XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.1

Fair Value of Financial Instruments (Tables)

9 Months Ended

Mar. 26, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Instruments Carried at Fair Value

The following table sets forth financial instruments carried at fair value within the U.S. GAAP hierarchy:

			March 26, 2023																		June 26, 2022
(in millions of U.S. Dollars)			Level 1						Level 2												Total						Level 1						Level 2												Total
Cash equivalents:
Money market funds			$208.3						$—												$208.3						$115.9						$—												$115.9
U.S. treasury securities			144.6						—												144.6						69.0						—												69.0
Commercial paper			—						12.4												12.4						—						59.4												59.4
Total cash equivalents			352.9						12.4												365.3						184.9						59.4												244.3
Short-term investments:
Corporate bonds			—						596.2												596.2						—						448.0												448.0
U.S. treasury securities			298.6						—												298.6						65.8						—												65.8
Certificates of deposit			—						203.5												203.5						—						—												—
Municipal bonds			—						187.6												187.6						—						162.2												162.2
U.S. agency securities			—						76.9												76.9						—						3.9												3.9
Variable rate demand notes			—						55.6												55.6						—						69.4												69.4
Commercial paper			—						34.7												34.7						—						—												—
Total short-term investments			298.6						1,154.5												1,453.1						65.8						683.5												749.3
Total cash equivalents and short-term investments			$651.5						$1,166.9												$1,818.4						$250.7						$742.9												$993.6

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration