CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Jul. 01, 2023
Current assets:
Cash and cash equivalents	$ 861.6	$ 859.0
Short-term investments	1,082.7	1,154.6
Accounts receivable, net	220.0	246.1
Inventories	428.0	408.6
Prepayments and other current assets	99.4	109.6
Total current assets	2,691.7	2,777.9
Property, plant and equipment, net	511.6	489.5
Operating lease right-of-use assets, net	68.8	77.3
Goodwill	695.1	695.1
Other intangible assets, net	435.2	459.2
Deferred tax asset	128.0	116.3
Other non-current assets	14.6	16.8
Total assets	4,545.0	4,632.1
Current liabilities:
Accounts payable	134.6	169.4
Accrued payroll and related expenses	40.9	39.4
Accrued expenses	59.4	51.2
Convertible notes, current	315.7	311.6
Operating lease liabilities, current	11.8	14.4
Other current liabilities	31.3	47.8
Total current liabilities	593.7	633.8
Convertible notes, non-current	2,500.9	2,500.0
Operating lease liabilities, non-current	41.2	47.7
Deferred tax liability	12.7	3.4
Other non-current liabilities	85.7	91.4
Total liabilities	3,234.2	3,276.3
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares, 67.0 and 66.4 shares issued and outstanding as of September 30, 2023 and July 1, 2023, respectively	0.1	0.1
Additional paid-in capital	1,714.0	1,692.2
Accumulated deficit	(408.5)	(340.6)
Accumulated other comprehensive income	5.2	4.1
Total stockholders’ equity	1,310.8	1,355.8
Total liabilities and stockholders’ equity	$ 4,545.0	$ 4,632.1