CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 28, 2024	Jun. 29, 2024
Current assets:
Cash and cash equivalents	$ 479.7	$ 436.7
Short-term investments	417.0	450.3
Accounts receivable, net	226.9	194.7
Inventories	402.3	398.4
Prepayments and other current assets	125.5	110.0
Total current assets	1,651.4	1,590.1
Property, plant and equipment, net	663.4	572.5
Operating lease right-of-use assets, net	32.9	72.8
Goodwill	1,060.9	1,055.8
Other intangible assets, net	534.9	617.5
Deferred tax asset	11.0	10.7
Other non-current assets	11.6	12.5
Total assets	3,966.1	3,931.9
Current liabilities:
Accounts payable	184.7	126.3
Accrued payroll and related expenses	40.1	36.1
Accrued expenses	46.2	52.4
Current portion of long-term debt	9.8	0.0
Operating lease liabilities, current	11.2	13.4
Other current liabilities	54.9	41.1
Total current liabilities	346.9	269.3
Long-term debt	2,561.2	2,503.2
Operating lease liabilities, non-current	26.1	43.0
Deferred tax liability	45.4	55.7
Other non-current liabilities	114.2	103.4
Total liabilities	3,093.8	2,974.6
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares, 69.1 and 67.9 shares issued and outstanding as of December 28, 2024 and June 29, 2024, respectively	0.1	0.1
Additional paid-in capital	1,892.4	1,835.0
Accumulated deficit	(1,030.4)	(887.1)
Accumulated other comprehensive income	10.2	9.3
Total stockholders’ equity	872.3	957.3
Total liabilities and stockholders’ equity	$ 3,966.1	$ 3,931.9