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Balance Sheet and Other Details (Tables)
 6 Months Ended
Dec. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Activity Related to Deferred Revenue and Financed Unearned Services Revenue
The following table presents the activity related to deferred revenue (in millions):
December 28, 2024
Three Months EndedSix Months Ended
Deferred revenue:
Balance at beginning of period$88.8 $91.4 
Revenue deferrals for new contracts (1)
25.2 50.1 
Revenue recognized during the period (2)
(30.3)(57.8)
Balance at end of period $83.7 $83.7 
(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 current period deferrals.
Schedule of Components of Accounts Receivable Allowance
The following table presents the activities and balances for allowance for credit losses (in millions):
June 29, 2024Charged to Costs and Expenses
Deductions (1)
December 28, 2024
Allowance for credit losses$1.6 $0.7 $(0.5)$1.8 
(1)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 (in millions):
December 28, 2024June 29, 2024
Finished goods$45.8 $44.6 
Work in process15.2 15.4 
Raw materials31.8 36.5 
Inventories, net$92.8 $96.5 
Schedule of Components of Prepayments and Other Current Assets
The following table presents the components of prepayments and other current assets (in millions):
December 28, 2024June 29, 2024
Refundable income taxes$22.0 $28.5 
Prepayments16.7 18.5 
Advances to contract manufacturers4.8 5.7 
Fair value of forward contracts3.1 1.7 
Transaction tax receivables2.2 3.3 
Asset held for sale— 2.5 
Other current assets13.5 10.5 
Prepayments and other current assets$62.3 $70.7 
Schedule of Components of Other Non-current Assets
The following table presents the components of other non-current assets (in millions):
December 28, 2024June 29, 2024
Operating right-of-use (ROU) assets$32.7 $35.8 
Long-term restricted cash5.0 5.5 
Long-term investment (Note 7)3.0 — 
Deposits2.4 2.4 
Deferred contract cost2.3 2.5 
Debt issuance cost - Revolving Credit Facility1.6 1.9 
Other non-current assets11.0 9.9 
Other non-current assets$58.0 $58.0 
Schedule of Components of Other Current Liabilities
The following table presents the components of other current liabilities (in millions):
December 28, 2024June 29, 2024
Operating lease liabilities$9.4 $9.8 
Fair value of forward contracts7.8 1.5 
Income tax payable6.1 5.3 
Restructuring accrual5.7 14.1 
Interest payable5.1 5.1 
Warranty accrual4.2 3.4 
Transaction tax payable3.3 4.0 
Other current liabilities7.8 14.3 
Other current liabilities$49.4 $57.5 
Schedule of Components of Other Non-current Liabilities
The following table presents components of other non-current liabilities (in millions):
December 28, 2024June 29, 2024
Pension and post-employment benefits$50.3 $51.2 
Long-term deferred revenue26.0 25.7 
Operating lease liabilities23.3 25.7 
Uncertain tax position17.5 17.0 
Financing obligation15.6 15.7 
Deferred tax liability7.4 11.7 
Asset retirement obligations3.1 3.0 
Warranty accrual2.6 4.0 
Fair value of contingent consideration (Note 5)2.1 9.5 
Restructuring accrual— 0.8 
Other non-current liabilities7.1 7.3 
Other non-current liabilities$155.0 $171.6