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SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Jun. 29, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(in millions)
Balance at beginning of period Increase (decrease) in Consolidated Statements of Operations Write-offs and other adjustments Balance at end of period
Allowance for credit losses:
Fiscal year ended June 29, 2024$— $0.2 $— $0.2 
Fiscal year ended July 1, 2023$— $— $— $— 
Fiscal year ended July 2, 2022$0.4 $(0.1)$(0.3)$— 
(in millions)
Balance at beginning of period
Additions charged to costs/expenses (1)
Deductions credited to costs/expenses (2)
Balance at end of period
Deferred tax valuation allowance:
Fiscal year ended June 29, 2024$303.4 $205.4 $(18.4)$490.4 
Fiscal year ended July 1, 2023$263.1 $42.7 $(2.4)$303.4 
Fiscal year ended July 2, 2022$269.5 $5.7 $(12.1)$263.1 
(1) Additions include current year additions charged to expenses and current year build due to increases in net deferred tax assets, return to provision true-ups, other adjustments to deferred taxes.
(2) Net deductions include current year releases credited to expenses and current year reductions due to decreases in net deferred tax assets, return to provision true-ups, other adjustments to deferred taxes.