Balance Sheet Details (Tables)

3 Months Ended

Sep. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

The components of inventories were as follows (in millions):


	September 30, 2023		July 1, 2023
Raw materials and purchased parts	$	173.3	$	170.5
Work in process	113.4		103.2
Finished goods	141.3		134.9
Inventories	$	428.0	$	408.6

Schedule of Components of Property, Plant and Equipment, Net

The components of property, plant and equipment, net were as follows (in millions):


	September 30, 2023		July 1, 2023
Land	$	75.2	$	63.5
Buildings and improvements	188.1		170.3
Machinery and equipment	665.8		657.9
Computer equipment and software	42.6		41.4
Furniture and fixtures	11.0		10.2
Leasehold improvements	41.8		49.6

Construction in progress	79.8		69.2
	1,104.3		1,062.1
Less: Accumulated depreciation	(592.7)		(572.6)
Property, plant and equipment, net	$	511.6	$	489.5

Schedule of Operating Lease, Right-of-Use Assets, Net

Operating lease right-of-use assets, net were as follows (in millions):


	September 30, 2023		July 1, 2023
Operating lease right-of-use assets	$	104.1	$	116.5
Less: accumulated amortization	(35.3)		(39.2)
Operating lease right-of-use assets, net	$	68.8	$	77.3

Schedule of Components of Other Current Liabilities

The components of other current liabilities were as follows (in millions):


	September 30, 2023		July 1, 2023
Restructuring accrual and related charges (1)	$	9.3	$	5.0
Warranty accrual (2)	5.5		6.8
Deferred revenue and customer deposits	1.6		2.1

Income tax payable (3)	10.7		28.0
Other current liabilities	4.2		5.9
Other current liabilities	$	31.3	$	47.8

(1) Refer to “Note 11. Restructuring and Related Charges.”

(2) Refer to “Note 14. Commitments and Contingencies.”

(3) Refer to “Note 12. Income Taxes.”

Schedule of Components of Other Non-Current Liabilities

The components of other non-current liabilities were as follows (in millions):


	September 30, 2023		July 1, 2023
Asset retirement obligations	$	7.5	$	8.2
Pension and related accruals (1)	10.1		9.6

Unrecognized tax benefit	59.5		64.4
Other non-current liabilities	8.6		9.2
Other non-current liabilities	$	85.7	$	91.4

(1) We have defined benefit pension plans in Japan, Switzerland, and Thailand. Pension and related accrual of $10.1 million as of September 30, 2023 relates to $10.2 million of non-current portion of benefit obligation, offset by $0.1 million of funding for the pension plan in Switzerland. Pension and related accrual of $9.6 million as of July 1, 2023 relates to $10.2 million of non-current portion of benefit obligation, offset by $0.6 million of funding for the pension plan in Switzerland. We typically re-evaluate the assumptions related to the fair value of our defined benefit obligations annually in the fiscal fourth quarter and make any updates as necessary.