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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Operating activities:    
Net loss $ (374.9) $ (151.7)
Net (loss) income from discontinued operations (178.8) 1.7
Net loss from continuing operations (196.1) (153.4)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 88.6 73.7
Amortization of debt issuance costs and discount, net of capitalized interest 26.1 17.2
Stock-based compensation 40.3 36.9
Loss on disposal or impairment of long-lived assets 3.7 1.7
Amortization of premium/discount on investments 4.9 0.5
Realized gain on sale of investments (0.3) (1.0)
(Gain) loss on equity investment (7.9) 9.2
Foreign exchange gain on equity investment (3.4) (1.2)
Deferred income taxes 0.5 (0.8)
Changes in operating assets and liabilities:    
Accounts receivable, net (11.7) (31.7)
Inventories (25.4) 2.2
Prepaid expenses and other assets (28.2) 0.9
Accounts payable, trade 27.2 (6.3)
Accrued salaries and wages and other liabilities 12.5 (18.7)
Accrued contract liabilities 10.3 5.9
Net cash used in operating activities of continuing operations (58.9) (64.9)
Net cash (used in) provided by operating activities of discontinued operations (16.6) 25.4
Cash used in operating activities (75.5) (39.5)
Investing activities:    
Purchases of property and equipment (394.0) (166.9)
Purchases of patent and licensing rights (3.6) (2.8)
Proceeds from sale of property and equipment 0.2 1.8
Purchases of short-term investments (342.1) (421.2)
Proceeds from maturities of short-term investments 335.6 342.5
Proceeds from sale of short-term investments 28.1 96.4
Proceeds from sale of business, net 36.6 0.0
Net cash used in investing activities of continuing operations (339.2) (150.2)
Net cash used in investing activities of discontinued operations (0.3) (2.0)
Cash used in investing activities (339.5) (152.2)
Financing activities:    
Proceeds from long-term debt borrowings 30.0 0.0
Payments on long-term debt borrowings, including finance lease obligations (30.3) (0.4)
Proceeds from issuance of common stock 530.1 31.0
Tax withholding on vested equity awards (31.7) (16.2)
Commitment fee on long-term incentive agreement (0.5) 0.0
Cash provided by financing activities 497.6 14.4
Effects of foreign exchange changes on cash and cash equivalents 0.2 (0.2)
Net change in cash and cash equivalents 82.8 (177.5)
Cash and cash equivalents, beginning of period 448.8 500.5
Cash and cash equivalents, end of period $ 531.6 $ 323.0