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Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value
The Company’s assets and liabilities measured at fair value for the periods presented are as follows (in millions):
December 31, 2022July 2, 2022
TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
Assets:      
Cash and cash equivalents: Money market funds (1)
$240.5 $240.5 $— $— $313.2 $313.2 $— $— 
Short-term investments: Trading securities
1.4 1.4 — — 1.4 1.4 — — 
Other current assets: Foreign currency forward contracts 8.4 — 8.4 — 3.8 — 3.8 — 
Other non-current assets: debt available-for-sale securities asset-backed securities0.6 — 0.6 — 0.6 — 0.6 — 
Total assets $250.9 $241.9 $9.0 $— $319.0 $314.6 $4.4 $— 
Liability:
Current liabilities: Foreign currency forward contracts $2.4 $— $2.4 $— $8.4 $— $8.4 $— 
Contingent consideration (2)
33.2 — — 33.2 2.5 — — 2.5 
Total liabilities$35.6 $— $2.4 $33.2 $10.9 $— $8.4 $2.5 
(1)Includes, as of December 31, 2022, $228.6 million in cash and cash equivalents, $4.1 million in restricted cash, and $7.8 million in other non-current assets on the Company’s Consolidated Balance Sheets. Includes, as of July 2, 2022, $301.5 million in cash and cash equivalents, $3.1 million in restricted cash, and $8.6 million in other non-current assets on the Company’s Consolidated Balance Sheets.
(2)         Includes certain amounts in other current liabilities and other non-current liabilities on the Company’s Consolidated Balance Sheets.
Schedule of Long-term Debt Instruments The Company’s debt measured at fair value for the periods presented are as follows:
December 31, 2022July 2, 2022
TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
Debt:
3.75% Senior Notes
$336.0 $— $336.0 $— $337.5 $— $337.5 $— 
1.00% Senior Convertible Notes
227.1 — 227.1 — 250.7 — 250.7 — 
1.75% Senior Convertible Notes
67.6 — 67.6 — 73.4 — 73.4 — 
Total liabilities$630.7 $— $630.7 $— $661.6 $— $661.6 $—