Earnings Per Share (Tables)

9 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted net income (loss) attributable to common stockholders per share

The following table sets forth the computation of basic and diluted net income per share (in millions, except per share data):

	Three Months Ended				Nine Months Ended
	April 2, 2022		April 3, 2021		April 2, 2022		April 3, 2021
Numerator:
Net income - basic and diluted	$	26.0	$	225.5	$	164.2	$	375.8
Denominator:
Weighted average common shares outstanding - basic	71.0		75.8		72.0		75.6
Effect of dilutive securities from stock-based benefit plans	0.7		0.8		0.6		0.8
Shares issuable assuming conversion of the 2024 Notes	2.8		2.6		2.5		2.2
Weighted average common shares outstanding - diluted	74.5		79.2		75.1		78.6
Net income per share:
Basic	$	0.37	$	2.97	$	2.28	$	4.97
Diluted	$	0.35	$	2.85	$	2.19	$	4.78