UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Jun. 25, 2023
Current assets:
Cash and cash equivalents	$ 1,142.4	$ 1,757.0
Short-term investments	1,408.5	1,197.9
Total cash, cash equivalents and short-term investments	2,550.9	2,954.9
Accounts receivable, net	124.3	154.8
Inventories	421.2	284.9
Income taxes receivable	0.8	0.8
Prepaid expenses	71.1	36.8
Other current assets	162.7	131.5
Current assets held for sale from discontinued operations	0.0	42.8
Total current assets	3,331.0	3,606.5
Property and equipment, net	3,221.9	2,165.5
Goodwill	359.2	359.2
Intangible assets, net	23.7	23.9
Long-term receivables	2.8	2.6
Other long-term investments	68.1	0.0
Deferred tax assets	1.2	1.2
Other assets	688.3	303.3
Long-term assets held for sale from discontinued operations	0.0	124.5
Total assets	7,696.2	6,586.7
Current liabilities:
Accounts payable and accrued expenses	556.0	534.5
Accrued contract liabilities	55.8	39.0
Income taxes payable	10.0	9.6
Finance lease liabilities	0.5	0.5
Other current liabilities	104.7	35.7
Current liabilities held for sale from discontinued operations	0.0	8.6
Total current liabilities	727.0	627.9
Long-term liabilities:
Long-term debt	2,631.7	1,149.5
Convertible notes, net	3,032.6	3,025.6
Deferred tax liabilities	10.8	3.9
Finance lease liabilities - long-term	9.1	9.2
Other long-term liabilities	262.4	143.4
Long-term liabilities held for sale from discontinued operations	0.0	5.3
Total long-term liabilities	5,946.6	4,336.9
Commitments and contingencies
Shareholders’ equity:
Preferred stock, par value $0.01; 3,000 shares authorized at March 31, 2024 and June 25, 2023; none issued and outstanding	0.0	0.0
Common stock, par value $0.00125; 400,000 shares authorized at March 31, 2024 and 200,000 shares authorized at June 25, 2023; 125,833 and 124,794 shares issued and outstanding at March 31, 2024 and June 25, 2023, respectively	0.2	0.2
Additional paid-in-capital	3,788.6	3,711.0
Accumulated other comprehensive loss	(12.7)	(25.1)
Accumulated deficit	(2,753.5)	(2,064.2)
Total shareholders’ equity	1,022.6	1,621.9
Total liabilities and shareholders’ equity	$ 7,696.2	$ 6,586.7