CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 01, 2016	Jul. 02, 2016
Current assets:
Cash and cash equivalents	$ 474.3	$ 482.9
Short-term investments	558.8	484.7
Restricted cash	11.1	12.2
Accounts receivable, net (Note 6)	165.8	148.4
Inventories, net	47.2	51.4
Prepayments and other current assets	41.5	32.1
Total current assets	1,298.7	1,211.7
Property, plant and equipment, net	137.0	133.0
Goodwill	151.7	152.1
Intangibles, net	52.2	59.9
Deferred income taxes	111.1	108.8
Other non-current assets	12.5	12.6
Total assets	1,763.2	1,678.1
Current liabilities:
Accounts payable	37.1	47.0
Accrued payroll and related expenses	43.3	44.9
Deferred revenue	69.9	78.6
Accrued expenses	33.7	24.9
Other current liabilities	59.0	31.0
Total current liabilities	243.0	226.4
Long-term debt	590.8	583.3
Other non-current liabilities	174.6	179.1
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred Stock, $0.001 par value; 1 million shares authorized; 1 share at October 1, 2016 and July 2, 2016, issued and outstanding	0.0	0.0
Common Stock, $0.001 par value; 1 billion shares authorized; 231 million shares at October 1, 2016 and 232 million shares at July 2, 2016, issued and outstanding	0.2	0.2
Additional paid-in capital	70,066.0	70,059.8
Accumulated deficit	(69,328.2)	(69,380.7)
Accumulated other comprehensive income	16.8	10.0
Total stockholders’ equity	754.8	689.3
Total liabilities and stockholders’ equity	$ 1,763.2	$ 1,678.1

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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- 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.