v3.26.3
Balance Sheet and Other Details (Tables)
 3 Months Ended
Oct. 03, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Activity Related to Deferred Revenue and Financed Unearned Services Revenue
The following table presents the activity related to deferred revenue (in millions):
October 3, 2026
Three Months Ended
Deferred revenue:
Balance at beginning of period$142.2 
Revenue deferrals for new contracts(1)
40.1 
Revenue recognized during the period(2)
(42.8)
Balance at end of period $139.5 
(1)This amount includes the effect of foreign currency exchange rate fluctuations.
(2)Revenue recognized during the period represents releases from the balance at the beginning of the period as well as releases from the current period deferrals.
Schedule of Components of Accounts Receivable Allowance
The following table presents the activities and balances for allowance for credit losses (in millions):
June 27, 2026Charged to Costs and 
Expenses
Deductions(1)
October 3, 2026
Allowance for credit losses$2.8 $0.5 $(0.1)$3.2 
(1)Represents the effect of currency translation adjustments and write-offs of uncollectible accounts, net of recoveries.
Schedule of Components of Inventories
The following table presents the components of inventories, net (in millions):
October 3, 2026June 27, 2026
Finished goods$73.1 $65.2 
Work in process25.0 25.3 
Raw materials75.7 64.8 
Inventories, net$173.8 $155.3 
Schedule of Components of Prepayments and Other Current Assets
The following table presents the components of prepayments and other current assets (in millions):
October 3, 2026June 27, 2026
Advances to contract manufacturers$30.3 $22.0 
Prepayments26.0 26.8 
Refundable income taxes16.9 24.6 
Fair value of forward contracts1.1 1.6 
Other current assets17.0 18.2 
Prepayments and other current assets$91.3 $93.2 
Schedule of Components of Other Non-current Assets
The following table presents the components of other non-current assets (in millions):
October 3, 2026June 27, 2026
Operating right-of-use (ROU) assets$40.2 $42.6 
Long-term restricted cash5.0 5.1 
Deferred contract cost3.3 3.0 
Long-term investment (Note 7)3.0 3.0 
Deposits3.0 2.5 
Debt issuance cost - Revolving Credit Facility2.4 2.6 
Other15.6 13.0 
Other non-current assets$72.5 $71.8 
Schedule of Components of Other Current Liabilities
The following table presents the components of other current liabilities (in millions):
October 3, 2026June 27, 2026
Fair value of contingent consideration$72.9 $58.5 
Operating lease liabilities11.9 11.8 
Income tax payable9.1 7.7 
Warranty accrual (Note 18)6.7 6.6 
Acquisition related holdback and related accruals5.3 2.9 
Restructuring accrual (Note 13)3.0 6.5 
Fair value of forward contracts1.7 2.5 
Interest payable0.3 4.5 
Other11.9 14.9 
Other current liabilities$122.8 $115.9 
Schedule of Components of Other Non-current Liabilities
The following table presents components of other non-current liabilities (in millions):
October 3, 2026June 27, 2026
Pension and post-employment benefits$46.3 $47.3 
Long-term deferred revenue41.4 40.3 
Operating lease liabilities28.8 31.2 
Fair value of contingent consideration20.1 18.4 
Financing obligation13.4 13.4 
Uncertain tax position10.1 10.0 
Deferred tax liability7.7 7.0 
Asset retirement obligations4.9 4.6 
Other7.4 7.3 
Other non-current liabilities$180.1 $179.5