v3.26.1
Share-Based Compensation (Tables)
 12 Months Ended
Jun. 27, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Units Activity RSU activity, including RSUs granted, delivered and forfeited in fiscal 2026, and the balance and aggregate intrinsic value of RSUs as of the end of fiscal 2026 were as follows:
RSU
Awards
Outstanding		Weighted-Average
Grant Date
Fair Value per Share
Balance as of June 20253.0$66.3 
Granted1.9$70.1 
Vested(1.8)$67.2 
Forfeited(0.3)$73.3 
Balance as of June 20262.8$67.6 
MSU activity, including MSUs granted, delivered and forfeited in fiscal 2026, and the balance and aggregate intrinsic value of MSUs as of the end of fiscal 2026 were as follows:
MSU Awards
Outstanding 		Weighted
Average
Grant Date
Fair Value per Share
Balance at June 20250.1$179.1 
Granted0.1$100.2 
Vested— $187.0 
Forfeited— $162.8 
Balance at June 20260.2$122.0 
PSU activity, including PSUs granted, delivered and forfeited in fiscal 2026, and the balance and aggregate intrinsic value of PSUs as of the end of fiscal 2026 were as follows:
PSU Awards
Outstanding 		Weighted
Average
Grant Date
Fair Value per Share
Balance at June 20250.2$81.5 
Granted0.2$70.3 
Vested(0.1)$76.6 
Forfeited(0.1)$86.0 
Balance at June 20260.2$70.3 
Schedule of Fair Value of Award Granted The ranges disclosed in the table also include the July 2025 MSU granted to our Chief Executive Officer.
202620252024
Expected volatility of company
50.87%-51.72%
52.40%
52.61%
Expected volatility of Index
17.5%-229.8%
14.9%-213.7%
11.5%-762.5%
Correlation coefficient
0.68-0.69
0.730.69
Expected life in years
2.87-2.95
2.872.87
Risk-free interest rate
3.70%-3.85%
3.86%
4.65%
Fair value per award
$98.54-$105.10
$71.14 - $182.80
$159.79 - $268.61
Schedule of Shares Purchased, Weighted Average Purchase Price, Cash Received, and Aggregate Intrinsic Value for ESPP
Shares purchased, weighted average purchase price, cash received and the aggregate intrinsic value for ESPP purchases were as follows:
202620252024
Shares purchased0.30.20.2
Weighted average purchase price$53.60 $58.53 $74.22 
Cash received$17.2 $13.9 $15.7 
Aggregate intrinsic value$16.1 $2.5 $4.1 
Schedule of Share-Based Compensation Recognized in our Condensed Consolidated Statements of Operations
Share-based compensation and the related tax benefit for our share-based awards recognized in the accompanying consolidated statements of operations were as follows:
202620252024
Cost of revenue$1.2 $(1.7)$4.1 
Research and development86.8 68.8 61.0 
Selling, general and administrative61.3 45.7 53.7 
Total$149.3 $112.8 $118.8 
Income tax benefit on share-based compensation$17.0 $8.4 $8.6