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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 03, 2020
Jun. 27, 2020
Current assets:    
Cash and cash equivalents $ 590.8 $ 539.0
Short-term investments 1.5 1.5
Restricted cash 3.2 3.5
Accounts receivable, net 220.1 235.5
Inventories, net 87.3 83.3
Prepayments and other current assets 58.7 50.8
Total current assets 961.6 913.6
Property, plant and equipment, net 175.4 172.5
Goodwill, net 387.9 381.4
Intangibles, net 134.4 148.1
Deferred income taxes 110.2 105.4
Other non-current assets 54.9 55.3
Total assets 1,824.4 1,776.3
Current liabilities:    
Accounts payable 45.2 53.0
Accrued payroll and related expenses 51.2 51.4
Deferred revenue 60.1 54.6
Accrued expenses 21.4 22.6
Current portion of long-term debt 0.0 2.8
Other current liabilities 49.6 48.4
Total current liabilities 227.5 232.8
Long-term debt 606.6 600.9
Other non-current liabilities 236.5 231.2
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Common stock, $0.001 par value; 1 billion shares authorized; 229 million shares at October 3, 2020 and 229 million shares at June 27, 2020, issued and outstanding 0.2 0.2
Additional paid-in capital 70,280.7 70,274.3
Accumulated deficit (69,389.6) (69,397.2)
Accumulated other comprehensive loss (137.5) (165.9)
Total stockholders’ equity 753.8 711.4
Total liabilities and stockholders’ equity $ 1,824.4 $ 1,776.3