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v3.25.2

Investments - Schedule of Gross Unrealized Losses and Fair Value of Short-term Investments by Type and Length of Time (Details) $ in Millions | Jun. 29, 2025 USD ($) security | Jun. 30, 2024 USD ($) security
--- | --- | ---
Fair Value |  |
Less than 12 Months | $ 125.5 | $ 666.5
Greater than 12 Months | 106.5 | 303.6
Total | 232.0 | 970.1
Unrealized Loss |  |
Less than 12 Months | 0.0 | (0.6)
Greater than 12 Months | (2.0) | (8.7)
Total | $ (2.0) | $ (9.3)
Number of securities with an unrealized loss |  |
Less than 12 Months | security | 54 | 141
Greater than 12 Months | security | 25 | 66
Total | security | 79 | 207
Corporate bonds |  |
Fair Value |  |
Less than 12 Months | $ 28.7 | $ 135.2
Greater than 12 Months | 65.2 | 183.4
Total | 93.9 | 318.6
Unrealized Loss |  |
Less than 12 Months | 0.0 | (0.2)
Greater than 12 Months | (1.5) | (6.5)
Total | (1.5) | (6.7)
U.S. treasury securities |  |
Fair Value |  |
Less than 12 Months | 90.6 | 507.4
Greater than 12 Months | 0.0 | 35.9
Total | 90.6 | 543.3
Unrealized Loss |  |
Less than 12 Months | 0.0 | (0.4)
Greater than 12 Months | 0.0 | (0.2)
Total | 0.0 | (0.6)
Municipal bonds |  |
Fair Value |  |
Less than 12 Months | 6.2 | 9.0
Greater than 12 Months | 41.3 | 74.3
Total | 47.5 | 83.3
Unrealized Loss |  |
Less than 12 Months | 0.0 | 0.0
Greater than 12 Months | (0.5) | (2.0)
Total | $ (0.5) | (2.0)
U.S. agency securities |  |
Fair Value |  |
Less than 12 Months |  | 14.9
Greater than 12 Months |  | 10.0
Total |  | 24.9
Unrealized Loss |  |
Less than 12 Months |  | 0.0
Greater than 12 Months |  | 0.0
Total |  | $ 0.0

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