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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Dec. 30, 2023
Dec. 31, 2022
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES    
Net income (loss) $ 517.3 $ 525.2
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 85.8 88.6
Provision for bad debt 2.2 2.8
Share-based compensation 42.2 34.8
Deferred income taxes 79.5 32.1
Changes to lease related balances, net (23.5) (16.5)
Other non-cash charges, net 20.6 (23.1)
Changes in operating assets and liabilities:    
Trade accounts receivable (48.0) (19.5)
Inventories 103.8 11.5
Accounts payable 56.3 (60.2)
Accrued liabilities 87.0 (60.6)
Other liabilities (29.8) (7.6)
Other assets 8.4 (45.1)
Net cash provided by (used in) operating activities 901.8 462.4
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES    
Purchases of investments (611.3) (4.3)
Proceeds from maturities and sales of investments 0.0 151.8
Purchases of property and equipment (43.7) (108.8)
Settlement of net investment hedge 0.0 41.9
Net cash provided by (used in) investing activities (655.0) 80.6
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES    
Payment of dividends (160.4) (144.2)
Repurchase of common stock 0.0 (300.0)
Proceeds from issuance of debt, net of discount 6,089.5 0.0
Payment of debt issuance costs (78.2) 0.0
Proceeds from share-based awards 3.3 13.8
Repayment of debt (12.5) (18.8)
Taxes paid to net settle share-based awards (31.9) (55.0)
Payments of finance lease liabilities (0.6) (0.5)
Net cash provided by (used in) financing activities 5,809.2 (504.7)
Effect of exchange rate changes on cash and cash equivalents 51.0 2.1
Net (decrease) increase in cash and cash equivalents 6,107.0 40.4
Cash and cash equivalents at beginning of period 726.1 789.8
Cash and cash equivalents at end of period 6,833.1 830.2
Supplemental information:    
Cash paid for income taxes, net 93.0 138.3
Cash paid for interest 45.8 38.9
Non-cash investing activity - property and equipment obligations $ 19.0 $ 6.8