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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jul. 02, 2016
OPERATING ACTIVITIES:      
Net (loss) income $ (46.0) $ 166.9 $ (99.2)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation expense 35.7 29.4 38.1
Amortization of acquired technologies and other intangibles 47.7 28.3 32.5
Stock-based compensation 30.5 33.2 44.0
Amortization of debt issuance costs and accretion of debt discount 36.4 34.6 28.8
Amortization of discount and premium on investments, net 0.3 0.8 0.8
Impairment of goodwill 0.0 0.0 91.4
Gain on sales of investments 0.0 (203.1) (71.6)
Loss on disposal of long-lived assets 2.1 5.7 1.5
Loss on extinguishment of debt 5.0 1.1 0.0
Other 2.2 4.8 2.1
Changes in operating assets and liabilities, net of separation distribution and acquisitions:      
Accounts receivable (54.3) 24.5 23.4
Inventories (4.5) (1.6) (2.6)
Other current and non-currents assets 5.2 (17.4) 5.1
Accounts payable 13.2 (14.8) (2.1)
Income taxes payable 1.1 (0.2) (1.5)
Deferred revenue, current and non-current 2.1 (27.4) (2.4)
Deferred taxes, net (6.3) 1.5 0.6
Accrued payroll and related expenses (3.7) (1.1) (13.8)
Accrued expenses and other current and non-current liabilities (0.7) 29.1 (10.8)
Net cash provided by operating activities 66.0 94.3 64.3
INVESTING ACTIVITIES:      
Purchases of available-for-sale investments (382.9) (679.4) (422.4)
Maturities of available-for-sale investments 438.3 470.4 395.7
Sales of available-for-sale investments 204.7 355.2 287.3
Changes in restricted cash 4.9 0.2 14.0
Acquisition of businesses, net of cash acquired (509.9) 0.0 (0.9)
Capital expenditures (42.5) (38.6) (35.5)
Proceeds from the sale of assets 5.8 5.9 6.0
Net cash (used in) provided by investing activities (281.6) 113.7 244.2
FINANCING ACTIVITIES:      
Proceeds from sale of Lumentum Holdings Inc. Series A Preferred Stock 0.0 0.0 35.8
Cash contribution to Lumentum Holdings Inc. 0.0 0.0 (137.6)
Proceeds from issuance of senior convertible debt 225.0 460.0 0.0
Payment of debt issuance costs (1.7) (8.9) 0.0
Repurchase and retirement of common stock (40.8) (92.0) (44.5)
Payment of financing obligations (1.3) (0.8) (5.9)
Redemption of convertible debt (353.3) (45.4) 0.0
Proceeds from exercise of employee stock options and employee stock purchase plan 4.9 12.4 4.5
Withholding tax payment on vesting of restricted stock awards (13.3) (14.3) (11.4)
Net cash (used in) provided by financing activities (180.5) 311.0 (159.1)
Effect of exchange rates on cash and cash equivalents 3.1 2.5 (14.4)
Net (decrease) increase in cash and cash equivalents (393.0) 521.5 135.0
Cash and cash equivalents at beginning of period 1,004.4 482.9 347.9
Cash and cash equivalents at end of period 611.4 1,004.4 482.9
Supplemental disclosure of cash flow information      
Cash paid for interest 11.2 6.7 6.6
Cash paid for taxes $ 24.4 $ 23.1 $ 31.8