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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Jul. 02, 2022
Current assets:    
Cash and cash equivalents $ 484.1 $ 559.9
Short-term investments 1.4 1.4
Restricted cash 4.2 3.6
Accounts receivable, net 223.7 260.9
Inventories, net 120.3 110.1
Prepayments and other current assets 78.2 69.2
Total current assets 911.9 1,005.1
Property, plant and equipment, net 244.8 228.9
Goodwill, net 449.2 387.6
Intangibles, net 72.4 54.2
Deferred income taxes 88.1 86.3
Other non-current assets 61.6 65.8
Total assets 1,828.0 1,827.9
Current liabilities:    
Accounts payable 50.2 58.3
Accrued payroll and related expenses 54.4 76.0
Deferred revenue 74.7 81.0
Accrued expenses 29.3 29.3
Short-term debt (Note11) 68.0 68.4
Other current liabilities 52.1 56.3
Total current liabilities 328.7 369.3
Long-term debt 617.2 616.5
Other non-current liabilities 194.3 170.4
Stockholders’ equity:    
Preferred stock, $0.001 par value; 1 million shares authorized, no shares issued or outstanding at December 31, 2022 and July 2, 2022 0.0 0.0
Common stock, $0.001 par value; 1 billion shares authorized; 225 million shares at December 31, 2022 and 226 million shares at July 2, 2022, issued and outstanding 0.2 0.2
Additional paid-in capital 70,388.8 70,370.2
Accumulated deficit (69,545.2) (69,542.3)
Accumulated other comprehensive loss (156.0) (156.4)
Total stockholders’ equity 687.8 671.7
Total liabilities and stockholders’ equity $ 1,828.0 $ 1,827.9