CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 27, 2025	Jun. 28, 2025
Current assets:
Cash and cash equivalents	$ 772.9	$ 520.7
Short-term investments	348.9	356.4
Accounts receivable, net	307.0	250.0
Inventories	531.6	470.1
Prepayments and other current assets	125.2	120.1
Total current assets	2,085.6	1,717.3
Property, plant and equipment, net	794.8	726.4
Operating lease right-of-use assets, net	30.5	27.9
Goodwill	1,060.9	1,060.9
Other intangible assets, net	430.7	465.1
Deferred tax asset	204.6	210.3
Other non-current assets	6.0	10.8
Total assets	4,613.1	4,218.7
Current liabilities:
Accounts payable	278.6	225.2
Accrued payroll and related expenses	69.3	57.9
Accrued expenses	45.5	34.6
Current portion of long-term debt	1,079.0	10.6
Operating lease liabilities, current	12.2	11.4
Other current liabilities	41.6	53.1
Total current liabilities	1,526.2	392.8
Long-term debt	2,164.5	2,562.6
Operating lease liabilities, non-current	24.5	23.6
Deferred tax liability	6.0	7.2
Other non-current liabilities	111.1	97.8
Total liabilities	3,832.3	3,084.0
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares, 70.9 and 69.8 shares issued and outstanding as of September 27, 2025 and June 28, 2025, respectively	0.1	0.1
Additional paid-in capital	1,628.6	1,986.8
Accumulated deficit	(857.0)	(861.2)
Accumulated other comprehensive income	9.1	9.0
Total stockholders’ equity	780.8	1,134.7
Total liabilities and stockholders’ equity	$ 4,613.1	$ 4,218.7