CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 30, 2017	Jul. 01, 2017
Current assets:
Cash and cash equivalents	$ 753.1	$ 1,004.4
Short-term investments	452.3	432.2
Restricted cash	7.4	11.2
Accounts receivable, net	139.9	120.4
Inventories, net	77.3	48.0
Prepayments and other current assets	49.7	50.8
Total current assets	1,479.7	1,667.0
Property, plant and equipment, net	135.5	136.9
Goodwill	170.7	151.6
Intangibles, net	43.3	31.1
Deferred income taxes	115.0	109.5
Other non-current assets	14.2	14.4
Total assets	1,958.4	2,110.5
Current liabilities:
Accounts payable	38.7	32.6
Accrued payroll and related expenses	44.6	43.8
Deferred revenue	67.6	60.2
Accrued expenses	29.7	30.8
Current portion of long-term debt	436.8	0.0
Other current liabilities	62.6	61.4
Total current liabilities	680.0	228.8
Long-term debt, net of current portion	362.2	931.4
Other non-current liabilities	162.8	163.9
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred Stock, $0.001 par value; 1 million shares authorized; 1 share at December 30, 2017 and July 1, 2017, issued and outstanding	0.0	0.0
Common Stock, $0.001 par value; 1 billion shares authorized; 227 million shares at December 30, 2017 and 228 million shares at July 1, 2017, issued and outstanding	0.2	0.2
Additional paid-in capital	70,173.8	70,184.4
Accumulated deficit	(69,346.0)	(69,305.8)
Accumulated other comprehensive loss	(74.6)	(92.4)
Total stockholders’ equity	753.4	786.4
Total liabilities and stockholders’ equity	$ 1,958.4	$ 2,110.5

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.