XML 39 R28.htm IDEA: XBRL DOCUMENT v3.3.1.900
Accumulated Other Comprehensive (Loss) Income (Tables)
 6 Months Ended
Jan. 02, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Schedule of components of Accumulated other comprehensive income
For the six months ended January 2, 2016 the changes in accumulated other comprehensive income (loss) by component net of tax were as follows (in millions):
 
Unrealized (losses) on available-for sale investments (2)
 
Foreign 
currency translation adjustments
 
Defined benefit obligation, net of tax (3)
 
Total
Beginning balance as of June 27, 2015
$
(3.2
)
 
$
(29.2
)
 
$
(15.6
)
 
$
(48.0
)
Transferred to Lumentum (1)
—

 
(8.9
)
 
1.1

 
(7.8
)
Other comprehensive (loss) income before reclassification
153.1

 
(21.8
)
 
—

 
131.3

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
0.3

 
0.3

Net current-period other comprehensive (loss) income
153.1

 
(21.8
)
 
0.3

 
131.6

Ending balance as of January 2, 2016
$
149.9

 
$
(59.9
)
 
$
(14.2
)
 
$
75.8


(1) Amount represents the transfer of accumulated other comprehensive balances to Lumentum as of the Separation Date. Refer to “Note 3. Discontinued Operations” for more information.

(2) Activity during the six months ended primarily relates to a $157.2 million unrealized gain on the marketable equity securities of Lumentum held by Viavi, net of a $3.7 million income tax effect related to the intraperiod tax allocation rules.

(3) Amount represents the amortization of actuarial losses included as a component of Selling, general and administrative expense (“SG&A”) in the Consolidated Statement of Operations for the six months ended January 2, 2016. There was no tax impact. Refer to “Note 15. Employee Pension and Other Benefit Plans” for more details on the computation of net periodic cost for pension plans.