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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Jun. 29, 2024
Jun. 24, 2023
Jun. 25, 2022
Cash flows from operating activities      
Net income $ 125.6 $ 73.6 $ 257.5
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation costs 118.8 122.0 100.8
Depreciation and amortization 27.6 27.4 24.0
Acquired intangibles amortization 81.6 130.4 123.5
Deferred taxes (288.8) (25.9) (29.7)
Intangible asset impairment charge 16.0 0.0 0.0
Other 25.0 27.4 5.5
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable, net 22.4 161.3 (81.1)
Inventories, net 6.5 24.6 (54.2)
Prepaid expenses and other current assets 7.2 (6.1) 6.9
Other assets (21.5) 9.4 15.0
Accounts payable 38.9 (95.6) 23.2
Accrued compensation (18.1) (45.4) 5.3
Income taxes payable (19.1) (15.6) 48.6
Other accrued liabilities 13.8 (56.0) 17.4
Net cash provided by operating activities 135.9 331.5 462.7
Cash flows from investing activities      
Proceeds from sale of assets 0.0   55.9
Acquisition of business, net of cash and cash equivalents acquired 0.0 (15.5) (501.1)
Advance payment on intangible assets (120.3) 0.0 (30.0)
Proceeds from maturity of investments 26.5 21.4 0.0
Proceeds from sales of investments 0.0 22.2 24.4
Purchases of short-term investments (16.6) 0.0 (5.8)
Purchases of property and equipment (33.8) (34.2) (31.1)
Purchase of intangible assets (13.5)   0.0
Proceeds from sale of equity method investment 0.0 0.0 5.0
Other 0.0 0.1 0.0
Net cash used in investing activities (157.7) (6.0) (482.7)
Cash flows from financing activities      
Proceeds from issuance of debt 0.0 0.0 600.0
Payment of debt issuance costs 0.0 0.0 (11.2)
Proceeds from issuance of shares 15.9 17.6 15.2
Payroll taxes related to net share settlement of share-based awards (36.9) (54.5) (67.3)
Repurchases of common stock 0.0 (183.5) 0.0
Repayment of debt (7.5) (6.0) (3.0)
Payment for redemption of convertible notes 0.0 0.0 (505.6)
Refundable deposit paid to vendor 0.0 0.0 (16.6)
Other 3.4 5.1 2.8
Net cash (used in)/provided by financing activities (25.1) (221.3) 14.3
Effect of exchange rate changes on cash and cash equivalents (0.9) (3.5) (6.6)
Net (decrease)/increase in cash and cash equivalents (47.8) 100.7 (12.3)
Cash and cash equivalents, beginning of period 924.7 824.0 836.3
Cash and cash equivalents, end of period 876.9 924.7 824.0
Supplemental disclosures of cash flow information      
Cash paid for taxes, net of refunds 55.2 91.4 38.3
Cash paid for interest 63.4 51.9 25.0
Supplemental disclosures of non-cash transactions      
Purchases of property and equipment in current liabilities 4.3 2.2 3.6
Receipt of intangible assets from advance payments $ 74.0 $ 30.0 $ 0.0