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Income Taxes (Tables)
 12 Months Ended
Jun. 30, 2018
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
 
June 30, 2018
 
July 1, 2017
 
July 2, 2016
Domestic
$
(112.5
)
 
$
94.7

 
$
(110.9
)
Foreign
80.0

 
91.9

 
65.0

(Loss) income before income taxes
$
(32.5
)
 
$
186.6

 
$
(45.9
)
Schedule of the Company's income tax expense (benefit)
The Company’s income tax expense (benefit) consisted of the following (in millions):
 
Years Ended
 
June 30, 2018
 
July 1, 2017
 
July 2, 2016
Federal:
 
 
 
 
 
Current
$
(4.5
)
 
$
—

 
$
—

Deferred
(1.7
)
 
1.0

 
(26.2
)
Total federal income tax (benefit) expense
(6.2
)
 
1.0

 
(26.2
)
State:
 
 
 
 
 
Current
—

 
0.2

 
—

Deferred
(0.1
)
 
—

 
(1.5
)
Total state income tax (benefit) expense
(0.1
)
 
0.2

 
(1.5
)
Foreign:
 
 
 
 
 
Current
22.0

 
18.0

 
21.3

Deferred
(2.3
)
 
2.1

 
10.9

Total foreign income tax expense
19.7

 
20.1

 
32.2

Total income tax expense
$
13.4

 
$
21.3

 
$
4.5
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
 
June 30, 2018
 
July 1, 2017
 
July 2, 2016
Income tax (benefit) expense computed at federal statutory rate
$
(9.1
)
 
$
65.3

 
$
(16.1
)
Tax Reform E&P Inclusion
14.3

 
 
 
 
AMT Tax Repeal
(4.5
)
 
 
 
 
Goodwill impairment
—

 
—

 
19.4

Intraperiod allocation
—

 
—

 
(20.7
)
Foreign rate differential
(0.5
)
 
(6.6
)
 
(2.0
)
Valuation allowance
12.0

 
(27.4
)
 
18.2

Research and experimentation benefits and other tax credits
(0.7
)
 
(1.4
)
 
(1.1
)
Reversal of previously accrued taxes
(1.2
)
 
(0.2
)
 
—

Permanent items
1.7

 
(9.1
)
 
6.7

Withholding Taxes
0.7

 
0.4

 
0.3

Other
0.7

 
0.3

 
(0.2
)
Income tax expense
$
13.4

 
$
21.3

 
$
4.5
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
 
June 30, 2018
 
July 1, 2017
 
July 2, 2016
Gross deferred tax assets:
 
 
 
 
 
Tax credit carryforwards
$
158.8

 
$
150.6

 
$
141.0

Net operating loss carryforwards
1,219.0

 
1,875.4

 
1,846.3

Capital loss carryforwards
63.9

 
102.4

 
145.9

Inventories
4.0

 
5.4

 
6.1

Accruals and reserves
21.8

 
30.3

 
27.4

Investments
0.4

 
0.7

 
34.4

Other
43.6

 
51.9

 
60.3

Acquisition-related items
31.5

 
55.5

 
65.2

Gross deferred tax assets
1,543.0

 
2,272.2

 
2,326.6

Valuation allowance
(1,383.7
)
 
(2,097.8
)
 
(2,174.3
)
Deferred tax assets
159.3

 
174.4

 
152.3

Gross deferred tax liabilities:
 
 
 
 
 
Acquisition-related items
(26.8
)
 
(6.5
)
 
(13.2
)
Undistributed foreign earnings
—

 
(3.0
)
 
—

Other
(38.1
)
 
(57.3
)
 
(31.1
)
Deferred tax liabilities
(64.9
)
 
(66.8
)
 
(44.3
)
Total net deferred tax assets
$
94.4

 
$
107.6

 
$
108.0
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 June 30, 2018
 
$
2,097.8

 
$
31.8

 
$
(745.9
)
 
$
1,383.7

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

(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 27, 2015 and June 30, 2018 is as follows (in millions):
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

Additions based on tax positions related to current year
4.4

Additions based on tax positions related to prior year
5.6

Reductions for lapse of statute of limitations
(0.3
)
Balance at June 30, 2018
$
48.6
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 June 30, 2018:
Tax Jurisdictions
Tax Years
United States
2015 and onward
Canada
2017 and onward
China
2013 and onward
France
2015 and onward
Germany
2015 and onward
Korea
2013 and onward
United Kingdom
2017 and onward