Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 25, 2016	Jun. 27, 2015
Current Assets:
Cash and cash equivalents	$ 352.2	$ 399.9
Accounts receivable, net of allowances of $3.7 and $2.9 at June 2016 and 2015, respectively	252.6	324.6
Inventories	146.4	140.2
Prepaid expenses and other current assets	28.9	51.3
Total current assets	780.1	916.0
Property and equipment, net	112.7	123.4
Goodwill	206.8	206.8
Acquired intangibles, net	160.3	235.4
Non-current other assets	40.3	37.8
Total assets	1,300.2	1,519.4
Current Liabilities:
Accounts payable	172.8	188.5
Accrued compensation	39.9	35.9
Income taxes payable	11.5	34.7
Acquisition-related liabilities	25.5	102.2
Other accrued liabilities	82.3	74.1
Current portion of long-term debt	18.8	11.3
Total current liabilities	350.8	446.7
Long-term debt, net of issuance costs	216.7	231.1
Acquisition-related liabilities	6.2
Deferred tax liabilities	9.0	33.9
Other long-term liabilities	12.5	14.6
Total liabilities	595.2	726.3
Commitments and contingencies
Stockholders' Equity:
Preferred stock: $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock: $0.001 par value; 120,000,000 shares authorized, 59,532,148 and 58,249,107 shares issued, and 35,212,141 and 37,529,608 shares outstanding, at June 2016 and 2015, respectively	0.1	0.1
Additional paid-in capital	928.6	843.8
Treasury stock: 24,320,007 and 20,719,499 common shares at June 2016 and 2015, respectively, at cost	(892.3)	(651.7)
Accumulated other comprehensive income	3.3	7.8
Retained earnings	665.3	593.1
Total stockholders' equity	705.0	793.1
Liabilities and stockholders' equity	$ 1,300.2	$ 1,519.4

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.