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Balance Sheet and Other Details (Tables)

12 Months Ended

Jun. 29, 2019

Activities and Balances for Allowance for Doubtful Accounts

The table below presents the activities and balances for allowance for doubtful accounts, as follows (in millions):



	Balance at Beginning of Period		Acquisitions (1)		Charged to Costs and Expenses			Deduction (2)			Balance at End of Period
Year Ended June 29, 2019	$	2.4	$	—	$	1.4		$	(1.8	)	$	2.0
Year Ended June 30, 2018	1.6		0.7		(0.4		)	0.5			2.4
Year Ended July 1, 2017	2.2		—		(0.2		)	(0.4		)	1.6


(1)	See “Note 6. Acquisitions” of the Notes to Consolidated Financial Statements for detail of acquisition.

(2)

Represents the effect of currency translation adjustments and write-offs of uncollectible accounts, net of recoveries.

Schedule of Components of Inventories

The following table presents the components of inventories, net, as follows (in millions):



	June 29, 2019		June 30, 2018
Finished goods	$	36.7	$	31.7
Work in process	26.5		24.4
Raw materials	39.5		36.2
Inventories, net	$	102.7	$	92.3

Schedule of Components of Prepayments and Other Current Assets

The following table presents the components of prepayments and other current assets, as follows (in millions):



	June 29, 2019		June 30, 2018
Prepayments	$	14.2	$	11.0
Assets held for sale	2.5		3.0
Advances to contract manufacturers	5.1		5.9
Refundable income taxes	8.9		10.8
Transaction tax receivables	11.8		10.3
Other current assets	11.3		15.3
Prepayments and other current assets	$	53.8	$	56.3

Schedule of Components of Property, Plant and Equipment

The following table presents the components of property, plant and equipment, net, as follows (in millions):



	June 29, 2019			June 30, 2018
Land	$	20.8		$	20.6
Buildings and improvements	36.9			37.2
Machinery and equipment	280.0			254.7
Furniture, fixtures, software and office equipment	103.5			108.9
Leasehold improvements	56.8			55.9
Construction in progress	31.1			21.8
Property, plant and equipment, gross	529.1			499.1
Less: Accumulated depreciation and amortization	(349.2		)	(328.6		)
Property, plant and equipment, net	$	179.9		$	170.5

Schedule of Components of Other Current Liabilities

The following table presents the components of other current liabilities, as follows (in millions):



	June 29, 2019		June 30, 2018
Customer prepayments	$	30.2	$	37.9
Restructuring accrual	8.6		7.4
Income tax payable	8.5		5.9
Warranty accrual	4.7		4.7
VAT liabilities	2.5		1.7
Foreign exchange forward contracts liability	4.0		11.7
Other	13.9		9.6
Other current liabilities	$	72.4	$	78.9

Schedule of Components of Other Non-current Liabilities

The following table presents the components of other non-current liabilities, as follows (in millions):



	June 29, 2019		June 30, 2018
Pension and post-employment benefits	$	103.2	$	100.0
Deferred tax liability	14.6		20.5
Financing obligation	25.5		26.8
Fair value of contingent consideration ⁽¹⁾	37.7		—
Long-term deferred revenue	13.2		11.3
Uncertain tax position	13.6		5.1
Other	18.7		17.1
Other non-current liabilities	$	226.5	$	180.8

(1)

See “Note 6. Acquisitions” and “Note 8. Investments, Forward Contracts and Fair Value Measurements” of the Notes to the Company’s Consolidated Financial Statements for more detail.

Schedule of Components of Interest and Other Income (Expense), Net

The following table presents the components of interest income and other income, net, as follows (in millions):



	Years Ended
	June 29, 2019			June 30, 2018			July 1, 2017
Interest income	$	8.1		$	16.0		$	11.1
Foreign exchange gains (loss), net	(2.9		)	(1.3		)	0.9
Loss on extinguishment of debt ⁽¹⁾	—			(5.0		)	(1.1		)
Other income, net	1.5			0.1			2.2
Interest income and other income, net	$	6.7		$	9.8		$	13.1

⁽¹⁾

In connection with the debt extinguishment, a loss of $5.0 million and $1.1 million was recognized in fiscal 2018 and 2017, respectively. Refer to “Note 11. Debt” for more information.