Note 8. Balance Sheet and Other Details

Accounts receivable reserves and allowances

The table below provides components of accounts receivable reserves and allowances, as follows (in millions):



	June 30, 2018		July 1, 2017
Allowance for doubtful accounts	$	2.4	$	1.6
Sales allowance	1.9		3.4
Total accounts receivable reserves and allowances	$	4.3	$	5.0

The table below presents the activities and balances for allowance for doubtful accounts, as follows (in millions):



	Balance at Beginning of Period		Acquisitions (1)		Charged to Costs and Expenses			Deduction (2)			Balance at End of Period
Year Ended June 30, 2018	$	1.6	$	0.7	$	(0.4	)	$	0.5		$	2.4
Year Ended July 1, 2017	2.2		—		(0.2		)	(0.4		)	1.6
Year Ended July 2, 2016	2.4		—		0.3			(0.5		)	2.2

(1) See “Note 7. Acquisitions” of the Notes to Consolidated Financial Statements for detail of acquisition.

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

Inventories, net

The following table presents the components of inventories, net, as follows (in millions):

Prepayments and other current assets

The following table presents the components of prepayments and other current assets, as follows (in millions):



	June 30, 2018		July 1, 2017
Prepayments	$	10.8	$	8.3
Other current assets	44.0		42.5
Prepayments and other current assets	$	54.8	$	50.8

Property, plant and equipment, net

The following table presents the components of property, plant and equipment, net, as follows (in millions):



	June 30, 2018			July 1, 2017
Land	$	20.6		$	14.5
Buildings and improvements	37.2			31.4
Machinery and equipment	254.7			225.8
Furniture, fixtures, software and office equipment	108.9			111.2
Leasehold improvements	55.9			58.1
Construction in progress	21.8			17.8
Property, plant and equipment, gross	499.1			458.8
Less: Accumulated depreciation and amortization	(328.6		)	(321.9		)
Property, plant and equipment, net	$	170.5		$	136.9

Other current liabilities

The following table presents the components of other current liabilities, as follows (in millions):



	June 30, 2018		July 1, 2017
Customer prepayments	$	37.9	$	35.2
Restructuring accrual	7.5		8.8
Income tax payable	5.9		3.3
Warranty accrual	4.7		2.9
VAT liabilities	1.7		2.2
Deferred compensation plan	1.6		2.0
Foreign exchange forward contracts liability	11.7		1.3
Other	6.0		5.7
Other current liabilities	$	77.0	$	61.4

Other non-current liabilities

The following table presents the components of other non-current liabilities, as follows (in millions):



	June 30, 2018		July 1, 2017
Pension and post-employment benefits	$	100.0	$	99.4
Deferred tax liability	20.1		1.8
Financing obligation	26.8		27.8
Long-term deferred revenue	13.7		14.0
Other	22.2		20.9
Other non-current liabilities	$	182.8	$	163.9

Interest and other income, net

The following table presents the components of interest and other income, net, as follows (in millions):



	Years Ended
	June 30, 2018			July 1, 2017			July 2, 2016
Interest income	$	15.9		$	11.1		$	5.9
Foreign exchange gains (loss), net	(1.3		)	0.9			(2.6		)
Loss on extinguishment of debt (1)	(5.0		)	(1.1		)	—
Other income (expense), net	0.1			2.2			(0.8		)
Interest and other income, net	$	9.7		$	13.1		$	2.5


(1)	In connection with the debt extinguishment, a loss of $5.0 million was recognized. Refer to “Note 12. Debt” for more information.