XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.3
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 29, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 726.1 $ 1,045.9
Short-term investments 961.5 1,128.7
Total cash, cash equivalents and short-term investments 1,687.6 2,174.6
Accounts receivable, net 145.4 147.4
Inventories 467.9 440.7
Income taxes receivable 0.3 0.5
Prepaid expenses 58.3 56.6
Other current assets 98.9 179.8
Total current assets 2,458.4 2,999.6
Property and equipment, net 3,959.3 3,652.3
Goodwill 359.2 359.2
Intangible assets, net 23.7 23.9
Long-term receivables 2.2 2.3
Other long-term investments 79.3 79.3
Deferred tax assets 1.1 1.1
Investment tax credit receivable 723.5 641.8
Other assets 251.1 225.1
Total assets 7,857.8 7,984.6
Current liabilities:    
Accounts payable and accrued expenses 600.4 523.6
Contract liabilities and distributor-related reserves 62.9 62.3
Income taxes payable 1.3 1.0
Finance lease liabilities 0.5 0.5
Other current liabilities 117.8 77.9
Total current liabilities 782.9 665.3
Long-term liabilities:    
Long-term debt 3,132.6 3,126.2
Convertible notes, net 3,037.3 3,034.9
Deferred tax liabilities 10.8 10.8
Finance lease liabilities - long-term 8.8 8.9
Other long-term liabilities 256.5 256.4
Total long-term liabilities 6,446.0 6,437.2
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at September 29, 2024 and June 30, 2024; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 400,000 shares authorized at September 29, 2024 and June 30, 2024; 126,888 and 126,409 shares issued and outstanding at September 29, 2024 and June 30, 2024, respectively 0.2 0.2
Additional paid-in-capital 3,843.6 3,821.9
Accumulated other comprehensive loss (4.3) (11.6)
Accumulated deficit (3,210.6) (2,928.4)
Total shareholders’ equity 628.9 882.1
Total liabilities and shareholders’ equity $ 7,857.8 $ 7,984.6