CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 01, 2017	Jul. 02, 2016
Current assets:
Cash and cash equivalents	$ 1,004.4	$ 482.9
Short-term investments	432.2	484.7
Restricted cash	11.2	12.2
Accounts receivable, net	120.4	148.4
Inventories, net	48.0	51.4
Prepayments and other current assets	50.8	32.1
Total current assets	1,667.0	1,211.7
Property, plant and equipment, net	136.9	133.0
Goodwill	151.6	152.1
Intangibles, net	31.1	59.9
Deferred income taxes	109.5	108.8
Other non-current assets	14.4	12.6
Total assets	2,110.5	1,678.1
Current liabilities:
Accounts payable	32.6	47.0
Accrued payroll and related expenses	43.8	44.9
Deferred revenue	60.2	78.6
Accrued expenses	30.8	24.9
Other current liabilities	61.4	31.0
Total current liabilities	228.8	226.4
Long-term debt	931.4	583.3
Other non-current liabilities	163.9	179.1
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred Stock, $0.001 par value; 1 million shares authorized; 1 share at July 1, 2017 and July 2, 2016, issued and outstanding	0.0	0.0
Common Stock, $0.001 par value; 1 billion shares authorized; 228 million shares at July 1, 2017 and 232 million shares at July 2, 2016, issued and outstanding	0.2	0.2
Additional paid-in capital	70,184.4	70,059.8
Accumulated deficit	(69,305.8)	(69,380.7)
Accumulated other comprehensive (loss) income	(92.4)	10.0
Total stockholders’ equity	786.4	689.3
Total liabilities and stockholders’ equity	$ 2,110.5	$ 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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Balance Type:	credit
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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.