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Revenue (Tables)

12 Months Ended

Jun. 29, 2019

Revenue from Contract with Customer [Abstract]

Summary of Activity Related to Deferred Revenue and Financed Unearned Services Revenue

The following tables summarize the activity related to deferred revenue, for the year ended June 29, 2019 (in millions):



	June 29, 2019
Deferred revenue:
Balance at beginning of period	$	71.9
Revenue deferrals for new contracts ⁽¹⁾	104.2
Revenue recognized during the period ⁽²⁾	(107.6		)
Balance at end of period	$	68.5

Short-term deferred revenue	$	55.3
Long-term deferred revenue	$	13.2


(1)	Included in these amounts is the impact from foreign currency exchange rate fluctuations.

(2)

Revenue recognized during the period represents releases from the balance at the beginning of the period as well as releases from the following period quarter-end deferrals.