Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Apr. 02, 2022

Equity [Abstract]

Schedule of accumulated other comprehensive income (loss)

The changes in accumulated other comprehensive income (loss) were as follows for the periods as presented (in millions):

	Foreign currency translation adjustments, net of tax (1)		Defined benefit obligations, net of tax (2)		Unrealized gain (loss) on available-for-sale securities, net of tax		Total
Beginning balance as of July 3, 2021	$	9.7	$	(1.4)	$	(0.1)	$	8.2
Other comprehensive income	—		—		0.3		0.3
Ending balance as of October 2, 2021	9.7		(1.4)		0.2		8.5
Other comprehensive loss	—		—		(2.3)		(2.3)
Ending balance as of January 1, 2022	9.7		(1.4)		(2.1)		6.2
Other comprehensive loss	—		(0.5)		(6.9)		(7.4)
Ending balance as of April 2, 2022	$	9.7	$	(1.9)	$	(9.0)	$	(1.2)
	Foreign currency translation adjustments, net of tax (1)		Defined benefit obligations, net of tax (2)		Unrealized gain (loss) on available-for-sale securities, net of tax		Total
Beginning balance as of June 27, 2020	$	9.7	$	(4.2)	$	2.4	$	7.9
Other comprehensive loss	—		—		(1.5)		(1.5)
Ending balance as of September 26, 2020	9.7		(4.2)		0.9		6.4
Other comprehensive loss	—		—		(0.4)		(0.4)
Ending balance as of December 26, 2020	9.7		(4.2)		0.5		6.0
Other comprehensive loss	—		—		(0.3)		(0.3)
Ending balance as of April 3, 2021	$	9.7	$	(4.2)	$	0.2	$	5.7

(1) In fiscal 2019, we established the functional currency for our worldwide operations as the U.S. dollar. Translation adjustments reported prior to December 10, 2018 remain as a component of accumulated other comprehensive income in our condensed consolidated balance sheets, until all or a part of the investment in the subsidiaries is sold or liquidated.

(2) We re-evaluate the assumptions related to the fair value of our defined benefit obligations annually and make any updates as necessary.