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Investments (Tables)
6 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments
The following table summarizes the Company’s U.S. dollar-denominated investments, recorded within the Company's Condensed Consolidated Balance Sheets as of December 31, 2022 and July 2, 2022:
December 31, 2022July 2, 2022
Short-term
Long-term(3)
TotalShort-term
Long-term(3)
Total
(millions)
Available-for-sale investments:      
Commercial paper(1)
$ $ $ $59.6 $— $59.6 
Government securities - U.S.(2)
2.5  2.5 39.4 — 39.4 
Corporate debt securities - U.S.(2)
   55.2 — 55.2 
Available-for-sale investments, total$2.5 $ $2.5 $154.2 $— $154.2 
Other:  
Time deposits(1)
$0.6 $ $0.6 $0.6 $— $0.6 
Other12.9 0.1 13.0 8.6 0.1 8.7 
Total Investments$16.0 $0.1 $16.1 $163.4 $0.1 $163.5 
(1)These securities have original maturities greater than three months and are recorded at fair value.
(2)These securities as of December 31, 2022 have maturity dates during fiscal 2023 and are recorded at fair value.
(3)Long-term investments are presented within Other assets on the Condensed Consolidated Balance Sheets.