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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 28, 2021
Jun. 28, 2020
Current assets:    
Cash and cash equivalents $ 531.6 $ 448.8
Short-term investments 761.7 790.9
Total cash, cash equivalents and short-term investments 1,293.3 1,239.7
Accounts receivable, net 84.1 72.4
Inventories 147.5 121.9
Income taxes receivable 9.1 6.6
Prepaid expenses 23.8 26.2
Other current assets 38.5 8.7
Current assets held for sale 2.0 1.3
Current assets of discontinued operations 0.0 116.0
Total current assets 1,598.3 1,592.8
Property and equipment, net 1,165.1 770.8
Goodwill 359.2 349.7
Intangible assets, net 144.6 156.9
Long-term receivables 137.8 0.0
Other long-term investments 67.2 55.9
Deferred tax assets 1.2 1.2
Other assets 33.0 33.6
Long-term assets of discontinued operations 1.3 270.1
Total assets 3,507.7 3,231.0
Current liabilities:    
Accounts payable and accrued expenses 319.5 189.8
Accrued contract liabilities 24.5 14.2
Income taxes payable 0.0 1.2
Finance lease liabilities 0.4 3.6
Other current liabilities 37.8 22.2
Current liabilities of discontinued operations 0.6 60.2
Total current liabilities 382.8 291.2
Long-term liabilities:    
Convertible notes, net 813.7 783.8
Deferred tax liabilities 2.3 1.8
Finance lease liabilities - long-term 10.1 11.4
Other long-term liabilities 51.1 43.8
Long-term liabilities of discontinued operations 0.7 9.8
Total long-term liabilities 877.9 850.6
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at March 28, 2021 and June 28, 2020; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at March 28, 2021 and June 28, 2020; 115,425 and 109,230 shares issued and outstanding at March 28, 2021 and June 28, 2020, respectively 0.1 0.1
Additional paid-in-capital 3,658.9 3,106.2
Accumulated other comprehensive income 3.5 16.0
Accumulated deficit (1,415.5) (1,039.2)
Total shareholders’ equity 2,247.0 2,083.1
Noncontrolling interest from discontinued operations 0.0 6.1
Total equity 2,247.0 2,089.2
Total liabilities and shareholders’ equity $ 3,507.7 $ 3,231.0