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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 02, 2016
Jun. 27, 2015
Current assets:    
Cash and cash equivalents $ 437.1 $ 334.5
Short-term investments 555.8 464.9
Restricted cash 12.1 26.2
Accounts receivable, net (Note 6) 151.9 152.3
Inventories, net 52.5 53.8
Prepayments and other current assets 34.7 38.2
Current assets of discontinued operations 0.0 310.2
Total current assets 1,244.1 1,380.1
Property, plant and equipment, net 134.4 149.2
Goodwill 245.3 255.5
Intangibles, net 69.4 90.6
Deferred income taxes 113.0 117.3
Other non-current assets 18.6 20.9
Non-current assets of discontinued operations 0.0 204.2
Total assets 1,824.8 2,217.8
Current liabilities:    
Accounts payable 39.9 42.0
Accrued payroll and related expenses 46.2 52.6
Income taxes payable 14.5 3.1
Deferred revenue 87.9 80.6
Accrued expenses 27.3 23.7
Other current liabilities 17.7 43.5
Current liabilities of discontinued operations 0.0 130.0
Total current liabilities 233.5 375.5
Long-term debt 581.5 561.6
Other non-current liabilities 172.4 168.4
Non-current liabilities of discontinued operations $ 0.0 $ 10.9
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred Stock, $0.001 par value; 1 million shares authorized; 1 share at April 2, 2016 and June 27, 2015, issued and outstanding $ 0.0 $ 0.0
Common Stock, $0.001 par value; 1 billion shares authorized; 232 million shares at April 2, 2016 and 235 million shares at June 27, 2015, issued and outstanding 0.2 0.2
Additional paid-in capital 70,051.6 70,022.7
Accumulated deficit (69,303.5) (68,873.5)
Accumulated other comprehensive income (loss) 89.1 (48.0)
Total stockholders’ equity 837.4 1,101.4
Total liabilities and stockholders’ equity $ 1,824.8 $ 2,217.8