v3.26.1
INVESTMENTS
12 Months Ended
Jun. 27, 2026
Investments, Debt and Equity Securities [Abstract]  
INVESTMENTS INVESTMENTS
The following table summarizes the Company’s primarily U.S. dollar-denominated investments, recorded within the Consolidated Balance Sheets as of June 27, 2026 and June 28, 2025:
June 27, 2026June 28, 2025
Short-term
Long-term(2)
TotalShort-term
Long-term(2)
Total
(millions)
Available-for-sale investments:
Commercial paper(1)
$66.2 $ $66.2 $— $— $— 
Government securities – U.S.(1)
18.2  18.2 — — — 
Corporate debt securities – U.S.(1)
65.0  65.0 — — — 
Total Available-for-sale investments$149.4 $ $149.4 $— $— $— 
Other:
Other27.9  27.9 19.6 1.4 21.0 
Total Investments$177.3 $ $177.3 $19.6 $1.4 $21.0 
(1)These securities, as of period end, have maturity dates during their respective following fiscal years and are recorded at fair value.
(2)Long-term investments are presented within Other assets on the Consolidated Balance Sheets.
The Company recognized a pre-tax gain of $0.0 million and $2.6 million on available-for-sale investments during the fiscal years ended June 27, 2026 and June 28, 2025, respectively. These gains are included within Other expense (income) on the Consolidated Statements of Operations. Additionally, the Company had no material unrealized gains or losses on available-for-sale investments as of June 27, 2026 and June 28, 2025 included within Comprehensive income (loss) on the Consolidated Statements of Comprehensive Income (Loss).