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Balance Sheet and Other Details (Tables)

3 Months Ended

Oct. 01, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Activity Related to Deferred Revenue and Financed Unearned Services Revenue

The following tables summarize the activity related to deferred revenue (in millions):

						October 1, 2022
									Three Months Ended
Deferred revenue:
Balance at beginning of period									$	100.4
Revenue deferrals for new contracts (1)									26.6
Revenue recognized during the period (2)									(35.5)
Balance at end of period (3)									$	91.5

(1)    Included in these amounts is the impact from foreign currency exchange rate fluctuations.

(2)    Revenue recognized during the period represents releases from the balance at the beginning of the period as well as releases from the current period deferrals.

(3)    The long-term portion of deferred revenue is included as a component of other non-current liabilities on the Consolidated Balance Sheets and included below.

Schedule of Components of Accounts Receivable Allowance

The following table presents the activities and balances for allowance for credit losses (in millions):

			July 2, 2022												Charged to Costs and Expenses						Deductions (1)						October 1, 2022
Allowance for credit losses			$	1.4											$	0.3					$	(0.2)					$	1.5

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

Schedule of Components of Inventories

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

			October 1, 2022						July 2, 2022
Finished goods			$	40.5					$	41.6
Work in process			18.3						17.7
Raw materials			51.8						50.8
Inventories, net			$	110.6					$	110.1

Schedule of Components of Prepayments and Other Current Assets

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

			October 1, 2022						July 2, 2022
Refundable income taxes			$	25.1					$	14.5
Prepayments			13.8						16.0
Advances to contract manufacturers			12.7						11.8
Transaction tax receivables			8.3						10.4
Asset held for sale			2.5						2.5
Other current assets			14.4						14.0
Prepayments and other current assets			$	76.8					$	69.2

Schedule of Components of Other Current Liabilities

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

			October 1, 2022						July 2, 2022
Fair value of forward contracts			$	11.2					$	8.4
Income tax payable			10.2						9.6
Operating lease liabilities (Note 12)			9.8						10.1
Interest payable			8.3						4.6
Transaction tax payable			4.6						11.5
Warranty accrual			4.0						4.4
Fair value of contingent consideration			2.5						1.8
Other			5.9						5.9
Other current liabilities			$	56.5					$	56.3

Schedule of Components of Other Non-current Liabilities

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

			October 1, 2022						July 2, 2022
Pension and post-employment benefits			$	50.2					$	59.6
Operating lease liabilities (Note 12)			30.5						33.5
Long-term deferred revenue			20.1						19.4
Financing obligation			15.9						16.0
Deferred tax liability			15.3						9.5
Uncertain tax position			13.3						12.9
Warranty accrual			5.5						6.2
Other			15.8						13.3
Other non-current liabilities			$	166.6					$	170.4

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