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Accumulated Other Comprehensive (Loss) Income (Tables)
9 Months Ended
Apr. 01, 2017
Equity [Abstract]  
Schedule of components of Accumulated other comprehensive income
For the nine months ended April 1, 2017 the changes in accumulated other comprehensive (loss) income by component net of tax were as follows (in millions):
 
Unrealized gains (losses) on available-for sale investments (1)
 
Foreign 
currency translation adjustments
 
Change in unrealized components of defined benefit obligations, net of tax (2)
 
Total
Beginning balance as of July 2, 2016
$
104.5

 
$
(70.1
)
 
$
(24.4
)
 
$
10.0

Other comprehensive income (loss) before reclassification
93.0

 
(13.1
)
 

 
79.9

Amounts reclassified from accumulated other comprehensive income
(185.4
)
 

 
1.4

 
(184.0
)
Net current-period other comprehensive (loss) income
(92.4
)
 
(13.1
)
 
1.4

 
(104.1
)
Ending balance as of April 1, 2017
$
12.1

 
$
(83.2
)
 
$
(23.0
)
 
$
(94.1
)

(1) Activity before reclassifications to the Consolidated Statements of Operations during the nine months ended April 1, 2017 relates to the unrealized gain on the marketable equity securities of Lumentum held by Viavi. The amount reclassified out of accumulated other comprehensive (loss) income relates to the realized gain from the sale of the marketable equity securities of Lumentum. There was no tax impact for the nine months ended April 1, 2017.

(2) The amount reclassified out of accumulated other comprehensive income represents the amortization of actuarial losses included as a component of cost of revenues, research and development (“R&D”) and selling, general and administrative expense (“SG&A”) in the Consolidated Statement of Operations for the nine months ended April 1, 2017. There was no tax impact for the nine months ended April 1, 2017. Refer to “Note 15. Employee Pension and Other Benefit Plans” for more details on the computation of net periodic cost for pension plans.