Cash, Cash Equivalents and Short-Term Investments (Tables)

6 Months Ended

Dec. 24, 2022

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

Schedule of cash, cash equivalents and short-term investments

The following table summarizes our cash, cash equivalents and short-term investments by category at December 2022 and June 2022 (in millions):


		December 2022
		Amortized Cost				Gross unrealized gain (loss)				Fair Value
Cash		$	321.4			$	-			$	321.4
Cash equivalents:
Money market funds			440.0				-				440.0
Certificates of deposit			57.4				-				57.4
Total cash and cash equivalents		$	818.8			$	-			$	818.8
Short-term investments:
Certificates of deposit		$	1.1			$	-			$	1.1
Corporate debt securities			35.8				(1.6	)			34.2
Municipal bonds			4.9				(0.1	)			4.8
Total short-term investments		$	41.8			$	(1.7	)		$	40.1


		June 2022
		Amortized Cost				Gross unrealized gain (loss)				Fair Value
Cash		$	811.9			$	-			$	811.9
Cash equivalents:
Money market funds			12.1				-				12.1
Total cash and cash equivalents		$	824.0			$	-			$	824.0
Short-term investments:
Certificates of deposit		$	2.4			$	-			$	2.4
Corporate debt securities			43.7				(1.9	)			41.8
Municipal bonds			7.9				(0.1	)			7.8
Total short-term investments		$	54.0			$	(2.0	)		$	52.0

Schedule of classified by contractual maturity date

The following table classifies our short-term investments by contractual maturities (in millions):


		December 2022								June 2022
		Amortized Cost				Fair Value				Amortized Cost				Fair Value
Due within 1 year		$	18.5			$	18.2			$	21.0			$	20.4
Due between 1 year to 5 years			23.3				21.9				33.0				31.6
		$	41.8			$	40.1			$	54.0			$	52.0