v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 27, 2026
Jun. 28, 2025
Current assets:    
Cash and cash equivalents $ 647.8 $ 423.6
Short-term investments 2.0 1.7
Restricted cash 6.9 3.7
Accounts receivable, net 351.3 261.0
Inventories, net 155.3 117.9
Prepayments and other current assets 93.2 77.3
Total current assets 1,256.5 885.2
Property, plant and equipment, net 224.5 231.9
Goodwill, net 700.7 595.7
Intangibles, net 377.6 131.6
Deferred income taxes 74.5 87.2
Other non-current assets 71.8 62.2
Total assets 2,705.6 1,993.8
Current liabilities:    
Accounts payable 92.2 68.8
Accrued payroll and related expenses 98.4 63.6
Deferred revenue 101.9 74.1
Accrued expenses 27.3 28.7
Short-term debt 244.8 246.2
Other current liabilities 115.9 108.3
Total current liabilities 680.5 589.7
Long-term debt 397.1 396.3
Other non-current liabilities 179.5 227.6
Total liabilities 1,257.1 1,213.6
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 1 million shares authorized, no shares issued or outstanding at June 27, 2026 and June 28, 2025 0.0 0.0
Common stock, $0.001 par value; 1 billion shares authorized; 247 million shares at June 27, 2026 and 223 million shares at June 28, 2025, issued and outstanding 0.2 0.2
Additional paid-in capital 71,252.8 70,517.9
Accumulated deficit (69,688.5) (69,628.1)
Accumulated other comprehensive loss (116.0) (109.8)
Total stockholders’ equity 1,448.5 780.2
Total liabilities and stockholders’ equity $ 2,705.6 $ 1,993.8