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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 24, 2022
Jun. 25, 2022
Current Assets:    
Cash and cash equivalents $ 867.8 $ 824.0
Short-term investments 44.0 52.0
Accounts receivable, net of allowances of $6.2 and $6.0 at September 2022 and June 2022, respectively 284.1 322.1
Inventories, net 179.4 169.7
Prepaid expenses and other current assets 36.5 35.6
Total current assets 1,411.8 1,403.4
Property and equipment at cost, net of accumulated depreciation of $127.7 and $122.8 at September 2022 and June 2022, respectively 63.4 62.9
Goodwill 806.6 806.6
Acquired intangibles, net 357.0 390.0
Right-of-use assets 58.0 61.2
Non-current other assets 128.0 134.0
Total assets 2,824.8 2,858.1
Current Liabilities:    
Accounts payable 125.0 141.8
Accrued compensation 51.9 90.6
Income taxes payable 54.2 79.7
Other accrued liabilities 128.2 145.3
Current portion of long-term debt 6.0 6.0
Total current liabilities 365.3 463.4
Long-term debt 974.8 975.7
Other long-term liabilities 159.6 152.6
Total liabilities 1,499.7 1,591.7
Stockholders' Equity:    
$0.001 par value; 120,000,000 shares authorized, 68,229,513 and 67,745,800 shares issued, and 39,985,261 and 39,621,179 shares outstanding, at September 2022 and June 2022, respectively 0.1 0.1
Additional paid-in capital 931.7 924.1
Treasury stock: 28,244,252 and 28,124,621 common shares at September 2022 and June 2022, respectively, at cost (707.9) (694.5)
Accumulated other comprehensive income (1.9) (1.8)
Retained earnings 1,103.1 1,038.5
Total stockholders' equity 1,325.1 1,266.4
Liabilities and stockholders' equity $ 2,824.8 $ 2,858.1