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INVESTMENTS (Tables)
6 Months Ended
Dec. 30, 2023
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 30, 2023 and July 1, 2023:
December 30, 2023July 1, 2023
Short-term
Long-term(3)
TotalShort-term
Long-term(3)
Total
(millions)
Available-for-sale investments:      
Commercial paper(1)
$459.8 $ $459.8 $— $— $— 
Government securities - U.S.(2)
56.2  56.2 — — — 
Corporate debt securities - U.S.(2)
94.7  94.7 — — — 
Available-for-sale investments, total$610.7 $ $610.7 $— $— $— 
Other:  
Time deposits(1)
$0.6 $ $0.6 $0.6 $— $0.6 
Other17.9 1.3 19.2 14.8 1.3 16.1 
Total Investments$629.2 $1.3 $630.5 $15.4 $1.3 $16.7 
(1)These securities have original maturities greater than three months and are recorded at fair value.
(2)These securities, as of period end, have maturity dates during their respective fiscal years and are recorded at fair value.
(3)Long-term investments are presented within Other assets on the Condensed Consolidated Balance Sheets.