XML 56 R40.htm IDEA: XBRL DOCUMENT v3.23.2
Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details)
 12 Months Ended
Jul. 27, 2022
USD ($)
Jul. 17, 2017
USD ($)
Jun. 25, 2023
USD ($)
segment
compensationPlan
reporting_unit
Jun. 26, 2022
USD ($)
Jun. 27, 2021
USD ($)
Jun. 28, 2020
USD ($)
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Prior period reclassification adjustment     $ 0      
Allowance for credit loss     0 $ 0 $ 0  
Reduction in property plant and equipment     167,400,000 0 0  
Government assistance, amount, cumulative     $ 93,900,000      
Number of reporting units | reporting_unit     1      
Advertising costs     $ 11,500,000 7,500,000 5,100,000  
Number of employee benefit plans | compensationPlan     1      
Employer discretionary contribution amount     $ 12,300,000 10,300,000 8,000,000  
Cash paid for interest     29,500,000 13,100,000 14,100,000  
Cash paid for income taxes, net of refunds received     2,900,000 (4,400,000) 11,000,000  
Stockholders' equity, including portion attributable to noncontrolling interest     1,621,900,000 2,439,300,000 2,116,500,000 $ 2,089,200,000
Convertible notes, net     $ 3,025,600,000 1,021,600,000    
Government Assistance, Statement of Financial Position [Extensible Enumeration]     Other current assets      
The State Of New York Urban Development Corporation            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Reduction in property plant and equipment     $ 399,100,000      
Proceeds from government assistance     305,200,000      
CHIPS Act            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Reduction in property plant and equipment     167,400,000      
Accumulated Deficit            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest     (2,064,200,000) (1,764,000,000) (1,563,100,000) (1,039,200,000)
Additional Paid-in Capital            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest     $ 3,711,000,000 4,228,400,000 $ 3,676,800,000 $ 3,106,200,000
Cumulative Effect, Period of Adoption, Adjustment            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest       (303,300,000)    
Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest       29,700,000    
Cumulative Effect, Period of Adoption, Adjustment | Additional Paid-in Capital            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest       $ (333,000,000.0)    
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2020-06 Retrospective            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Convertible notes, net $ 277,900,000          
Reduction in property plant and equipment 25,400,000          
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2020-06 Retrospective | Accumulated Deficit            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest 29,700,000          
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2020-06 Retrospective | Additional Paid-in Capital            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Stockholders' equity, including portion attributable to noncontrolling interest $ 333,000,000          
Cree Venture LED            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Payments to acquire interest in joint venture   $ 5,100,000        
Ownership interest by parent (as a percent)   51.00%        
San'an Optoelectronics Co., Ltd. | Cree Venture LED            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Proceeds from noncontrolling interests   $ 4,900,000        
Ownership interest by noncontrolling owners (as a percent)   49.00%        
Minimum            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Useful life of finite-lived intangible assets     10 years      
Number of renewal options | segment     1      
Renewal term of leases (in years)     1 year      
Maximum            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Useful life of finite-lived intangible assets     15 years      
Renewal term of leases (in years)     5 years      
Patents | Maximum            
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]            
Useful life of finite-lived intangible assets     20 years