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Fair Value of Financial Instruments (Tables)

3 Months Ended

Sep. 24, 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:

			September 24, 2023																		June 25, 2023
(in millions of U.S. Dollars)			Level 1						Level 2												Total						Level 1						Level 2												Total
Cash equivalents:
Money market funds			$388.0						$—												$388.0						$230.4						$—												$230.4
U.S. treasury securities			107.5						—												107.5						20.7						—												20.7
Commercial paper			—						7.5												7.5						—						7.0												7.0
Certificates of deposit			—						3.8												3.8						—						—												—
Total cash equivalents			495.5						11.3												506.8						251.1						7.0												258.1
Short-term investments:
U.S. treasury securities			690.3						—												690.3						260.4						—												260.4
Corporate bonds			—						468.8												468.8						—						495.6												495.6
Municipal bonds			—						141.7												141.7						—						175.3												175.3
Commercial paper			—						127.9												127.9						—						50.2												50.2
U.S. agency securities			—						72.6												72.6						—						76.8												76.8
Certificates of deposit			—						57.1												57.1						—						112.3												112.3
Variable rate demand notes			—						27.2												27.2						—						27.3												27.3
Total short-term investments			690.3						895.3												1,585.6						260.4						937.5												1,197.9
Total cash equivalents and short-term investments			$1,185.8						$906.6												$2,092.4						$511.5						$944.5												$1,456.0

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- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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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
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

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