CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 01, 2023	Jul. 02, 2022
Current assets:
Cash and cash equivalents	$ 549.2	$ 1,290.2
Short-term investments	1,118.0	1,258.8
Accounts receivable, net	278.0	262.0
Inventories	410.2	250.1
Prepayments and other current assets	108.2	78.1
Total current assets	2,463.6	3,139.2
Property, plant and equipment, net	482.9	360.5
Operating lease right-of-use assets, net	81.5	73.6
Goodwill	696.2	368.9
Other intangible assets, net	498.4	155.7
Deferred tax asset	116.2	27.0
Other non-current assets	15.2	37.3
Total assets	4,354.0	4,162.2
Current liabilities:
Accounts payable	198.7	156.7
Accrued payroll and related expenses	41.1	54.6
Accrued expenses	59.5	44.7
Short-term debt	426.2	409.9
Operating lease liabilities, current	14.4	11.2
Other current liabilities	29.0	39.4
Total current liabilities	768.9	716.5
Long-term debt	1,900.8	1,466.1
Operating lease liabilities, non-current	53.1	48.8
Deferred tax liability	17.5	12.9
Other non-current liabilities	75.7	42.9
Total liabilities	2,816.0	2,287.2
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares, 68.7 and 68.0 shares issued and outstanding as of April 1, 2023 and July 2, 2022, respectively	0.1	0.1
Additional paid-in capital	1,671.4	2,003.6
Accumulated deficit	(140.6)	(129.1)
Accumulated other comprehensive income	7.1	0.4
Total stockholders’ equity	1,538.0	1,875.0
Total liabilities and stockholders’ equity	$ 4,354.0	$ 4,162.2