CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 30, 2024	Jul. 01, 2023
Current assets:
Cash and cash equivalents	$ 425.0	$ 859.0
Short-term investments	445.9	1,154.6
Accounts receivable, net	229.8	246.1
Inventories	420.7	408.6
Prepayments and other current assets	128.6	109.6
Total current assets	1,650.0	2,777.9
Property, plant and equipment, net	578.7	489.5
Operating lease right-of-use assets, net	76.7	77.3
Goodwill	1,055.9	695.1
Other intangible assets, net	688.5	459.2
Deferred tax asset	139.2	116.3
Other non-current assets	15.5	16.8
Total assets	4,204.5	4,632.1
Current liabilities:
Accounts payable	133.4	169.4
Accrued payroll and related expenses	40.4	39.4
Accrued expenses	61.7	51.2
Convertible notes, current	0.0	311.6
Operating lease liabilities, current	13.8	14.4
Other current liabilities	68.3	47.8
Total current liabilities	317.6	633.8
Convertible notes, non-current	2,502.4	2,500.0
Operating lease liabilities, non-current	47.3	47.7
Deferred tax liability	61.7	3.4
Other non-current liabilities	98.8	91.4
Total liabilities	3,027.8	3,276.3
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares, 67.6 and 66.4 shares issued and outstanding as of March 30, 2024 and July 1, 2023, respectively	0.1	0.1
Additional paid-in capital	1,802.4	1,692.2
Accumulated deficit	(634.6)	(340.6)
Accumulated other comprehensive income	8.8	4.1
Total stockholders’ equity	1,176.7	1,355.8
Total liabilities and stockholders’ equity	$ 4,204.5	$ 4,632.1