v3.26.1
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
12 Months Ended
Jun. 27, 2026
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income (loss), as of the dates indicated, are as follows:
Unrealized Gains (Losses) on Cash Flow Hedging Derivatives(1)
Unrealized Gains (Losses) on Available-for-Sale Investments
Cumulative Translation Adjustment(2)
Other(3)
Total
(millions)
Balances at June 29, 2024
$57.1 $(0.2)$(202.8)$— $(145.9)
Other comprehensive income (loss) before reclassifications(17.6)2.8 (41.5)— (56.3)
Less: amounts reclassified from accumulated other comprehensive income to earnings39.6 2.6 16.8 — 59.0 
Net current-period other comprehensive income (loss)(57.2)0.2 (58.3)— (115.3)
Balances at June 28, 2025
$(0.1)$— $(261.1)$— $(261.2)
Other comprehensive income (loss) before reclassifications37.8  39.9 (0.1)77.6 
Less: amounts reclassified from accumulated other comprehensive income to earnings20.0  15.0  35.0 
Net current-period other comprehensive income (loss)17.8  24.9 (0.1)42.6 
Balances at June 27, 2026
$17.7 $ $(236.2)$(0.1)$(218.6)
(1)    The ending balances of AOCI related to cash flow hedges are net of tax of $(2.0) million and $0.7 million as of June 27, 2026 and June 28, 2025, respectively. The amounts reclassified from AOCI are net of tax of $(1.1) million and $(1.9) million as of June 27, 2026 and June 28, 2025, respectively.
(2)    The ending balances of AOCI related to the fair values of instruments designated as hedges of the Company's net investment in certain foreign operations as included in foreign currency translation adjustments are a loss of $61.2 million, net of tax of $5.0 million as of June 27, 2026. The ending balance as of June 28, 2025 is a loss of $114.4 million, net of tax of $28.0 million.
(3)    The ending balance of AOCI relates to excluded components of derivative instruments designated as fair value hedges. The ending balance as of June 27, 2026 is a loss of $0.1 million, net of tax of $0.0 million.