
Total liabilities and stockholders' equity	$ 4,678.7	$ 4,892.7