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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 25, 2022
Jun. 26, 2022
Current assets:    
Cash and cash equivalents $ 1,085.1 $ 449.5
Short-term investments 1,399.3 749.3
Total cash, cash equivalents and short-term investments 2,484.4 1,198.8
Accounts receivable, net 169.3 150.2
Inventories 266.6 227.0
Income taxes receivable 1.0 1.3
Prepaid expenses 28.0 32.1
Other current assets 133.4 151.4
Current assets held for sale 1.6 1.6
Total current assets 3,084.3 1,762.4
Property and equipment, net 1,649.6 1,481.1
Goodwill 359.2 359.2
Intangible assets, net 120.0 125.4
Long-term receivables 2.9 104.7
Deferred tax assets 1.0 1.0
Other assets 125.9 83.7
Total assets 5,342.9 3,917.5
Current liabilities:    
Accounts payable and accrued expenses 389.1 307.7
Accrued contract liabilities 34.8 37.0
Income taxes payable 9.4 11.6
Finance lease liabilities 0.5 0.5
Other current liabilities 26.2 31.7
Total current liabilities 460.0 388.5
Long-term liabilities:    
Convertible notes, net 3,021.0 1,021.6
Deferred tax liabilities 3.5 3.2
Finance lease liabilities - long-term 9.4 9.6
Other long-term liabilities 68.8 55.3
Total long-term liabilities 3,102.7 1,089.7
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at December 25, 2022 and June 26, 2022; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at December 25, 2022 and June 26, 2022; 124,413 and 123,795 shares issued and outstanding at December 25, 2022 and June 26, 2022, respectively 0.2 0.2
Additional paid-in-capital 3,660.0 4,228.4
Accumulated other comprehensive loss (28.6) (25.3)
Accumulated deficit (1,851.4) (1,764.0)
Total shareholders’ equity 1,780.2 2,439.3
Total liabilities and shareholders’ equity $ 5,342.9 $ 3,917.5