Supplemental Guarantor Condensed Consolidating Financials (Tables)

9 Months Ended

Jun. 28, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Supplemental Condensed Consolidating Statement of Operations

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Three Months Ended June 28, 2014

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product	$	128.4		$	386.4		$	125.8		$	(111.3	)	$	529.3
Service and other	88.2			14.4			13.1			(12.4		)	103.3
	216.6			400.8			138.9			(123.7		)	632.6
Costs of revenues:
Product	61.5			147.3			89.2			(111.3		)	186.7
Amortization of intangible assets	1.4			75.3			3.8			—			80.5
Service and other	46.8			5.9			12.3			(12.4		)	52.6
Gross Profit	106.9			172.3			33.6			—			312.8
Operating expenses:
Research and development	7.7			42.9			1.9			—			52.5
Selling and marketing	16.8			43.4			22.8			—			83.0
General and administrative	15.8			37.8			11.1			—			64.7
Amortization of intangible assets	0.6			26.8			2.3			—			29.7
Restructuring and divestiture charges	1.0			2.9			2.8			—			6.7
	41.9			153.8			40.9			—			236.6
Income (loss) from operations	65.0			18.5			(7.3		)	—			76.2
Interest income	0.1			1.1			0.2			(1.1		)	0.3
Interest expense	(52.6		)	(0.3		)	(0.6		)	1.1			(52.4		)
Other (expense) income, net	1.3			(3.0		)	0.2			—			(1.5		)
Income (loss) before income taxes	13.8			16.3			(7.5		)	—			22.6
Provision for income taxes	6.8			3.6			0.9			—			11.3
Equity in earnings (losses) of subsidiaries	4.3			3.3			—			(7.6		)	—
Net income (loss)	$	11.3		$	16.0		$	(8.4	)	$	(7.6	)	$	11.3

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Nine Months Ended June 28, 2014

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product	$	356.8		$	1,154.0		$	373.7		$	(321.7	)	$	1,562.8
Service and other	262.7			47.4			37.2			(40.0		)	307.3
	619.5			1,201.4			410.9			(361.7		)	1,870.1
Costs of revenues:
Product	172.4			431.7			266.9			(321.7		)	549.3
Amortization of intangible assets	4.2			224.0			5.9			—			234.1
Impairment of intangible assets	—			—			26.6			—			26.6
Service and other	140.3			27.5			31.8			(40.0		)	159.6
Gross Profit	302.6			518.2			79.7			—			900.5
Operating expenses:
Research and development	23.0			121.7			6.4			—			151.1
Selling and marketing	52.6			126.8			65.6			—			245.0
General and administrative	45.5			114.9			34.2			—			194.6
Amortization of intangible assets	2.4			77.9			4.7			—			85.0
Impairment of intangible assets	—			—			0.5			—			0.5
Restructuring and divestiture charges	7.6			15.0			14.0			—			36.6
	131.1			456.3			125.4			—			712.8
Income (loss) from operations	171.5			61.9			(45.7		)	—			187.7
Interest income	0.3			2.3			0.7			(2.5		)	0.8
Interest expense	(168.0		)	(0.8		)	(1.8		)	2.5			(168.1		)
Debt extinguishment loss	(7.4		)	—			—			—			(7.4		)
Other (expense) income, net	7.9			(12.4		)	1.0			—			(3.5		)
Income (loss) before income taxes	4.3			51.0			(45.8		)	—			9.5
Provision for income taxes	5.0			9.9			5.4			—			20.3
Equity in earnings (losses) of subsidiaries	(10.1		)	14.3			—			(4.2		)	—
Net (loss) income	$	(10.8	)	$	55.4		$	(51.2	)	$	(4.2	)	$	(10.8	)

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Three Months Ended June 29, 2013

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product	$	106.5		$	399.1		$	114.8		$	(90.5	)	$	529.9
Service and other	81.4			15.9			11.3			(12.4		)	96.2
	187.9			415.0			126.1			(102.9		)	626.1
Costs of revenues:
Product	57.7			143.8			76.6			(90.5		)	187.6
Amortization of intangible assets	1.3			73.7			1.0			—			76.0
Impairment of intangible assets	—			—			1.7			—			1.7
Service and other	39.1			14.8			9.5			(12.4		)	51.0
Gross profit	89.8			182.7			37.3			—			309.8
Operating expenses:
Research and development	8.0			37.2			2.6			—			47.8
Selling and marketing	17.9			43.5			21.5			—			82.9
General and administrative	20.0			31.3			9.2			—			60.5
Amortization of intangible assets	0.8			26.7			1.2			—			28.7
Contingent consideration – compensation expense	21.6			—			—			—			21.6
Contingent consideration – fair value adjustments	0.5			—			—			—			0.5
Restructuring and divestiture charges	0.6			3.7			2.4			—			6.7
	69.4			142.4			36.9			—			248.7
Income from operations	20.4			40.3			0.4			—			61.1
Interest income	0.1			—			0.2			—			0.3
Interest expense	(66.3		)	(0.3		)	(0.6		)	—			(67.2		)
Other (expense) income, net	178.1			(179.2		)	(0.1		)	—			(1.2		)
(Loss) income before income taxes	132.3			(139.2		)	(0.1		)	—			(7.0		)
Provision (benefit) for income taxes	50.9			(49.9		)	3.0			—			4.0
Equity in earnings (losses) of subsidiaries	(92.4		)	1.1			—			91.3			—
Net (loss) income	$	(11.0	)	$	(88.2	)	$	(3.1	)	$	91.3		$	(11.0	)

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Nine Months Ended June 29, 2013

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product	$	305.2		$	1,177.7		$	365.3		$	(268.9	)	$	1,579.3
Service and other	240.5			56.5			34.6			(40.7		)	290.9
	545.7			1,234.2			399.9			(309.6		)	1,870.2
Costs of revenues:
Product	163.7			478.1			244.3			(268.9		)	617.2
Amortization of intangible assets	4.0			219.8			3.2			—			227.0
Impairment of intangible assets	—			—			1.7			—			1.7
Service and other	118.1			46.2			29.9			(40.7		)	153.5
Gross profit	259.9			490.1			120.8			—			870.8
Operating expenses:
Research and development	22.7			118.8			7.4			—			148.9
Selling and marketing	59.1			136.2			70.1			—			265.4
General and administrative	52.0			101.0			26.7			—			179.7
Amortization of intangible assets	2.2			80.1			3.6			—			85.9
Contingent consideration – compensation expense	80.5			—			—			—			80.5
Contingent consideration – fair value adjustments	11.3			—			—			—			11.3
Gain on sale of intellectual property	—			(53.9		)	—			—			(53.9		)
Restructuring and divestiture charges	0.9			17.7			4.5			—			23.1
	228.7			399.9			112.3			—			740.9
Income from operations	31.2			90.2			8.5			—			129.9
Interest income	0.4			0.1			0.3			—			0.8
Interest expense	(212.9		)	(0.9		)	(1.5		)	—			(215.3		)
Debt extinguishment loss	(3.2		)	—			—			—			(3.2		)
Other income (expense), net	179.8			(186.3		)	6.3			—			(0.2		)
(Loss) income before income taxes	(4.7		)	(96.9		)	13.6			—			(88.0		)
(Benefit) provision for income taxes	24.3			(61.1		)	7.7			—			(29.1		)
Equity in earnings (losses) of subsidiaries	(29.9		)	14.5			—			15.4			—
Net (loss) income	$	(58.9	)	$	(21.3	)	$	5.9		$	15.4		$	(58.9	)

Schedule of Supplemental Condensed Consolidating Statements of Comprehensive (Loss) Income

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended June 28, 2014

	Parent/Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	11.3	$	16.0	$	(8.4	)	$	(7.6	)	$	11.3
Changes in foreign currency translation adjustment	—		0.3		3.0			—			3.3
Changes in unrealized holding gain on available-for-sale securities	—		4.2		—			—			4.2
Comprehensive income (loss)	$	11.3	$	20.5	$	(5.4	)	$	(7.6	)	$	18.8

For the Nine Months Ended June 28, 2014

	Parent/Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) income	$	(10.8	)	$	55.4	$	(51.2	)	$	(4.2	)	$	(10.8	)
Changes in foreign currency translation adjustment	—			0.4		(4.1		)	—			(3.7		)
Changes in unrealized holding gain on available-for-sale securities	—			1.9		—			—			1.9
Changes in pension plans, net of taxes	—			—		(0.6		)	—			(0.6		)
Comprehensive (loss) income	$	(10.8	)	$	57.7	$	(55.9	)	$	(4.2	)	$	(13.2	)

For the Three Months Ended June 29, 2013

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net (loss) income	$	(11.0	)	$	(88.2	)	$	(3.1	)	$	91.3	$	(11.0	)
Changes in foreign currency translation adjustment	—			—			(2.9		)	—		(2.9		)
Changes in unrealized holding gain on available-for-sale securities	—			0.1			—			—		0.1
Comprehensive (loss) income	$	(11.0	)	$	(88.1	)	$	(6.0	)	$	91.3	$	(13.8	)

For the Nine Months Ended June 29, 2013

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net (loss) income	$	(58.9	)	$	(21.3	)	$	5.9		$	15.4	$	(58.9	)
Changes in foreign currency translation adjustment	—			0.2			(9.5		)	—		(9.3		)
Changes in unrealized holding gain on available-for-sale securities	—			2.3			—			—		2.3
Comprehensive (loss) income	$	(58.9	)	$	(18.8	)	$	(3.6	)	$	15.4	$	(65.9	)

Schedule of Supplemental Condensed Consolidating Balance Sheet

SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET

June 28, 2014

	Parent/ Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	215.4	$	272.6	$	144.5	$	—		$	632.5
Restricted cash	—		—		5.9		—			5.9
Accounts receivable, net	114.3		168.7		98.7		—			381.7
Inventories	88.8		186.1		54.9		—			329.8
Deferred income tax assets	14.4		19.2		0.8		—			34.4
Prepaid income taxes	6.0		2.9		1.4		—			10.3
Prepaid expenses and other current assets	18.7		10.1		9.0		—			37.8
Intercompany receivables	—		2,663.6		13.4		(2,677.0		)	—
Total current assets	457.6		3,323.2		328.6		(2,677.0		)	1,432.4
Property, plant and equipment, net	29.2		338.0		100.2		—			467.4
Intangible assets, net	14.1		3,484.2		60.4		—			3,558.7
Goodwill	282.4		2,391.0		137.7		—			2,811.1
Other assets	92.1		48.5		1.8		—			142.4
Long term intercompany receivables	—		144.0		—		(144.0		)	—
Investment in subsidiaries	8,681.0		220.3		0.2		(8,901.5		)	—
Total assets	$	9,556.4	$	9,949.2	$	628.9	$	(11,722.5	)	$	8,412.0
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	102.0	$	—	$	—	$	—		$	102.0
Accounts payable	24.0		46.2		12.1		—			82.3
Accrued expenses	145.2		71.2		50.1		—			266.5
Deferred revenue	108.5		7.9		30.7		—			147.1
Deferred income tax liability	—		—		—		—			—
Intercompany payables	2,628.5		—		51.5		(2,680.0		)	—
Total current liabilities	3,008.2		125.3		144.4		(2,680.0		)	597.9
Long-term debt, net of current portion	4,168.5		—		—		—			4,168.5
Deferred income tax liabilities	82.6		1,320.1		8.1		—			1,410.8
Deferred service obligations – long-term	8.1		4.0		9.7		—			21.8
Long-term intercompany payables	144.0		—		—		(144.0		)	—
Other long-term liabilities	113.7		32.8		35.2		—			181.7
Total stockholders’ equity	2,031.3		8,467.0		431.5		(8,898.5		)	2,031.3
Total liabilities and stockholders’ equity	$	9,556.4	$	9,949.2	$	628.9	$	(11,722.5	)	$	8,412.0

SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET

September 28, 2013

	Parent/ Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	321.6	$	387.4	$	113.5	$	—		$	822.5
Restricted cash	—		—		6.9		—			6.9
Accounts receivable, net	126.1		174.4		108.8		—			409.3
Inventories	81.9		146.7		60.8		—			289.4
Deferred income tax assets	—		19.0		0.5		(19.5		)	—
Prepaid income taxes	47.1		2.3		—		(4.7		)	44.7
Prepaid expenses and other current assets	16.3		21.1		11.0		—			48.4
Intercompany receivables	—		2,442.6		31.9		(2,474.5		)	—
Other current assets – assets held-for-sale	—		—		3.0		—			3.0
Total current assets	593.0		3,193.5		336.4		(2,498.7		)	1,624.2
Property, plant and equipment, net	29.3		356.7		105.5		—			491.5
Intangible assets, net	19.9		3,785.0		101.8		—			3,906.7
Goodwill	283.0		2,390.9		140.6		—			2,814.5
Other assets	103.6		58.4		1.9		—			163.9
Investments in subsidiaries	8,667.6		129.0		2.3		(8,798.9		)	—
Total assets	$	9,696.4	$	9,913.5	$	688.5	$	(11,297.6	)	$	9,000.8
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	563.8	$	—	$	—	$	—		$	563.8
Accounts payable	27.9		42.6		10.0		—			80.5
Accrued expenses	153.0		79.6		44.4		(5.0		)	272.0
Deferred revenue	93.3		8.0		31.0		—			132.3
Deferred income tax liabilities	59.3		—		—		(19.5		)	39.8
Intercompany payables	2,418.1		—		64.4		(2,482.5		)	—
Total current liabilities	3,315.4		130.2		149.8		(2,507.0		)	1,088.4
Long-term debt, net of current portion	4,242.1		—		—		—			4,242.1
Deferred income tax liabilities	89.1		1,435.5		10.7		—			1,535.3
Deferred service obligations – long-term	11.3		3.5		12.9		(2.2		)	25.5
Other long-term liabilities	97.0		37.6		33.4		—			168.0
Total stockholders’ equity	1,941.5		8,306.7		481.7		(8,788.4		)	1,941.5
Total liabilities and stockholders’ equity	$	9,696.4	$	9,913.5	$	688.5	$	(11,297.6	)	$	9,000.8

Schedule of Consolidating Statement of Cash Flows

CONSOLIDATING STATEMENT OF CASH FLOWS

For the Nine Months Ended June 28, 2014

	Parent/ Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
OPERATING ACTIVITIES
Net cash provided by (used in) operating activities	$	412.6		$	(81.1	)	$	45.2		$	—	$	376.7
INVESTING ACTIVITIES
Proceeds from sale of business, net	—			—			2.4			—		2.4
Purchase of property and equipment	(9.4		)	(15.3		)	(6.2		)	—		(30.9		)
Increase in equipment under customer usage agreements	(0.5		)	(15.8		)	(10.6		)	—		(26.9		)
Net sales of insurance contracts	13.8			—			—			—		13.8
Purchases of mutual funds	(29.7		)	—			—			—		(29.7		)
Sales of mutual funds	22.4			—			—			—		22.4
(Increase) decrease in other assets	(1.0		)	(3.0		)	1.0			—		(3.0		)
Net cash used in investing activities	(4.4		)	(34.1		)	(13.4		)	—		(51.9		)
FINANCING ACTIVITIES
Repayment of long-term debt	(578.8		)	—			—			—		(578.8		)
Payment of debt issuance costs	(2.4		)	—			—			—		(2.4		)
Payment of deferred acquisition consideration	(5.0		)	—			—			—		(5.0		)
Net proceeds from issuance of common stock pursuant to employee stock plans	75.8			—			—			—		75.8
Excess tax benefit related to equity awards	5.2			—			—			—		5.2
Payment of minimum tax withholdings on net share settlement of equity awards	(9.2		)	—			—			—		(9.2		)
Net cash used in financing activities	(514.4		)	—			—			—		(514.4		)
Effect of exchange rate changes on cash and cash equivalents	—			0.4			(0.8		)	—		(0.4		)
Net (decrease) increase in cash and cash equivalents	(106.2		)	(114.8		)	31.0			—		(190.0		)
Cash and cash equivalents, beginning of period	321.6			387.4			113.5			—		822.5
Cash and cash equivalents, end of period	$	215.4		$	272.6		$	144.5		$	—	$	632.5

CONSOLIDATING STATEMENT OF CASH FLOWS

For the Nine Months Ended June 29, 2013

	Parent/ Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
OPERATING ACTIVITIES
Net cash provided by operating activities	$	218.4		$	146.4		$	51.0		$	—	$	415.8
INVESTING ACTIVITIES
Acquisition of a business	(6.1		)	—			(0.2		)	—		(6.3		)
Payment of additional acquisition consideration	(16.8		)	—			—			—		(16.8		)
Proceeds from sale of business, net of cash transferred	—			84.8			1.5			—		86.3
Purchase of property and equipment	(13.1		)	(19.7		)	(8.3		)	—		(41.1		)
Increase in equipment under customer usage agreements	(0.5		)	(18.8		)	(12.6		)	—		(31.9		)
Purchase of insurance contracts	(4.0		)	—			—			—		(4.0		)
Proceeds from sale of intellectual property	—			60.0			—			—		60.0
Purchase of cost-method investments	(3.4		)	(0.2		)	—			—		(3.6		)
Sale of cost-method investments	2.1			—			—			—		2.1
Increase in other assets	(2.1		)	(2.1		)	(0.4		)	—		(4.6		)
Net cash provided by (used in) investing activities	(43.9		)	104.0			(20.0		)	—		40.1
FINANCING ACTIVITIES
Repayment of long-term debt	(48.8		)	—			—			—		(48.8		)
Payment of debt issuance cost	(7.0		)	—			—			—		(7.0		)
Payment of contingent consideration	(42.4		)	—			—			—		(42.4		)
Payment of deferred acquisition consideration	(1.7		)	—			—			—		(1.7		)
Net proceeds from issuance of common stock pursuant to employee stock plans	51.2			—			—			—		51.2
Excess tax benefit related to equity awards	5.4			—			—			—		5.4
Payment of minimum tax withholdings on net share settlements of equity awards	(12.0		)	—			—			—		(12.0		)
Intercompany dividend	175.0			(175.0		)	—			—		—
Net cash used in financing activities	(55.3		)	—			—			—		(55.3		)
Effect of exchange rate changes on cash and cash equivalents	—			(3.0		)	0.4			—		(2.6		)
Net increase in cash and cash equivalents	119.2			247.4			31.4			—		398.0
Cash and cash equivalents, beginning of period	210.0			269.4			81.0			—		560.4
Cash and cash equivalents, end of period	$	329.2		$	516.8		$	112.4		$	—	$	958.4