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Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Jun. 26, 2022
Fair Value Disclosures [Abstract] |
Schedule of Financial Instruments Carried at Fair Value | Financial instruments carried at fair value were as follows:
| June 26, 2022 |  | June 27, 2021
| Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds | $ | 115.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 115.9 |  |  | $ | 96.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 96.9 |
Municipal bonds | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16.0 |  |  | — |  |  | 16.0 |
U.S. agency securities | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6.0 |  |  | — |  |  | 6.0 |
U.S. treasury securities | 69.0 |  |  | — |  |  | — |  |  | 69.0 |  |  | — |  |  | — |  |  | — |  |  | — |
Commercial paper | — |  |  | 59.4 |  |  | — |  |  | 59.4 |  |  | — |  |  | 62.4 |  |  | — |  |  | 62.4 |
Variable rate demand notes | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 22.9 |  |  | — |  |  | 22.9 |
Total cash equivalents | 184.9 |  |  | 59.4 |  |  | — |  |  | 244.3 |  |  | 96.9 |  |  | 107.3 |  |  | — |  |  | 204.2 |
Short-term investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Municipal bonds | — |  |  | 162.2 |  |  | — |  |  | 162.2 |  |  | — |  |  | 141.3 |  |  | — |  |  | 141.3 |
Corporate bonds | — |  |  | 448.0 |  |  | — |  |  | 448.0 |  |  | — |  |  | 459.5 |  |  | — |  |  | 459.5 |
U.S. agency securities | — |  |  | 3.9 |  |  | — |  |  | 3.9 |  |  | — |  |  | 15.8 |  |  | — |  |  | 15.8 |
U.S. treasury securities | 65.8 |  |  | — |  |  | — |  |  | 65.8 |  |  | 72.5 |  |  | — |  |  | — |  |  | 72.5 |
Certificates of deposit | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16.5 |  |  | — |  |  | 16.5 |
Commercial paper | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 50.0 |  |  | — |  |  | 50.0 |
Variable rate demand notes | — |  |  | 69.4 |  |  | — |  |  | 69.4 |  |  | — |  |  | 20.0 |  |  | — |  |  | 20.0 |
Total short-term investments | 65.8 |  |  | 683.5 |  |  | — |  |  | 749.3 |  |  | 72.5 |  |  | 703.1 |  |  | — |  |  | 775.6 |
Total assets | $250.7 |  |  | $742.9 |  |  | $— |  |  | $993.6 |  |  | $169.4 |  |  | $810.4 |  |  | $— |  |  | $979.8 |

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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