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Income Taxes (Tables)
12 Months Ended
Jul. 01, 2017
Income Tax Disclosure [Abstract]  
Schedule of income (loss) before income taxes
The Company’s income (loss) before income taxes consisted of the following (in millions):
 
Years Ended
 
July 1, 2017
 
July 2, 2016
 
June 27, 2015
Domestic
$
94.7

 
$
(110.9
)
 
$
(173.1
)
Foreign
91.9

 
65.0

 
67.8

Income (loss) before income taxes
$
186.6

 
$
(45.9
)
 
$
(105.3
)
Schedule of the Company's income tax expense (benefit)
The Company’s income tax expense (benefit) consisted of the following (in millions):
 
Years Ended
 
July 1, 2017
 
July 2, 2016
 
June 27, 2015
Federal:
 
 
 
 
 
Current
$

 
$

 
$
0.1

Deferred
1.0

 
(26.2
)
 
2.3

 
1.0

 
(26.2
)
 
2.4

State:
 
 
 
 
 
Current
0.2

 

 
(0.1
)
Deferred

 
(1.5
)
 
0.1

 
0.2

 
(1.5
)
 

Foreign:
 
 
 
 
 
Current
18.0

 
21.3

 
17.9

Deferred
2.1

 
10.9

 
5.8

 
20.1

 
32.2

 
23.7

Total income tax expense
$
21.3

 
$
4.5

 
$
26.1

Schedule of reconciliation of the Company's income tax expense (benefit) at the federal statutory rate to the income tax expense (benefit) at the effective tax rate
A reconciliation of the Company’s income tax expense (benefit) at the federal statutory rate to the income tax expense at the effective tax rate is as follows (in millions):
 
Years Ended
 
July 1, 2017
 
July 2, 2016
 
June 27, 2015
Income tax expense (benefit) computed at federal statutory rate
$
65.3

 
$
(16.1
)
 
$
(36.8
)
Goodwill impairment

 
19.4

 

Intraperiod allocation

 
(20.7
)
 

Foreign rate differential
(6.6
)
 
(2.0
)
 
(2.3
)
Valuation allowance
(27.4
)
 
18.2

 
56.7

Research and experimentation benefits and other tax credits
(1.4
)
 
(1.1
)
 
(0.9
)
Reversal of previously accrued taxes
(0.2
)
 

 
(0.8
)
Permanent items
(9.1
)
 
6.7

 
8.0

Other
0.7

 
0.1

 
2.2

Income tax expense
$
21.3

 
$
4.5

 
$
26.1

Schedule of the Company's net deferred taxes
The components of the Company’s net deferred taxes consisted of the following (in millions):
 
Years Ended
 
July 1, 2017
 
July 2, 2016
 
June 27, 2015
Gross deferred tax assets:
 
 
 
 
 
Tax credit carryforwards
$
150.6

 
$
141.0

 
$
131.4

Net operating loss carryforwards
1,875.4

 
1,846.3

 
2,226.1

Capital loss carryforwards
102.4

 
145.9

 
4.1

Inventories
5.4

 
6.1

 
6.7

Accruals and reserves
30.3

 
27.4

 
30.2

Investments
0.7

 
34.4

 
0.7

Other
51.9

 
60.3

 
55.5

Acquisition-related items
55.5

 
65.2

 
59.9

Gross deferred tax assets
2,272.2

 
2,326.6

 
2,514.6

Valuation allowance
(2,097.8
)
 
(2,174.3
)
 
(2,334.5
)
Deferred tax assets
174.4

 
152.3

 
180.1

Gross deferred tax liabilities:
 
 
 
 
 
Acquisition-related items
(6.5
)
 
(13.2
)
 
(20.9
)
Undistributed foreign earnings
(3.0
)
 

 
(4.7
)
Other
(57.3
)
 
(31.1
)
 
(44.5
)
Deferred tax liabilities
(66.8
)
 
(44.3
)
 
(70.1
)
Total net deferred tax assets
$
107.6

 
$
108.0

 
$
110.0

Summary of activity of deferred tax valuation allowance
The following table provides information about the activity of our deferred tax valuation allowance (in millions):
Deferred Tax Valuation Allowance
 
Balance at
Beginning
of Period
 
Additions Charged
to Expenses or
Other Accounts(1)
 
Deductions Credited to Expenses or Other Accounts(2)
 
Balance at
End of
Period
Year Ended July 1, 2017
 
$
2,174.3

 
$
44.7

 
$
(121.2
)
 
$
2,097.8

Year Ended July 2, 2016
 
$
2,334.5

 
$
227.5

 
$
(387.7
)
 
$
2,174.3

Year Ended June 27, 2015
 
$
2,321.8

 
$
39.5

 
$
(26.8
)
 
$
2,334.5

(1)
Additions include current year additions charged to expenses and current year build due to increases in net deferred tax assets, return to provision true-ups, other adjustments.
(2)
Deductions include current year releases credited to expenses and current year reductions due to decreases in net deferred tax assets, return to provision true-ups, other adjustments and increases in deferred tax liabilities
Schedule of reconciliation of unrecognized tax benefits
A reconciliation of unrecognized tax benefits between June 28, 2014 and July 1, 2017 is as follows (in millions):
Balance at June 28, 2014
$
38.3

Additions based on tax positions related to current year
1.9

Reductions for lapse of statute of limitations
(3.3
)
Reductions due to foreign currency rate fluctuations
(0.1
)
Balance at June 27, 2015
36.8

Additions based on tax positions related to current year
5.1

Reductions for lapse of statute of limitations
(0.2
)
Balance at July 2, 2016
41.7

Additions based on tax positions related to current year
1.6

Additions based on tax positions related to prior year
0.9

Reduction based on tax positions related to prior year
(3.5
)
Reductions for lapse of statute of limitations
(1.8
)
Balance at July 1, 2017
$
38.9

Schedule of the tax years that remain subject to examination by the Company's major tax jurisdictions
The following table summarizes the Company’s major tax jurisdictions and the tax years that remain subject to examination by such jurisdictions as of July 1, 2017:
Tax Jurisdictions
Tax Years
United States
2014 and onward
Canada
2016 and onward
China
2012 and onward
France
2014 and onward
Germany
2014 and onward
Korea
2012 and onward
United Kingdom
2016 and onward