CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 28, 2025	Jun. 29, 2024
Current assets:
Cash and cash equivalents	$ 520.7	$ 436.7
Short-term investments	356.4	450.3
Accounts receivable, net	250.0	194.7
Inventories	470.1	398.4
Prepayments and other current assets	120.1	110.0
Total current assets	1,717.3	1,590.1
Property, plant and equipment, net	726.4	572.5
Operating lease right-of-use assets, net	27.9	72.8
Goodwill	1,060.9	1,055.8
Other intangible assets, net	465.1	617.5
Deferred tax asset	210.3	10.7
Other non-current assets	10.8	12.5
Total assets	4,218.7	3,931.9
Current liabilities:
Accounts payable	225.2	126.3
Accrued payroll and related expenses	57.9	36.1
Accrued expenses	34.6	52.4
Current portion of long-term debt	10.6	0.0
Operating lease liabilities, current	11.4	13.4
Other current liabilities	53.1	41.1
Total current liabilities	392.8	269.3
Long-term debt	2,562.6	2,503.2
Operating lease liabilities, non-current	23.6	43.0
Deferred tax liability	7.2	55.7
Other non-current liabilities	97.8	103.4
Total liabilities	3,084.0	2,974.6
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares; 69.8 and 67.9 shares issued and outstanding as of June 28, 2025 and June 29, 2024, respectively	0.1	0.1
Additional paid-in capital	1,986.8	1,835.0
Accumulated deficit	(861.2)	(887.1)
Accumulated other comprehensive income	9.0	9.3
Total stockholders’ equity	1,134.7	957.3
Total liabilities and stockholders’ equity	$ 4,218.7	$ 3,931.9