CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 03, 2021	Jun. 27, 2020
Current assets:
Cash and cash equivalents	$ 774.3	$ 298.0
Short-term investments	1,171.7	1,255.8
Accounts receivable, net	212.8	233.5
Inventories	196.4	188.9
Prepayments and other current assets	81.6	73.8
Total current assets	2,436.8	2,050.0
Property, plant and equipment, net	361.1	393.0
Operating lease right-of-use assets, net	67.4	78.7
Goodwill	368.9	368.9
Other intangible assets, net	241.2	316.8
Deferred tax asset	72.9	81.2
Other non-current assets	3.3	4.0
Total assets	3,551.6	3,292.6
Current liabilities:
Accounts payable	116.9	150.8
Accrued payroll and related expenses	54.3	53.4
Accrued expenses	33.1	23.7
Convertible notes, current	390.7	0.0
Operating lease liabilities, current	11.8	10.8
Other current liabilities	57.8	44.3
Total current liabilities	664.6	283.0
Convertible notes, non-current	789.8	1,120.3
Operating lease liabilities, non-current	47.6	57.6
Deferred tax liability	35.9	46.5
Other non-current liabilities	40.9	36.0
Total liabilities	1,578.8	1,543.4
Commitments and contingencies (Note 19)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares; 73.0 and 75.1 shares issued and outstanding as of July 3, 2021 and June 27, 2020, respectively	0.1	0.1
Additional paid-in capital	1,743.6	1,676.6
Retained earnings	220.9	64.6
Accumulated other comprehensive income	8.2	7.9
Total stockholders’ equity	1,972.8	1,749.2
Total liabilities and stockholders’ equity	$ 3,551.6	$ 3,292.6