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Equity (Tables)
 9 Months Ended
Mar. 30, 2024
Equity [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value The assumptions used to estimate the fair value of the replacement options are as follows:
At the Acquisition Date
Expected terms (years)3.0
Expected volatility45.0 %
Risk-free interest rate5.0 %
Dividend yield— %
Schedule of Impact on Results of Operations of Recording Stock-Based Compensation by Function
The impact on our results of operations of recording stock-based compensation by function for the periods presented was as follows (in millions):
Three Months EndedNine Months Ended
March 30, 2024April 1, 2023March 30, 2024April 1, 2023
Cost of sales$8.5 $6.9 $23.5 $19.1 
Research and development9.8 11.0 30.1 31.2 
Selling, general and administrative13.3 15.2 44.7 66.0 
Total stock-based compensation$31.6 $33.1 $98.3 $116.3 
Schedule of Income Tax Benefit Associated with Stock-Based Compensation
Total income tax benefit associated with stock-based compensation recognized in our condensed consolidated statements of operations during the periods presented was as follows (in millions):
Three Months EndedNine Months Ended
March 30, 2024April 1, 2023March 30, 2024April 1, 2023
Income tax benefit associated with stock-based compensation$3.6 $3.3 $6.1 $9.7 
Schedule of Awards Activity
The following table summarizes our award activities for the nine months ended March 30, 2024 (in millions):
Stock OptionsRestricted Stock UnitsPerformance Stock Units
Number of SharesWeighted-Average Exercise Price per ShareNumber of SharesWeighted-Average Grant Date Fair Value per ShareNumber of SharesWeighted-Average Grant Date Fair Value per Share
Balance as of July 1, 2023— $— 2.6 $85.0 0.6 $89.1 
Replacement options in connection with Cloud Light acquisition1.1 34.6 — — — — 
Granted— — 1.9 52.4 0.7 53.1 
Vested/Exercised (1)
— 8.0 (1.2)85.8 (0.1)88.8 
Canceled— — (0.3)72.8 (0.3)84.1 
Balance as of March 30, 20241.1 $34.6 3.0 $64.7 0.9 $65.8 
(1) Vested/exercised number of shares related to stock options is less than 0.1 million.
Schedule of Awards Available for Grant
A summary of awards available for grant is as follows (in millions):
Awards Available for Grant
Balance as of July 1, 20232.7 
   Authorized in connection with Cloud Light acquisition1.5 
   Replacement options in connection with Cloud Light acquisition(1.1)
Authorized3.0 
Granted(2.6)
Canceled0.6 
Balance as of March 30, 20244.1