v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 03, 2026
Jun. 27, 2026
Current assets:    
Cash and cash equivalents $ 526.7 $ 647.8
Short-term investments 2.1 2.0
Restricted cash 6.5 6.9
Accounts receivable, net 335.0 351.3
Inventories, net 173.8 155.3
Prepayments and other current assets 91.3 93.2
Total current assets 1,135.4 1,256.5
Property, plant and equipment, net 231.1 224.5
Goodwill, net 705.3 700.7
Intangibles, net 371.0 377.6
Deferred income taxes 73.7 74.5
Other non-current assets 72.5 71.8
Total assets 2,589.0 2,705.6
Current liabilities:    
Accounts payable 106.3 92.2
Accrued payroll and related expenses 89.7 98.4
Deferred revenue 98.1 101.9
Accrued expenses 25.2 27.3
Short-term debt 245.1 244.8
Other current liabilities 122.8 115.9
Total current liabilities 687.2 680.5
Long-term debt 397.4 397.1
Other non-current liabilities 180.1 179.5
Total liabilities 1,264.7 1,257.1
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 1 million shares authorized, no shares issued or outstanding at October 3, 2026 and June 27, 2026 0.0 0.0
Common stock, $0.001 par value; 1 billion shares authorized; 246 million shares at October 3, 2026 and 247 million shares at June 27, 2026, issued and outstanding 0.2 0.2
Additional paid-in capital 71,204.8 71,252.8
Accumulated deficit (69,762.5) (69,688.5)
Accumulated other comprehensive loss (118.2) (116.0)
Total stockholders’ equity 1,324.3 1,448.5
Total liabilities and stockholders’ equity $ 2,589.0 $ 2,705.6