Note 7. Balance Sheet and Other Details

Accounts receivable reserves and allowances

The components of accounts receivable reserves and allowances were as follows (in millions):



	July 2, 2016		June 27, 2015
Allowance for doubtful accounts	$	2.2	$	2.4
Allowance for sales returns	2.5		0.7
Total accounts receivable reserves and allowances	$	4.7	$	3.1

The activities and balances for allowance for doubtful accounts are as follows (in millions):



	Balance at Beginning of Period		Charged to Costs and Expenses		Deduction (1)			Balance at End of Period
Year Ended July 2, 2016	$	2.4	$	0.3	$	(0.5	)	$	2.2
Year Ended June 27, 2015	2.9		0.3		(0.8		)	2.4
Year Ended June 28, 2014	2.3		1.2		(0.6		)	2.9

(1) Represents the effect of currency translation adjustments and write-offs of uncollectible accounts, net of recoveries.

Inventories, net

The components of Inventories, net were as follows (in millions):

Prepayments and other current assets

The components of Prepayments and other current assets were as follows (in millions):



	July 2, 2016		June 27, 2015
Prepayments	$	10.4	$	15.7
Other current assets	21.7		22.5
Prepayments and other current assets	$	32.1	$	38.2

Property, plant and equipment, net

The components of Property, plant and equipment, net were as follows (in millions):



	July 2, 2016			June 27, 2015
Land	$	14.6		$	14.7
Buildings and improvements	32.4			32.7
Machinery and equipment	218.7			200.4
Furniture, fixtures, software and office equipment	120.5			124.5
Leasehold improvements	54.3			55.6
Construction in progress	10.3			27.8
Property, plant and equipment, gross	450.8			455.7
Less: Accumulated depreciation	(317.8		)	(306.5		)
Property, plant and equipment, net	$	133.0		$	149.2

Other current liabilities

The components of Other current liabilities were as follows (in millions):

Other non-current liabilities

The components of Other non-current liabilities were as follows (in millions):



	July 2, 2016		June 27, 2015
Pension and post-employment benefits	$	103.0	$	87.2
Financing obligation	28.7		29.1
Long-term deferred revenue	22.7		23.6
Other	24.7		28.5
Other non-current liabilities	$	179.1	$	168.4

Interest and other income (expense), net

The components of Interest and other income (expense), net were as follows (in millions):



	Years Ended
	July 2, 2016			June 27, 2015			June 28, 2014
Interest income	$	5.9		4.6			$	3.6
Foreign exchange gains (losses), net	(2.6		)	(3.8		)	(4.2		)
Proceeds from Nortel (1)	—			2.2			—
Other income (expense), net	(0.8		)	0.7			(0.6		)
Interest and other income (expense), net	$	2.5		$	3.7		$	(1.2	)


(1)	In fiscal 2015, the Company received proceeds of $2.2 million from the Fair Fund established to provide compensation for losses incurred in connection with investments in Nortel Networks Corporation (“Nortel”) securities from the SEC’s claims against Nortel.