Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2019

Financial instruments carried at fair value were as follows:



	June 30, 2019								June 24, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	95.0	$	—	$	—	$	95.0	$	42.9	$	—	$	—	$	42.9
Corporate bonds	—		15.0		—		15.0		—		—		—		—
U.S. agency securities	—		18.8		—		18.8		—		—		—		—
U.S. treasury securities	2.5		—		—		2.5		—		—		—		—
Non-U.S. certificates of deposit	—		105.8		—		105.8		—		34.6		—		34.6
Commercial paper	—		1.0		—		1.0		—		0.3		—		0.3
Total cash equivalents	97.5		140.6		—		238.1		42.9		34.9		—		77.8
Short-term investments:
Municipal bonds	—		78.5		—		78.5		—		109.3		—		109.3
Corporate bonds	—		257.0		—		257.0		—		76.8		—		76.8
U.S. agency securities	—		25.6		—		25.6		3.9		—		—		3.9
U.S. treasury securities	92.5		—		—		92.5		—		—		—		—
U.S. certificates of deposit	—		22.4		—		22.4		—		0.5		—		0.5
Non-U.S. certificates of deposit	—		50.2		—		50.2		—		77.7		—		77.7
Commercial paper	—		7.8		—		7.8		—		—		—		—
Variable rate demand note	—		16.9		—		16.9		—		—		—		—
Total short-term investments	92.5		458.4		—		550.9		3.9		264.3		—		268.2
Other long-term investments:
Common stock of non-U.S. corporations	—		39.5		—		39.5		—		57.5		—		57.5
Total assets		$190.0		$638.5		$—		$828.5		$46.8		$356.7		$—		$403.5