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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Sep. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | The following table summarizes changes in goodwill during the three months ended September 27, 2020:
(in millions of U.S. Dollars) | Wolfspeed | LED Products | Total
Balance at June 28, 2020 | $349.7 |  | $180.3 |  | $530.0 |
Impairment | — |  | (105.7) |  | (105.7) |
Balance at September 27, 2020 | $349.7 |  | $74.6 |  | $424.3 |
Schedule of Components of Intangible Assets | The following table presents the components of intangible assets, net:
| September 27, 2020 |  | June 28, 2020
(in millions of U.S. Dollars) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Customer relationships | $147.8 |  |  | ($71.5) |  |  | $76.3 |  |  | $147.8 |  |  | ($70.0) |  |  | $77.8 |
Developed technology | 74.9 |  |  | (31.1) |  |  | 43.8 |  |  | 74.9 |  |  | (29.7) |  |  | 45.2 |
Non-compete agreements | 12.2 |  |  | (7.8) |  |  | 4.4 |  |  | 12.2 |  |  | (7.1) |  |  | 5.1 |
Trade names | 0.5 |  |  | (0.5) |  |  | — |  |  | 0.5 |  |  | (0.5) |  |  | — |
Acquisition related intangible assets | 235.4 |  |  | (110.9) |  |  | 124.5 |  |  | 235.4 |  |  | (107.3) |  |  | 128.1 |
Patent and licensing rights | 114.8 |  |  | (63.9) |  |  | 50.9 |  |  | 114.6 |  |  | (63.1) |  |  | 51.5 |
Total intangible assets | $350.2 |  |  | ($174.8) |  |  | $175.4 |  |  | $350.0 |  |  | ($170.4) |  |  | $179.6 |
Schedule of Future Amortization Expense of Finite-lived Intangible Assets | Total future amortization expense of intangible assets is estimated to be as follows:
(in millions of U.S. Dollars) Fiscal Year Ending | Acquisition Related Intangibles |  | Patents |  | Total
June 27, 2021 | $10.9 |  |  | $6.6 |  |  | $17.5 |
June 26, 2022 | 13.5 |  |  | 7.9 |  |  | 21.4 |
June 25, 2023 | 11.0 |  |  | 6.9 |  |  | 17.9 |
June 30, 2024 | 10.4 |  |  | 6.0 |  |  | 16.4 |
June 29, 2025 | 10.4 |  |  | 4.8 |  |  | 15.2 |
Thereafter | 68.3 |  |  | 18.7 |  |  | 87.0 |
Total future amortization expense | $124.5 |  |  | $50.9 |  |  | $175.4 |

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