XML 20 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 28, 2019
Jun. 29, 2019
Current Assets:    
Cash and cash equivalents $ 896.9 $ 969.2
Short-term investments 269.8 264.6
Trade accounts receivable, less allowances of $3.8 and $4.4, respectively 363.5 298.1
Inventories 748.3 778.3
Prepaid expenses 65.2 99.8
Income tax receivable 43.3 55.8
Other current assets 124.4 91.0
Total current assets 2,511.4 2,556.8
Property and equipment, net 886.3 938.8
Operating lease right-of-use assets 1,996.5  
Goodwill 1,511.3 1,516.2
Intangible assets 1,649.8 1,711.9
Deferred income taxes 36.1 19.4
Other assets 108.7 134.2
Total assets 8,700.1 6,877.3
Current Liabilities:    
Accounts payable 252.4 243.6
Accrued liabilities 670.1 673.6
Current portion of operating lease liabilities 329.8  
Current debt 0.0 0.8
Total current liabilities 1,252.3 918.0
Long-term debt 1,598.0 1,601.9
Long-term operating lease liabilities 1,901.2  
Deferred income taxes 230.5 234.1
Long-term income taxes payable 150.0 155.9
Other liabilities 245.7 454.0
Total liabilities 5,377.7 3,363.9
See Note 15 on 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 1.0 billion shares; $0.01 par value per share) issued and outstanding - 276.0 million and 286.8 million shares, respectively 2.8 2.9
Additional paid-in-capital 3,333.3 3,302.1
Retained earnings (accumulated deficit) 71.3 291.6
Accumulated other comprehensive income (loss) (85.0) (83.2)
Total stockholders' equity 3,322.4 3,513.4
Total liabilities and stockholders' equity $ 8,700.1 $ 6,877.3