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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 448.8 $ 500.5
Short-term investments 802.9 550.9
Total cash, cash equivalents and short-term investments 1,251.7 1,051.4
Accounts receivable, net 114.0 128.9
Inventories 179.1 187.4
Income taxes receivable 6.6 0.2
Prepaid expenses 26.3 23.3
Other current assets 13.8 19.7
Current assets held for sale 1.3 1.9
Total current assets 1,592.8 1,412.8
Property and equipment, net 831.1 625.2
Goodwill 530.0 530.0
Intangible assets, net 179.6 197.9
Other long-term investments 55.9 39.5
Deferred tax assets 6.3 5.6
Other assets 35.3 5.9
Total assets 3,231.0 2,816.9
Current liabilities:    
Accounts payable and accrued expenses 220.8 200.9
Accrued contract liabilities 38.3 45.8
Income taxes payable 3.2 3.0
Finance lease liabilities 3.6 0.0
Other current liabilities 25.3 18.5
Total current liabilities 291.2 268.2
Long-term liabilities:    
Convertible notes, net 783.8 469.1
Deferred tax liabilities 1.8 2.0
Finance lease liabilities - long-term 11.4 0.0
Other long-term liabilities 53.6 36.4
Total long-term liabilities 850.6 507.5
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at June 28, 2020 and June 30, 2019; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at June 28, 2020 and June 30, 2019; 109,230 and 106,570 shares issued and outstanding at June 28, 2020 and June 30, 2019, respectively 0.1 0.1
Additional paid-in-capital 3,106.2 2,874.1
Accumulated other comprehensive income 16.0 9.5
Accumulated deficit (1,039.2) (847.5)
Total shareholders’ equity 2,083.1 2,036.2
Non-controlling interest 6.1 5.0
Total equity 2,089.2 2,041.2
Total liabilities and shareholders’ equity $ 3,231.0 $ 2,816.9