CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 27, 2020	Jun. 29, 2019
Current assets:
Cash and cash equivalents	$ 298.0	$ 432.6
Short-term investments	1,255.8	335.9
Accounts receivable, net	233.5	238.0
Inventories	188.9	228.8
Prepayments and other current assets	73.8	97.5
Total current assets	2,050.0	1,332.8
Property, plant and equipment, net	393.0
Property, plant and equipment, net		433.3
Operating lease right-of-use assets, net	78.7
Goodwill	368.9	368.9
Other intangible assets, net	316.8	395.4
Deferred income taxes	81.2	169.6
Other non-current assets	4.0	16.6
Total assets	3,292.6	2,716.6
Current liabilities:
Accounts payable	150.8	160.8
Accrued payroll and related expenses	53.4	42.3
Accrued expenses	23.7	46.7
Term loan, current	0.0	5.0
Operating lease liabilities, current	10.8
Other current liabilities	44.3	39.2
Total current liabilities	283.0	294.0
Convertible notes	1,120.3	351.9
Term loan, non-current	0.0	484.0
Operating lease liabilities, non-current	57.6
Deferred tax liability	46.5	55.9
Other non-current liabilities	36.0	33.7
Total liabilities	1,543.4	1,219.5
Commitments and contingencies (Note 19)
Stockholders’ equity:
Common stock, $0.001 par value, 990,000,000 authorized shares, 75,100,664 and 76,653,478 shares issued and outstanding as of June 27, 2020 and June 29, 2019, respectively	0.1	0.1
Additional paid-in capital	1,676.6	1,360.8
Retained earnings	64.6	129.1
Accumulated other comprehensive income	7.9	7.1
Total stockholders’ equity	1,749.2	1,497.1
Total liabilities and stockholders’ equity	$ 3,292.6	$ 2,716.6