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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2017
Jul. 01, 2017
Current assets:    
Cash and cash equivalents $ 792.7 $ 1,004.4
Short-term investments 430.9 432.2
Restricted cash 7.5 11.2
Accounts receivable, net 121.2 120.4
Inventories, net 68.9 48.0
Prepayments and other current assets 47.9 50.8
Total current assets 1,469.1 1,667.0
Property, plant and equipment, net 140.2 136.9
Goodwill 169.4 151.6
Intangibles, net 50.8 31.1
Deferred income taxes 113.7 109.5
Other non-current assets 14.7 14.4
Total assets 1,957.9 2,110.5
Current liabilities:    
Accounts payable 40.5 32.6
Accrued payroll and related expenses 45.7 43.8
Deferred revenue 54.3 60.2
Accrued expenses 29.1 30.8
Current portion of long-term debt 443.3 0.0
Other current liabilities 54.1 61.4
Total current liabilities 667.0 228.8
Long-term debt, net of current portion 358.8 931.4
Other non-current liabilities 165.8 163.9
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred Stock, $0.001 par value; 1 million shares authorized; 1 share at September 30, 2017 and July 1, 2017, issued and outstanding 0.0 0.0
Common Stock, $0.001 par value; 1 billion shares authorized; 228 million shares at September 30, 2017 and 228 million shares at July 1, 2017, issued and outstanding 0.2 0.2
Additional paid-in capital 70,168.4 70,184.4
Accumulated deficit (69,320.5) (69,305.8)
Accumulated other comprehensive loss (81.8) (92.4)
Total stockholders’ equity 766.3 786.4
Total liabilities and stockholders’ equity $ 1,957.9 $ 2,110.5